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FYI

Media Beat: October 19, 2020

From Ad Contrarian Bob Hoffman’s latest newsletter

Media Beat: October 19, 2020

By David Farrell

From Ad Contrarian Bob Hoffman’s latest newsletter

We haven't heard much from the "TV Is Dead" imbeciles recently, so I thought a little update would be appropriate. First some background.


The concept that the TV-Is-Deadheads never quite seemed to understand is that there's a difference between consumer behaviour and industry shit fights. The fact that broadcast tv and cable tv and satellite tv and internet-delivered tv were fighting over share meant less than nothing to consumers. Consumers like to sit on their asses and watch television. That's all there is to know about the subject.

But the Deadheads saw the eroding share of broadcast tv and knee-jerked that into "TV Is Dying." Whether the signal gets to peoples' tv sets by electromagnetic waves, underground wires, satellite pulses, web streaming, carrier pigeons or rowboats is of no interest to them. As long as it's simple to use, entertaining, and cheap, they'll watch (Although advertising has become so horrible lately people are willing to pay way more than imagined to avoid it).

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Even in an environment in which streaming is gobbling up share, over the air broadcast is still dominating. According to Nielsen...

   - The average adult spent 4 hours and 30 minutes a day watching traditional tv in Q2 2020.
   - The average adult spent 1 hour and 6 minutes on streaming. The growth of streaming has been quite substantial and impressive, but it still constitutes only 25% of video viewing.
   - Remarkably, streaming services (Amazon Prime, Apple TV, Disney+, HBO, Hulu, and Sling) bought over a quarter billion dollars of ad time on traditional tv in the past 12 months to promote their products. That's gotta tell you something.

Regardless of who wins the internecine battle of delivery systems, one thing is clear. People love tv and reports of its death have been greatly exaggerated.    h/t Lara Bracken

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Doug Ford gives thumbs up to media in a question about covid being a hoax

And now, Jonathan Pie tells it like it is from the UK

Postmedia financials look bleak

A $21M federal wage subsidy program helped pump Postmedia’s balance sheet to a $13.5M profit in Q4, but its annual report saw its deficit increase to $16.2M as of Aug. 31, compared with $6.3M in fiscal 2019. Revenue, mostly from advertising, print circulation and digital services, dropped nearly 18 percent for the full year to $508.4M. – The Canadian Press

Former prostitute and Edmonton radio host makes film festival debut

Illusion: The Fear is the story of Valécia Pepin's harrowing struggle to free herself from the grip of her pimp, who attempts to reassert control. It had its debut at the Edmonton Short Film Festival on the weekend. – Andrea Huncar, CBC Edmonton

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Justin Bieber
Evan Paterakis
Justin Bieber
FYI

Justin Bieber's New Album 'Swag' Is Here

The Canadian pop star's seventh album dropped as a surprise today. Others releasing new music this week include Canadian/Kiwi roots star Tami Neilson, Toronto indie rock outfit Long Branch and Montreal indie rockers Karma Glider.

The Biebs is back!

A day after teasing a surprise album with an Instagram photo, pop superstar Justin Bieber has released Swag, his first album since Justice in 2021, via Def Jam Recordings.The 21-song opus, his seventh studio album, features collaborations with such songwriters and producers as Carter Lang, Dylan Wiggins, Dijon, mk.gee, Daniel Chetrit, Eddie Benjamin, Knox Fortune and more. Canadian R&B star Daniel Caesar, who was featured on the 2021 No. 1 hit "Peaches," is also credited as a writer and producer on the song "Devotion." Some of the album was recorded in Iceland in April. Streaming links here.

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