Big-name Olympic athletes will probably be seen more off-the-field during the 2016 Summer Olympics in Rio de Janeiro. That’s because the International Olympic Committee is
softening its rules about advertising, which previously prohibited athletes from being part of
“generic” or “non-Olympic” TV advertising during the games.
That will mean more promotion and compensation for athletes, possibly even more so for big TV
advertisers such as Coca-Cola.
Still, there is some downside for TV advertisers with this change, because much creative during the games typically has Olympics themes as a key
component -- and the rules still prohibit athletes from participating in such ads.
Only a few years ago, the Academy of Motion Pictures Arts & Science also relaxed its rules
for advertising during the Academy Awards telecast. Movie studios now can advertise upcoming film only – not those previously released, and definitely not those nominated for Oscars.
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These two changes in ad rules may signal that TV producers recognize that competition for consumers’ media time is getting more intense -- while TV ratings, even for live TV
programming, are getting smaller.
Perhaps even more important, big TV advertisers are getting antsy, with some increasingly looking to shift more dollars to digital. Traditional
TV producers/content providers need to keep an eye on this trend, and do all they can to keep those advertisers happy.