The Upfront ritual began in 1962 when ABC presented its upcoming slate to Madison Avenue; it still handles roughly half of U.S. national TV spend. An Adweek round-up of 2024 market shifts says ad-supported tiers on Prime Video, Disney+, and Netflix widened inventory and tempered CPMs.
Deals trade cash for audience guarantees: Advertisers lock CPMs, and networks guarantee GRPs under Nielsen C3/C7 or emerging cross-platform currencies, issuing make-goods if ratings miss.
Supply shocks move pricing: Strike-shortened scripted slates have diverted spend to live sports, while new CTV inventory has widened options and pressured linear CPMs.
Industry executives emphasise that high-reach live sports and tent-pole events - typically secured through Upfront buys - remain “extraordinary platforms” for marketers, sustaining demand for linear packages even amid CTV growth.
Networks can deploy audience demand insights - such as heat maps from TV Demand - to defend rates and evidence incremental reach across platforms.
Scatter and "second fronts" fragment the buying calendar, yet Upfront commitments still convert future audiences into guaranteed cash months before any ads air.
Why It Matters:
Locked-in commitments stabilise cash flow and set CPM benchmarks months ahead of delivery. Sellers can use TV Demand to showcase audience momentum and defend pricing.