The tournament generated a record $1.24 billion in national ads in 2016, up 5% and a new record. Meanwhile, audiences for the final rounds have shrunk since moving to cable.
Kantar Media says “March Madness” generated $1.24 billion in national TV advertising spending in 2016 airings on CBS and Turner networks (TBS, TNT and truTV), up 4.7% versus 2015. Kantar says these gains are in line with 2% to 5% annual gains — keeping pace with annual TV rights fees increases.
Two months ago, broadcasters were warned about the risks of publishing ads or engaging in promotional activities that refer to the Super Bowl without approval of the NFL. Now, with the NCAA Basketball Tournament about to begin, broadcasters, publishers and other businesses need to be equally wary about potential claims arising from their use terms and logos associated with the tournament, including March Madness,® The Big Dance,® Final Four® or Elite Eight®, each of which is a federally registered trademark. And the NCAA aggressively polices the use of its trademarks.
New research from Kantar Media shows that the NCAA Division 1 Men’s Basketball tournament is now second only to the NFL playoffs as the most lucrative post-season playoff franchise.
When the new NCAA March Madness Live app goes live today, it will be available on more platforms than ever before. But only Apple TV users will get a coveted feature: the ability to watch two games at once.
The finals will air on cable for the first time, two years after the Final Four migrated. Buyers worry about ratings declines. Pricing is flat to last season.
The annual March Madness college basketball tournament is giving advertisers multiple shots at their desired audience. Car companies advertising during the NCAA basketball tournament’s Sweet 16 and Elite 8 rounds, for instance, received an average “brand lift” of 59.7%, according to a survey from video ad firm Extreme Reach, which polled about 200,000 respondents on how likely they were to purchase a particular brand’s automobile.
The Kentucky men’s college basketball team nearly lost a game for the first time this season on Saturday night, which made TBS a big winner. The Wildcats’ final-seconds win over Notre Dame to secure a spot in the Final Four became the highest-rated college basketball game in history on cable and the most-watched program ever on TBS, according to Nielsen. The contest averaged an 8.4 household rating on TBS, peaking with an 11.1 from 10:45 p.m. to 11 p.m.
March Madness is drawing record numbers, both on TV and online. The NCAA men’s basketball tournament posted its highest-rated opening Saturday ever, and overall ratings are the highest they’ve ever been to this point in the tourney. Saturday’s games averaged a 7.4 household rating, according to Nielsen metered-market ratings, airing on CBS, TBS, TNT and truTV.
It’s that time of the year again. The time when Internet speeds begin to slow and productivity dips. Yup, it’s March Madness time. Millions of people will tune in online and over-the-air to watch the best college basketball teams in the nation go head-to-head. There’s a total of 67 games, which will be broadcast across CBS, TNT, TBS and TruTV starting today. The championship game is scheduled for Monday, April 6, on CBS. Here’s how you can tune in on your devices: