TV Shows Bigger Ad Gains Than Other Media
Broadcast, spot, Spanish-language have biggest increases
By Jon Lafayette -- Broadcasting & Cable, 3/11/2013 9:15:08 AM
TV advertising was up 5% in the fourth quarter, helped by the NFL and NCAA football. For the full year, TV spending was up 8%.
Broadcast network TV was up 5% in the quarter and up 9% for the year, thanks in part to the Summer Olympics on NBC.
Spot TV gained 12% in the fourth quarter because of election campaign spending and finished the year 10% higher as auto makers and dealers pumped money into local markets.
Spanish-language TV spending jumped 20% in the fourth quarter, with higher sell-out levels at the broadcast networks. For the year, Spanish-language TV was up 15%.
Cable TV spending in the fourth quarter was down 2% because of reduced holiday ad spending and cutbacks from direct response marketers, according to Kantar. For the year, ad spending on cable networks was up 3%.
Overall, ad spending was up 2% in the fourth quarter and up 3% in 2012 to $140 billion, according to Kantar.
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