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2009 Ad Revenue Review
Total television ad revenues
for 2009 totaled at $81.9 billion - down six percent from year ago.
Cable’s share of total television ad revenue continued to climb; up
four points to a 29 share whereas Broadcast fell three points to a 36
share.
Breaking the TV total into its
component parts, Spot TV and Syndicated TV were both down 16%; Broadcast
fell 11% and Spanish Broadcast declined 7%. At the local level - TV
suffered from a drop in political dollars in comparison with the spending
last year leading up to the 2008 presidential election. In contrast
to Broadcasts’ decline, Spanish Cable and National Cable were the
lone gainers in 2009 - up 26% and 15%, respectively.
Looking at a broader scale across
all media, National Cable and FSI Coupon were the only mediums to experience
ad revenue increases this year. Quite the reverse for Local Sunday
Supplement with revenue cut in half followed by Local Magazine with
a 24% decline. Along with Broadcast TV, National Magazine experienced
the greatest loss from year ago. Quintessentially, total ad revenue
(excluding Internet for this analysis) totaled $119 billion this year
– down $11 billion from year ago.
Media, Retail and Auto/Accessories
rounded out the top three TV categories for 2009. Media and Auto
decreased there spending whereas Retail’s revenue grew $65 million.
Out of the Top 10 Categories, only four increased their spending in
2009 - (Retail, Financial, Food and Ins/Real Estate).
In fact, more than two thirds
of the categories (69%) cut their TV budgets in 2009 v. year ago with
Auto category leading the decline at a $2.2 billion loss. In contrast,
Electronic Equip/Supplies experienced the largest growth, up $289 million
followed closely by Food which is up $199 million.
Looking at Cable specifically,
sixty-five percent (24 out of 37) of all categories increased their
Cable spending in 2009. The top gainers in 2009 were Media with
a $675 million increase; Retail with $387 million growth and Financial
with $375 million gain v. year ago.
Out of Cable’s Top 15 Advertisers
for 2009, thirteen were up v. year ago. In fact, seventy-six percent
(3,496 out of total 4620) of all cable advertisers increased their spending
in 2009. Procter & Gamble and Wal-Mart Stores Inc were the
top two advertisers to increase their cable spending – with an influx
of $188 million and $144 million more, respectively, this year.
| TV
Ad Revenue |
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Share of |
Share of |
| |
2008 ($$$) |
2009 ($$$) |
(+/-) $$$ |
% Diff |
|
Total TV: 2008 |
Total TV: 2009 |
| Cable
TV |
$21,258,284.0 |
$24,406,598.0 |
$3,148,314.0 |
15% |
|
24% |
28% |
| Spanish
Cable TV |
$518,166.2 |
$652,561.3 |
$134,395.1 |
26% |
|
1% |
1% |
| Syndicated
TV |
$2,645,559.8 |
$2,223,598.5 |
-$421,961.3 |
-16% |
|
3% |
3% |
| Spanish
Broadcast |
$7,312,720.0 |
$6,823,887.0 |
-$488,833.0 |
-7% |
|
8% |
8% |
| Broadcast
TV |
$27,098,110.0 |
$24,137,890.0 |
-$2,960,220.0 |
-11% |
|
31% |
28% |
| Spot
TV |
$28,043,402.0 |
$23,613,744.0 |
-$4,429,658.0 |
-16% |
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| TOTAL |
$86,876,242.0 |
$81,858,278.8 |
-$5,017,963.2 |
-6% |
|
68% |
67% |
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| Source:
CAB analysis of AdViews. |
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| Ad
Revenue By Media |
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(ranked on growth/decline) |
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| |
2008 ($$$) |
2009 ($$$) |
(+/-) $$$ |
% Diff |
| Cable
TV |
$21,258,284.0 |
$24,406,598.0 |
$3,148,314.0 |
15% |
| Spanish
Cable TV |
$518,166.2 |
$652,561.3 |
