The China Mail - Super Bowl 2023 ad pageant: Beer is in, crypto is out

USD -
AED 3.672504
AFN 64.000368
ALL 82.087167
AMD 368.450607
ANG 1.790403
AOA 918.000367
ARS 1428.330353
AUD 1.418842
AWG 1.801525
AZN 1.70397
BAM 1.689603
BBD 2.013822
BDT 122.983888
BGN 1.69088
BHD 0.37683
BIF 2970.152477
BMD 1
BND 1.283746
BOB 6.909421
BRL 5.061504
BSD 0.99987
BTN 95.052482
BWP 13.460326
BYN 2.766446
BYR 19600
BZD 2.010971
CAD 1.39945
CDF 2295.000362
CHF 0.799521
CLF 0.022916
CLP 904.902596
CNY 6.771504
CNH 6.76346
COP 3492.894475
CRC 454.839964
CUC 1
CUP 26.5
CVE 95.257224
CZK 20.874704
DJF 178.057103
DKK 6.461104
DOP 58.710207
DZD 133.120816
EGP 51.846573
ERN 15
ETB 157.556391
EUR 0.863904
FJD 2.215904
FKP 0.745521
GBP 0.748195
GEL 2.65504
GGP 0.745521
GHS 11.098441
GIP 0.745521
GMD 73.000355
GNF 8759.016889
GTQ 7.622133
GYD 209.191828
HKD 7.83605
HNL 26.736642
HRK 6.513804
HTG 130.733014
HUF 304.250388
IDR 17779.3
ILS 2.92082
IMP 0.745521
INR 95.110504
IQD 1309.835428
IRR 1375877.503816
ISK 124.650386
JEP 0.745521
JMD 158.489914
JOD 0.70904
JPY 160.22504
KES 129.480368
KGS 87.450384
KHR 4017.105093
KMF 426.00035
KPW 900.00035
KRW 1518.020383
KWD 0.30848
KYD 0.833312
KZT 488.937843
LAK 22017.191482
LBP 89543.518639
LKR 335.207982
LRD 181.97918
LSL 16.286467
LTL 2.95274
LVL 0.60489
LYD 6.372943
MAD 9.260766
MDL 17.462745
MGA 4172.605935
MKD 53.254719
MMK 2099.254457
MNT 3578.100965
MOP 8.070062
MRU 39.65617
MUR 47.250378
MVR 15.460378
MWK 1733.834392
MXN 17.222904
MYR 4.057604
MZN 63.903729
NAD 16.286467
NGN 1360.503725
NIO 36.793227
NOK 9.513504
NPR 152.084143
NZD 1.715119
OMR 0.384251
PAB 0.99987
PEN 3.400458
PGK 4.378213
PHP 60.771038
PKR 278.191957
PLN 3.66995
PYG 6122.413719
QAR 3.65522
RON 4.526104
RSD 101.386549
RUB 72.4589
RWF 1468.359898
SAR 3.753804
SBD 8.045573
SCR 14.065224
SDG 600.503676
SEK 9.47869
SGD 1.284504
SHP 0.746601
SLE 24.650371
SLL 20969.503664
SOS 571.465595
SRD 37.509504
STD 20697.981008
STN 21.165392
SVC 8.74865
SYP 110.532098
SZL 16.273163
THB 32.873038
TJS 9.318906
TMT 3.51
TND 2.933437
TOP 2.40776
TRY 46.232504
TTD 6.791931
TWD 31.621504
TZS 2624.681439
UAH 44.803507
UGX 3749.298086
UYU 40.387024
UZS 11975.292644
VES 581.95784
VND 26310
VUV 119.415431
WST 2.743477
XAF 566.677033
XAG 0.014699
XAU 0.000237
XCD 2.70255
XCG 1.801996
XDR 0.704764
XOF 566.677033
XPF 103.027947
YER 238.603589
ZAR 16.31128
ZMK 9001.203584
ZMW 17.467928
ZWL 321.999592
  • CMSC

