/// Why the Web Hasn’t Hurt TV
Every ambitious Internet company wants some of the billions consumers and advertisers spend on TV. It’s an article of faith among the digerati that dollars will follow eyeballs, which means big money for everyone from Facebook to Google to Apple. But that hasn’t happened yet. And it’s possible that even as Web video grows, TV will continue to do just fine. That’s the thesis of Bernstein analyst Todd Juenger, who made his case to investors earlier this week. Two slides from his presentation sum it up well. First, he notes that even though eyeballs have moved away from broadcast TV, ad dollars have not (click to enlarge): Even more important: Even though the Web ad business is growing, TV continues to grow, too. And while other old media industries have shrunk, their losses haven’t turned into equivalent gains for the Web (click to enlarge). But what about consumer spending? After all, Netflix is streaming more than 2 billion of hours of video every three months. That has to cut into TV, right? Not really, says Juenger, noting that overall TV viewing is still up.
Read this article:
Why the Web Hasn’t Hurt TV
- 10/19/2016 • Why Agencies Should Spend More Time and Effort Retaining Their Strategy People
- 10/17/2016 • Brands Are Throwing Out Gender Norms to Reflect a More Fluid World
- 10/11/2016 • USAA Consolidates With Publicis Less Than a Year After Racist Email Scandal at Former Agency
- 09/23/2016 • Agency London in New York Literally Set Up a Work Space Inside the Metropolitan Opera House