Following the epic Australian Open finals this weekend, the next major sporting event is just around the corner to offer some welcome distraction from what else is happening in the world. When Super Bowl LI kicks off on Sunday, hundreds of millions of people around globe will be watching, enjoying the game, the show and everything that comes with it.
In the United States, Super Bowl TV viewership has risen sharply since the 1990s. For the past few years, it has been hovering around 110 million with the 2015 game setting an all-time U.S. television record at 114.4 million viewers. After a slight decline in viewership last year, this year’s Super Bowl is likely to beat the 2016 game, but can it break the record for the most-viewed TV program of all time?
Regardless of whether 110 or 115 million people will tune in, it’s numbers like these that explain why brands are willing to pay millions to advertise during the broadcast. After all, which company wouldn’t want its brand to be present at the biggest TV event of the year?
This chart shows how many people in the United States tune in to the Super Bowl every year.
When Super Bowl LI kicks off on February 5, the NFL championship won’t be the only title that’s on the line. With more than a hundred million viewers glued to the TV in the U.S. alone, marketers and advertisers will compete for the unofficial title “Most Memorable Super Bowl Spot”.
Since 2007, the average rate for a 30-second spot during the Super Bowl broadcast has risen from $2.4 million to $4.8 million, making it by far the most expensive time slot U.S. television has to offer – a 30-second spot during the Academy Award ceremony is less than half the price. It’s a price that brands are willing to pay though. Last year, Super Bowl TV ad spend in the U.S. amounted to $445 million when including pre- and post-game programming. According to Kantar Media that is roughly equivalent to the combined ad revenue of the four major broadcast networks in an average week.
In return for their investment, advertisers not only get a huge audience (111.9 million viewers in 2016) but an audience that sticks around: during the 2013 Super Bowl, only 0.7 percent of the audience tuned away during commercial breaks. The average tuneaway rate during regular TV programming is five times as high. Consumers tend to pay special attention to Super Bowl ads, as agencies typically try to honour the prestigious occasion with especially witty and often funny ads.
This chart shows TV ad rates during the TV broadcast of the Super Bowl in the United States from 2007 to 2016.