Monday, December 29, 2014

Media Companies (and Executives) on the Hot Seat in 2015

The New York Times

ANYONE RUNNING A MOVIE STUDIO OR A THEATER CHAIN
Never mind hacking, who stole all those moviegoers? Ticket sales at the box office fell 4 percent this year versus last year, and in the first nine months, profits at Regal Entertainment, the No. 1 theater chain, were down 50 percent compared with the previous year. More worrisome still, the Nielsen Company said last week that movie attendance for Americans ages 12 to 24 dropped 15 percent in the first nine months of 2014, compared with the same period a year earlier.
Movies have become a tent-pole business, meaning that they are dependent on blockbusters garnering huge domestic and international box office sales that mint franchises the studios can ride for years. If young people — a critical demographic — are too busy cocooning with their little screens or looking at bigger and bigger ones at home, it’s going to make that corner office on the studio lot feel like a sauna.
PHIL GRIFFIN, PRESIDENT OF MSNBC
Those familiar with television news will tell you that Mr. Griffin is one of the smartest people around, but you wouldn’t know it from MSNBC’s ratings. Stalwarts of the liberal-leaning channel — “The Rachel Maddow Show” and “Morning Joe” — are posting some of their lowest ratings ever and some of the fixes that Mr. Griffin has come up with — Ronan Farrow, anyone? — went nowhere.
Cable news outfits are always compared with Fox News, but that channel is in its own business, which involves grilling and serving red meat to devoted conservatives. With a Democratic president viewed by many as disappointing, and control of both houses belonging to Republicans, liberals are less interested in tuning in to chronic outrage. It’s been said that television news is a business where elections, in the form of ratings, are held every night, and by that measure, MSNBC is losing its base. Eventually, attention will focus on both the overall approach and the leader of the ticket.
PHILIPPE DAUMAN, CHIEF EXECUTIVE OF VIACOM
As head of Viacom, Mr. Dauman makes serious coin — $37.2 million in salary, stock and options last year — which is swell for him, but with big money comes significant expectations. Viacom’s once-storied collection of channels now looks more like stuff you’d find in the bargain bin. Ratings for its networks, including MTV, Comedy Central and Nickelodeon, dropped 15 percent in the quarter that ended in September and while Mr. Dauman rightly points out that Nielsen data failed to capture viewing on other platforms, there is no denying the broader trend.
 
Nickelodeon, which produces about half of the company’s profits, has been in a pronounced slide, and Comedy Central will have to reboot part of its nightly programming now that Stephen Colbert is headed to CBS. I’m not the only skeptic: Disney’s stock is up almost 25 percent on the year, while Viacom’s dropped 11.75 percent. Sumner Redstone, the chairman of the company and controlling shareholder, is 91 years old and no clear succession is in place, so it’s hard to know exactly where the pressure will come from. But by any objective standard, Mr. Dauman is up against some brutal realities in an increasingly Darwinian cable world.
 
DEBORAH TURNESS, PRESIDENT OF NBC NEWS
Ms. Turness, a British television news executive, was hired in August 2013 to turn around a division where the “Today” show had fallen from the top of the morning heap and its lead in nightly news was being challenged. She hired Jamie Horowitz, an executive from ESPN, to overhaul the morning show with a great deal of fanfare, and he lasted all of 10 weeks. His firing, after reports of conflicts with talent and executives at the network, was a significant embarrassment for Ms. Turness. And the slow-motion, inelegant dismissal of David Gregory from “Meet the Press” kicked up additional negative chatter about her management approach. Network news is a tough racket to begin with, but Ms. Turness is coming off a big stumble. She will have to dust herself off, because 2015 will be no more kind.
 
MARK THOMPSON, CHIEF OF THE NEW YORK TIMES COMPANY
The question of how quality news outlets will make enough money to support robust newsroom staffs is not specific to Mr. Thompson, who was brought in as chief executive from the BBC two years ago, but it has deep implications at The Times.
 
Digital and print news providers face crushing pressure from so-called programmatic sales, which lowers the yield on advertising; the switch to mobile, which is harder to make money from; and the rise of platforms like Facebook, which compete for readers interested in keeping up with the news.
At The Times, more than half the revenue now comes from consumers, not advertisers, and fully half of the digital consumers arrive via mobile devices. But just 10 percent of digital advertising derives from mobile, a disconnect that will create big problems if it lingers.
 
