Wednesday, June 29, 2016

Digital Impacting Station Sales Hiring, Tactics


Broadcast Industry News - Television , Cable, On-demand - TVNewsCheck.com 

Employment Special Report: Sales

Stations are finding that recruiting local sales talent at both the staff and management levels is more difficult because of competition from digital media. They can still compete for the best sales talent, the experts, say, but they can’t just sit back and wait for people to reply to a job posting. This is Part I of a three-part series on the challenges facing broadcasters in finding the right people for the rights jobs. Tomorrow, in Part II: It used to be a given that news managers would readily move it if meant a bigger market and a larger paycheck. Not anymore. And, In Part III, on Thursday, the military may become an even bigger source of talent for station IT and engineering departments.
     
    
Raycom Media recruiter Ty Carver has become a frequent user of Linkedin.
“Looking for a new #broadcast #media #sales management opportunity?” he posted recently on the career-focused social media site. “I have current openings within Raycom … including top 50 markets! PM [private message] me.”
 
“Are you a small market LSM looking to grow into a larger DMA?” he asked in another. “#Raycom has openings in #Cleveland, #Louisville, #Richmond and #Jackson. PM me.”
 
Why the Linkedin posts? Because Raycom, along with other station groups and individual stations are finding that recruiting and retaining local sales talent at both the staff and management levels to be tougher than ever.

“It’s a massive challenge,” says Henry Yates, Raycom VP of digital revenue, who oversees digital sales and staffing for the group’s 60-some stations.

“When I began in the industry, in radio sales, 22 years ago, the idea of a television AE [account executive], GSM [general sales manager] or LSM [local sales manager] was the pinnacle of sales in the [local] media world,” Yates says.
“You got into it on one of your local print pieces like a community newspaper, or, if you were lucky, on an AM radio station or third-tier FM,” he says. “And if you did that for a couple of years, you might get yourself to the UPN or the CW station and then in a few years, you might get the No. 5 list at the ABC, CBS or NBC [affiliate], and if you did, you never gave up that job.”
 
Nowadays, though, the digital revolution is disrupting the world of local media ad sales — competing with TV stations not only for dollars but also for talent. “Digital picks off a lot of good salespeople,” Yates says.

“There is high demand for talent," agrees media sales trainer and consultant Leslie Laredo, president of Davie, Fla.-based Academy of Digital Media.

“If you have a choice between working for WABC.com [or] WABC-TV, or getting a job with Google, you’re going to go to Google,” she says.

Laurie Kahn, CEO and founder of Scottsdale, Ariz.-based Media Staffing Network, a recruiting firm that works with all media including local TV, agrees that stations are no longer competing with just each other.

“All of a sudden, they’re competing with every single online entity, whether it be an online newspaper or online catering. It could be any kind of digital business," she says.
They “are facing problems just getting people to come and sell — traditional as well as digital,” she says.

And it's not like broadcast sales is getting any easier. In fact, it's getting tougher, the experts say, with many account executives required to sell all the media in a station's portfolio — broadcast and digital.
Sales managers have taken on additional responsibilities for staffing expanded sales departments and monitoring sales results on the ancillary platforms, they add.

Despite rival media and the increased complexity of station sales, Kahn says, TV stations can compete for the best sales talent, but they cannot just sit back and wait for people to reply to a job posting.

"That’s not going to get them," she says. "They have to be proactive and start targeting people and going after the people they want to hire. … They have to start treating recruitment like they treat the marketing of their stations.

“A lot of [stations] don’t have recruitment strategies. They’re not building a name for themselves locally. You have millennials coming into the workplace big time now. And they’re a totally different group and some of the things they’re very interested in is working for a company that gives back," Kahn adds.

Raycom is certainly not sitting back, Yates says. “Two years ago, we didn’t have a corporate recruiter. Today, we have three,” including  Carver, who joined the company from Scripps in 2014.
“And we’re working constantly on keeping the pipeline [of candidates] full."

Sunshine suggests that some stations may be struggling to keep their pipeline flowing because they put too much emphasis on broadcast experience.

“Too many people are still just hiring based on experience. And by doing that, we’re just trading each other’s people.  We’re not growing our business.

“I get the reason why: More and more, we have less financial patience with new hires, like we can’t wait for them to become good.

"We hire someone and we put them on a major league team from day one and, if they’re not ready to be superstars, we get frustrated 90 days in and we turn ’em [loose]. So therefore we go for experience."

Stations should make a greater effort to identify young prospects with raw ability and familiarity with the new media, Sunshine says. That, along with the proper training, will yield the effective multiplatform sales person.

“The millennials coming into the work force these days have an abundance of experience using the digital products that they sell," he says. "They don’t have to learn the digital product or the way a digital product is used by a consumer.

“What they lack though is the sophistication of being able to find needs and put together the right solutions [for clients] and they’re learning that."

Michael Guld of The Guld Resource Group,  Raleigh, NC and Dr. Philip Jay LeNoble of Executive Decision Systems, Inc., Littleton, CO are presently leading the training of new and mature sales teams with their System 21©, a new revenue development system for the broadcasting industry to include mobile digital as another viable revenue tool for the industry. "LeNoble says, "The job is becoming more complex and stations need to invest in the proper training to prepare their investment for a successful career in television or radio."
 
A key issue is, of course, compensation. “In a lot of smaller and mid-size markets, [the stations’] compensation model has not necessarily been competitive," Kahn says.
 
Some broadcasters have changed their compensation to keep up with the times, says Sunshine, but others have not and that "could be something holding them back."

Yates says that some TV sales people are seduced by the promises of big money from digital media, but find the "actual opportunity" may be far less than it appears.

"It’s going to take years for you to develop the kinds of relationships that you've built over years and years and years in broadcasting," he says. "The reality is that your chances of selling those kinds of dollars on an unproven source [are] nowhere near what you would on a television station.”
 
As a result, he says, “We see people coming back because it didn’t quite pan out as well as they [thought] it would.”

How Brands And Retailers Can Stand Out From (And With) The Crowd

MediaPost's Marketing CPG
 
 
 
 
By Panos Bethanis, Columnist Tuesday, June 28, 2016

Retailers must adapt and change in order to survive. Take Walmart. The company’s new initiative to enhance delivery options through a partnership with Uber and Lyft demonstrates its commitment to improving customer service and to staving off the unrelenting competition from Amazon. It’s also a sign that Walmart (which is not exactly known for thinking on its feet) understands that brick-and-mortar retailers need to embrace technology and innovation in order to adapt to the changing ways that today’s customers shop.