$134,395.1 |
26% |
| FSI
Coupon |
$399,772.7 |
$445,700.5 |
$45,927.9 |
11% |
| Local
Sunday Supplement |
$98,657.3 |
$54,405.1 |
-$44,252.2 |
-45% |
| Network
Radio |
$1,097,924.8 |
$991,064.1 |
-$106,860.7 |
-10% |
| Local
Magazine |
$571,823.5 |
$435,375.3 |
-$136,448.2 |
-24% |
| National
Newspaper |
$1,571,655.8 |
$1,356,844.3 |
-$214,811.5 |
-14% |
| Outdoor |
$3,648,038.0 |
$3,238,369.3 |
-$409,668.8 |
-11% |
| Syndicated
TV |
$2,645,559.8 |
$2,223,598.5 |
-$421,961.3 |
-16% |
| Spot
Radio |
$5,545,579.5 |
$5,062,836.0 |
-$482,743.5 |
-9% |
| Spanish
Broadcast TV |
$7,312,720.0 |
$6,823,887.0 |
-$488,833.0 |
-7% |
| Local
Newspaper |
$12,007,092.0 |
$10,757,389.0 |
-$1,249,703.0 |
-10% |
| Broadcast
TV |
$27,098,110.0 |
$24,137,890.0 |
-$2,960,220.0 |
-11% |
| National
Magazine |
$19,196,738.0 |
$15,501,181.0 |
-$3,695,557.0 |
-19% |
| Spot
TV |
$28,043,402.0 |
$23,613,744.0 |
-$4,429,658.0 |
-16% |
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| TOTAL |
$131,013,523.4 |
$119,701,443.3 |
-$11,312,080.1 |
-9% |
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| Source:
CAB analysis of AdViews. |
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| Top TV Categories |
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| Rank |
Category |
2008 (000) |
2009 (000) |
(+/-) 000 |
| 1 |
Media |
$23,147,694.4 |
$22,207,456.5 |
-$940,237.9 |
| 2 |
Retail |
$7,592,283.1 |
$7,657,733.5 |
$65,450.4 |
| 3 |
Auto/Accessories |
$9,674,796.1 |
$7,523,130.4 |
-$2,151,665.7 |
| 4 |
Entertainment |
$5,807,382.8 |
$5,669,844.8 |
-$137,538.0 |
| 5 |
Financial |
$5,061,865.5 |
$5,229,647.5 |
$167,782.0 |
| 6 |
Medicine/Remedies/Acces |
$5,150,870.2 |
$4,821,705.3 |
-$329,164.9 |
| 7 |
Food |
$4,158,231.2 |
$4,357,285.7 |
$199,054.5 |
| 8 |
Telecommunication Systems |
$3,989,497.6 |
$3,768,348.3 |
-$221,149.4 |
| 9 |
Toiletries |
$3,230,127.8 |
$2,880,169.6 |
-$349,958.2 |
| 10 |
Insurance/Real Estate |
$2,747,512.4 |
$2,804,974.2 |
$57,461.8 |
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| Source:
CAB analysis of AdViews. (All TV) |
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| Top TV Category Gainers |
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| Rank |
Category |
2008 (000) |
2009 (000) |
(+/-) 000 |
| 1 |
Electronics equip/supplies |
$1,403,497.6 |
$1,693,014.7 |
$289,517.1 |
| 2 |
Food |
$4,158,231.2 |
$4,357,285.7 |
$199,054.5 |
| 3 |
Financial |
$5,061,865.5 |
$5,229,647.5 |
$167,782.0 |
| 4 |
Alcohol |
$987,379.3 |
$1,134,605.7 |
$147,226.3 |
| 5 |
Computer/Office Supplies/Stationary |
$833,254.9 |
$948,231.6 |
$114,976.7 |
| 6 |
Schools, Camps, Seminars |
$894,048.6 |
$991,495.7 |
$97,447.1 |
| 7 |
HH Supplies |
$1,735,566.1 |
$1,823,259.2 |
$87,693.2 |
| 8 |
Retail |
$7,592,283.1 |
$7,657,733.5 |
$65,450.4 |
| 9 |
Insurance/Real Estate |
$2,747,512.4 |
$2,804,974.2 |
$57,461.8 |
| 10 |
Horticulture/Farming |
$155,937.3 |
$205,613.5 |
$49,676.1 |
| Top Cable Categories |
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| Rank |
Category |
2008-$$$ |
2009-$$$ |
(+/-) $$$ |
| 1 |
Media |
$6,119,826.9 |
$6,794,612.2 |
$674,785.3 |
| 2 |
Financial |
$1,605,462.5 |
$1,980,672.4 |
$375,210.0 |
| 3 |
Food |
$1,418,562.0 |
$1,671,667.0 |
$253,105.0 |
| 4 |
Med/Remedies/ Med Equip |
$1,438,429.0 |
$1,573,147.8 |
$134,718.8 |
| 5 |
Retail |
$1,184,849.2 |
$1,572,493.5 |
$387,644.4 |
| 6 |
Entertainment |
$1,108,960.6 |
$1,275,421.6 |
$166,461.0 |
| 7 |
Auto/Acces |
$1,188,050.1 |
$1,251,639.5 |
$63,589.3 |
| 8 |
Ins/Real Estate |
$928,815.6 |
$1,166,670.3 |
$237,854.8 |
| 9 |
Toiletries |
$933,813.5 |
$1,116,963.3 |
$183,149.8 |
| 10 |
Telecommunications |
$871,727.2 |
$1,092,376.1 |
$220,648.8 |