Although The Times’s metered model opened up a new source of revenue — there are now 875,000 digital-only subscribers — new lower-cost online-subscription approaches like NYT Now have not taken off as hoped. Mr. Thompson has the full confidence of the company’s publisher, Arthur Sulzberger Jr., but declines in print advertising and circulation have created holes in revenue that a recent round of buyouts and layoffs can’t begin to fill. That very tough math will be squarely on Mr.Thompson’s desk in the coming year. 
JOSEPH RIPP, CHIEF EXECUTIVE OF TIME INC.
After being cut loose by Time Warner last year, the new publicly traded Time Inc. announced a flurry of digital initiatives and lots of restructuring. But since the spinoff, Time Inc. has lost senior executives, the flagship People brand continues to struggle and talk of acquisitions seems far-fetched. Mr. Ripp puts a brave face on it, pointing to increased digital ad sales, but it becomes more obvious with each passing day that Time Inc., once a symbol of New York publishing might, will probably not continue as a stand-alone magazine company. Look for Mr. Ripp to cut a deal with Meredith next year that will scan as a merger, but is really a sale.
AND THE REST
Photo
Jeff Zucker, the president of CNN, which has struggled.  Credit Rob Kim/Getty Images
There is a big list of people and companies that may not be on the hot seat in the calendar year, but who will still be rowing upstream. After some wins with “House of Cards” and “Orange Is the New Black,” Netflix stumbled with “Marco Polo,” an expansive, expensive series that fell flat. With Amazon and others increasingly in the picture, it will take lots of new programming and new hits to stay ahead of the crowd. ... Unless something world-changing is underway, live news is not working on CNN as it once did, and Jeff Zucker, the president of CNN, has yet to crack the code on programming that will help the network escape the tyranny of the news cycle. ... Marissa Mayer has many other problems at Yahoo, but her big foray into news and information looks like a bust. The high-level talent hired as part of the initiative seems to be in witness protection, and analysts are openly discussing a merger with AOL, another longtime behemoth with some identity issues. ... David Cohen, Comcast’s executive vice president and Beltway ambassador, put a great deal of shoulder and rhetoric in pushing through the merger with Time Warner Cable. But what looked like a fait accompli now seems much less so.
 
Keep in mind I could be wrong about a lot of this speculation, and if I am, my own chair may heat up a bit. In an increasingly fraught environment, no one in media-land can expect to live a life beyond consequence.

TabletTV Launches In San Francisco, National Rollout Scheduled In 2015


by , December 26, 2014, 2:16 PM   

TabletTV has beta launched in San Francisco, in partnership with the KOFY-TV station, owned by Granite Broadcasting. Bay Area tablet owners can receive 50 digital broadcast network and local channels.

Following the launch in San Francisco, which has a target audience of more than 7.4 million, TabletTV will roll out to major markets across the U.S. in 2015.

Granite sees Tablet TV as a tool to promote broadcast TV, without the need for a television set. "This puts the broadcasters back into the driver's seat," said Peter Markham, chairman and CEO of Granite Broadcasting, told SF Gate. "Now we're going to a one-to-one relationship with the viewer, which the broadcast industry has never had."

Priced at $89.95, TabletTV’s starter kit including a T-Pod unit and iOS-compatible TabletTV App, now available on the iTunes App Store. The Android compatible App is expected to be available in 2015. Viewers get direct free over-the-air TV transmissions to their tablet devices utilizing existing ATSC distribution. Broadcast channels include all terrestrial network and local channels available.
Video-on-Demand and Subscription-Video-on-Demand content is expected to become available next year, along with availability for smartphones and phablets.

Amazon is handling fulfillment services for the company.
TabletTV has also launched an integrated-marketing campaign cross-platform: TV, digital and social media. TV spots marketing TabletTV have started running on KOFY-TV and the local Bay Area MeTV affiliate.

Tablet TV is a 2-year-old joint venture between Granite, a New York company that operates stations in six markets, and Motive Television, a London tech company.

10 Local Digital Media Trends For 2015


TVNewsCheck


Predictions
 
    
NetNewsCheck,
    
Many local broadcasters have been feeding off newspapers’ pain for years now, but don’t be surprised if 2015 sees them falling from their lofty perch.

As we look ahead to next year, local television and radio are in the most precarious position they’ve been in for a long time, hampered by their slow and deeply unimaginative moves in digital. They will be challenged to do their own evolving, and that trend will be hastened by the growth of over the top and the growing clamor of users for more personal content.
 
That dynamic leads our predictions for another frighteningly volatile, but exciting year for local media.
1. Local TV news will feel newspapers’ pain. It’s not going to be the newspaper apocalypse all over again, but the inflection point has arrived in 2014, setting the stage for local broadcasters to understand the anguish of losing audience and advertisers. Certain spot ad categories are gone for good, and younger audiences just don’t give a damn about a shopworn, linear crawl through “breaking” news, weather and sports as appointment viewing.

