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TV Ad Prices: Article Analysis

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Advertisers have to worry about getting a good bang for their buck when it comes to paying for television screen time. Brian Steinberg, senior TV editor at Variety writes about rising prices of upfront advertisements in the article “TV Ad Prices: Football Hikes, ‘Walking Dead’ Stumbles, ‘Chicago Fire,’ ‘Goldbergs’ on the Rise.” Upfront advertisements refer to 30-second spots that are purchased in advance on a particular network during a particular show. Generally, commercial prices reflect viewing habits obtained by recorded data so that a more popular show will be more expensive than a less popular show. Because of their centrality to the American home life and high viewership, football games are the most costly commercial space. For the 2016/2017 football season, the price of a 30-second ad for Thursday Night Football on CBS has increased by almost 15% to be $529,989. This increase, however, has a negative correlation with the number of people watching football on CBS. The article states that this particular season, factors like the focus on the presidential election and the wider availability of football on various networks can account for a decline in viewership. It is important for advertisers to focus on the numbers they will be reaching when it comes to …show more content…

Even live football can be viewed online sans commercials. According to the article, advertisers are likely to spend an equal amount on TV and digital advertising for the first time. Only seven of the 25 most expensive television shows during which to advertise increased in price through the years. Among these were “Sunday Night Football,” “Thursday Night Football,” “The Big Bang Theory,” and “Grey’s Anatomy.” Previously the most expensive shows “The Walking Dead” and “Fear the Walking Dead” decreased in price by 6.4% and 46.5%,

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