In just three years, online's broadband video advertising marketplace has grown from about a $30 million upfront to one that will reach at least $500 million over the next 12 months, and as much as $1 billion this year, making it the size of a major broadcast network TV daypart, akin to late night, early morning or early evening news, executives helping to develop that market said Thursday during Media magazine's 2006 Outfront Conference in New York. ...Read the whole story
In a strongly worded outburst, one of Madison Avenue's biggest TV buyers said she was personally agitated about Nielsen's decision to release three concurrent streams of conflicting TV ratings data, and leaving it to ad agencies, and the TV advertising marketplace to sort out how they should be used as the basis of upfront TV negotiations. ...Read the whole story
As TV loses its monolithic status in media planning, the TV upfronts will increasingly afford other media an opportunity to pitch buyers for budgets previously earmarked for TV, Targetcast tcm President and CEO Steve Farella told an audience of media execs at Media Magazine's "Outfront Conference" on Thursday. ...Read the whole story
A day after it was announced that he would lead the agency's upfront negotiations, Starcom CEO John Muszynski called for an overhaul of the annual spring bazaar. Looking to follow viewers as they increasingly consume video on emerging platforms, Muszynski said the upfront should be expanded to include those new distribution outlets. ...Read the whole story
Some major media companies look to be shifting position on a possible purchase of Univision--Walt Disney Company, CBS, and Grupo Televisa are now all actively considering buying the large Spanish-language network, according to published reports. ...Read the whole story
Engagement is real and meaningful, but its usefulness is limited by the lack of a single measurement currency, speakers on the "Engagement" panel agreed during Media Magazine's "Outfront Conference" on Thursday. During the course of the panel, it became obvious that in large part that's due to the fact that the meaning of engagement itself is still up for debate. ...Read the whole story
TNT's commercial-free premiere of new drama "Saved" will be sponsored by Dodge and Quiznos. "Saved" is one of three shows on the Turner network set to premiere this summer with no commercial interruptions--a move that could blunt the impact of ad-skipping DVRs and ease advertisers' concerns about increasing clutter. ...Read the whole story
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