2. Smart TV news will experiment with format, spurred by digital models. This may be far more hopeful than likely, but all we need is for one local broadcaster to break ranks and follow cues from the digital upstarts like VICE Media that are really reinventing the form. Can you imagine a future local news that ditches the anchor desk, the phony standups and tired, lacquered inauthenticity of local news reporting? If news execs really want to capture multiplatform audiences, they’d better start imagining that future themselves or else brace for their audiences to say goodbye.

3. Data will show a positive correlation between social media use and Nielsen ratings. Want to talk to an audience? You find them on social. Those broadcasters who use these platforms well will invariably find themselves evolving in tune with what their audiences really want and care about. Their programming will be more relevant, their engagement much stronger and their proposition to advertisers hugely more valuable. Look for more and better quantification of this in studies this year, and look for the execs who are shaking their heads in incredulity at this thought to lose their jobs shortly after.

4. An over the top television land grab is coming. This item isn’t just for broadcasters — newspapers and video-producing pureplays have just as much to gain from reaching on-demand audiences on OTT. Of course, the monetization is elusive, but users are massing there and so media companies will need to be there, too. An OTT initiative should go hand-in-hand with any ramp-up in digital video investment, and who isn’t doing that for 2015? Think it’s impossible? Just ask tiny Calkins Media how it put its community papers there already.

5. The stigmas around programmatic buying will fall away. Late 2014 already saw this dynamic happening. Newspapers have begun to see that with a smart strategy in place, they can actually make some real money through automated buying. There are already leaders to follow, starting with The Star-Tribune, and there are too many compelling arguments to be made for publishers to be dismissive.

6. Newspapers are still in for another very rough year. It’s not likely that any major papers are going to be turning out the lights in 2015, but their problems are not going away, either. The most enterprising papers developing new revenue lines aren’t yet likely to see dramatic ROI from their digital marketing services or content marketing/native advertising lines, even if they do see double-digit digital growth each quarter (still a likely occurrence). Of course, most executives and staffers in publishing already know to leave their seatbelts on — there’s a lot of turbulent air still ahead.

7. Radical publisher thinking will gain traction. There was no move so risky in publishing this year as the release of La Presse’s $36 million tablet app in Montreal. Publisher Guy Crevier not only made the app the centerpiece of the newsroom’s daily publishing endeavor (the daily paper is curated out of its interactive stories), but he ported the business model over to it as well. Now 53% of the paper’s ad revenue comes from the La Presse+ app, and it picked up its first white label software client last month with the Toronto Star. If this isn’t what the future’s newspaper looks like, it’s damned closer than anyone else has gotten. (Watch in January for our own Digital Deep Dive into La Presse’s tablet move.)

8. Beacons will open up a new flank on mobile monetization. There are already some 30,000 beacons set up in retailers across the U.S., honing in on opt-in consumer locations with the power to geo-customize alerts and offers. Many local media outlets have long crossed the tipping point of over 50% mobile traffic. Put these two dynamics together and it’s like chocolate and peanut butter, and some publishers will start to see that in 2015 as they make their first forays into beacon partnerships with retailers. The barriers to entry are far fewer than most realize, and barring a major privacy or regulatory backlash, the revenue potential is dramatic.

9. The media’s metrics priorities will shift toward attention and engagement. Forget chasing clicks. Chartbeat CEO Tony Haile has pointed the way to a brighter future for everyone via his company’s metrics for attention, the first ever to be accredited for such a measurement by the Media Rating Council. Haile’s idea — that it’s the amount of time a user spends with content, not the volume of those who click through and leave within seconds, that counts — may just be intuitive enough to gain momentum with advertisers. The Financial Times is already testing it. And, who knows, this system could actually reward good content instead of tawdry clickbait.

10. Wearables’ time has come. If the fever hasn’t yet overtaken consumers, just remember that Apple’s new smartwatch won’t be available until later this winter. When that product drops, watch for the wearables zeal to lift by orders of magnitude and see major media companies scramble to offer consumers something to put a stake in the space. Any media with health-related content — and who doesn’t have some of that? — ought to be looking now for their play, as the biometrics angle is the most obvious point of entry.

Most Second-Screeners Don't Follow TV, Ads

Marketers need be careful about advertising on second screens rather than keeping steady with more traditional media marketing. Philip Jay LeNoble, Ph.D.


mediapost

by , December 16, 2014

Most second-screen ad activity is still unrelated to primary TV program/advertising content.
 
