Transcript COCOR channel

SC COCOR SA BUCUREŞTI, 29-33 I.C.Brătianu Avenue, District 3, 030173 Bucharest, Romania.
A company registered with Bucharest Trade Registrar under nr. J40/8281/1991, CUI: 327763
www.cocor.ro
www.cocormediachannel.ro
DOOH ADVERTISING SERVICES
COMMERCIAL RATE CARD
Updated on February, 2009
RATE CARD
COCOR SA BUCHAREST
Project Developer
Cocor Luxury Store is the first luxury Department Store in
Eastern Europe. Cocor ("Crane"in english) is bound to
reborn under a spectacular media façade in downtown
Bucharest, thus trans-branding notable city landmarks
such as Times Square and Piccadilly Circus.
Cocor Luxury Store in Bucharest, Romania, recently
turned on an impressive new digital display system, for a
total of 3,300 sqm, designed and manufactured by
Daktronics Inc. (Nasdaq- DAKT).
The system comprises 13 large screens Daktronics LED
displays that equal a total surface of 565 square meters,
making it the biggest installation of one display vendor at
a single building in Continental Europe, the second one
after Picadilly Circus in London (650 sqm)
All of the displays utilize Daktronics proven LED
technology to present live and recorded video images,
colorful animation and vivid graphics with incredible
brightness and wide-angle visibility.
Cocor MediaChannel represents the only DOOH vehicle
equipped with traffic counter due to the agreement made
with the Capital Police. It is operational starting with 1st
of December 2008 and it has a tremendous impact on
Romanian OOH market.
Cocor MediaChannel is a division of COCOR S.A. group of
companies, that is a public company, listed on the
Bucharest Stock Exchange (symbol: COCR) with a
capitalization of 15 million euros. It also holds Cocor SPA
Hotel , a 4 star resort in Neptun-Olimp
(www.hotelcocor.ro), Club Vision (www.visionclub.ro)
and Comturist SA (www.comturist.ro).
www.cocor.ro
www.cocormediachannel.ro
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DAKTRONICS ™
KEYFRAME ™
A Worldwide Leader in Large Format Electronic Display
Systems
Content Creation Services
A Division of Daktronics
Though Daktronics may not be a household word, the
company is recognized worldwide in its industry as the
leading designer and manufacturer of electronic
scoreboards, programmable display systems, and large
screen video displays using light emitting diode (LED)
technology. Other product lines include Sportsound®
integrated sound systems for sports facilities and Vortek®
hoists and rigging systems for theatres and other
entertainment and sports facilities.
Keyframe designs innovative, entertaining digital content
in HD video, 3D animation and motion graphics,
specializing in media networks and large scale LED
displays, to evoke an emotional connection with viewers.
Daktronics was founded in 1968 and has close ties to
South Dakota State University in Brookings, S.D. As a
manufacturer and technical contractor, Daktronics
provides standard display products as well as customdesigned and integrated systems.
Home to artists of the digital world, Keyframe is a
premier agency contracted to develop creative content in
SD and HD video, 2D and 3D animation, and motion
graphics. We throw these awe-inspiring creations on LCD
and large scale LED video displays, as well as any other
electronic broadcasting medium.
The company excels in the control of large display
systems, including those that require integration of
complex multiple displays showing real time information,
graphics, animation and video. Every day, in nearly 100
countries around the world,
millions of people depend on Daktronics scoring and
display systems for information.
Keyframe has received awards on the national and local
level for content created in 2007, including three ADDY
Awards, one entry receiving a Best in Class ADDY, three
Telly Awards, a Communicator Award, and a Fourth
Screen Award. These awards came from work created for
Coca-Cola, the University of Alabama, Spotlight Live and
Cingular/HBO. These awards come in addition to
Keyframe’s previously awarded work including Telly
Awards for vignettes created for the Cincinnati Bengals,
Super Bowl XXXV, Tostitos Fiesta Bowl, Delta Airlines and
an ESPN pilot.
