{"id":6431,"date":"2015-07-21T00:00:00","date_gmt":"2015-07-21T00:00:00","guid":{"rendered":"http:\/\/worldscreen.com\/tvusa\/2015\/07\/21\/u-s-tv-ad-spending-dips-in-q2\/"},"modified":"2015-07-21T00:00:00","modified_gmt":"2015-07-21T00:00:00","slug":"u-s-tv-ad-spending-dips-in-q2","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvusa\/u-s-tv-ad-spending-dips-in-q2\/","title":{"rendered":"U.S. TV Ad Spending Dips in Q2"},"content":{"rendered":"<p>\n\tNEW YORK: The absence of ad dollars from last year&#039;s World Cup impacted major U.S. networks on a year-on-year basis, with TV ad revenues down 6 percent in Q2 compared to the same period in 2014, according to Standard Media Index (SMI) data.<\/p>\n<p>\n\tThe global advertising data company estimates that the 2014 FIFA World Cup generated more than $500 million in television ad revenues in June and July last year. While TV revenues dropped 6 percent, the digital sector notched up 14 percent growth in June.<\/p>\n<p>\n\t&ldquo;June&rsquo;s overall numbers were negatively impacted on a year-on-year basis by last year&rsquo;s World Cup,&rdquo; said James Fennessy, SMI&rsquo;s chief commercial officer. &ldquo;However, there are some underling factors that are contributing to a deeper malaise. Soft ratings and ongoing measurement issues continue to impact television&rsquo;s results and we also saw a slight slowdown in the explosive growth from digital, which points to marketers focusing more closely on return on investment.&rdquo;<\/p>\n<p>\n\tTV dollars were down 5 percent year-on-year for the second quarter, in line with falls in across the board C3 ratings, implying that this year&rsquo;s TV offerings have not been able to replace the large advertising expenditure that was committed to last year&rsquo;s World Cup. For June, television ad spend was down 16 percent for broadcast, while cable TV dropped 1 percent.<\/p>\n<p>\n\tReporting on 80 percent of the total national ad spend from global agencies, SMI data showed that broadcast ad spend declined by 10 percent and cable dipped 3 percent year-on-year for the second quarter. In looking at the top four broadcast TV networks, ad revenues dropped by a combined 9 percent in June. However, advertising on social media sites and video sites, such as YouTube and Hulu, continue to grow consistently at 37 percent and 43 percent, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK: The absence of ad dollars from last year&#039;s World Cup impacted major U.S. networks on a year-on-year basis, with TV ad revenues down 6 percent in Q2 compared to the same period in 2014, according to Standard Media Index (SMI) data. The global advertising data company estimates that the 2014 FIFA World Cup &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-6431","post","type-post","status-publish","format-standard","","category-top-stories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>U.S. TV Ad Spending Dips in Q2<\/title>\n<meta name=\"description\" content=\"U.S. TV Ad Spending Dips in Q2. NEW YORK, July 21: The absence of ad dollars from last year&#039;s World Cup impacted major U.S. networks on a year-on-year basis, with TV ad revenues down 6 percent in Q2 compared to the same period in 2014, according to Standard Media Index (SMI) data. . 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