Uber, of course, is a poster child for one of the most controversial aspects of the Gig Economy: crowdsourcing. Retailers, in particular, are known to flinch at the mere mention of this term. Store managers often assume that crowd-sourced  or crowd-“vetted” representatives are less reliable than full-time staffers and that trusting these transient workers will lead to problems with quality control. Likewise, some CPG marketers worry about what will happen to their own futures if they entrust the “crowd” (i.e., consumers) with strategic decisions about their brands.

For the most part, marketers have been willing to experiment with crowd-vetted or open-sourced branding methods as a means of driving innovation. They recognize that allowing consumers to “own” a piece of the brand—say, by creating a new ice-cream flavor—is an authentic way to create buzz and excitement around a campaign without ceding control of an entire marketing operation.

Retailers, however, tend to focus too much on the potential pitfalls of crowd-vetting while ignoring the substantial benefits of this approach. When executing a merchandising strategy, for example, a retailer stands to gain in several ways if it possesses a stable of highly trained and well developed, crowd-vetted experts. Here are three of the most important of those benefits:

1. Going local. Crowd-vetted reps have their fingers on the pulse of the local community. They know what customers are looking for on the shelf, and they can help brands connect with their neighbors.

2. An emotional attachment. These reps are working in their neighborhood store—a place where they shop with their families—and not simply passing through on their way to the next account. Thus, they are naturally invested in the success of the store.

3. Expert data collection. They know the best times to grocery shop in order to avoid the crowds, and they recognize changes in displays and new promotions because they are in that store as a customer. This can help the agile retailer become even more flexible and adapt more quickly as product demands evolve and change.

All of these factors help build create a level of familiarity that improves relationships between store managers and brand teams—a key ingredient to success in today’s hyper-competitive store environment. These may be “temporary” reps, but their positive impact on business will be lasting and permanent.

What Makes A Bad Salesperson (Hint: See Below)?


 
Wednesday, June 29, 2016
By Cory Treffiletti, Featured Contributor
I have been an ad and marketing guy for a while now, and I’ve been sold by some of the best and some of the worst salespeople across the industry.  Many of the best I’ve maintained strong relationships with for many years, but the bad ones?  Eh… not so much.

What makes a bad salesperson?  It’s actually very easy to point out:
A bad salesperson sends me an email that starts with [name] in the first sentence and then proceeds to tell me how they did some research on my company and felt we should schedule some time to speak about how their service could be of value to me.  And by the way, that was not a typo -- I actually received an email last week that was sent to [name], which I can only assume was supposed to have said “Cory.”

A bad salesperson sends me an email that starts with the sentence, “I am following up on the voicemail I left you earlier today” -- when it is very clear he never left me a voicemail.  My work phone is a cell phone, so if you called and left me a voicemail, I can pretty much guarantee I would know about it.  You’re not fooling anyone with that line.

A bad salesperson sends me emails that begin with, “I was researching your company and I thought Oracle would be a great fit for our SaaS marketing platform – can we schedule a time to discuss?”  If you did a little homework, you would likely know that we sell some of the bigger marketing platforms in the industry -- just ask Forrester and Gartner, etc.  A bad salesperson doesn’t do his homework and is simply trying to use email as a means to scatter shoot across the landscape.

As a matter of fact, a bad salesperson will keep sending me email every three days that copies and pastes the previous email with a note saying, “I just wanted to get this back to the top of your inbox” (because that is definitely going to work).

In reality, a bad salesperson will simply keep sending emails without making a call or trying to network to me through a mutual connection.  A bad salesperson will not go the extra mile to find out something about me before reaching out.

A bad salesperson calls me every day at the same time of day, for two weeks straight, even though I have yet to answer the phone when he calls.  I would say it’s safe to assume I am not always busy at that time -- I simply don’t want to speak to him.

A good salesperson will take the time to do some homework.  A good salesperson will try to find a mutual connection or a shared interest that warrants a response.  A good salesperson will ask questions about my business and my goals or objectives before assuming what he’s selling is going to be of immediate interest to me.  A good salesperson is going to leverage some data to understand my interests and behaviors before reaching out, and gather that data through discovery or technology.

A good salesperson is going to engage me as a person first and a potential customer second in order to build a rapport that will hopefully lead to some business.  A good salesperson will treat me as a client and not a goal in his call quota.  A good salesperson knows this is still a business built on a foundation of relationships.

Don’t be a bad salesperson.  Be a good one.  Please.

Researcher Finds Programmatic TV Spending Will More Than Double This Year


 

by , Staff Writer @tobielkin, 10 hours ago                                            
                                                   
Spending on programmatic TV is expected to more than double to $2.16 billion in 2017 and continue increasing to $4.4 billion by 2018, according to a new forecast by eMarketer.

Programmatic spending on TV ads will represent a small but growing sharing of overall TV ad spending, according to the researcher. In its first forecast on the topic, eMarketer projects that programmatic TV (PTV) spending will increase 127.8% to $710 million this year.  While programmatic will represent a small share of overall TV spending this year, just 1.0% of the total, that figure is expected to rise to 6.0% by 2018.

Of course programmatic ad spending on TV lags well behind outlays on digital video. This year, programmatic spending on digital video ads is expected to reach $5.51 billion, representing 56% of all digital video ad spending, according to eMarketer.

The researcher defines programmatic TV spend as the automated process for buying television ads through cable, satellite, or broadcast networks.

“There are several things driving the growth of programmatic TV, including ease of transactions and the ability to target ads,” stated eMarketer senior forecasting analyst Martín Utreras. “We expect national and local players to take a conservative approach at releasing inventories programmatically, amid fears they could cannibalize their inventory. At the same time, they’re working to become more adept at leveraging data for both ROI measurement and targeting.”

The market for addressable and programmatic TV remains challenging to quantify because it’s still new.

One ongoing challenge in distinguishing between addressable and PTV is that buyers and media companies each classify their buys differently. Often programmatic video and PTV teams are the same. While some agency buyers consider over-the-top buys within their traditional or linear TV conversations, some have dedicated advanced TV units. It might be a question of semantics but it's confusing, nonetheless.

Meanwhile, eMarketer plans to continue breaking out addressable TV ad spend separately from programmatic -- the two don’t currently overlap. Streaming video (or digital video, as eMarketer defines it) is a separate category as well.