www.daktronics.com
www.keyframe.com
DISPLAY PROGRAMMING LEVELS
COCOR
All lighting elements
(synchronous with multi-colour
Cocor facade lights)
LEVEL 1 (C displays)
Fins (5, both sides)
3 x 5 m · 15 sqm
192 x 288 px each fin surface
LEVEL 2 (A and B displays)
HD marquee plus 16:9 LED
· 11 x 25m · 275sqm · 512 x 1024 px
HD marquee surface
· 11 x 7 m · 79 sqm · 512 x 288 px 16:9
surface
LEVEL 3 (A, B and C displays)
All 13 screens (includes
branding banner)
Full-spectacular LED
565 sqm - all display surface
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MAP DISPLAYS
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BROADCASTING FEES – RATE CARD
LEVEL 1 (C screens)
Fins
LEVEL 2 (A and B screens)
HD marquee plus 16:9 LED
LEVEL 3 (A, B and C screens)
Full spectacular LED
5 fins
· 15 000 € / month
· 30 000 € / month
· 40 000 € / month
1 fin
· 3 500 € / month
BROADCASTING TIMELINE - FREQUENCY
Seconds
Minutes
Spots/Hour
Spots/Day (15 hours)
Spots / week (7 days)
Spots / Month (30 days)
Totai Airing Time
5
3
20
300
2100
9000
45000
10
6
10
150
1050
4500
45000
20
12
5
75
525
2250
45000
30
12
5
75
525
2250
67500
•All rates are in Euro. Agency commission, advertising tax and VAT are not included.
** The offer could be customized in order to acomodate special requests
*** The displays will run between 7:00 AM and 11:55 PM
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KEYFRAME PARTNER - PRODUCTION FEES
5 sec spot
10 sec spot
15 sec spot
20 sec spot
25 sec spot
30 sec spot
LEVEL I - 5 fins
unique
1. Spot With Assets
Provided
2.Spot With Assets Plus
3D
3. Spot with No Assets
4. Static Spot
LEVEL 1
Fins
5. Formatting for COCOR
MEDIACHANNEL
$3.800,00
$4.100,00
$4.900,00
$5.200,00
$5.500,00
$6.000,00
$4.400,00
$4.800,00
$375,00
$4.700,00
$5.200,00
$375,00
$5.300,00
$5.500,00
$375,00
$5.500,00
$5.700,00
$375,00
$5.800,00
$6.000,00
$375,00
$6.400,00
$6.600,00
$375,00
$375,00
$375,00
$375,00
$375,00
$375,00
$375,00
$2.400,00
$2.700,00
$3.300,00
$3.500,00
$3.800,00
$4.100,00
$2.800,00
$3.000,00
$375,00
$3.000,00
$3.300,00
$375,00
$3.600,00
$3.800,00
$375,00
$3.900,00
$4.100,00
$375,00
$4.200,00
$4.400,00
$375,00
$4.400,00
$4.600,00
$375,00
$375,00
$375,00
$375,00
$375,00
$375,00
$375,00
$4.100,00
$4.400,00
$5.200,00
$5.500,00
$5.700,00
$6.300,00
$4.500,00
$4.900,00
$5.000,00
$5.500,00
$5.400,00
$5.700,00
$5.800,00
$6.000,00
$6.100,00
$6.300,00
$6.500,00
$6.800,00
$500,00
$500,00
$500,00
$500,00
$500,00
$500,00
$5.200,00
$5.500,00
$5.700,00
$6.100,00
$6.600,00
$6.800,00
$5.700,00
$6.000,00
$5.900,00
$6.300,00
$6.300,00
$6.800,00
$6.900,00
$7.400,00
$7.400,00
$7.900,00
$8.200,00
$8.500,00
$500,00
$500,00
$500,00
$500,00
$500,00
$500,00
LEVEL I - 1 fin
designed
1. Spot With All Assets
Provided
2.Spot With Assets Plus
3D
3. Spot with No Assets
4. Static Spot
5. Formatting for COCOR
MEDIACHANNEL
LEVEL 2
1. Spot With All Assets
Provided
2.Spot With Assets Plus
3D
3. Spot with No Assets
LEVEL 2
HD marquee plus 16:9 LED
4. Formatting for COCOR
MEDIACHANNEL
LEVEL 3
1. Spot With All Assets
Provided
2.Spot With Assets Plus
3D
3. Spot with No Assets
LEVEL 3
Full spectacular LED
4. Formatting for COCOR
MEDIACHANNEL
* All rates are in US Dollars. Agency commission, advertising tax at VAT are not included.
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TERMS FOR BRANDING PACKAGE
Ad created with assets provided
Advertiser provides all necessary digital assets to create final motion graphics ad. This includes but is not limited to logos,
slogans, video footage of product, product photos, etc.