Currently, just 11% of multiscreen users proactively use a digital device to follow up on a TV ad, according to Millward Brown, the advertising research agency.
 
Millward Brown says that overall, 35% of all screen time involves simultaneous usage of TV and a digital device.
The agency says 16-24 viewers spend 155 minutes per day accessing the Internet via their smartphones and only 101 minutes watching TV. For 35-45 years, the equivalent figures are 118 minutes for both smartphones and TV. In addition, it says 16- to-24-year-olds are more likely to be distracted or "stacking" while watching TV.
 
Still, Millward Brown says Twitter continues to make it easier for marketers to align their TV and social-media campaigns. The big social-media platform now has over 70 media partners for its Twitter Amplify effort, which allows for integration of TV and social-media content.
Millward Brown cites Magna Global when it comes to the growth of online video multiscreen advertising, which climbed to $11 billion globally from $8 billion. The research company said it saw a 25% rise in the average reach of online video campaigns — to 20% from 16%.

Wednesday, December 24, 2014

Happy Holidays! May the New Year Bring you Peace

Well...it's that time...Hanukkah and its wonderful Festival of Lights has ended with its last of  eight candles lit....and Santa is on his way to homes across the world to the delight of sleeping children.....
 
As you have read and expressed enjoyment from this blog all through 2014, as I update it each week...my hope is that it has saved you the time read the scores if industry media magazines. My job is to do that for you and extract what I have considered those most relevant news and stories in the advertising and media world today. I'd love to hear any comments and requests you may have so I may continue to provide what you want to read to stay abreast and current of what's happening in the world of media marketing, management and sales.
 
I wish each of you a healthy, happy, joyous and prosperous holiday season with good health and an inspirational New Year ahead. I will continue to aggregate the best stories of 2015 and hope you accomplish every goal you have set for yourselves for 2015 personally and professionally. May G-d bless each of you and your families and I send you each big hugs.....
                                                                                                               
Image result for beautiful downloadable holiday picture             Image result for beautiful downloadable holiday picture                                                                     

Peace!
Philip Jay LeNoble, Ph.D......

Programmatic TV's Busy Month Sets Stage For 2015 And Beyond



by , Yesterday, 10:43 AM 

The question always asked about “programmatic TV” -- other than whether it deserves to be called “programmatic” and should instead be called “data-driven” -- revolves around how much TV marketers are actually spending through automation. An AOL survey from earlier this year noted that 13% of advertisers and 7% of brands are currently using programmatic for TV advertising, though no sense of spend was revealed.

Geoff Coco, former head of partnership at Atlas (Facebook), and new director of product management at WideOrbit, acknowledged that the percentage of broadcast and cable media spend going through programmatic channels today is “difficult to estimate,” noting that “to date, we have seen mostly experimental spending, test budgets and the like -- probably less than 1% of overall spend on the medium.”

After partnering with TubeMogul to launch a programmatic marketplace for broadcast TV advertising along with several other supply-side platforms (SSPs), WideOrbit has beefed up its programmatic TV division with three hires.

Joining Coco at WideOrbit are Ian Ferreira, former chief architect of Microsoft AdExchange, who joins WideOrbit has SVP of programmatic TV; and Steve McCartney, former CTO of Visual SNA and SVP of engineering at SpecificMedia, who joins as managing director, Europe and SVP of digital and programmatic.

WideOrbit is not the only company making moves in the programmatic TV space, however. Chatter around programmatic TV has picked up in recent weeks, potentially setting 2015 up as a year in which material change is seen.

Havas Media partnered with a real-time TV ad buying platform in FuturesMedia, GroupM’s Modi partnered with Videology for programmatic TV, Magna Global and Cox formed a programmatic TV marketplace, ESPN announced it would sell “SportsCenter” ads via online auctions, TubeMogul launched its marketplace in conjunction with WideOrbit and others and several tech companies have hired execs to roles focused on programmatic TV -- all in the month of December.

We predict that 2015 will see core media budgets moving to programmatic methods,” said Coco. “Using the growth of digital programmatic as a predictor, we anticipate that programmatic methods will follow a familiar adoption S-curve, gaining by 2% or 3% in the first couple years, then accelerating at 5%-10% growth per year approaching a point where a large fraction of broadcast and cable spend [is] going through programmatic; conservatively, 30% of spend in 5-7 years.”
Coco’s estimate is in line with an estimate that research firm Strategy Analytics shared in May 2014, which was that programmatic would account for 20% of TV ad spend by 2018.

