综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Make me your Homepage
left corner left corner
China Daily Website

TV executives await blockbuster ad sales

Updated: 2011-03-09 10:12
(Agencies)

TV executives await blockbuster ad sales

U.S. television executives are banking on a white-hot season for advertising sales, saying strong demand from automakers and telecommunications companies could drive prices up at least 10 percent.

Sales for the 2011-12 television season will not begin in earnest until May, leaving plenty of time for worries about unemployment, the housing market and high oil prices to chase away advertisers.

But that did not keep top TV executives this week from talking up prospects for May's upfront sales, so called because they occur each year after the broadcast networks unveil their new schedules, but ahead of the actual TV season. At stake is $8 billion to $9 billion in commercial time.

"We have to get substantial price increases. I am sure we will," CBS Corp Chief Executive Les Moonves said at a Deutsche Bank conference. "I'm going to get criticized tomorrow. The advertiser is going to say: 'He's an idiot; they are never going to get that.' But I would be very surprised if we took much inventory below double digits."

At CBS, home to hits such as "CSI: Crime Scene Investigation," advertisers have paid up heavily to purchase last-minute commercial spots, known as the scatter market in the TV industry. In some cases, rates are up 35 percent to 40 percent over those paid during the 2010 upfront, said Moonves.

A healthier auto market is among the reasons TV executives sound so confident because Ford Motor Co., General Motors Co and Chrysler are some of Madison Avenue's top spenders. But other categories are also hot, including telecommunications, consumer electronics and banking.

Speaking at the conference on Tuesday, Discovery Communications Inc Chief Financial Officer Brad Singer said the cable company had experienced "a fairly uniform strength across all categories" in recent weeks.

Cable upfront sales start just ahead of those by broadcast networks CBS, Walt Disney Co's ABC, News Corp's Fox and NBC, controlled by Comcast Corp.

"We're not smart enough to tell you what the world will be in May, but it feels like a very good environment," Singer said.

Another top cable executive, Viacom Inc CEO Philippe Dauman, who overseas networks such as MTV and Nickelodeon, forecast prices increases of 10 percent or more.

"I think we will see double-digit price growth. We are going to be very strong in the upfront," he said.

A year ago at this time, the advertising market was still trying to shake off the effects of a recession that decimated marketing budgets. Confidence improved by May, helping CBS, ABC, Fox and NBC win rate increases of 6-9 percent.

Although the TV business looks even better today, it is not all rosy. Advertisers continue to be frustrated by the spread of digital video recorders, allowing more viewers to skip commercials. Plus, they have plenty choices when it comes to spending budgets, whether that is social networks or search.

But Chase Carey, chief operating officer of News Corp, suggested advertisers may think twice about withholding dollars from this year's upfront market.

"The advertising market really continues to be great. The networks probably got a scatter market that's 25 percent to 40 percent above the upfront," he said during the conference. "Those who didn't buy in the upfront last year and had to be buying in the scatter market right now have had a tough time."

Today's market "feels as good as it has in a long time."

 
 
...
...
肃宁县| 平和县| 贡山| 罗定市| 保德县| 深水埗区| 福安市| 来安县| 德江县| 荃湾区| 黄平县| 新蔡县| 内黄县| 牟定县| 仁怀市| 武冈市| 蒲江县| 临沧市| 政和县| 建昌县| 海南省| 将乐县| 泸西县| 南皮县| 康保县| 瑞安市| 文登市| 无锡市| 芜湖市| 太保市| 麻江县| 濉溪县| 云浮市| 平利县| 靖远县| 铅山县| 上虞市| 五家渠市| 宜川县| 榆社县| 安塞县|