Ad created using 3D treatments of assets provided
Advertiser provides all necessary digital assets to create final motion graphics ad. This includes but is not limited to logos,
slogans, video footage of product, product photos, etc. Logos and other elements are treated with 3D modeling and
textures for added depth.
Ad created with no assets provided
Advertiser does not have any assets available for use in the ad. Keyframe constructs branding from information provided
by client.
Customized ad created from scratch
Customized ad created from scratch using elements created by Keyframe to best portray the brand. This may include
shooting green screen footage, creating elements to describe the brand, acquiring images and producing 3D elements
to composite the final ad.
Formatting content provided by client
Based on the unique way the multiple displays are programmed, Keyframe will format contentcreated by other agencies
to properly play back on the Cocor system. There will be specificrequirements for delivering the content in a separate
document.
Creative consultation, storyboard rendering simulation
Keyframe Account Manager will consult with advertiser or agency to develop the most appropriate and engaging video
treatment for the brand. A simulation of the storyboarded content on the Cocor rendering will be produced to assist with
advertiser approval of concept.
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GENERAL ASSETS GUIDELINES
Cocor MedfiaChannel is an unique, large scale digitale display system covering the outside of the new Cocor building in Bucharest. It is made
up of multiple LED displays (3,300 sqm) capable of showing HD video content and motion graphics in a synchronized schedule on up to 13
displays.
1. Branding and image are the best uses for this type of display.
It is best used to show your potential customers a simple image by which they can remember your brand.
Good example: show your brand associated with people or images that you want purchasing your brand.
Not suggested: calls to action, phone numbers, websites, talking heads (there is no sound associated with the displays, playing
a television commercial will show mouths moving, but no sound.)
2. Text should be concise and appear in bold, highly legible fonts.
3. White backgrounds are discouraged because they appear brighter than your logo or other information.
Black or dark background colors are preferred for LED display technology.
4. Simple text or slogans are all anyone can read while traveling. No fine print should be used.
5. Spots made for television are not appropriate for the COCOR MEDIACHANNEL.
a. No audio accompanies the video screens.
b. Aspect ratio of COCOR MEDIACHANNEL is unlike standard 4:3 size broadcast screens.
c. Viewers are not seated, they are moving.
6. A “spectacular” is defined by a synchronized branding message on all displays at the same time. This gives your brand
an exclusive playback on all screens.
7. Style guides and brand assets are necessary for us to create the appropriate spot for COCOR MEDIACHANNEL. Please
deliver all assets according to the guidelines found next in this document.
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ACCEPTED FORMATS FOR ASSETS
Cocor MedfiaChannel is an unique, large scale digitale display system covering the outside of the new Cocor building in Bucharest. It is made
up of multiple LED displays (3,300 sqm) capable of showing HD video content and motion graphics in a synchronized schedule on up to 13
displays.
Logo or graphic
Please provide files with avi or eps file extensions (vector based graphics)
Photos
Please provide jpg file extensions, uncompressed, 300 dpi or higher, highest resolution possible
Video
HDcam or DVCpro HD, original footage delivered on tape is preferred. Otherwise, uncompressed avi fileextensions
(no mov files or wmv)
Typeface and Font Usage
Logos and compositions should not have small text size, nor should they be thin or serifed. Bold san serifed fonts are preferred
for maximum readability and legibility.
Corporate Identity and Branding Style Guides
Please provide corporate identity manuals and style guides if they are available.
Storyboards
Please provide storyboards and visual examples to detail how you would like your spot to appear.
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SPECIFIC TERMS USED IN PRODUCTION
Cocor MedfiaChannel is an unique, large scale digitale display system covering the outside of the new Cocor building in Bucharest. It is made
up of multiple LED displays (3,300 sqm) capable of showing HD video content and motion graphics in a synchronized schedule on up to 13
displays.
Spot
This term describes the motion content/advertisement created for the brand. We will include the length of the spot in the
description as well. For example, spot 6 means a 6 second spot, spot 15 means a 15 second spot, and so on.
Static
This term refers to an advertisement that has no movement.
Digital Assets
This term refers to logos, photos, video and so on that must be provided in order for Keyframe to create an advertisement.
Digital refers to computer files (jpg, avi, eps, ai, and so on) that we’ll need to produce the final advertisements and content.
