AOL Money & Finance

Broadcasters, ad folks desperate for a better audience-measuring mousetrap

More

It took a while, but the broadcast media community is starting to realize that Nielsen Media may not have the answers to all their audience-related questions.

So, 14 of the largest players in the space -- including programmers, advertisers, and ad buyers -- are shelling out some cash to see if there's a better way. The group claims it isn't looking for an alternative to Nielsen ... but let's do the math on this one. If they aren't looking for some new choices, then just what the hell are they doing?

Among the participants in the hunt for a new audience measurement system are CBS (NYSE: CBS), Disney (NYSE: DIS), GE's (NYSE: GE) NBC Universal, News Corp. (NASDAQ: NWS), ad giant Omnicon (NYSE: OMC), and TimeWarner (NYSE: TWX).

The light at the end of the tunnel, presuming they don't need a road map to find it, is a solution suited to an age of digital video recorders, online video, and handheld devices that can do far more than the first television I was allowed to have in my bedroom.

The need is palpable: CBS is the only major broadcaster to see an up-tick in its audience in the season ending last May. Overall, it looks like people aren't watching as much television -- a conclusion supported by ad sales. The Television Bureau of Advertising puts the year-over-year plunge at 12.8% and landing at $9.6 billion for the second quarter of 2009.

Reader Comments (Page 1 of 1)

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

Symbol Lookup
IndexesChangePrice
DJIA-17.2410,433.71
NASDAQ-6.832,169.18
S&P 500-0.591,105.65

Last updated: November 24, 2009: 09:46 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

WalletPop Headlines