So while it’s true that programmatic TV is currently more talk than action, that’s projected to change in the coming years. And the fact so many are circling the waters -- including major buy-side players such as GroupM, Havas and IPG’s Magna Global -- certainly sets the stage and makes programmatic TV a space to watch.

"Television" image via Shutterstock.

WideOrbit Acquires Castfire


RADIOInk

WideOrbit Acquires Castfire

 

12-22-14Castfire is a video and audio publishing platform, and WideOrbit says the integration of Castfire with the Abacast Clarity platform -- which WideOrbit acquired in June -- will create the first digital on-demand content solution with the capability to dynamically target and insert advertisements based on parameters like device type, geography, dayparting, and others.

Wideorbit CEO Eric Mathewson says, "Interest in on-demand content is skyrocketing, especially for podcasts. Every programmer, both terrestrial and digital, benefits from having a simple way to reach a larger audience and drive more revenue from its content. By integrating Castfire with Clarity, audio and video broadcasters, streaming radio providers, and podcasters will have a comprehensive solution that no other platform can offer for driving revenue from both on-demand content and live streams."

Seems WideOrbit is making headway same is TV with content and ad insertions with the acquisition of Castfire...Philip Jay LeNoble, Ph.D   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Radio's Mr. Fabulous, Bill Burton, Dies at 85

 

It's a sad day for the radio industry: Radio's number one ambassador has passed away at the age of 85. Bill Burton, who died this weekend as a result of head injuries suffered from a fall at home on Tuesday, will be missed by too many people to count and by an entire industry that appreciated him as its number one cheerleader. Bill Burton was everybody's friend. He was always positive. He was radio's biggest advocate. He was fabulous.

Radio Ink Publisher Eric Rhoads said, "Bill embraced me as a friend and gave me constant encouragement over decades. He’s been a great mentor, he taught us all vital lessons like 'Never take no from someone who cann't say yes,' and he was always positive in spite of numerous back surgeries and pain. He is probably responsible for more auto billing to radio than anyone in history. He is a radio legend, and there is a big hole in my heart over his loss."
Bill Burton started his radio career at the then-independent rep firm Eastman Radio and was President/Chairman when Jacor bought Eastman in 1987. He's headed the Detroit Radio Automotive Group since 1995, and consistently traveled the country giving "Why Radio?" presentations to top decisionmakers in the advertising community. Burton estimatee that, during his 30-year-plus career, he contributed to about $300 million in radio sales.

PS When I was just starting out in radio many moons ago, Bill Burton showed me how important it is to be the star of the show when he walked in ...to bring in a bag of either doughnuts or pastries to the media buyers at agencies as he always did. He was a positive resource to me early in my career! I will always remember his high energy and constant smile! Philip Jay LeNoble, Ph.D.

Media Trends 2015: Precision TV, Everyday Memes, And Media With 'Pace And Purpose'

mediapost

Media Trends 2015: Precision TV, Everyday Memes, And Media With 'Pace And Purpose'

Amid the trend forecasts of the growing popularity of wearing onesies as a fashion statement, the increasing number of teetotaling Millennials, and fretting over three dot anxiety, executives from Starcom MediaVest (SMG) are predicting the emerging mobile, social, viewing and overall advertising trends that will shape 2015.
 
"Power brokers have gone around and talked about many of the technical issues for the past 15 years, but now, much of what I have been saying is finally happening," says Tracey Scheppach, EVP, Precision Video, SMG.
 
Last year, selfies at the Oscars and Super Bowl tweets provided brands with "lightning in the bottle" opportunities, but in 2015, the new social tentpole is the everyday. "It's going to be hard for one brand to 'own' conversations during these [major] events, " says Kevin Lange, SVP, social media at SMG, because there are more social platforms than ever before and increased competition for user attention from brands, publishers and individuals.
 
Instead, smaller brands should choose to focus their efforts on less competitive events with equal relevance to their audiences. While larger brands who have invested in real-time social media strategies may find economies of scale by extending that process across more events, in addition to Oscars and Super Bowl.
 
 
 
"Some brands may see more upside by playing a meaningful role in real-time conversation around the programming that matters to their audiences during the other 363 days per year," says Lange. "For example, through SMG and Twitter’s Social TV Lab, we found that increasing spend for a broadcast campaign by just 4.6% to include Twitter resulted in a 50% ROI increase."
 
Indeed, a new formula for success has emerged across all media: pace and purpose. "Marketers must move at the pace of people and lead with purpose that helps their brands thrive," says Lange. "Social media has revolutionized the pace at which brands’ audiences consume content. They expect it immediately in real-time. But they also demand relevancy."
 
