Magazine article ADWEEK

Weak Debut for Frosh Shows Dampens Q4 Scatter Chatter

Magazine article ADWEEK

Weak Debut for Frosh Shows Dampens Q4 Scatter Chatter

Article excerpt

While the Nielsen ratings for the first two weeks of the new broadcast season likely left a few network executives scrambling to get their Xanax refilled, the advertising marketplace itself appears to be holding up. But analysts are concerned that a soft fourth-quarter scatter market and the general tack of enthusiasm for freshman shows could augur a long, cold winter.

First, the good news. Analysts put this year's upfront haul in the neighborhood of $9.2 billion to $9.5 billion, and according to media buyers, most of that pledged money has stuck. With the process of converting upfront holds into orders now complete, the consensus puts breakage at 2 to 3 percent of overall volume, a figure that's consistent with historical levels.

RBC Capital Markets analyst David Bank said he believes that no more than 15 to 20 of the 300 total advertisers who signed on for primetime broadcast inventory have pulled out of their commitments.

"That can be seen as a relatively positive sign for our original estimates [on volume]," he said, adding that some client cancellations are likely partial rather than total "I would err on the conservative side of that estimate," he added.

That's all well and good, but there is a flip side to the breakage numbers. While many clients attempt to throw more money into their initial upfront outlay in order to get the most out of negotiated rates, that hasn't happened this year.

"With scatter the way it is, there's not much of an advantage to adding to your order," said one TV buyer, "There's also little urgency [in the market]; the clients really don't have much cause to be enthusiastic about any of the new shows. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed


An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.