NEW YORK, March 23, 2021 (GLOBE NEWSWIRE) -- Steve Lanzano, president and CEO, TVB, released the following statement regarding the use of Live + 1 Day currency:

“Live + 1 Day is now the best representation of local viewership and with good reason – a significant amount of viewing happens after the same day window, and should be captured to ensure optimal results for advertisers. To demonstrate the benefits of Live + 1 currency, TVB examined the ratings lift for adults 25-54 with Live + 1 over Live + Same Day, for the week of 2/14/21. Findings show:

Lanzano added, “Live +1 is now the best local surrogate for national’s use of C3 ratings/impressions and best captures local audience viewing across all demos and dayparts. It’s crucial that broadcasters and their agency partners move forward with the use of Live + 1 to optimize local ad transactions.”

Kathy Doyle, EVP, Local Investment, for MAGNA Global concurs, commenting, “In 2018, MAGNA made the decision to move all local TV impressions to the Live +1 currency (moving from Live + Same Day).  We made this decision based on our own research and a statement issued by the 4As. As the rate of change continues to accelerate in the industry, we are constantly evaluating currency and applying our learnings to consumer habits and statistical accuracy. We strongly advocate for the use of Live +1 as currency for local TV.”

About TVB

TVB is the not-for-profit trade association representing America’s local broadcast television industry. For more information, visit www.tvb.org.

CONTACT INFORMATION:
DiGennaro Communications
Anna Wilgan
201.421.5847
anna.wilgan@digennaro-usa.com

TVB
Abby Auerbach
212-891-2279
abby@tvb.org