Contrast eMarketer’s new forecast for PTV against one from IPG Mediabrands Magna Global. That forecast was issued in June 2015 and projected that $10 billion in TV ad budgets will run through programmatic platforms by 2019. Magna Global expects programmatic to represent 17% -- $10 billion -- of TV budgets by 2019, up from 4% and $2.5 billion of U.S. TV budgets in 2015. Magna defined programmatic TV buys as those going across a technology platform, including digital devices, set-top boxes and other platforms.

Frank Foster, a consultant who most recently served as SVP, general manager for TiVo Research and Analytics, offered some thoughts on PTV in an interview with Audience Buying Insider. Foster maintained that ensuring high quality inventory and data, transparency, operational efficiencies, and decent metrics will be keys to the growth of PTV spend

Large Markets Generate 53% Of Radio Revenue+Prediction: Digital Revenue To Hit $258 Billion





Radio Ink - Radio\'s Premier Management & Marketing Magazine

 

 
According to the new BIA State of the Industry report, stations in the largest markets account for a disproportionate share of overall industry revenues. Radio stations in the top 50 ranked markets constitute 19.1 percent of commercial radio stations in the U.S. but generated 52.8 percent of all over-the-air advertising revenues in 2015. See the chart below for more details.
Market Size Revenue
Overall, radio Is 5th largest category for advertisers. According to BIA/Kelsey, Radio gets 10.5 percent of all advertising dollars with direct mail dominating at 25.2 percent. TV is second with 14.9 percent and newspapers, which continue to lose share, remains in third with 11.9 percent of all ad revenue.
radio revenue

MediaPost has the details from a new Juniper Research study that says digital advertising revenue will double to $285 Billion by 2020. The study also says ad blocking is expected to cost publishers $27 billion in lost revenues in the next five years. The study also predicts mobile advertising is expected to grow by 64.2% through 2020.

If you're not on it...GET On IT!!!

Friday, June 24, 2016

Advertising Forecast Update - June 2016 -- Pivotal Research



 

By contrast, our model, which is driven by growth rates in Industrial Production and Personal Consumption Expenditures suggests that the underlying growth rate in 2016 should be closer to flat. This gap is significant, and indicates that there is some element of non-sustainable spending occurring at the present time. We note that there is some risk that difficult comparables (especially in the fourth quarter) could yet bring growth back down towards the +3% range by the time the year is completed.

Current growth rates are contrasted with ongoing cost containment efforts from many large brands, whose marketing activities typically involve expansive initiatives to drive efficiencies in their advertising spending, often leading to reductions in expenditures for those individual advertisers. Interestingly, our analysis of the largest marketers who provide advertising-related spending data in securities filings shows rising allocations to advertising-related spending as a percentage of revenues. This increase is generally offset by tepid revenue growth rates. Given that trend, a more significant driver of growth in industry-wide advertising spending appears to be the emergence of new brands. This illustrates the creative destruction that we have long noted as the underlying source of long-term growth for the industry. New advertisers include many in the pharmaceutical category, app developers and large technology companies such as Google, Apple and Amazon, who each have new consumer products requiring significant marketing support.

By medium, we note that internet-related advertising remains the fastest growing medium. While there is some double-counting in spending volumes captured by the widely relied-upon IAB data as (some revenues included there could alternately be attributed to other media), the pure-play media owners in the space are clearly pushing fast ahead, led by Facebook and Google. Interestingly, using an IAB-based definition of digital advertising (which implicitly includes some TV-based advertising, such as Hulu and the TV networks' streaming-related revenues), internet advertising should exceed total TV advertising for the first time this quarter. We estimate total internet-related advertising will capture $17.0bn of spending during 2Q16, while TV will capture $16.4bn.

The growth of digital media seems likely to continue without much restraint for the foreseeable future, despite concerns around ad quality (especially viewability), fraud, ad-blocking and agency fee transparency. Newer platforms such as SnapChat and Facebook's Instagram help justify ongoing expansion of advertiser investments into the space. However, TV isn't going away any time soon given its unique capabilities. Nothing else comes close in providing large brands with awareness of brand attributes through the (still) unparalleled potential reach and frequency of its ad units. We continue to expect low single digit growth for that medium over extended time horizons. Forecasts for other media are not meaningfully changed, with radio trending slightly down, outdoor trending slightly up and print continuing to fall rapidly over time.

One other aspect of our forecast that we have refined relates to political advertising, which grows independently of the economy. With around $3bn in spending during 2012 on local television advertising from races for the Presidency, Congress and Governors' offices (and hundreds of millions more with other media owners), the sector was always going to be important to monitor in 2016, especially considering the growing volumes of money raised to support political campaigns with every passing cycle. Overall, Presidential campaign spending has trended substantially higher so far in 2016 vs. the same period in 2012, with less growth for other kinds of political races. While there are many wild cards involved in predicting full year growth rates, we now assume growth of around +21% in local broadcast political spending vs. 2012, or a +40% growth rate vs. 2014 levels. Other media, including digital and radio will also likely benefit more than usual from this year's political activity.

Programmatic TV: Growth Drivers And Potential Threats

MediaPost's
Audience Buying Insider

by Karlene Lukovitz, Staff Writer, Friday, June 24, 2016
 
 
 
 
What are the key factors driving the speed and extent of adoption of programmatic television? What factors could impede adoption?
Frank Foster, a consultant who most recently served as SVP, general manager for TiVo Research and Analytics, offered some thoughts in an interview with Audience Buying Insider.

The meaning or definition of “programmatic” television can vary depending on the user and the context. How do you define it? And what are the primary attractions from the buy side?Yes, programmatic tends to mean different things to different organizations. Basically, programmatic is a secondary marketplace, which typically allows buyers to target audiences rather than context.

A buyer may target adults 25 to 54 who are in the market for insurance, as opposed to buying a spot in a nationally televised college football game.

Additionally, programmatic allows media sellers to present inventory in a different way — highlighting the fact that an early or late fringe block of programming reaches older adults in the market for reverse mortgages, for instance. And it gives agencies and advertisers more options for evaluating opportunities for targeting audiences.

Programmatic leverages technology and automation to streamline the process of pulling together enhanced audience data, identifying inventory and tying the two together.
To succeed and grow, programmatic platforms must simplify the planning, buying and posting process to be more in line with traditional buys. If programmatic platforms required 10 times the work to reach the same audience as a traditional sales channel, agencies would resist using them.

Programmatic also promises the ability to reach the same audience that views, for example, a prime-time drama, through other networks in other dayparts, at an economical price. If the advertiser places less importance on context and time of day, the cost savings offered through programmatic may be intriguing.