There is a continued push for vendors and publishers to adapt to the real-time needs of advertisers. "Client’s marketing budgets and needs are no longer approved once a year," says Jackie Kulesza, VP, Media Director, Starcom. "Clients desire the ability to utilize data in real time – and increased flexibility is needed by clients to support their strategies across all channels."
 
At the same time, second-by-second set top data will give rise to precision TV. "Innovation is totally heating up TV," says Scheppach. "No longer are people talking about technologies not being widely deployed, but now we are talking about specific data and delivery."
Some 100 million set top boxes in 60 million households are providing stats on second-by-second viewing data, leading to significantly more accountable and precise TV plans and the data needed to combine all investment into a robust attribution model. "We need to better understand how consumers are seeing, interacting with and ultimately acting upon our content," says Kulesza. "We will continue to push our ability to utilize unique and relevant data sources throughout the entire planning and investment process."
 
As viewers continue to increase their ownership and viewership of Smart TVs and connected TV devices, this space will become a greater opportunity space for advertisers. "We have the measurement ability to bring greater granularity to video investment, we need to push for the most accountable metrics in all video investment," says Kulesza.
 
Still, this evolution brings some significant challenges. "As people with a digital background begin to focus on TV, they tend to apply the same logic they used in display to TV," says Scheppach. "Some of that logic is welcomed, some is not. "
 
Another issue for advertisers centers around exclusivity partnerships. Advertisers may be able to micro-target an ad to reach 40 million ESPN viewers, but they can only do so via DirectTV since it has an exclusive with ESPN. This scenario plays out across all cable operators who have locked up specific networks and content providers, collectively shrinking the available pool of opportunities. In the coming months, SMG says some providers, such as Cox and Charter, are attempting to build a fairer marketplace, and hopefully, technology will enable advertisers to have more options.
What's not going to happen any time soon is real-time bidding in traditional and broadcast channels. "It destroys the fundamental economics of TV and plays by different supply and demand forces," says Scheppach. "There's too much of a strong legacy with upfronts and how we buy ads that I don't think we will see changes anytime soon. The financial underwriting of making great shows is too strong."

Tuesday, December 16, 2014

Broadcast Nets Legacy Ad Spend -0.6% In '14

TVNewsCheck


MyersBizNet research

But digital ad spending with broadcast networks increased 22%, resulting in an overall increase of 1.3%, for a total $19.256 billion.

By
    

MyersBizNet today released its 20th annual advertising spending data for 19 media categories, estimating 4.1% growth in total ad spending for 2014, declining to 2.1% growth in 2015. The MyersBizNet data is unique among forecasters in its reporting of both legacy and digital ad spending with television, print, out-of-home and radio media.

Excluding digital media, MyersBizNet estimates advertising spend would have increased only 0.5% in 2014 with declines of 4% projected for 2015. Further exclusion of social/word-of-mouth and native advertising results in a 2014 downturn of 0.4% and a drop of 5.1% in 2015.   
Broadcast network television legacy ad spending is estimated to have declined 0.6% in 2014, while digital ad spending with broadcast networks increased 22%, resulting in an overall increase of 1.3%, for a total $19.256 billion. Other leading forecasters and analysts typically measure only legacy ad spending, resulting in a significant under-reporting of actual spending in each media category, according to MyersBizNet.

Cable television networks generated 3.3% increases in 2014, reflecting 2.6% growth in legacy spending and 20% gains in digital ad spend. Network cable growth is forecast by MyersBizNet to slow considerably in 2015, with overall ad spending increases of only 0.7%, including 30% gains in cable network digital ad spend and a decline in cable network legacy ad spend of 0.8%.

Both newspaper and consumer magazine advertising declined significantly in 2014 but MyersBizNet forecasts that declines will slow in 2015, with both media offsetting some declines with 15% and 24% growth, respectively, in digital ad spend. Legacy newspaper advertising is estimated to have declined 9% in 2014 with consumer magazines’ legacy ad spend declining 9.2%.

Overall newspaper ad spending shrunk by 5.1% and magazines by 6.2%. In 2015, total newspaper ad spend is projected to decline 3.2% and magazines by 2.7%. This slowdown in declines in a difficult year for advertising overall suggests that digital advertising growth, and especially digital video advertising, is growing at the expense of television.
 
According to the MyersBizNet report, radio advertising (legacy and digital) declined 2.1% in 2014 and is forecast to decline 1.8% in 2015.

