The tepid ad market is continuing to give cable networks fits as they work to sell the commercial time they didn't book in the upfront, when advertisers shop for the upcoming TV season. Sales executives have been looking for strong growth in the so-called scatter market after a sluggish upfront market last summer.In a conference call with investors to discuss Time Warner's latest quarterly earnings on Wednesday, Time Warner CFO Howard Averill said ad rates in the scatter market are "up mid- to high-single-digits over upfront [pricing], while [dollar] volume is moderate."Mr. Averill said he anticipated a flat market in the near term, with ad sales likely to show "modest improvement" going forward. Continue reading at AdAge.com Continue reading at 'Advertising Age'
[ Advertising Age | 2015-02-12 00:00:00 UTC ]