What are the benefits for media sellersFrom the sell side, programmatic platforms can provide a way to sell lower-demand inventory without sacrificing price and jeopardizing a network’s premium content perception within the primary marketplace.

That’s because media buyers using the platforms are buying based on audience targeting, not context — they usually don’t know which programs or networks their spots ran on until after the fact. So programmatic platforms offer sellers the ability to present inventory in a way that offers both obfuscation and minimal channel conflict in their primary marketplace.

In addition, inventory that can’t command strong pricing in the context-driven primary market can sometimes actually command more in the data-driven programmatic environment. Hypothetically, for instance, old television shows running in late-night might start to look pretty attractive to buyers if they’re delivering significant viewership among the hard-to-reach 18-to-24 audience.

Can the programmatic approach work for all advertisers?
Unlike digital platforms, television is struggling with evaluating performance beyond the traditional Nielsen ratings. Performance-based metrics are still uncommon, although a few players are offering them.

That’s one reason that some advertisers don’t necessarily see the value in the programmatic approach for television. Also, for some brands or marketers, daypart or program content factors can trump more granular audience targeting in terms of the efficiency of influencing — not just reaching — their core audiences.

Suppose a retailer with a target market of women 25 to 54 has research indicating that their decisions about where and when to shop during a given day are made before 9 a.m. In that case, a targeted impression delivered during “Good Morning America” or “The Today Show” is much more valuable than an impression delivered to the same target during “The Daily Show.”
So what are the keys to accelerating broad adoption of programmatic television buying? Are there factors that could slow the momentum, or even make programmatic peter out over time?

Quality inventory, quality data, transparency, operational efficiency and metrics — the same variables that drove adoption of digital programmatic platforms — will drive adoption in television. 

If even one of these factors is missing or inadequate, it will undermine programmatic TV’s growth, perhaps seriously.

There is a balancing act. Buyers will obviously require sufficient transparency and value. But if sellers feel that transparency reaches the point where buyers have too much advantage, they won’t make their inventory available.

Bottom line, it’s got to work for both buyers and sellers. 

Millennials' Relationship To Brands: Earn My Loyalty


 


by , 6 hours ago

Although there is much analysis to support Millennials' sense of brand skepticism, a new study says these key young consumers can be more favorable under certain conditions.
 
A comScore/YouTube study says “Millennials exhibit a more favorable response to brands that earn their loyalty and are relevant.”
 
In this light, the comScore/YouTube research shows that 62% of those 18-34 “take action after viewing an ad” and 47% say they pay more attention when viewing personalized ads.”
 
Older consumers are shown to have lower results -- 51% of those 35 and older take action after viewing an ad; with 35% paying attention when viewing personalized ads.
 
The study noted that Millennials have a slightly higher preference to watching TV series on YouTube versus older viewers: 12% have a preference to watching YouTube for current TV season shows, and 13% when it comes to watching previous TV season shows.
 
Viewers 35 years and older have a 4% preference for YouTube when it comes to current TV season shows and 9% for previous season shows.
 
Millennials continue to have a high preference for binge-watching -- 37% say they do some binge watching on a daily basis versus 14% for those 35% and older. On a weekly basis older consumers are more opt to binge watch like Millennials -- 23% of those 35 and older say they do this versus 28% of Millennials.
 
The survey is based data from 2,940 respondents.

Programmatic TV: Growth Drivers And Potential Threats

MediaPost's
Audience Buying Insider

by Karlene Lukovitz, Staff Writer, Friday, June 24, 2016
 
 
 
What are the key factors driving the speed and extent of adoption of programmatic television? What factors could impede adoption?
Frank Foster, a consultant who most recently served as SVP, general manager for TiVo Research and Analytics, offered some thoughts in an interview with Audience Buying Insider.

The meaning or definition of “programmatic” television can vary depending on the user and the context. How do you define it? And what are the primary attractions from the buy side?Yes, programmatic tends to mean different things to different organizations. Basically, programmatic is a secondary marketplace, which typically allows buyers to target audiences rather than context.

A buyer may target adults 25 to 54 who are in the market for insurance, as opposed to buying a spot in a nationally televised college football game.

Additionally, programmatic allows media sellers to present inventory in a different way — highlighting the fact that an early or late fringe block of programming reaches older adults in the market for reverse mortgages, for instance. And it gives agencies and advertisers more options for evaluating opportunities for targeting audiences.

Programmatic leverages technology and automation to streamline the process of pulling together enhanced audience data, identifying inventory and tying the two together.
To succeed and grow, programmatic platforms must simplify the planning, buying and posting process to be more in line with traditional buys. If programmatic platforms required 10 times the work to reach the same audience as a traditional sales channel, agencies would resist using them.

Programmatic also promises the ability to reach the same audience that views, for example, a prime-time drama, through other networks in other dayparts, at an economical price. If the advertiser places less importance on context and time of day, the cost savings offered through programmatic may be intriguing.

What are the benefits for media sellersFrom the sell side, programmatic platforms can provide a way to sell lower-demand inventory without sacrificing price and jeopardizing a network’s premium content perception within the primary marketplace.

That’s because media buyers using the platforms are buying based on audience targeting, not context — they usually don’t know which programs or networks their spots ran on until after the fact. So programmatic platforms offer sellers the ability to present inventory in a way that offers both obfuscation and minimal channel conflict in their primary marketplace.

In addition, inventory that can’t command strong pricing in the context-driven primary market can sometimes actually command more in the data-driven programmatic environment. Hypothetically, for instance, old television shows running in late-night might start to look pretty attractive to buyers if they’re delivering significant viewership among the hard-to-reach 18-to-24 audience.

Can the programmatic approach work for all advertisers?
Unlike digital platforms, television is struggling with evaluating performance beyond the traditional Nielsen ratings. Performance-based metrics are still uncommon, although a few players are offering them.

That’s one reason that some advertisers don’t necessarily see the value in the programmatic approach for television. Also, for some brands or marketers, daypart or program content factors can trump more granular audience targeting in terms of the efficiency of influencing — not just reaching — their core audiences.

Suppose a retailer with a target market of women 25 to 54 has research indicating that their decisions about where and when to shop during a given day are made before 9 a.m. In that case, a targeted impression delivered during “Good Morning America” or “The Today Show” is much more valuable than an impression delivered to the same target during “The Daily Show.”
So what are the keys to accelerating broad adoption of programmatic television buying? Are there factors that could slow the momentum, or even make programmatic peter out over time?