Spectacular
A “spectacular” is defined by a synchronized branding message on all displays at the same time. This gives your brand an
exclusive playback on all screens.
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DIGITAL LED CONTENT CREATION GUIDELINES
Cocor MedfiaChannel is an unique, large scale digitale display system covering the outside of the new Cocor building in Bucharest. It is made
up of multiple LED displays (3,300 sqm) capable of showing HD video content and motion graphics in a synchronized schedule on up to 13
displays.
No more than 7 words
The fundamental principles of outdoor print media design apply equally to digital.7 words is a good
copy rule considering potential viewing times may vary from 6 – 30 seconds.Too many elements confuse
so keep creatives uncluttered and simple.
(Research has shown that simple creatives consistently score higher recall rates.)
Colourful, Bright colours, High contrast
Vibrancy and colour consistency across formats is a distinct advantage of outdoor. High contrast images
are viewable from greater distances while colourful creatives tend to invoke stronger emotions from
the viewer. Both design factors will enhance your brand.
Creativity - Multi-creative executions
Digital allows for multiple creative executions per campaign. These can be alternated or scheduled by
time and/or location. Dynamic content is also supported e.g. utilizing live RSS feeds through Flash can
generate and display real-time information. (Development time may be required.)
Be Bold Clear stand-out copy
Typefaces must be legible at distance. Please therefore aim for a minimum font size of 16px to
guarantee text legibility. Typefaces with thin strokes or ornate script should be avoided as they will be
difficult to read.
Production Exact resolution
Please create ads at the exact pixel dimension of the digital screen. This will ensure the actual pixel
density of your creative and deliver the sharpest possible image. If downsizing creative from another
media-type please be aware that elements that are unclear on your monitor at the above resolution
will not be legible once broadcast.
Quality Zero compression
Please avoid any visible image and video compression. To achieve the best display quality content
should be submitted in uncompressed format. JPG is only acceptable at 100 quality and AVI
uncompressed.
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CONTACT
COCOR MARKETING & SALES REPRESENTATIVE
PRODUCTION PARTNER KEYFRAME™
Address:
Lipscani 79 st,
3rd District, Bucharest, Romania
Address:
331 32nd Avenue Brookings,
SD 57006 USA
Tel: 004 - 021 313 43.10
Fax: 004 - 021 313 98.48
Cell: 001 - 605-691-4467
Phone: 001 - 605-697-4467
Office: 1-866-KEYFRAME (539-3726)
E-mail: [email protected]
Web: www.cocor.ro
On-line rate card: www.cocorcmediachannel.ro
Please fill in and submit the provided order form.
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E-mail: [email protected]
Web: www.daktronics.com www.keyframe.com
GENERAL TERMS AND CONDITIONS - 1
General Terms & Conditions of COCOR MEDIACHANNEL
SC COCOR SA, BUCHAREST
DOOH ADVERTISING SERVICES
www.cocorrmediachannel.ro
January 2009
1.Universality. The present „General terms and conditions“ are an integral part of all agreements closed between client and contractor, SC COCOR SA BUCUREŞTI (headquartered in Bucharest, 29-33 I.C.Brătianu Avenue,
District 3, registered with the Trade Registrar under nr. J40/8281/1991, CUI: 327763), with bank account RO18 RNCB 0074 0056 4841 0001 open with BCR Sector 3, hereinafter called COCORCHANNEL®. By placing the
order, the client automatically acknowledges the present „General terms and conditions“ and accepts to be bound by them.
2.Order confirmation. All orders and necessary client statements and disclosures must be made in writing, according to the provided Order Form. Orders must match the applicable advertising fees. Orders will be accepted
pure and simple, will be accepted with comments or rejected in writing only. Changes to existing orders must also be made in writing. COCORMEDIACHANNEL® reserves the right to reject orders without giving reasons.
Accepted orders stand for binding commercial contracts. Accepted with comments orders must be reviewed until mutually accepted.
