Cabletelevision Advertising Bureau Announces Creation of Commercial Ratings Commission
-- Committee to Tackle Processing Challenges Reflective of New Data --
-- Senior Leaders from Broad Swath of Industry to Participate --
New York, NY – May 4, 2007 – The Cabletelevision Advertising Bureau (CAB) today announced the creation of a broad industry-wide commission devoted to the development of commercial ratings processes and standards for the television advertising industry. This blue-ribbon panel will bring together senior members of the national television industry from networks, agencies, Nielsen Media Research, Donavan Data Systems and third party processors of Nielsen data. The commission’s goal will be to help craft forward-looking standards that ensure commercial ratings can become an accurate, stable and fully understood currency for marketers and advertisers to utilize.
“For commercial ratings to become a part of the buyer/seller negotiation process, on-going leadership from all corners of the television industry will be required,” said Sean Cunningham, President and CEO for the CAB. “As yet, the current commercial ratings data has not been audited. Further, without the adaptation of common standards, the enormity of data could overwhelm existing systems and in doing so offset any advantages found in what many believe could be a more accurate measurement system. The commission will help address these challenges, ultimately aiding in the development of critical early stage standards that will keep the commercial rating initiative moving forward.”
The CAB has invited the American Association of Advertising Agencies (AAAA), the Association of National Advertisers (ANA), the Media Rating Council (MRC) and the Syndicated Network Television Association (SNTA) to send empowered and informed executives to represent their constituencies as full members of this initiative. The CAB will convene the first meeting of the commission within a few weeks.
“We believe the output from this group will serve advertiser’s need for greater accountability through the creation of a manageable and predictable trading currency,” said Ed Erhardt, President, ESPN Customer Marketing & Sales and CAB’s new Chairman.
Those that have already indicated that they intend to participate in the Commercial Ratings Commission include:
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