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                                                            <title><![CDATA[ March Madness Ad Sales to Jump by Double-Digits: Bogusz ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/march-madness-ad-revenue-jump-double-digits-bogusz-388743</link>
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                            <![CDATA[ March Madness Ad Sales to Jump by Double-Digits: Bogusz ]]>
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                                                                        <pubDate>Tue, 10 Mar 2015 18:45:00 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Content]]></category>
                                                                                                                    <dc:creator><![CDATA[ Mike Reynolds ]]></dc:creator>                                                                                                        <dc:description><![CDATA[ null ]]></dc:description>
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                                <figure class="van-image-figure pull-" data-bordeaux-image-check ><div class='image-full-width-wrapper'><div class='image-widthsetter' ><p class="vanilla-image-block" style="padding-top:56.25%;"><img id="T6rfxaUsF2VoByjQy6VG6X" name="" alt="" src="https://cdn.mos.cms.futurecdn.net/T6rfxaUsF2VoByjQy6VG6X.jpg" mos="https://cdn.mos.cms.futurecdn.net/T6rfxaUsF2VoByjQy6VG6X.jpg" align="" fullscreen="" width="" height="" attribution="" endorsement="" class="pull-"></p></div></div></figure><p>New York -- Although units remain available, pricing and volume have increased to the point where the upcoming version of March Madness should net a double-digit advance in revenue.</p><p>John Bogusz, executive vice president, sports sales and marketing at CBS, said the team at the broadcaster and partner Turner Broadcasting System are in a good place ahead of the tipoff of the 2015 NCAA Division I Men’s Basketball Championship across four national television networks – TBS, CBS, TNT and truTV – and NCAA March Madness Live. </p><p>Bogusz, in an interview here at NCAA Media Day, said the tourney is in a better position than at this stage in 2014. “We’re looking at a double-digit increase in revenue over last year” on the linear side, he said, while noting that streaming NCAA March Madness Live platform is sold out.</p><p>The veteran pegged price increases in “the mid-single digits and there has been more volume.”  </p><p>Last year, Kantar Media estimated that March Madness produced $1.13 billion from Madison Avenue, up 1.5% from the prior year.</p><p>When asked if “Kentucky premium” units were being held in reserve in case John Calipari’s 31-0 Wildcats (pictured) continue what could be men’s college basketball’s first undefeated season since Bobby Knight’s Indiana Hoosiers in 1975-76, Bogusz laughed. “We certainly want Kentucky to go far, but no, we are not holding units back for that,” he said, adding that inventory is still available throughout the event.</p><p>Bogusz said the tournament’s sales strength comes from the foundation of NCAA corporate champions and partners, which, with the addition of Microsoft’s Bing, now totals 18. All of these marketers  -- CBS and Turner own the NCAA’s marketing rights and sell sponsorships -- have schedules in the tournament and account for some 40% of inventory overall.</p><p>On top of this base, Bogusz said the marketplace has yielded a number of deals in the automotive, telecom and fast food categories. Without specifying, he also noted that all of the telecasts' enhancements/feature positions have been sold out.</p><p>According to Kantar Media, 30-second spots in last year's title tilt reached $1.49 million, up from $1.42 million in 2013.</p><p>Have commercials crossed the $1.5 million threshold for the national championship game from Lucas Oil Stadium in Indianapolis that will air on CBS on April 6?</p><p>“It’s a good number,” Bogusz smiled.</p>
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