3.Outdoor advertising. COCORMEDIACHANNEL® is an unique, large scale display system covering the outside of the new Cocor Luxury Store building in Bucharest. It is made up of multiple LED displays capable of showing
HD video content and motion graphics in a synchronized schedule on up to 12 displays. According to Specific Terms Used in Production, COCORCHANNEL® may broadcast either Spots, Static, Digital Assets and
Spectacular or combinations thereof. Advertisements on the media channel are assigned, on the basis of their rating, to one of the following display programming levels: COCOR – All lighting elements, LEVEL 1 - Fins,
LEVEL 2 – HD marquee plus 16:9 LED, LEVEL 3 – Full spectacular LED. A different broadcasting fee applies for each category as outlined in the commercial offer available at http://www.COCORMEDIACHANNEL.ro.
4.Place of performance. The place of performance and legal venue for all obligations by both parties shall be the locality of COCOR LUXURY STORE, at COCOR SA registered office.
5.Service continuity. COCORMEDIACHANNEL® does not warrant that the advertising media agreed upon in the order will remain operational continuously throughout the agreed period or that the advertisements will
continuously be visible under all atmospheric circumstances. COCORCHANNEL® guarantees the advertisement presence throughout the convened broadcasting period according to a suggested broadcasting timeline.
Temporary limitations or disruptions of any kind and for whatever reason will not affect the advertising order and will not entitle the client to demand a partial refund of the remuneration paid for the advertising service, or any
other form of compensation or indemnification. COCORMEDIACHANNEL® makes available in streamline the webcam channel http://www.COCORMEDIACHANNEL.ro/media in order to make possible the real-time checking of
the advertising venue. COCORMEDIACHANNEL® will also supply on-demand statistical computer-generated reports, concerning the display functioning and advertising clips frequency.
6.Duration and broadcasting period. All broadcasts will be performed on dates specified in COCORMEDIACHANNEL®’s broadcasting calendar. COCORMEDIACHANNEL® does not warrant that the advertisements will be
broadcast on specific hours, unless otherwise stipulated in a special agreement, yet warrants strict observance of the agreed broadcasting timeline and the media playing of an advertising clip as close as possible to the
estimate.
7.Assets for media production. The client will provide COCORMEDIACHANNEL® or its designated third party producer with as many assets and storyboard options as required for creation, formatting and
broadcasting.COCORMEDIACHANNEL® assumes no responsibility for imperfect or improper media assets which may prove unfit for digital processing and transposition, according to the media channel technical specifications.
The Production Fees advertised by COCORMEDIACHANNEL® are based on Keyframe™ www.keyframe.com quotations (a creative service division of Daktronics™ – USA www.daktronics.com) and are non-binding to Cocor
SA. If required, COCORMEDIACHANNEL® may act as an all-purpose representative intermediary for the production services supplied by third party producer Keyframe.
8.Media assets guidelines and accepted formats. In order to fulfill the assignment exactly as desired, the client must follow the General Assets Guidelines and Accepted Formats for Assets as provided for in
COCORMEDIACHANNEL® commercial rate card offer, subject to changes.
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GENERAL TERMS AND CONDITIONS - 2
9.
Media assets delivery. All media assets shall be delivered free of charge and fully licensed to COCORMEDIACHANNEL® production team as per the broadcasting calendar. In the event that the advertisements are
broadcast late as a consequence of late delivery of the media assets, the broadcasting period will not be extended. Special fast-formatting charges resulting from late delivery shall be borne by the client.
10.
Advertising content. The client alone is responsible for the content and legal compliance of all advertising materials. The client shall indemnify and hold COCORMEDIACHANNEL® harmless with respect thereto. The
client confirms having obtained all necessary copyright permissions as well as ancillary rights for producing and broadcasting before delivering the media assets to COCORMEDIACHANNEL®. COCORMEDIACHANNEL®
is under no obligation to verify the legal compliance of advertising material. However, COCORMEDIACHANNEL® reserves the right to check provided advertising material for usability and admissibility. The commercial
clients‘ advertising material may not have political content or innuendo or violate statutory or government regulations. Should COCORMEDIACHANNEL® have reservations about the content of the advertisements or the
provided assets, COCORMEDIACHANNEL® may refuse to produce and broadcast such material. The client is aware of the fact that it is not permitted to display advertising for or involving competitors of the company in
whose space the it is operated.
11.
Broadcasting period, broadcasting slots . The client‘s advertisements will be aired according to the sequencing specified in the order confirmation. Unless specific broadcasting slots have been specified in the order
confirmation, COCORMEDIACHANNEL® is responsible for determining broadcasting slots. Even in the case of agreed transmission slots, COCORCHANNEL® is entitled to reschedule these e.g. for reasons of the
topicality of certain broadcasts. Clients may not claim a specific broadcasting priority or sequencing for their advertisement with respect to other advertisements.
