BROADCAST TV OUTPACES ALL OTHER DIGITAL AND CABLE NEWS BRANDS SmithGeiger Research Demonstrates Relevance, Resilience, and Increased Value of Local and Network TV Bucking conventional wisdom, the power and relevance of local and network TV broadcasting remains remarkably strong and resilient even when measured against leading digital brands including Apple, Google, Facebook, Netflix and Twitter. That is the finding of recent research from SmithGeiger LLC which conducted 3,365 online interviews with news consumers ages 18 to 64 across America on behalf of the NAB. The research explores and captures depth of brand affinity toward local and network broadcast TV brands in comparison with “digital” and “cable” brands. In all 22 different brands were assessed including all local broadcasters in each market. “Broadcast brands” in the study included networks ABC, CBS, NBC, FOX, Univision and Telemundo and all local affiliates; “Digital brands” included Google, Netflix, Facebook, Microsoft, Apple, Twitter and Yahoo; “Cable brands” included CNN, FOX News, and MSNBC. The Power and Resilience of Broadcasting • Broadcast television remain an essential part of the news landscape, and its impact is expanding with digital adoption: 66% of all 18 to 64 year olds are getting news and information from a broadcaster on TV, on the web, or on a mobile device at least once a week TV remains the #1 daily news platform – with 39% watching news on broadcast TV every day Half (48%) see broadcast news as more important today, then it was a year ago Nearly as many (45%) project broadcast news to be even more important in the next 2 to 3 years (2.5 times the numbers who see broadcast news on TV as becoming less important: 18%) • As broadcasters effectively serve the news audience in more places, with greater convenience and immediacy, the value and relevance of broadcasters increases Four-in-ten (39%) are now turning to a broadcaster’s digital platforms (website or mobile apps) every week for news and information Over half (53%) of news consumers see their broadcasters as now serving their news needs “24/7” 39% have a stronger connection to their broadcaster because of their digital offerings 68% have watched a broadcast news video on a digital platform this past week (56% watched broadcast news on a mobile device) The Media Brand Equation According to Dr. Seth Geiger, the lead researcher on this project, the resilience and appeal of broadcasting is notable, “by any measure, broadcasters are resonating at extremely high levels with media consumers. The resilience, relevance, and reliance news consumers continue to place on broadcasters is eye opening.” Overall, the combined aggregate of local and network broadcast brands outpaces the digital brand category and the cable news category. Broadcasters receive a 57% positive brand affinity – outpacing all other media including Digital Brands (52%) and Cable Brands (40%). In a measure capturing overall brand sentiment, Broadcasters capture over 7 positive brand sentiments for every negative assessment, significantly stronger then Digital (3.7 positive to negative ratio) or Cable Brands (1.7). And in a comparison of 11 distinct brand attributes (trustworthy, informative, relevance, innovation, having a personal connection, makes a difference in your daily life), the average score for Broadcasters (49%) out performs Digital Brands (43%) and Cable Brands (34%). Key Takeaways: • Broadcasters have never been more relevant, more essential, and more connected to the needs of their audience. • News consumers are flocking to broadcasters on-air, online, and on mobile devices and these platforms are mutually reinforcing one another. • Reliance on broadcasters is outpacing all other news sources • The brand strengths for broadcasters are incredibly resilient and stronger in comparison to the leading digital brands and far outpacing cable news. • Broadcasting has evolved into a 24/7 convenience platform for all screens at all times, eclipsing even digital brands in brand sentiment. Contact info: Seth Geiger President SmithGeiger LLC 818-874-2000 212-329-4710 [email protected]
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