Quality inventory, quality data, transparency, operational efficiency and metrics — the same variables that drove adoption of digital programmatic platforms — will drive adoption in television. 

If even one of these factors is missing or inadequate, it will undermine programmatic TV’s growth, perhaps seriously.

There is a balancing act. Buyers will obviously require sufficient transparency and value. But if sellers feel that transparency reaches the point where buyers have too much advantage, they won’t make their inventory available.

Bottom line, it’s got to work for both buyers and sellers. 

Holding Company Stocks Fall With The Rest Of The Market+Industry Reacts To Brexit Win; Media Stocks Crash; Execs Plan For Uncertainty


 


by @mp_mcclellan, 6 hours ago                                            

The stock market tanked on Friday in reaction to the UK decision to leave the European Union.
The Dow Junes Industrial Average fell more than 600 points (over 3%), with the major ad holding companies all down. UK-based WPP American Depository Receipts on the NASDAQ exchange were down 10%. Dentsu fell 12% on the Tokyo Exchange. Omnicom, Publicis, Interpublic and MDC were all down in the 5% range. Media company stocks were down as well.

The vote to leave triggered much discussion at the Cannes Lions about the implications for ad industry, particularly how the UK ad business might be impacted.

At deadline, some of the holding companies were still in the process of formulating responses.
But WPP CEO Martin Sorrel issued this statement:
“Very disappointed, but the electorate has spoken. The resulting uncertainty, which will be considerable, will obviously slow decision-making and deter activity. This is not good news, to say the least. The PM’s resignation clearly adds to the uncertainty. However, we must deploy that stiff upper lip and make the best of it. Four of WPP’s top ten markets are in Western Continental Europe and we must build our presence there even further. It just underlines the importance of implementing our strategy: fast-growth markets (BRICs and Next 11), digital, data - and horizontality, which ironically means getting our people to work together, not apart!”

Omnicom Group issued this statement:
“The result of the vote has certainly led to volatility in the financial markets and political turmoil. Our focus during this initial period of uncertainty will be on working closely with our agencies in the UK and Europe as they help our clients to navigate the changes in the marketplace. Over the course of time, we expect these uncertainties to be resolved and our agencies, clients and consumers will adapt as markets normalize.”

Jerry Buhlmann, CEO, Dentsu Aegis Network said:
“Today’s referendum was a surprise result for our business and the industry. There is likely to be a short period of economic uncertainty in the UK and these economic adjustments are supported by a resilient UK financial system. What is important now is we focus on building political and economic stability. This should be driven by strong leadership who are united in negotiating positive trade agreements, strengthening relationships with key international bodies and bringing the country together.
As a global business we have a strong UK operation and whilst it is significantly important to us it only represents 6% of our global revenue. We expect our business to prosper both in the UK and globally irrespective of this result.”
Additionally................
 
Deadline Dateline Hollywood

3:18pm

Stocks for most media companies — especially those with extensive global operations — are reeling this morning following Britain’s surprising vote to leave the European Union.

Among Big Media, Discovery was hardest hit immediately after markets opened with shares off 5.3%. It was followed by Sony (-4.4%), Fox (-4.1%), CBS (-3.6%), Viacom (-3.3%), Time Warner (-2.9%), Disney (-2.7%), and Comcast (-1.9%)

Others battered include Altice (-9.6%), National CineMedia (-6.0%), and News Corp (-4.7%).

The Dow Jones U.S. Media Index is off 2.9%, ahead of the Dow Jones Industrial Average and Standard and Poor’s 500, both down 2.5%.

Virtually every company in the sector opened down on fears that the decision could further weaken currencies vs the U.S. dollar, and depress spending. Last year the value of the Euro dropped 16%, while the British Pound fell 7%, vs the U.S. dollar. That contributed to reductions in earnings guidance at Discovery, Fox, and Time Warner.

Discovery is especially vulnerable to a downturn in the British pound and the Euro following its acquisitions of Eurosport, SBS Nordic, and All3Media. About half of Discovery’s revenues come from overseas.

The vote “would potentially be a reason for bears/shorts to become incrementally negative especially as currency was a major headwind to reported Adj. EPS growth in 2015,” RBC Capital Markets’ Steven Cahall says.

But the company has hedged all of its Pound exposures, and 80% of its Euro exposures for 2016 — and much of 2017.

The company says it “respects the decision of the UK people in this historic vote to leave the European Union” and will “work closely with UK and EU leaders to successfully navigate this change and find new opportunities to shape our future.” Meanwhile, its hedges “will significantly minimize” any hit to Discovery’s financial performance “in the short-term and medium-term.”

Among other companies, Cahall says that a 10% drop in the value of the Pound could cut 1% from Fox’s pre-tax income — mostly by hitting the value of its 39% stake in Sky.

Others should only be nicked by such a currency change, Cahall says. Time Warner, which collects about 16% of its revenue from Europe, would only see a “modest impact.” Same with Viacom, which depends on Europe for about 17% of sales, especially from the UK’s Channel 5. Disney has “relatively limited exposure” with Europe accounting for about 12% of sales for the company’s cable networks, movies, and Euro Disney.

And CBS collects about 2% of its revenues from the U.K. and 5% from the rest of Europe.

A British exit from the European Union could cut U.K. ad spending by about 70 million Pounds a year, ad firm Zenith estimated ahead of the vote. It added, though, that the effects would not be felt for months with firms it surveyed saying that they would not make immediate changes.

Even so, an exit would have a long term cost and “threaten to make cross-border accounts in Europe more costly and cumbersome to operate,” Zenith Head of Forecasting Jonathan Barnard said.

Others like movie producer Harvey Weinsten said, Harvey Weinstein was in Cannes today for the Cannes Lions Creativity Festival. The exec who has business dealings in the UK told me that he was “shocked” over Britain’s vote to leave the EU and predicted “discrimination” against some productions going forward. His War And Peace miniseries, made with the BBC, qualified as European and thus was able to meet Europe’s quota requirements. “It could be very costly in the movie and TV industry in terms of content branding,” he said.

Further, Weinstein added, “This is not about economics, this is about immigration. They don’t want Muslims in the country. These guys who voted, voted out of fear. It’s a huge mistake.”

“I’m shocked and the thing that surprised me the most is a great Prime Minister like David Cameron resigning. From his point of view — history is important to these guys in a big way — he didn’t want to preside over a disaster and wanted to save his reputation as a great Prime Minister. He’ll be proven right. This is not about economics, this is about immigration. They don’t want Muslims in the country. These guys who voted, voted out of fear. It’s a huge mistake.

