Tuesday, July 11, 2017

"Viagra won't advertise on NFL games, signaling softening ad market"

Trouble in NFL land?
From Yahoo Finance:
Last year, the NFL’s declining ratings, in the face of zombie hordes, presidential campaign fatigue, and general public indifference (along with, maybe, a touch of political protest), dominated much of the early-season conversation. Ratings rebounded as the year wore on, however, and the Super Bowl pulled in its usual nine-figure viewer total.

But now we’re seeing the reverberations of that ratings slip, as well as other indications of a break in the ever-increasing ad market, and the news isn’t ideal for the NFL and its broadcast partners. Ad Age reports that preseason ad spending is the softest since the 2008 recession, with both the automotive and motion picture categories spending less at this point in the year than previously.
Automotive advertisers are the largest single category buying space on NFL games, by a long shot; their $889.3 million annual spending is more than twice the next-largest category, wireless, at $338.5 million, according to iSpot.tv. Movies are the No. 6 category. Both will likely increase their spending later in the year—automakers have fourth-quarter numbers to hit, and there are Justice League and Star Wars movies coming out—but the early indications is that advertisers may be funneling some of their ad dollars to high-rated but far cheaper programs elsewhere on the TV spectrum.

Throw into that mix the news that Viagra and, most likely, Cialis will be ending their NFL sponsorship entirely, and you’ve got some bleak news. Viagra, which popped up on the market 20 years ago as an aid to erectile dysfunction, is losing its patent exclusivity, which means generic versions will now be available. That, in turn, means that one of the NFL’s Top 40 advertisers, one which spent an estimated $31 million a year on sponsorship, won’t be rolling out ads with come-hither older women appealing to couch-bound dudes any longer....MORE