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Coming soon to a screen near you: your favourite car brand

February 21, 2013 12:20
Seesaw Media’s Darryl Collis

ByCandice Krieger, Candice Krieger

4 min read

Advertisers, and companies alike, take heed; product placement is set to soar this year. The format - paying for brands to appear on screen – has already been adopted by the film, and more recently, television world, but industry experts predict it will really take off this year.

The trend, which is already quite widespread in films where there have been no opposing laws, has been gaining momentum since it was first allowed on television screens in 2011.

Last year, Nick Price, who chaired the Producers Alliance for Cinema and Television (PACT) working group that lobbied the government to allow product placement in the UK and is head of MPG Media Contacts, said that the product placement market is estimated to worth up to £120 million –- around three per cent of the TV spot - over the next five-to-six years, as reported in Marketing Week. The global market is valued at around $3 billion.

Such figures are likely to be welcomed by Darryl Collis, who runs arguably the most successful product placement agency in the UK.