Comcast Is Now the Country's Second-Biggest Advertiser -- by One Measure at Least
Comcast Corp. clearly believes in advertising as a seller -- and a buyer. The nation's largest media company is now the second-largest U.S. ad spender, at least by one measure.
Comcast vaulted to No. 2 in U.S. measured-media ad spending last year after boosting measured spending 9.7% to $1.7 billion, according to WPP's Kantar Media, which tracks ad spending. That's up from the company's fifth-place showing the year before.
By Kantar's tally, Comcast last year ranked behind only perennial leader Procter & Gamble, whose 2012 measured-media spending in the U.S. totaled $2.8 billion.
It's not clear yet where Comcast will rank in Ad Age DataCenter's next 100 Leading National Advertisers report on June 24. The annual Ad Age ranking takes into account both measured media (such as TV, magazine ads and internet display ads) and unmeasured spending (including direct marketing, promotion and some unmeasured forms of digital media).
Comcast boosted 2012 ad spending for both its NBC Universal unit -- which includes NBC itself, cable networks and Universal Pictures -- and its Xfinity cable services.
Comcast previously said its worldwide advertising, marketing and promotion spending last year totaled $4.8 billion, up 9.6% on an estimated pro forma basis and factoring in the January 2011 purchase of a 51% stake in NBC Universal, according to Ad Age DataCenter. Comcast this month expects to complete the acquisition of General Electric's remaining 49% stake in NBC Universal.
P&G, GM and Verizon all cut their 2012 U.S. measured ad spending, according to Kantar Media. P&G and GM increased their stated 2012 worldwide ad spending; neither company breaks out U.S. ad spending. Verizon reduced its stated 2012 ad spending.
The one sure bet in Ad Age's upcoming LNA report: P&G once again will rank as the top U.S. ad spender.
The No. 2 LNA ranking is up for grabs. Comcast has a shot at that spot, but heavy unmeasured spending also could put GM or possibly AT&T into the second spot, according to early calculations by Ad Age DataCenter.