Happy with the new broadcast TV season and your new shows? Or do you need to wait three days? Maybe seven? Or perhaps 35, to find out how popular the shows really are?
For many TV columnists,
business and otherwise, this has been a weak 2015-2016 season so far. No new shows have grabbed any big interest, and even the still-high-flying “Empire” from Fox a year ago (though down a
bit from its big numbers last spring) hasn’t churned up any buzz.
Cable? We had a nice media bump from the prequel “Fear The Walking Dead” on AMC this past summer. Even then
the just concluded finale of the show posted a modest (by AMC’s “Walking Dead” standards) 3.4 rating among 18-49 viewers.
TV network executives have been bracing for
the fall season, pushing the TV business press to write about live plus whatever time-shifting metric, and/or digital viewing metric you like -- three, seven, 35 days, or beyond.
To be fair,
it isn’t all the TV executives' fault. Plenty of viewing of their TV shows -- in the digital space and other platforms -- does indeed exist. But the factor of time viewing delay seems to be
killing the next-day digital water cooler effect. Binge viewing and spoiler alerts are making things more complex.
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TV Watch has long suggested TV programs' value should be expressed in
something real -- a more accessible currency for TV business executives and customers: dollars. Specifically, advertising dollars.
From September 3 through October 6, “Big Bang
Theory” posted $50.5 million in national advertising revenues, according to iSpot.tv estimated data. “The Voice” pulled in $31.7 million; and “Modern Family”, $27.4
million over the time period. This data includes all national advertising airings, running originals on a broadcast network, as well as reruns on cable and/or U.S. station syndication.
TV networks want to abandon the whole next day “overnight” TV viewing data. But will we really be left in a “waiting period” to account for viewing of a particular
piece of video -- after a week, after a month?
Does traditional TV really want less immediate buzz by having its “earned media” -- the press, social media content -- delay writing
about stuff? Perhaps other next-day data might be a better idea.