12.
Government regulations. The client alone is responsible for advertised design and content as well as compliance with government regulations. COCORMEDIACHANNEL® has the right to withdraw from a previously
accepted order, provided that at the time of the order confirmation, COCORMEDIACHANNEL® was unaware of the design’s and content’s irregularities or if these turn out to be unethical or to violate a third party’s rights
or interests. In such cases, the client shall nonetheless pay the broadcasting fee in full.
13.
Rejection by authorities. In case competent authorities or the owner of the object in question should, for whatever reason, object either to the content being broadcast, or to its remaining in place, or if
COCORMEDIACHANNEL’s right to use the object is terminated, all agreements concerning this matter will become null and void. The client is not entitled to compensation, unless he proves the a serious fault on
COCORMEDIACHANNEL®. However, any prepayments of the broadcasting fee will be reimbursed. COCORMEDIACHANNEL® reserves the right to cancel the broadcasting (including the immediate stop of an ongoing
campaign). In such a case COCORMEDIACHANNEL® can decline an order or rescind an effective order.
14.
Liability, limitations, consequential damages, force majeure, other disruptive events. COCORMEDIACHANNEL® warrants that the client’s media assets will be properly displayed in a timely manner, according to
the agreed upon display calendar. Any claims for damages and notifications of defect may only be made during the contracted broadcasting period. Force majeure events like natural disasters, extraordinary weather
conditions such as sustained periods of storm, cold and rain, etc. relieve COCORMEDIACHANNEL® of all liability. Under such conditions, COCORMEDIACHANNEL® may purposely be shut down in order to prevent
damage, according to technical specifications. During such periods, the contract is suspended. Should one of the above mentioned events make it impossible or unreasonable to provide the contracted service,
COCORMEDIACHANNEL® may even suspend its outdoor advertising activity, whereas the obligation to pay shall be proportionally reduced/reimbursed. Claims for damages arising herefrom are excluded.
COCORMEDIACHANNEL® shall notify the client about such circumstances within a reasonable period of time and do its best to resume broadcasting as soon as possible. Claims for consequential damage are excluded,
except in aggravated situations resulting from willful or grossly negligent acts on the part of COCORMEDIACHANNEL®. COCORMEDIACHANNEL® does not assume liability for reaching a specific level of outdoor
advertising effectiveness.
15.
Subletting of advertising areas. Media agency. Contracted display programming level may not be subcontracted or transferred to third parties, except if the client is a media agency acting in its own name, but on
behalf of its own clients from its own portfolio. None of the advertising areas may be reserved perpetually to one client.
16.
Exclusion of competitors. There is no exclusion of competitors and none whatsoever that may be requested by the client or otherwise granted by COCORMEDIACHANNEL®. Nevertheless, COCORMEDIACHANNEL®
may unilaterally reject and filter out such clients, brands, or media content which is deemed to be unfit for the public image and public perception of Cocor Luxury Store representative standards.
17.
Data protection. The client acknowledges that COCORMEDIACHANNEL® stores all customer-specific data needed for business transactions between the client and COCORMEDIACHANNEL®, including title,
company/name, address, industry, clients portfolio, order history, etc. Data will be stored in a client database and will also be used for mailing informational material as well as for accounting purposes. The client
authorizes COCORMEDIACHANNEL® to send informational material in the future including via electronic means (e-mail, etc.)
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GENERAL TERMS AND CONDITIONS - 3
18.
Use of footage. COCORMEDIACHANNEL® makes pictures and films of selected products and projects for market communication and advertising purposes. The client acknowledges that in this context, his advertising
may be used and to this purpose his consent is always presumed, unless expressly revoked and notified.
19.
Copyright and right to use a work. All copyrights for the advertising concept developed on behalf of the client for outdoor advertising, as well as any current or possible implementation are reserved by
COCORMEDIACHANNEL® only. Such rights do not cover the client’s pieces of advertisement themselves, nor their content. Use of these concepts by the client or by third parties commissioned by the client is subject to
written approval by COCORMEDIACHANNEL®. This written approval must also specify the fee to be paid by the client.
20.