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| Source:
CAB analysis of AdViews. |
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| Top Cable Category Gainers |
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| Rank |
Category |
2008-$$$ |
2009-$$$ |
(+/-) $$$ |
| 1 |
Media |
$6,119,826.9 |
$6,794,612.2 |
$674,785.3 |
| 2 |
Retail |
$1,184,849.2 |
$1,572,493.5 |
$387,644.4 |
| 3 |
Financial |
$1,605,462.5 |
$1,980,672.4 |
$375,210.0 |
| 4 |
Food |
$1,418,562.0 |
$1,671,667.0 |
$253,105.0 |
| 5 |
Ins/Real Estate |
$928,815.6 |
$1,166,670.3 |
$237,854.8 |
| 6 |
Telecommunications |
$871,727.2 |
$1,092,376.1 |
$220,648.8 |
| 7 |
HH Supplies |
$647,341.5 |
$855,894.9 |
$208,553.4 |
| 8 |
Toiletries |
$933,813.5 |
$1,116,963.3 |
$183,149.8 |
| 9 |
Entertainment |
$1,108,960.6 |
$1,275,421.6 |
$166,461.0 |
| 10 |
Med/Remedies/ Med Equip |
$1,438,429.0 |
$1,573,147.8 |
$134,718.8 |
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| Source:
CAB analysis of AdViews. |
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| Top 15 Cable Advertisers:
2009 |
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| Rank |
Parent Company
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2009-$$$ (000) |
| 1 |
PROCTER & GAMBLE CO
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$877,999.9 |
| 2 |
US GOVERNMENT
|
$435,042.6 |
| 3 |
JOHNSON & JOHNSON
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$297,140.7 |
| 4 |
GENERAL MILLS INC
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$266,629.6 |
| 5 |
WAL-MART STORES INC
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$259,928.3 |
| 6 |
YUM! BRANDS INC
|
$258,071.5 |
| 7 |
PFIZER INC
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$247,691.9 |
| 8 |
BERKSHIRE HATHAWAY INC
|
$241,412.5 |
| 9 |
TIME WARNER INC
|
$239,411.3 |
| 10 |
GENERAL ELECTRIC CO
|
$224,939.9 |
| 11 |
PROGRESSIVE CORP
|
$221,987.3 |
| 12 |
VERIZON COMMUNICATIONS INC
|
$209,793.5 |
| 13 |
WALT DISNEY CO
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$208,135.4 |
| 14 |
AT&T INC
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$200,420.9 |
| 15 |
SONY CORP
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$190,061.6 |
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| Source:
CAB analysis of AdViews. |
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| Top Cable Advertiser Gainers: 2009 |
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| Rank |
Parent Company
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2008-$$$ (000) |
2009-$$$ (000) |
(+/-) |
| 1 |
PROCTER & GAMBLE CO
|
$689,363.2 |
$877,999.9 |
$188,636.7 |
| 2 |
WAL-MART STORES INC
|
$115,546.1 |
$259,928.3 |
$144,382.2 |
| 3 |
VELO HOLDINGS INC
|
$27,504.4 |
$152,027.6 |
$124,523.2 |
| 4 |
PROGRESSIVE CORP
|
$117,055.1 |
$221,987.3 |
$104,932.2 |
| 5 |
PFIZER INC
|
$164,090.9 |
$247,691.9 |
$83,601.0 |
| 6 |
US FIDELIS ADMINISTRATION SVCS INC
|
$14,419.8 |
$96,502.2 |
$82,082.4 |
| 7 |
CITRIX SYSTEMS INC
|
$19,758.7 |
$86,036.0 |
$66,277.3 |
| 8 |
GENERAL MILLS INC
|
$202,658.8 |
$266,629.6 |
$63,970.8 |
| 9 |
SEARS HOLDINGS CORP
|
$87,002.0 |
$147,143.0 |
$60,141.0 |
| 10 |
EDUCATION MANAGEMENT CORP
|
$15,006.2 |
$71,617.1 |
$56,610.9 |
| 11 |
GREEN BULLION FINANCIAL SVCS LLC
|
$122,669.5 |
$178,968.8 |
$56,299.3 |
| 12 |
TIME WARNER INC
|
$183,197.1 |
$239,411.3 |
$56,214.3 |
| 13 |
YMAX COMMUNICATIONS CORP
|
$11,847.1 |
$66,332.7 |
$54,485.6 |
| 14 |
ZURICH FINANCIAL SVCS GROUP
|
$18,787.7 |
$73,050.6 |
$54,262.9 |
| 15 |
FREEDOM FINANCIAL NETWORK LLC
|
$482.1 |
$50,876.8 |
$50,394.7 |
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| Source:
CAB analysis of AdViews. |
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