Media buyers expect business as usual at this year’s upfront.
Buyers polled at the American Association of Advertising Agencies’ annual media conference last week didn’t expect the writers’ strike to have much, if any, impact on this year’s upfront buying season. Networks are expected to be asking for a big increase over current pricing because today’s scatter spots are 40 to 50 percent more than what buyers paid in the last upfront, wrote MediaWeek.
The networks’ prime time upfront could come in just slightly lower than last year due to some clients shifting slivers of budgets to other media explored during the strike. Not knowing how the fall line-up looks will have little impact on planning; buyers say that networks get only 20 percent of the buy anyway.
The buyers’ general feelings seems to be that they’ll play ball with the networks as long as the big four don’t get greedy and overvalue inventory.
Some high prices are being seen now because of makegoods necessitated by poorly performing shows - and makegoods tighten availability. Buyers are hopeful that all makegoods will be paid off by the end of May.
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