“I think there will be discrimination now against some of the product and what it means to be European product. A lot of TV stations in Europe are under quotas. When you do War And Peace, that was accepted as European. It could be very costly in the movie and TV industry in terms of content branding. European branding is very important. It’s a big deal for these young British filmmakers.
“I’m hoping in 60 days the country wakes up and says ‘Can we have a do-over?’ You know, watching the stock market and Cameron coming back and saying, ‘These are the things that are happening; it will get worse. Let’s do it again.’”

 

 

 

Thursday, June 23, 2016

Hot right now: Spanish-language television



 Hispanic media
Ad spending rises by 18 percent in May on the top five networks
June 21, 2016

   

spanish Alcoholic beverage companies upped spending on Spanish-language TV sharply in May.

By the editors of Media Life

The English-language broadcast upfront is off to a promising start, with most of the networks seeing double-digit percentage gains in CPMs so far.

Things could be even rosier for the Spanish-language networks.

The top five networks had a strong May coming off a good first quarter, and ad spending gains have been outpacing those for the top five English-language networks throughout that period, according to the latest ad spending data from Standard Media Index, which tracks ad spending on the part of 70 percent of U.S. agencies.

During May, spending on Univision, Telemundo, UniMas, Galavision and ESPN Deportes was up 18 percent over the same month last year, compared to a 3 percent decline for the English-language top five of ABC, CBS, Fox, NBC and ESPN.

“We have seen the leading Hispanic broadcasters deliver solid ratings performance in the past several months and this is definitely helping with ad sales results,” James Fennessy, chief executive officer at SMI, tells Media Life.

May’s Spanish-language spending was driven partly by big upticks in spending in three major categories: alcoholic beverages, up 64 percent over last year; fast food restaurants, up 39 percent; and telecommunications, up 37 percent.

“The Hispanic networks seem to be hanging onto audiences nicely and have been working hard to convince agencies and marketers that they have an increasingly affluent and loyal audience and should be getting an increased share of brand advertising,” Fennessy says.

UniMas is having an even better June, airing the highly rated Copa America Centenario, which has drawn record ratings and is attracting big ad dollars.

First-quarter spending was also strong for the five biggest Spanish-language networks, up 8 percent over last year, compared to a 5 percent gain for the English-language networks.

Still, most buyers prioritize securing their clients’ time on the Big Five. The Spanish-language upfront usually doesn’t break until the English-language is mostly done.

When it does, it will be interesting to see if there’s still strong interest from those categories and whether Telemundo benefits from its recent ratings surge ahead of rival Univision in the 10 p.m. hour.

Spending Tide is Turning Back to TV


  

 

      The Tide is Turning.................
I had categorized the top 100 into 5 types:
A – Had lowered TV to fuel Digital, now putting back some from Digital into TV
B – Continuing to lower TV via shifts to Digital
C – Increasing TV and Digital
D – Digital down, TV up
E – Decreasing TV and Digital
Looking at the 39 of the 100 advertisers who had been lowering TV to shift monies into Digital, 15 (type A) of them were already shifting some dollars back into TV by Q1 2016. The categories coming back strongest to TV are automotive, financial, technology, telecom, and travel. QSR stayed unchanged over the 9 Quarters at 79% TV. Categories where the original siphoning TV for Digital is generally continuing are consumer electronics, CPG, entertainment, fashion, retail, and prescription drugs. Of course, there are advertiser-by-advertiser differences within product categories.
For example, within CPG, not a category that has as a whole showed a move back to TV, three CPG advertisers did show the A pattern of return to TV. All three showed sales lifts during the period after the putbacks started, averaging +4.8% sales lift. The incremental sales were on average $4.68 for every incremental $1.00 TV dollar.

Some advertisers had begun to individually notice ROI declines which caused their movement back into TV, according to anecdotal evidence. Then when ARF in March 2016 came out with its first Ground Truth results, indicating that the optimal mix of TV and Digital was 78% TV, this may also have influenced other advertisers to turn back, since as of Q1 2016 SMI data show that the average such mix among the top 100 is only 64% TV, 14 points shy of the optimal point.

Looking at the results for all CPG advertisers in the top 100 spenders, types A, C and D which all involve TV increases, showed sales increases of +4.8%, +4.0%, and +7.9% respectively. Types B and E where TV is decreasing showed sales increases of +4.7% and +1.1% respectively. All advertisers in types A and D (where TV is going up and Digital down) showed sales increases, whereas the sales patterns within the other types were mixed, some up, some down.

Looking at Non-CPG, all 4 in type A (TV returners) increased sales, averaging +8.8%. By contrast, those continuing to deplete TV in favor of Digital went down in sales averaging -3.1%.

As previously reported, we ranked the 29 advertisers for which we had sales data by their sales increase, finding a dozen substantially higher than the others, averaging +14.6% in sales growth. At first we tried to explain this based on the types of Digital they are using, but other than being ahead of the others in the use of pure play Digital video and lower than in the others in the use of search, the differences were extremely minor and not likely to drive major sales differences. Then we looked at TV and it jumped out us that these 12 fastest sales growers had increased TV spend by an average of +25.8%.

TV Offers Scale For Mobile Apps To Expand Audience


 

by @mp_benfred, June 20, 2016, 5:10 PM
As more mobile apps seek to stand out from the crowd, the ones that can afford it are turning to TV ads. They have driven spending in the category to $1 billion.

There is a 77% correlation between TV ads and traffic for the 60 mobile apps measured in a new TV-traffic correlation study issued by the Video Advertising Bureau, commissioned from What’s App’ning.

The mobile app space is increasingly saturated, but those apps that stand out at the top—especially gaming apps—are bringing in more than $1 million a day in revenue.

Some 80% of users spend most of their time with just three apps in a given month, making it hard for new apps to break into user’s pockets. About 48% of users happen to be millennials as well.
Currently, apps spend on TV ads across all of the Nielsen measured networks.

TV offers real scale for mobile apps looking to expand their audiences and stay ahead of their competition. Several apps generated press coverage by buying spots in the Super Bowl last year. Some also bought spots during this year’s NBA finals.

For those apps that showed a definite correlation between ads and unique visitors, visitors increase by about 25% (depending on the app category) when TV ads are present, and decrease by about 20% when they aren’t.

The correlation is even stronger for the games category.