Rates. Rates in effect at the time of the Client’s filing of the order apply. Rates are expressed in EURO and are always subject to change. All rates are exclusive of VAT, agency commissions, advertising tax, payable
according to the stipulated terms of payment, by wire transfer and without discount. Special discounts from the published rate card for partner agencies and permanent clients may be granted upon separate negotiation.
Only payments made in RON directly to COCORMEDIACHANNEL® (COCOR SA designated bank accounts) will be accepted. COCORMEDIACHANNEL® reserves the right to adjust the rates according to the consumer
price index.
21.
Shared advertisements (co-branding, cross-branding). A surcharge of up to 200% may apply to services demanding or implying shared advertisements (posters advertising several brands or services offered in
different relevant market segments or by different companies).
22.
Terms of payment. In principle COCORMEDIACHANNEL® expects the payment in advance, within 5 working days from invoicing (within days upon order placement). Different terms may be conceded upon order
confirmation and invoicing. In case of delayed payment or deferred payment, default legal interests will be charged. Any additional services rendered are due and payable immediately.
23.
Exoneration. Should the client not comply with the terms of payment, COCORMEDIACHANNEL® may not fulfill the order or, as the case may be, discontinue the broadcast of all client’s advertisements without further
notice, following the expiry of a 3-day grace period. In the event that bankruptcy or compensation proceedings against the client are opened or a petition for initiating bankruptcy proceedings due either insolvency or
insolvability, COCORMEDIACHANNEL® is entitled to refrain from fulfilling the order or, as the case may be, immediately remove all advertisements from broadcasting.
24.
Cancellation policy. Effective and paid orders may be cancelled without charge up to 2 calendar weeks prior to the first broadcasting date as defined by COCORMEDIACHANNEL® calendar only. However, the
production fees are due, unless the production has not started yet. Order cancellations after this deadline are subject to a conventional penalty of 20% of the gross order value excluding advertising tax. The difference to
be reimbursed will in principle be credited to the client’s account of any future order within the next 6 months. Cancellations shall be made in writing. Cancellations are deemed to be made in a timely manner depending on
the day of receipt by COCORMEDIACHANNEL®. Cancellations may be made by mail, fax or e-mail.
25.
Warranty. On principle, COCORMEDIACHANNEL® warrants that all orders will be performed in accordance with the contract. In the event that a faulty broadcast significantly reduces the advertising efficiency, the client
may claim a substitute broadcast. This does not entitle the client to rescind the contract and/or to claim a price reduction, unless a substitute broadcast would not meets its purpose for reasons of relevance and/or
topicality.
26.
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IMPORTANT - CREATIVE PRODUCTION
The most common mistakes in LED screen content creation...
Don’t let this be you
Ad duration, legibility, motion and more can be your greatest asset, or greatest liability in LED Billboards content creation. Read on to see if you’re thinking of all the variables or not.
If you want to get the most out of your LED wall (and your customers), in terms of recognition from the audience, this article will help you determine the best approach for creating a new ad.
Here we go with a few tips that might be useful for you (or your designer), when creating the next advertising to be broadcast on your LED wall. If you want to get the most out of your LED wall (and your customers), in
terms of recognition from the audience, this article will help you determine the best approach for creating a new ad.
First of all, let’s address the ad duration. Some people make the huge mistake of creating 30 to 40 seconds ads. 30 seconds? Your audience is not sitting on a sofa waiting for the next TV show! They are most probably
driving by at 45 miles per hour and hopefully they are more focused on the street rather than your screen.
Still, they should be able to see the entire ads, from start to end while passing by. So what's the point of creating a wonderful ad, if they can’t read the advertiser's phone number and address at the end because the ad is
too long? From my experience an ad should be a maximum of 10 seconds in length, and rarely 15 seconds.
Longer ads are pointless because either your target sees the beginning and not the end, or vice-versa. In both cases, you didn't get the message across, and the audience did not find an interesting message on your LED
wall. Therefore your customer will have no interest in doing it again in the future because they didn't get much in return for their investment.
Of course, there are exceptions to the "10 second" rule, such as when LED walls are installed in pedestrian areas where people have more time to watch the LED wall. But as I said, those are exceptions and are rare.
Rules, rules, rules
The first rule of formatting: when creating text (ie. the address, phone number, etc.) for a LED wall ad is... Ready? Make letters BIG! At least 1/4 of the screen! I can’t understand those designers that create super small
text that might look nice on their PC or MAC monitor when they create it, but it’s terrible when broadcast on the LED wall.
