National TV ad spend on broadcast/cable was $45.5B during 2017–18 which was roughly the same as 2016–17 despite declining ratings.
YoY change in national TV ad spend according to Standard Media Index:
1) Cable — ↑ 3%
2) Broadcast — ↓ 4%
3) Total — ↓ 4%
YoY change in ad load for national TV:
1) Cable — ↑ 3%
2) Broadcast — ↑ 8%
3) Total — ↑ 4%
Flashback: Fed-Up Advertisers Stop Paying More for Smaller TV Audiences
Over the last 4 years:
1) TV Ratings ↓ 33%
2) TV Ad Prices ↑ 20%
$1.00 of impact 4 years ago now costs $1.79.
Quote from Dave Campanelli — Director of National Television @ Horizon Media:
“How many years can advertisers pay 10 percent over 10 percent over 10 percent — and just keep buying TV?” Campanelli asked — rhetorically, of course, because he had the answer. “You’re going to scare people away from the medium altogether, and it’s not like there aren’t big places to go spend your money in the digital world.”
More #1: Video advertising’s bright future and what you should be doing now
More #2: The Media Buyer’s Point of View on Change Management