How Auto Dealers Are Using Digital Advertising

For most radio clusters, automotive is a top ad category. But the past few years have seen auto dealers moving money out of radio and into digital advertising options. Here’s an overview of the top digital advertising products automotive dealers are using, so you can have a better understanding of how they work — and how to find ways to integrate them into your radio ad mix.
First, there are automotive-buyer ad networks that target automotive websites with either display or video ads. Dealers use these to stay top-of-mind as people are beginning to think about a car purchase, while the consumer is still at the top of the “sales funnel” process.

Keyword and contextual targeting work by targeting people as they are searching keywords related to specific types of vehicles or reading articles that contain those keywords. They are used to reach people who have begun to research information about vehicles.

Behavioral targeting reaches people who have already shown an interest and are known to be in the market for a new vehicle. These are folks that are further down the sales funnel and starting to make choices.

Household IP targeting is one-to-one advertising, where a dealership is able to target specific households from a list the dealership may have (i.e., people whose leases are expiring) or a list it may have purchased (i.e., owners of cars that are 5 years old or older). Dealers like this type of digital product because they can easily track names of those who have purchased against the people on the household IP targeting list.

Facebook and Instagram newsfeed ads are “native advertising” that reaches people as they scroll through their accounts’ newsfeeds and status updates. There are many different types of Facebook ads now, including carousel ads, local awareness ads with click-to-call or click-to-map buttons, and Facebook’s lead ads, which are used for offering online quotes or signing people up for a test drive. In addition, a dealer can do custom audience matching and run ads only to the people who are on a list they want to target — and can extend that by asking Facebook to develop a “lookalike” audience that most closely matches their own list.

Mobile location-based targeting (also called mobile conquesting) is probably the hottest thing right now in digital advertising for dealers: It means reaching consumers who are in the market for a vehicle (“auto intenders”) and who are within a certain distance from a dealership’s location. Ads can be dynamically updated to show the consumer how far they are from the dealership, while expandable ads can offer several call-to-action buttons.

A dealer can also “geo-conquest” around competing dealerships’ lots and target ads to people only when they are on another dealer’s lot. This is a big deal because, according to research by Cars.com and Placed, Inc., 63 percent of auto shoppers researched and shopped online while at a dealership.
Retargeting helps a dealership continue to target people who have already been to the dealership’s website and remind them why they should come back.

If you’re not already offering these products to your automotive dealerships in addition to your radio campaigns, you should consider doing so. Many dealerships are time-strapped and want to work with as few media companies as possible. If you can be more of a “one-stop shop” for radio alongside a full suite of digital products, you are more likely to stand out from your competitors.

If you feel you can’t offer all the digital products described above, you should at least look into retargeting and a mobile advertising option. Many car manufacturers have set guidelines that require their dealerships to allocate a certain amount of their advertising spend in digital mobile ads.
Now that you know more about these digital marketing products, you can position your radio demographics and options to complement them. Radio is still one of the best mediums to broadcast a message far and wide —it’s the megaphone. Digital can be used in conjunction to complement that message and provide the frequency and specific targeting to drive the conversions dealers want: moving metal!

Nielsen Acquires Repucom, Expands Sports Analytics


 

by , Yesterday, 5:20 PM                                            

Nielsen has acquired sports measurement company Repucom. Nielsen says the purchase expands its sports analytics and data business as it looks to capitalize on what it says is a rapidly growing global sports sponsorship business -- one that has doubled since 2010, increasing to $60 billion from $35 billion.

Financial terms of the deal were not disclosed. But one sports marketing publication valued the deal at $100 million.

Sports branding in many areas has been growing. For example, the NBA has approved plans to allow brands to display small logos on team jerseys.

In addition, live TV programming -- especially sports programming -- is an increasing priority for TV advertisers looking to get messaging seen in real-time.

Nielsen says Repucom’s ‘QI Media Value’ technology is of particular importance, as it measures the quality of brand exposure considering size, duration, location and number of concurrent brands seen.
Repucom’s logo recognition and media-monitoring technologies measure more than 5.3 million hours of content and 1.1 million sports interviews per year. Its clients include some 1,700 sports rights holders, brands, agencies and broadcasters.

Nielsen believes matching sponsorship data with its buyer intent and purchase data can provide clients with new solutions to make better business decisions.

Online Ad Spend Overtakes TV Next Year


 

       by , , Staff Writer @mp_research, Yesterday, 6:15 AM                                            

According to the latest PwC annual Entertainment & Media Outlook report, containing projections for online and offline media advertising markets through 2020, TV and out-of-home advertising have the healthiest futures, while the outlook for print (at least in print format) is dim.
US Advertising Media Market Sizes (US $ Billions; 2016 vs. 2020)
Advertising Type
2016 Bil $
2020 Bil $
Internet
$68.1
$93.5
TV
73.0
81.7
Radio
17.8
18.4
Consumer magazine
16.8
16.8
Newspaper
18.8
14.9
Out-of-Home
9.2
10.9
Trade magazine
4.6
4.7
Cinema
0.9
0.9
Source: PwC, June 2016
Online Advertising is expected to overtake TV advertising in size next year. The report predicts that online advertising spending will exceed $75 billion next year, surpassing the $74.7 billion projected for TV. Online advertising is expected to grow at a compound annual rate of 9.4% from 2015 through 2020, compared to TV’s 3.2% rate, says the report.

Mobile’s share of online ad spend is expected to grow throughout the forecast period, increasing to a predicted 49% share in 2020. Among mobile advertising types, display (including video) is expected to remain larger than search, rising from 58% share of mobile ad spend to 62% in 2020. Mobile video will be the fastest-growing segment.

Despite retaining its majority share through 2020, paid search’s CAGR of 3.6% will be eclipsed by video ads’ forecast CAGR of 19.3%, which will double desktop video advertising spending from an estimated $5.1 billion this year to $10.2 billion in 2020.
Display (non-video) ads are predicted to have the slowest growth, with display ad revenues forecast to shrink from $10.9 billion this year to $9.5 billion in 2020.

TV Advertising spending is projected to grow from $73 billion this year to $74.7 billion next year, at which point it will cede its status as the top media advertising market. Overall, TV will grow at a compound annual rate of 3.2% from 2015 through 2020. There is an increasing trend towards the usage of other screens, according to the report. Not solely the viewing of video content, but households simultaneously browsing apps and websites on smartphones and other connected devices while watching TV.

Even so, says the report, online is predicted to comprise just a small portion of overall TV advertising revenues though the forecast period. Only $5.4 billion of the $81.7 billion in TV advertising revenues forecast for 2020 are expected to be from online TV. In the broadcast advertising segment, however, broadcast networks are forecast to see a slightly higher advertising CAGR (3.9%) than cable networks (3.7%).

