Even the Olympics are no-longer must-see TV
Even the Olympics can’t overcome the shifting media consumption habits . . .
So far, NBC isn’t delivering the audience it promised advertisers who spent more than $1.2 billion for commercials during the 17-day event. Of particular concern is a roughly 30% drop among viewers age 18-34, a demographic advertisers pay a premium to reach. The lower-than-expected ratings show that even an institution as big as the Olympics isn’t immune to changing media consumption habits and the abundance of choice viewers have on television and online.
Source: NBC’s Ratings for Rio Olympics Fall Behind London – WSJ