SMI Quarterly Update: Digital Ads Strengthen Traditional Media Results

Looking back at the quarter what is becoming increasingly evident is how traditional media owners are relying on digital to close the gap between revenues generated on their most popular properties which have been falling as audiences have fragmented and media vehicles have multiplied exponentially As an example linear television is flat in Q3 in comparison to last year but when we add digital properties the television sector delivers 4 YoY growth over 2014 which is not a bad result considering recent C3 ratingsAnother positive story is that of print We hear from analysts what a torrid time newspapers and magazines are having and there is little doubt that their traditional products are under serious threat However when we look at the role digital is now playing for the major publishers we see a much more positive story Print without digital is down 2 but when we add digital print bookings the sector in it is in positive territory and things are definitely looking up for the remainder of the year It does need to be said here that the standout performer in print is newspapers The sector was up a very encouraging 14 in Q3 building on what was a very poor 2014 for the industryPure digital properties continue to deliver strong yearonyear gains as new advertisers are drawn into this very accessible sector of the market The digital sector jumped 27 in Q3 against the same period last year The big gain came from strong results in social 96 and video 53 Key categories driving this growth are entertainment CPG and telecommunications which almost all doubled spend in these two key parts of the digital marketWe are also seeing some fascinating shifts within major advertising categories as brands experiment with their media mix All major advertiser categories grew and are spending significantly more in Q3 2015 than they were a year ago What is fascinating is how the mix is changing Take for instance the CPG category Total spend is up 11 on a year on year basis Digital is the key driver here delivering almost a 50 increase on the prior year TV is up slightly with other big gains happening in radio and out of home However it is the print sector that has suffered giving up 5 of its 2014 volume Digital now makes up 30 of the categoryamp8217s spend which is up a whopping 10 on 2014amp8217s numbers We are seeing fascinating shifts across all major categories and will be undertaking some in depth analysis in the coming weeksIn addition to closing out Q3 we now have our first full look at the complete amp821614amp821715 broadcast year There are some fascinating insights here that we will also be covering in detail in the coming weeksThe opinions and points of view expressed in this commentary are exclusively the views of the author and do not necessarily represent the views of MediaVillageMyersBizNet management or associated bloggers

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SMI Quarterly Update: Digital Ads Strengthen Traditional Media Results

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James Fennessy

Empowering Women in Media: Insights from Industry Leaders (Video) - By E.B. Moss

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SMI Quarterly Update: Digital Ads Strengthen Traditional Media Results

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James Fennessy

Empowering Women in Media: Insights from Industry Leaders (Video) - By E.B. Moss

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