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Published: June 29, 2011 at 09:11 PM GMT
Last Updated: July 25, 2011 at 09:11 PM GMT
Missing again at this year's largest global gathering of media and advertising executives at the Cannes Lions International Festival of Creativity were the U.S. TV networks and leading magazine publishers. Why are they ceding this valuable territory to Google, Yahoo, AOL, Facebook, Microsoft, Twitter, Vevo and other digital media? Watch this week's Reuters Jack Myers Video Media Business Report to learn more. Also this week, Jack Myers Media Business Report (subscribers-only) explains the advertising and media industry’s newest hot buzzword – that describes the industry’s most important organizational advance in nearly a decade.
Subscribers can access the report at www.jackmyers.com. I share exclusive insights from the report in this week’s Video Media Business Report, available below and through Reuters Insider iPad app, which is available at no cost to all Media Business Report subscribers.
“The Walking Dead” continues to stand out from the rest of television and justify its buzz. In fact, five years in, its latest season finale was its highest-rated yet. As of this writing the show on Sunday – a killer episode featuring the return of Lennie James as Morgan (pictured below) -- drew almost 16 million viewers, 10.5 of them adults 18-49. Those numbers will only grow when Live +3 and Live +7 data is factored in. Yes, that’s true of almost every show these days, but “Walking Dead” is bound to kick butt in those measurements, we well.Read More
The ad market weakened by -4% in February as several large events had a major impact on how the month fared on a year-on-year basis. The absence of NBC’s Sochi Winter Games had the greatest impact on the market and caused TV ad revenues to drop 16% compared to last year. The month’s results couldn’t be helped by the Grammy Awards moving to February in 2015 -- a month later than last year. While major events like the Winter Games pulled the market down, the result would have been a lot worse if the Academy Awards on ABC didn’t fall in February this year rather than March, as they did in 2014.Read More