The Radio Advertising market in the US is expected to remain relatively flat through the forecast period, increasing marginally from $17.8 billion this year to $18.4 billion in 2020.
Terrestrial radio online advertising will be the fastest-growing segment, with a CAGR of 7.8%. Digital ad revenues will represent just a small portion of overall radio revenues, forecast to comprise 7.7% share of total radio ad revenues this year, online radio is projected to grow to 9.7% share of radio revenues by 2020. The dominant form will continue to be terrestrial radio broadcast advertising, with ad revenues predicted to remain mostly stagnant between $16.2 billion this year and $16.4 billion 2020.

The Magazine Advertising market is composed of two main segments: consumer magazines and trade magazines. The consumer magazine advertising market in the US has an estimated value of $16.8 billion this year, and will remain essentially flat through 2020. Digital advertising is projected to overtake print advertising as the leading source of consumer magazine advertising revenues in 2020 ($9.2 billion and $7.7 billion, respectively).

Meanwhile, the trade magazine market is smaller, but following similar trends, says the report. Digital will overtake print in trade magazine ad spend in 2020, with the former boasting a CAGR of 11% as opposed to the latter’s -6% projected CAGR. As such, digital ad revenues are projected to increase from 35% of trade magazine ad revenues this year to a 51.4% share in 2020.

The hardest hit of the media types examined, Newspaper Advertising is the only market expected to see a decline in revenues between this year and 2020, falling from $18.8 billion to $14.9 billion. Digital advertising in the newspaper market is simply not growing quickly enough to offset print advertising losses. Forecast to account for 26.5% of newspaper ad revenues this year, digital is expected to grow to 37.9% share of revenues in 2020.

Meanwhile, each of the three major segments of print advertising (classified, national and retail) is predicted to drop by an annual rate of at least 8.6%, with classified having the worst outlook (of almost -9.7%). With newspaper advertising on such a sharp decline, circulation revenues will be almost as large as advertising revenues by 2020. The vast majority of circulation revenues will continue to be print-based, at $11.1 billion versus digital’s $1 billion.

Out-of-Home (OOH) advertising has the strongest prognosis of the traditional media types, though its healthy outlook is mostly the result of strong projected growth in digital out-of-home advertising. Overall, OOH ad revenues are predicted to grow from $9.2 billion last year to $10.9 billion in 2020. During the forecast period, digital is expected to grow at a compound annual rate of 9.4%, bringing it from 38.3% share of total OOH ad revenues this year to 46.2% share in 2020.

The smallest medium of those identified in this article, Cinema Advertising is predicted to grow from $857 million this year to $908 million in 2020, with a 2015-2020 CAGR of 1.6%. Cinema advertising revenues will continue to be dwarfed by box office revenues, which are expected to grow at a 1.2% annual clip from 2015 through 2020 ($11 billion).

Thursday, June 16, 2016

Study: All Audio Influences Consumer Purchases+Country Listeners Lean Conservative

Radio Ink - Radio\'s Premier Management & Marketing Magazine

 
Data that shows radio helps consumers decide what to purchase shortly before they make the cash register ring will come as no surprise to seasoned managers and AEs. However, it’s always helpful to have more — and current — data to back up that claim.
On Tuesday, Mediavest | Spark and iHeartMedia released the results of a joint study that measures the correlation of various media and how they influence consumers’ purchase decisions. The results showed that all types of audio are now influencing consumers as they gear up to make a purchase.
The study measured consumers’ use of different media as they were headed to make a purchase. Audio, out of home, print, TV, digital video, search, and social media were all part of the study. The study analyzed the overall purchase journey behavior of 5,000 consumers.
 
As this next chart shows, AM/FM radio (light blue bars) is now in a bit of a battle with streaming audio (middle bars) and Satellite radio (darkest blue bars) as consumers get ready to make a purchase. The good news is, audio, no matter what form, ranks high when it comes to consumers getting ready to break out their plastic. However, at the time of the actual purchase, the strongest relationship is with satellite radio.
CHART
One of the reasons the study was being done was to measure the impact social media and search would have in the purchase process, and whether or not radio/audio was taking a hit because of the popularity of social and search.

The study concluded that the strongest relationship is seen consistently for audio and out of home. “There was a 90 percent or greater correlation between purchase consideration (across categories) and exposure to any audio or any out-of-home media in the half-hour before. This compares with a 33 percent correlation with any digital video, a 53 percent correlation with any print, and a 55 percent correlation with any television. Not surprisingly, search and social are also strongly related to purchase consideration.”

Newspaper Woes Continue
In its latest State of the News Media report, Pew reports that 2015 was another awful year for the newspaper industry, perhaps the worst since the recession. Pew reports that average weekday newspaper circulation, print and digital combined, fell another 7% in 2015, the biggest decline since 2010. Digital circulation was up only 2% for weekday and accounts for only 22% of total circulation. And in 2015, total advertising revenue among publicly traded companies declined nearly 8%, including losses not just in print, but digital as well.

Nielsen: Country Listeners Lean Conservative

               
The ratings firm Nielsen released new data Wednesday regarding Millenials and how their listening habits differ by political view. Nielsen is releasing the data to try to help the radio industry get the point across to politicians that radio is an important medium to include in their media mix. Country radio is America’s top format among listeners 18-34 years old, with more than 66 million tuning in to these stations each week.
Nielsen says Country radio listeners largely mirror the total U.S. radio audience, though they represent a larger share of Mild Republicans and a smaller share of Independent voters. Still, just as many Democratic voters listen to Country radio as Republican voters in the country’s top markets.
Digger deeper into the Country format Nielsen found that two other kinds of Country radio—New Country and Classic Country—reach “slightly more nuanced listener groups.” New Country stations tend to skew younger since their playlist is made up of more current hits, while Classic Country tends to skew older since their playlist is made up of more familiar Country songs from the past.
Nielsen says given that young voters are much less likely to be affiliated with a specific party than older voters, it’s not surprising that roughly 31% of the New Country audience are Unregistered, which is six points higher than the U.S. average. Meanwhile, Classic Country listeners lean heavily conservative: 39% of the audience is registered Republican, and more than two-thirds of this group classify themselves as Ultra Conservatives—13 points higher than the U.S. average. In addition, of the 36% of the audience registered Democrat, the majority identify as Conservative Democrat.
political affiliations