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"Broadcasters want their TVB," said the 4/17/03 Broadcasting & Cable Daily Fax. "They came in droves to the Television Bureau of Advertising's annual conference in New York Tuesday." That's for sure. TVB'03 attracted 1,097 registrants, a 44% increase over the previous year. The attendees heard Jim Press, chief operating officer of Toyota Motor Sales, say that "there are some short-term issues due to the war, a tight job market and the high cost of gasoline, but we are seeing an easing as the year goes forward." He also said that "we believe in the power of TV" and that since Toyota didn't utilize 0%-financing, "we can spend more on ads." On the other hand, Donny Deutsch, chairman and CEO of Deutsch Inc., which represents Mitsubishi, among others, said to expect four more years of downturn and doldrums. But, he added, "for brand folks, TV is king." Reach jittery consumers with messages of comfort, he said, with a little bit of escapism and with "dumb fun." Michael Antecol, director of online research, Frank N. Magid Associates, released consumer research indicating viewers were not bothered by advertising during wartime and that there was pent-up postwar buying power. Among the other big names on the program were David Barrett, president and CEO, Hearst-Argyle Television; Andy Fisher, president, Cox Television; Dennis FitzSimons, president and CEO of the Tribune Company; Irwin Gotlieb, chairman and CEO, MindShare; Steve Herson, president/general manager, Telerep; Steve Mosko, president, Sony Pictures Television; David Poltrack, evp/research and planning, CBS Television; Tim Russert, Washington bureau chief, NBC News; David Verklin, CEO, Carat North America; and Tony Vinciquerra, president and CEO, Fox Networks Group. The following week's Broadcasting & Cable editorial neatly summed up the excitement generated by TVB'03 and we reproduce it below in its entirety. Below the editorial, you will find links to material released at the conference as well as coverage by other leading trade publications.
Click here for the Magid survey of consumer attitudes. Click here for the Media Comparisons Study. Click here for the address of Jim Press, EVP and COO, of Toyota Motor Sales. Click here to view galleries of conference
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Television Week: Mediaweek: |
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