NBC, Telemundo O&Os To Join RSNs In Full Impressions Buying Move
In September 2019, NBCUniversal first announced a move to impressions. But, clients and agencies who were not trading on impressions were granted additional time to transition while they evaluated the impact the change would have on their business and clients.
That evaluation period is coming to an end very soon.
With the close of the transition period at the end of Q1, all of NBCUniversal’s owned TV stations and regional sports networks will be measured using CPMs only.
This means that as of April 1, all 42 NBC and Telemundo owned-and-operated broadcast TV stations and seven NBCUniversal-owned regional sports networks will officially move to 100% impressions-based buying for all local advertising campaigns.
“Our local businesses were among the first to put a stake in the ground around the move to impressions-based ad buys more than a year ago, giving local marketers a better currency for measurement,” said Frank Comerford, NBCUniversal Owned Television Stations’ Chief Revenue Officer. “Utilizing impressions puts local TV on a level playing field with digital, since advertisers will no longer need to convert ratings to impressions in order to evaluate an overall ad buy. As always, our teams are ready to work hand-in-hand with local advertisers to deliver successful campaigns across all DMAs.”
The move to 100% use of impressions, instead of traditional ratings points, by stations and RSNs will, in NBCUniversal’s view, “enable marketers to plan holistically across platforms and screens, and will more accurately showcase the increase in viewers as a result of the addition of BBO households.”
As it turns out, Nielsen‘s introduction of broadband-only (BBO) homes into local market samples begins on April 1, answering questions one may have about Nielsen’s involvement or perhaps that of rival Comscore.
“Moving to impressions brings the added benefit of eliminating zero cell quarter-hours, which had previously resulted in a reduction in inventory,” EVP of NBC & Telemundo Owned Television Station Sales Michael Chico said. “Ratings, unlike impressions, are held to Nielsen’s minimum reporting standard thresholds. Ratings that do not meet these minimums are reported as zero viewership, while impressions are reported when viewing occurs in all quarter hours, effectively adding back anywhere from 5-20% of viewers depending on the daypart. This provides additional inventory for agencies and clients to reach their impressions goals on buys.”
NBCUniversal in December 2020 said it would expand its available digital inventory, addressable products, and advanced targeting by scaling NBC Spot On across One Platform. As a result, sales teams at NBC and Telemundo owned stations gained greater access to digital inventory from both NBC owned and operated properties and third parties.
That came following the February 2020 launch of advanced video advertising business NBC Spot On, which the company says is designed to give local, regional Connected TV and OTT access to premium video inventory.