The second rule of formatting: is to not apply shades or glossy effects on text. As mentioned before, these fancy effects might look nice on the monitor, but they definitely are not cool on the LED wall. The reason is
that despite its huge size, the LED wall has actually less pixels than you PC monitor. So it is pointless to create special shining effects on a 2 inch letter that looks big on a PC but is invisible on a LED screen.
The third rule of formatting: is to use Sans Serif fonts only. If the text looks blurry on the LED wall, you should make every possible effort to make things better. Serif fonts (i.e. Courier, Times New Roman etc) are very
nice on the PC monitor but they do have the serifs which add pointless "noise" to the text and makes it look less clear. Imagine this situation amplified by the "blurry" effect of the virtual pixel. Instead, use Sans Serif
fonts such as Arial, Geneva, Helvetica, Verdana or Tahoma, as they appear much more readable on the LED wall. If you absolutely have to use a "noisy" font, at least make it big.
The fourth rule of formatting: is to use contrasting colors. Over 20 years ago, Ms. Karen Claus published a table indicating the color-match with the best contrast ratio. She created the table for classic static signage, but
the principle is still very valid with LED Billboards. According to her research and studies, the best matches are: black on yellow; black on white; yellow on black; white on blue; yellow on blue; green on white; blue on
yellow; white on green. Use text colors in these combinations and try to avoid such things as pink on red.
The fifth rule of formatting: is that the simpler the text is, the better the text looks. On LED walls, you have 10 to 15 seconds to make your ad memorable. It means that if the text is not clear at first sight, people won’t
give it a second chance. Remember that they are most likely driving at least 45 miles per hour and hopefully they are more concerned about the road than about a fuzzy headline.
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Other mistakes in LED screen content creation
As you can very well imagine, the key role in the LED screen content creation is the designer. Many people don't realize how fundamental this role is, because they are too focused on selling the ad spaces. The point is, if
you have a good designer, your ads will sell themselves well. If you don't have a good designer, it doesn't matter what a great salesman you are, you won’t sell much for long!
If you installed a LED wall, you’ve likely made quite an investment in that wall. I know at this point you don't want to hear about further expenses. I can understand that, but please don’t make the unforgivable mistake
of skimping on the content/ad designer. Having an inexperienced person creating the ads (i.e. your teenage nephew), is like giving your brand new Ferrari to a first-time driver. I know you already spent lots money, but
don’t be penny wise and pound foolish, by poorly managing your investment.
Make sure you know what your designer does. Sometimes I look at ads that are so poorly designed that I actually would like to call and complain. I feel like even I could do better than that and I bet other people think the
same. To avoid such situations, send your content/ad designer to view their designs in the real world and view them from in front of the screen at least one hour a week to see in person, what they are doing and how the
ads appear to the final audience. I promise you that the first few times, they will change 50% of the content of each ad they created.
The basics
Now that you have the designer on the right path, you must give direction on the type of content that they are creating. Here are some of the basic rules of content: First, look at the complex versus the simple. There
are two different schools of thought regarding the ad content. The first claims that the ad should be as creative as possible in order to get attention. It seems to be a pretty clear and justified goal because a paying
customer should get the most memorable ad possible.
The second school of thought is that a simple version of an ad is better. This version claims that the memorable ads may boost the agency pride, but not the customer's profits. So making an ad too funny or too
memorable might not be the best for your customer if it doesn’t result in filling your clients goals from the advertising. Usually this happens because people concentrate so much on content and become blind to the
brand or product. From my point of view balance is the best solution.
As a final thought to consider, remember that freshness is king. You should consider always having some fresh, updated, and useful content on your LED screen. Not just ads only. Otherwise people will get accustomed to
the LED wall having just ads on it and will less encouraged to look at your board. You should provide updated content on a regular basis: ideally you should upload new useful content every day. Even basic information
such as the temperature, the weather forecast for the next few days, the fact of the day, or a random quote of the day will significantly increase the stickiness to your LED screen.
If you manage to get people looking at the LED display over time because they are curious about the next random quote, you simultaneously achieve two results: People will start commenting about the LED screen, and
second, and probably most important, you will receive and maintain a strong selling point with your customers, because you can provide to them that the reason that people will look at the display and in the end why
they should advertise on your LED screen.
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