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Yum Brands has reportedly shifted as much as $25 million from broadcast to cable, with MTV getting a large portion of the spend. SC Johnson is also said to have moved about $20 million to cable from broadcast.
In recent weeks, a flood of incremental revenue has come into the cable upfront as budgets have begun to shift from broadcast, writes Mediaweek.
In addition to SC Johnson and Yum Brands, automakers are also helping to drive up cable’s numbers. GM is said to have driven between $15 million and $20 million from broadcast to cable during this year’s upfront, while Toyota did the same, to a lesser extent.
“When money’s tight, cable’s like an extra-value meal,” one ad sales chief is quoted as saying.
Katz Media Group has added another new client, Lincoln Financial Media, and will sell ad time on the company’s 15 stations beginning immediately.
Katz also added CBS Radio and Entercom last week, picking them off from Interep’s list.
Katz has also…
Last week, Aegis Group CEO Robert Lerwill resigned unexpectedly, sparking speculation that a takeover may be on the horizon.
Lerwill stepped down officially today (Monday), with Aegis chairman John Napier taking over his duties on an interim basis, writes MediaPost. People…
Out-of-home companies are bracing for the recession like everyone else, but they may not feel the sting as badly as other media.
Though the third quarter brought negative growth to the nation’s three largest OOH companies - Clear Channel Outdoor,…
The 82nd annual Macy’s Thanksgiving Day Parade pulled an average 12.6 rating/26 share on Thanksgiving morning, Nov. 27, according to Nielsen.
That was 8% higher than its telecast last year, Mediaweek writes. NBC estimated that a total 44.7 million viewers…
Top American non-luxury auto brands received higher ratings and less negative comments from online consumers than competing Japanese brands, according to an analysis of consumer opinions collected from automotive review websites by Biz360, MarketingCharts reports.
The research, which aggregated a year’s…
Email, news gathering and paying bills continue to be the most widely used online activities among U.S. adults, but downloading TV programs, watching videos and making web phone calls posted the biggest overall growth, according to data from Mediamark Research…