Out-of-home/place-based advertising (excluding digital place-based video and cinema) grew 0.1% in 2014 and is forecast to increase 3.3% next year

Digital Marketing In 2015: Mobile, Data And RTB Hype


by , Yesterday, 3:01 PM 

As digital marketers plan and prepare for next year, here are some predictions on what to watch out for in 2015.
 
RTB Will Be the Preferred Buying Method For All Media
As we head into 2015, more and more media buying will become automated and instantaneous. Though it will take time, it’s more than likely we’ll see 100% of direct-response advertising bought in real time. This will also aid in the ability of systems to seamlessly communicate with each other, reducing the duplication of work and improving accountability, measurability and efficiency. Another interesting trend is that television advertising will also eventually be bought in real time to provide an increased presence to an even larger and more diverse audience.
 
In addition, Research and Market reports increasing demand for RTB-based direct-ad sales. Factors such as publisher control of inventory and flexibility in pricing for advertisers are expected to help direct-ad sales gain a larger share of the market. Opportunities for personalized advertising will continue to grow thanks to increased use and creation of apps, location-based advertising and dynamic creative optimization (DCO). DCO enables marketers to go from traditional advertising to real-time, relevant marketing that will transcend multiple devices and locations.
 
Mobile’s Seamless Ad Delivery and Increase in Adoption
While some marketers in industries such as CPG have shown progress in adopting mobile (the CPG vertical overtook entertainment and media as the number-one category in mobile RTB spend last quarter), other industries have been extremely slow to do so. Some credit the slowed adoption pace to the lack of cross-device attribution models. Without a proper attribution model in place, marketers obtain an inaccurate picture of how mobile contributes to the path to purchase. Historically, most conversions take place on desktops because consumers have a higher comfort level entering payment information on a bigger screen. In this case, last-touch attribution models would discount the role that mobile played prior to the conversion. Therefore, an entire channel and device might be missing out on getting the credit that they deserve. Simply put, the mobile portion of your campaign might look as though it is broken when in fact it is helps influence consumers.
 
As we move into 2015, marketers will need to shift away from using the last-click model and adapt click-to-engage metrics such as calls, use of a store locator and downloads. And while many companies have specific budgets for mobile advertising spend, they’re still not incorporating mobile into one cohesive strategy. Omni-channel strategies will be big in 2015 with unified, cross-screen marketing efforts creating seamless experiences and helping marketers evaluate consumer touch points as they move across screens.
 
Big Data Is Becoming Bigger
Companies are going to rely on massive numbers of analytics related to sales, purchase history, search activity, site interactions and more. Linking data together and leveraging a historical trail of data points will provide a better gauge of what customers are looking for and where they are headed.
First- and third-party data sources – part of big data – will help marketers pinpoint exactly when their customers are in the market for a product so that, instead of just knowing what the customers want after they click on an item, marketers will know before customers visit a website. Improving and optimizing retargeting strategies in real time will attract customers at multiple stages of the consumer funnel when it matters most.

Most Second-Screeners Don't Follow TV, Ads


by , 7 hours ago   

Most second-screen ad activity is still unrelated to primary TV program/advertising content.
 
Currently, just 11% of multiscreen users proactively use a digital device to follow up on a TV ad, according to Millward Brown, the advertising research agency.
 
Millward Brown says that overall, 35% of all screen time involves simultaneous usage of TV and a digital device.
 
The agency says 16-24 viewers spend 155 minutes per day accessing the Internet via their smartphones and only 101 minutes watching TV. For 35-45 years, the equivalent figures are 118 minutes for both smartphones and TV. In addition, it says 16- to-24-year-olds are more likely to be distracted or "stacking" while watching TV.
Still, Millward Brown says Twitter continues to make it easier for marketers to align their TV and social-media campaigns. The big social-media platform now has over 70 media partners for its Twitter Amplify effort, which allows for integration of TV and social-media content.
Millward Brown cites Magna Global when it comes to the growth of online video multiscreen advertising, which climbed to $11 billion globally from $8 billion. The research company said it saw a 25% rise in the average reach of online video campaigns — to 20% from 16%.

Aiding Purchase Decisions: PC 74%, Phone 40%, TV 36%


by , Yesterday, 12:05 PM 


Consumers continue to bounce around digital access devices as they shop this holiday season.
In yet another indication that consumers are researching many ways before making decisions about what to buy comes a study showing that shoppers are turning to multiple devices while they shop.
Consumers use multiple media types to gain information as they shop, according to an online survey of 2,000 U.S. adults, more than half of whom were smartphone owners, conducted by Harris Poll for IAB and Verizon
For making purchase decision, most (74%) turn to their computer, 40% to smartphone and 36% to their television.
Understandably, most (74%) have seen holiday ads on TV with fewer than a third (29%) seeing them on their phone.

