Byju’s hit pause on ads featuring Shah Rukh Khan after Aryan Khan’s arrest in drug case : Bollywood News
Shah Rukh Khan is the model ambassador of the favored instructing utility Byju’s. Reportedly, Byju’s has paused its affiliation with the Bollywood celebrity following the arrest of his son Aryan Khan in a drug case in Mumbai.
As per studies, the edtech firm has pulled advertisements that includes Shah Rukh Khan regardless of advance bookings. This transfer was carried out after they confronted a backlash on social media platforms like Twitter. Shah Rukh Khan is the face of a number of high-profile manufacturers like Dubai Tourism, ICICI Financial institution, Hyundai, LG, Reliance Jio amongst others. Nonetheless, Byju’s was one of many largest sponsorship offers for the actor. As per studies, SRK has an annual deal of Rs. 3-4 crore with Byju’s.
Byju’s had launched a brand new advert marketing campaign with SRK a few weeks in the past. However for now, they’ve paused all promotions that includes SRK as they don’t want to be seen selling the model with SRK amid a drug case controversy involving his son. Nonetheless, it’s not clear whether or not the corporate has determined to drop SRK as its model ambassador altogether.
Byju’s had additionally panned advertisements for IPL. Nonetheless, now with IPL shifting in direction of its closing stage, the corporate shouldn’t be positive if it will likely be in a position to pull out of all IPL promotions.
In the meantime, Byju’s has benefited immensely from its affiliation with Khan. Reportedly, Khan’s affiliation with the model has been so deep that even when they hit the pause button, it will likely be troublesome for the model to delink itself from SRK. Byju’s is presently essentially the most valued startup with a valuation of round $18 billion. In the meantime, SRK was ranked fourth in Duff & Phelps’ movie star model valuation research with a model worth of $51.1 million.
ALSO READ: Karan Johar visits Shah Rukh Khan together with senior advocate Rustam N Mulla at Mannat after Mumbai Courtroom denies bail to Aryan Khan
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