TV Takes In Biggest Share of Ad Revenues
Television continues to get the biggest share of consumers'
media time and marketers advertising dollars.
Television ad spending in the U.S. rose 4.5% to $72 billion,
according to a new report from Nielsen.
That compares to $16 billion for magazines, $12 billion for newspapers, $7
billion for radio and $6 billion for the Internet.
Broadcast network TV generated $21.1 billion, spot TV
generated $23 billion, cable TV earned $21 billion, Spanish-language broadcast
reeled in $3.7 billion and Spanish-language cable drew $13.3 million.
Cable TV advertising revenues have increased 42% from 2007,
Nielsen said. Spanish-language cable rose 24% since 2010. Spanish-language TV
saw a 16% increase.
While the automotive category was the largest in ad spending
across all media at $10.2 billion in 2011, AT&T and Verizon were the top
brands among TV spenders during 2011. AT&T Wireless Web Access paid $1.1
billion for TV spots and Verizon Wireless Web Access paid $702.2 million.
The average TV commercial in 2011 was 28.4 seconds in
length. Thirty-second spots accounted for 47% of all commercials, down from 48%
in 2010, while 15-second ads represented 34% of the total, up from 33%. The
share of one-minute ads remained constant at 9%.
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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.