Upfront wrapped up with just about everybody up
The upfront is essentially done and the word is that broadcast networks booked about $200 million more than last year’s $9 billion in ad sales. Fox is believed to have gotten the biggest CPM increase, perhaps even a double-digit one, because of its strong 18-49 lineup, particularly “American Idol.” It was followed by ABC, which has also been strong in the key 18-49 demo, and then CBS.
But even the lagging networks did well. First NBC booked an impressive $1.9 billion in the upfront, beating pretty much everyone’s expectations for the big four network with the weakest ratings. Then The CW wrapped up with about $375 million. At first glance, that looks terrible against $600 million last year. But The CW recently outsourced its Sunday nights to Media Rights Capital, so it had one-third less inventory to sell. The LA Times reports that The CW was able to boost CPMs by 8% over last year’s upfront.
Fox, ABC and CBS finished selling out pretty much all of their upfront inventory yesterday, all with gains over last year.
But even the lagging networks did well. First NBC booked an impressive $1.9 billion in the upfront, beating pretty much everyone’s expectations for the big four network with the weakest ratings. Then The CW wrapped up with about $375 million. At first glance, that looks terrible against $600 million last year. But The CW recently outsourced its Sunday nights to Media Rights Capital, so it had one-third less inventory to sell. The LA Times reports that The CW was able to boost CPMs by 8% over last year’s upfront.
Fox, ABC and CBS finished selling out pretty much all of their upfront inventory yesterday, all with gains over last year.
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