Who -- or what -- is driving the TV advertising market these days? TV networks, marketers -- or perhaps an individual day of the week? It's a complicated formula.
After a dismal year,
automotive advertising is back with a flourish, resuming its leading category status. Financial companies and telecommunications continue to be hot, right behind the autos. And movie companies still
change media plans as often as movie and media executives change their socks -- daily. All this activity helps stir the pot.
TV's scatter market continues its rocketing pace for the
networks, with hefty double digit gains. Currently, TV stations are pacing 20% to 30% and more over the really pitiful 2009 recessionary season, which sank TV companies in the other direction -- 20%
to 30%. down.
Looking at some key factors, Thursday night isn't what it used to be -- but what is?
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Viewership on that
night has drifted south. But the highest rates of viewership have been on Sunday and Monday for many years. Thursday night's claim to fame has been as a big revenue driver, with movie companies still
spending on that night and pushing up prices to big premiums. In more recent years, Fox's "American Idol" has help shift dollars to earlier in the week.
TV is dead to some digital
entrepreneurs. But then there's the news of the Super Bowl. It's October, and Fox has only two 30-second
spots --at $3 million a piece -- left to sell in the big game that airs next February, according to recent report.
Yeah, yeah, yeah. We know it's only one big TV event; it isn't the
entire industry. But on more of a regular basis, the NFL, during this current season, has been pulling the best prime-time ratings in more than a decade.
Many TV research metrics --
live-only, live plus same day viewing -- don't look so good, especially for broadcasters. But that's not the whole story. Right or wrong -- helpful for advertisers or not -- after seven days many big
prime-time TV shows add 30% to 40% more viewers.
Someone thinks TV is worthwhile enough to still watch these shows a week after their initial airings. That says something.