January 25, 2023
In terms of allocating their ad budgets, ad executives are much more bullish on spending in this year’s NewFronts than the conventional TV upfronts, especially marketers.
Nearly half (48%) of advertisers and agency executives say they plan to boost their spending in this year’s NewFronts marketplace, versus only 40% who …
Assuming that these findings are projectable to all upfront buyers and that they are accurate indicators, it would seem as if the upcoming TV upfront will see another fairly healthy increase in spending---as those indicating more spending far outnumbered those planning to spend less. "eMarketer" recently estimated a mere 2.5% increase in upfront TV ad dollars, which, we believe, may be an overly pessimistic prediction.