    -0.0200

    22.33

    -0.09%

  • CMSD

    -0.0400

    22.26

    -0.18%

  • BCE

    0.0200

    24.59

    +0.08%

  • RBGPF

    0.0000

    60.72

    0%

  • BTI

    0.9300

    62.32

    +1.49%

  • GSK

    0.1800

    53.04

    +0.34%

  • RIO

    1.7100

    105.35

    +1.62%

  • AZN

    -3.5300

    178.75

    -1.97%

  • BCC

    0.4800

    71.14

    +0.67%

  • JRI

    -0.0300

    12.8

    -0.23%

  • NGG

    0.3200

    81.84

    +0.39%

  • RELX

    0.6300

    33.74

    +1.87%

  • BP

    0.1000

    42.78

    +0.23%

  • VOD

    0.2700

    15.53

    +1.74%

  • RYCEF

    0.4600

    17.5

    +2.63%

Super Bowl 2023 ad pageant: Beer is in, crypto is out
Super Bowl 2023 ad pageant: Beer is in, crypto is out / Photo: © GETTY IMAGES NORTH AMERICA/AFP/File

Super Bowl 2023 ad pageant: Beer is in, crypto is out

After a starring role in last year's Super Bowl broadcast, cryptocurrency firms are expected to sit out the 2023 game.

Text size:

But the annual advertising extravaganza -- a kind of competition among marketers that runs parallel to the American football championship -- features an array of beer and car companies, along with other familiar brands like M&M's candies, which has been teasing its spot since last month.

This year's slate of commercials revives the cult hit "Breaking Bad," whose cast reunites to pitch PopCorners chips, as well as a collaboration between General Motors and Netflix that shows an electric car navigating "Squid Games" and other settings from streaming hits.

The spots garner top dollar, typically $6 or $7 million for 30 seconds of air time. That's roughly 10 times the cost of an ad during the 2022 World Cup match between the United States and Britain.

Last year's game generated $578 million in advertising revenues for NBC, up $143.8 million from the prior year's telecast, according to Kantar, a data analytics and brand consultancy.

This year's game is being telecast by Fox Sports.

"It's a lot of money for a media spot," said Derek Rucker, a marketing professor at Northwestern University. But "where else can you get 100 million people to see an ad at the same time?"

The ads have become such as big component of the game in the United States that among "a massive number of people, you have consumers who actively watch and discuss the commercials" at gatherings, Rucker said.

- Keeping it light -

Held each year in the dead of winter, "Super Bowl Sunday" marks an occasion for families and friends to gather for several hours of competition, revelry and entertainment.

This year's game will be between the Kansas City Chiefs and the Philadelphia Eagles. As always, the show includes A-list half-time entertainment, this time headlined by Rihanna.

Over-the-top ads are an old tradition and include such epochal spots as Ridley Scott's minute-long commercial for Apple in 1984 announcing the Macintosh computer.

The spot, which features a female athlete smashing a screen showing a "Big Brother" figure, riffs on the famous novel by George Orwell, concluding with a vow that the computer's arrival will show "why 1984 won't be like '1984.'"

This year's most anticipated commercial may be for M&M's, which began tiptoeing into the US cultural wars a few weeks ago.

On January 24, M&M's, which is owned by Mars, announced it was freezing a publicity drive featuring cartoon mascots of the colored candies after the campaign was criticized as "woke" by US conservatives because of stylistic changes, such as the introduction of a purple character, a color associated with the LGBTQ community.

M&M's announced an "indefinite pause" of the "spokescandies" and unveiled a new brand ambassador -- the popular comedian Maya Rudolph -- in a shift that was timed perfectly for grabbing public attention ahead of a splashy Super Bowl ad.

Andrew Frank, an analyst at Gartner, does not expect politically controversial ads this year, predicting brands will navigate carefully in a divided country where strident messages can backfire.

"The antidote to backlash is humor, keeping it light," Frank said. "I think they would like to deescalate all of the toxicity around culture wars and things like that."

- Beer bash -

Last year's game featured several prominent spots on the emerging cryptocurrency market, led by the then-titan FTX and its founder Samuel Bankman-Fried.

Since then, FTX has collapsed and Bankman-Fried has been indicted for fraud.

The fall of FTX and Bankman-Fried has created "an appropriate time for them to take a pause," Frank said.

Countering that loss of advertising, broadcaster Fox can count on revenues from a wider range of beer companies following the expiration of a longstanding exclusivity deal with Anheuser-Busch, the owner of the Budweiser brand.

Frank expects most spots will go after "leisure spending with lighthearted messages of escapist entertainment," he said.

The aim is to "impart a sense that everything is okay and that you don't need to be so frugal about your discretionary spending."

B.Carter--ThChM