The broadcast networks’ decision to leave about $2 billion in upfront money on the table and take their chances in the scatter market so far seems to be a good strategy, reports The Hollywood Reporter.
Buyers and sellers tell The Reporter that there’s been an early bump in spending for the fourth quarter, and prices are running about 5% to 8% higher than the upfront rates. Some buyers said they will wait another month, however, before making their moves.
–Elizabeth Jensen
Your Comment