There's a great article over at The New York Times. It's about all the changes happening at the broadcast networks concerning the traditional upfront model -- the practice of presenting to advertisers around the month of May a new portfolio of programming to be commenced in the fall season and the subsequent booking of ad dollars for said programming. That's how the process has worked -- CBS (NYSE: CBS), General Electric's (NYSE: GE) NBC, Disney's (NYSE: DIS) ABC, News Corp.'s (NYSE: NWS) Fox, and Time Warner's (NYSE: TWX) and Viacom's (NYSE: VIA) CW show their wares now so that they can sell commercial inventory well ahead of the season premieres.
Well, according to the article, you can thank -- or blame -- the writer's strike for the dismantling of this quaint mechanism. I chose to thank the strike, because I think change is good in this case. You see, the broadcasters want to move to a 52-week season -- i.e., they want to debut new shows on a year-round basis instead of all at once, thus neutralizing the need for big upfront promotions. Actually, I should point out that there were probably other factors that helped this decision along -- most of them centering around costs and expenses. The expensive pilot-development process just isn't where it's at anymore. In fact, I wrote about this new paradigm back in April when NBC's co-chairman Ben Silverman was embracing it -- he's actually going for a 65-week season!
So, here's hoping the networks have the discipline to vanquish the traditional upfront selling market and instead conserve this new thesis going forward. Year-round programming will shake things up, which is exactly what is needed.
Disclosure: I own shares in Disney and General Electric; positions can change at any time.











Reader Comments (Page 1 of 1)
5-12-2008 @ 8:44PM
Senator Gunzenhauser said...
Fall or year-round... doesn't really matter if they can't develop must-see tv, particularly comedies. Broadcast tv has become boredcast tv.
5-14-2008 @ 3:05PM
Kenneth said...
I think all they have to do is focus on the kids in the summer and the ratings will be just as high. http://satxxkenn.sitemighty.com/category/business-cards