Consistent with previous projections, recent reports indicate that ad spending fell by 12% in 2009. As expected, traditional media took the biggest hit. The rate of spending increased in late 2009 indicating that spending may be returning in 2010. It’s going to be an interesting year…
For the first time, digital ad spending is projected to surpass print. This is a major shift in the media landscape that indicates a change in marketing priorities, with implications for all advertisers.
More 3-D cinema ads are just around the corner.
Nearly 14,000 movie theaters operated by the three largest chains are set to install digital projection systems from Digital Cinema Implementation Partners, a joint venture of AMC Entertainment, Cinemark Holdings and Regal Entertainment Group. The three chains formed DCIP to deploy digital projection systems at movie theaters in the U.S. and Canada.
The rollout of the digital screens was made possible by $660 million of new financing, DCIP announced yesterday.
The number of theaters that could handle 3-D technology has limited 3-D cinema advertising. Screenvision aired the first 3-D ad for Wrigley last May for five weeks in more than 400 theaters. By the end of the year, only 7,736 theaters had digital projectors, per the Motion Picture Association of America.
With more film studios producing 3-D films, theaters are gearing up to attract moviegoers and lure advertisers with a new way to promote brands.
National CineMedia will premiere its first 3-D spot April 2, placed by Starcom MediaVest Group for Samsung Electronics to promote a 3-D LED TV. The ad, running through July, will play in select movie theaters in the NCM Cinema Network, which includes the three DCIP chains.
The Samsung 30-second 3-D spot, entitled “Wonder-full,” was created by Leo Burnett and asks the viewer, “Ever wonder how amazing it would be to experience life in another dimension?” In addition to cinema, the ad will also appear on TV.
“Samsung has long been an innovator in cinema advertising, so working together with them on the launch of their first 3-D campaign was a great opportunity,” said Cliff Marks, NCM Media Networks’ president of sales and marketing. “3-D is just the latest arrow in the quiver for marketers to use to engage movie audiences; it will be exciting to see how exceptional brands like Samsung continue to evolve creatively in our larger-than-life medium.”
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