A few headlines and items in the news point to the continuing decline of legacy media, now especially television, and yet nobody is reading the tea leaves properly in terms of what to do. This will only hasten the inevitable end.
First up, Ad Age asks Where Did Everybody Go? TV Premiere Week Ratings Sag As Young Viewers Vamoose. This doesn’t really require comment except to say I told you so. Yeah, I’m going to be pissy here.
Next, the New York Times reports Fall TV Season Opens Onto a Shifting Ad Landscape.
The current television landscape is a challenging one for advertisers. Ratings are down but the amount of programming is sharply up, along with the number of streaming options available, many of which allow viewers to skip commercials altogether.
Now, as advertisers consider the best ways to spend their money, the excitement that once greeted the beginning of the fall television season has given way to anxiety. Industry analysts and advertising executives said the upfront market — the annual ad sales period that begins in May with lavish presentations by the networks — was unambiguously weak this year.
Then a remarkable (for its lack of focus and leadership) Wall St. Journal interview with the head of the IAB, Randall Rothenberg, on ad blocking, viewability, and click fraud, none of which he deems a really serious problem for digital advertising.
And, finally, the first of a two-part series by industry watchdog promotional group, TVNewsCheck on digital, Digital Turning ‘Broadcast’ Sales Upside Down.
The digital advertising revolution sweeping through the media world has reached local TV, upending the lives of broadcast salespeople, requiring them to do more and learn more, while sometimes earning less.
In markets of every size, stations and station groups are creating and offering a host of new digital products to prospective and long-time clients to keep pace with the invasion of digital and other media on their turf.
The broadcasters are re-emphasizing training, creating new digital-only positions, hiring digital specialists and even establishing whole new units to sell digital products and consulting services that often have little or nothing to do with selling traditional TV time.
Sorry, one more: TVNewsCheck also reports: FCC’s Lake: Time For Exclusivity Rules To Go.
The comments on some of these articles suggest that at least some people within the industry understand what’s going on. The problem is the industry itself can’t and won’t talk about the elephant in the room – culture is advancing horizontally every day in what is now clearly a revolution against the established way of doing things. Unless we accept this, we will continue to flop around like fish on the dock gasping for oxygen when none is there. Death will come sooner than most think, and I will not be happy when it occurs, because it all could have been prevented.
Marketing in the traditional sense is done. Put a fork in it. It truly is the fish out of water, for the rules of marketing all apply to a mass, and that is quickly going the way of downtown shopping. And here’s the important thing: the people formerly known as the audience are REJOICING! This is what media and advertising people simply won’t accept, because it means the end of their money trees. Instead, they’re pleading with Washington for relief. Mr. Rothenberg’s comments to the Wall St. Journal are oozing with denial, including his assurance that the “sky hasn’t fallen.”
There is a real issue. I’m not worried because the marketing and media value chain has shown remarkable resilience. There is a natural human need to have businesses proposition you with goods and services and vice versa. You need to have that communication. I’m really not worried about whether advertising will be able to find its way through digital channels. I am concerned — very, very concerned — that costs of ads will go up and up and up from this unethical obstruction.
“There is a natural human need to have businesses proposition you with goods and services?” This is delusional, and that’s being kind. As Dave Winer wrote last week, “Advertising is unwanted.” It’s especially unwanted when it’s friggin’ everywhere as if it has some special right to be! One-third of prime time is commercials! One. Third. Why do these people think that viewers are ignoring or skipping them? Why do these people think the same users are blocking them online? Mr. Rothenberg (and others) would be well advised to read what Dave his written here and what The Cluetrain Manifesto published 15 years ago.
Times are changing, folks, but that’s a dead horse I’ve been beating for far too long.
Headlines like the above are like fingernails on a chalkboard to me. The industry rejected me and my message, and you’d think I’d find a little joy in watching my prophecies come true. I don’t.
I’m very angry, and I’m very sad.