Of those who do not purchase via smartphone, 46% do so by computer and 33% in stores, keeping in mind that this was an online-only survey.

Consumers plan to use their phones to shop for or purchase a variety of items, which is consistent with other studies. Here’s what they plan to buy:
  • 36% -- Clothing
  • 31% -- Dining out
  • 29% -- Music, videos and/or books
  • 29% -- Toys and games    
  • 29% -- Consumer electronics
  • 29% -- Groceries
  • 21% -- Tickets
The survey found that more than half (58%) of smartphone owners surveyed also own a tablet.
At this time next year, we are likely to see even more shopper interaction with multiple devices.
The Harris survey found that one in five smartphone owners plan to spend the week between Christmas and New Year’s learning about the new devices they received as gifts.
Many of those new devices likely will be used for more mobile commerce.

Tuesday, December 2, 2014

Top Trends Predicted For Digital Advertising In 2015

MediaDailyNews
Programmatic buying has increasingly taken center stage — and for good reason. Magna Global forecast that spend on programmatic advertising this year will increase 52% to $21 billion globally. This upward trend is affecting to brands of all industries and sizes, some of which are decreasing spend on traditional TV advertising in favor of a larger digital strategy. In fact, Forresterestimated that U.S. advertisers' spend on digital advertising will overtake TV in 2016.
With all this transition away from traditional advertising models, what does this mean for the digital advertising industry in 2015 and beyond?
1.     2015 Will Mark the Rise of the “Meta DSP.”
In September, Havas announced its new ‘Meta DSP’ model — the world’s first. This trend of working with multiple programmatic partners will become increasingly popular in 2015. Brands and agencies will realize they can’t single-source a programmatic partner. One provider will likely not have the ability to satisfy every campaign need.  
Each DSP has strengths for specific industries, verticals or audiences. One might specialize in QSR or travel, while another might be specialize in luxury brands. In 2015, advertisers will be more open to executing their strategy through multiple partners in order to capitalize on the skills of each.
2. 2015 Will Not Be The “Year Of Mobile.”
What might come at odds with the predictions of others, 2015 will not be the “year of mobile.” Brands and agencies are seeking effective strategies across all consumer devices—ones that can span across platforms including display, tablet, mobile, connected TV and more. Brands want holistic omni-device targeting, and mobile-only won’t move the needle.
A mobile-only approach lacks an effective means for tracking impression and conversion flow in the same way that desktop providers offer. While impressions may be easily gauged on mobile, conversion is much harder to track; many consumers still prefer to complete transactions on desktop or in-store. This disconnect is part of the reason that successful omni-device targeting is so important to gauging the success and ROI of integrated campaigns.
3.     Programmatic Native Will Become Practical.
Two things will be needed for programmatic native to take off: Publishers who develop native layouts, and advertiser platforms that adapt their creative assets to match those layouts.  
There are plenty of systems with the fundamental functionality for adapting creative assets to a layout. Dynamic ad servers have been doing this for years. For example, mobile ad servers adapt to screen size, and retargeting ad servers adapt by inserting components from a catalog.
For native to become practical, publishers will need to make their native layouts generally available. Some publishers have done this by working directly with the few advertiser platforms that are ready to use them. The results are tremendous from all points of view; publishers supporting programmatic native are reaping high CPMs. Additionally, advertisers are driving huge lift in engagement and response, and the early adopting platforms are collecting healthy margins. Programmatic native cannot help but attract more players on both sides, so we predict that the game will be on in 2015. 
4.     2015 Will Lead To The Demise Of Old School Ad Networks.
In 2015 publishers will finally understand that there is a greater opportunity for ROI working with a smart programmatic partner, rather than a traditional ad network.
Ad networks often sell at a lower eCPM to close high volume sales. Ad exchanges, in contrast, now contain premium inventory, and many brands are bidding to purchase impressions through these exchanges. As programmatic advances, inventory quality on open exchanges increasingly matches direct buy deals, and programmatic providers’ optimization techniques allow them to purchase the right placement, at the right time, at the lowest cost possible, thereby reaching the best consumers in the proper context.
If some of these trends sound familiar, that’s because several have been a focus in recent years. However, the math behind getting the data on individual users has evolved immensely and is influencing how brands and agencies view programmatic partners. Advertising technology companies will spend the next year honing the science and math behind their technology, in order to reach the place where ad tech derives the most impact—the ability to engage with consumers on a 1:1 scale.