Fox: World Series Is 90% Sold
On top of huge numbers for football, Fox Sports says it is cashing in on baseball, with commercials in the upcoming World Series about 90% sold. Sales are pacing much quicker than a year ago, when the recession pushed the upfront sales market back toward the end of summer. Sales are pacing about 25% ahead of 2008.
Prices on a cost-per-thousand viewers (CPM) basis are up by high single digits, Fox says. That brings the price of a 30-second spot to about $450,000, according to industry sources. Fox is also getting about $225,000 for spots in the National League Championship Series.
Demand is also strong at Turner Broadcasting, which says it’s also about 90% sold for the American League Championship Series and divisional playoff coverage. Spots in the ALCS are going for about $140,000. Key sponsors include AT&T, Bank of America, Jeep and Capital One.
As the season winds to a close, it’s likely that ratings will be strongest if big-market teams such as the New York Yankees and Philadelphia Phillies reach the Fall Classic. Ratings for last fall’s Yanks-Phils series were up 39% from 2008. In addition to market size, key factors in ratings and revenue include the length of the series and the closeness of individual games.
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.