Commentary

Streamers Aiming News At Young TV Viewers Is Good Business

This headline may catch your eye: “Peacock is helping MSNBC reach younger viewers.”

Well, stop the presses!

Every legacy TV network -- broadcast or cable -- benefits from streaming platform associations when it comes to gaining young viewers. And not just with new streaming platforms, any digital video media platform can help.

For example, CBS -- typically one of the oldest-viewer skewing TV networks on median age -- has said for years it benefited from digital media, especially for streamer CBS All Access -- now Paramount+ -- to secure a younger audience profile.

TV news networks, in particular, skew the oldest of the old. So, big benefits go to CNN, Fox News Channel, MSNBC, Bloomberg News, as well as virtually all broadcast news TV programming looking to create or latch onto their bigger parent media company’s streaming platforms.

In a related matter, many believe the old standby measure for news TV advertisers, the 25-54 demographic, should be abandoned by those news networks that use those numbers to tout their market strength.

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All networks are challenged by advertisers looking to monetize their media buys with much more data -- business outcomes, specific dollar return on media investment, performance marketing and other measures that show improved business lift.

In part, you can understand this obvious trend. Tomorrow, young media consumers looking at future content on streaming services could “discover” news-related content. For sometime, Vice Media has been one company working hard to bring in young viewers -- via legacy TV networks/platforms or streaming.

Even then, can someone tell me how many 25, 26, 27-year-olds are really watching live, linear TV news networks these days?

Yes, the current TV pricing formulas for longtime advertisers stem from those older, increasingly less-effective demographics scorecards. But that needs to change -- and is changing.

In fact, for years, media executives knew TV news networks audiences are really 55+ if not 60+viewers -- thus resulting in all those pharmaceutical, finance and life-insurance ads.

Idea for a streaming change: Video games, sports TV or movie advertising content would be a nice counter, running alongside a presidential or congressional press conference -- possibly side-by-side video on your TV screen. Your real help is on the way.

1 comment about "Streamers Aiming News At Young TV Viewers Is Good Business".
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  1. Ed Papazian from Media Dynamics Inc, October 8, 2021 at 10:05 a.m.

    Good one,Wayne. As you know, I've been one of those who ridicule 25-54 "targeting" via GRP tonnage guarantees for TV news buys. It's ridiculous now and it was equally absurd 50 years ago when 25-54 was decided upon as the TV news "key  demo". Even back then the news audience skewed overwhelmingly 55+. Which is how the growing number of independent stations made their mark in the 1960s and 1970s---by counterprogramming national and affiliate early newscasts with off-network sitcoms and action dramas---and capturing most of the under 40 viewers in those time slots. As for streaming news being able to garner significant scale in terms of every day news viewers that's a very tough road to embark on---possible, but very unlikely. Why? First, younger audiences don't spend that much time with "TV" in any form. Second,they don't care about most of what's covered in TV news---no matter how it is accessed.

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