With NBC suddenly adding to the wealth of new shows for advertisers to mull over -- some 13 in all - one question remains, how to market all of these programs?
While advertisers love the glitz
of lots of new scripted shows, the real work starts now. This is especially true in these digital, fractionalized-media and entertainment days.
Alluding to the likes of NBC -- his former
place of employment -- Kevin Reilly, president of entertainment for Fox Broadcasting, was astounded by networks with large rosters of new shows, wondering how they could pull off this heavy
marketing trick.
Reilly has a point. He noted that now movie studios need at least $50 million -- if not $75 million -- in paid media to get a general-interest, wid- release theatrical
movie launched.
TV shows never come close to those advertising efforts. Paid media for TV shows, at best, might see $2 million to $5 million in combined outdoor, Internet, and radio
advertising platforms.
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The most important advertising medium for TV shows is still its own airwaves - all that TV program promo time. But the question is, can networks move the needle any
more?
Few networks are ready to eat into their non-TV program time, anywhere from 13 minutes to 17 minutes an hour depending on the broadcast or cable network, specifically turning
advertising inventory into program promo inventory.
NBC is not alone. For years, ABC typically announced anywhere from 10 to a dozen new shows for its new season. ABC executives will be
quick to tell you marketing dollars aren't distributed equally across the board. It selects a few key areas/program to work on.
Every year for TV marketers the problem
continues, as they face the prospect of lower ratings of shows.
Digital and Internet marketing/promo buzz does help. But study after study shows TV program promotional time is not only the
most valuable - but perhaps undervalued versus where it was a few years ago. MediaPost columnist Dave Morgan of Simulmedia has done some research work on
this topic.
All this means is networks will have to make some tough marketing decisions to make soon.