Despite the ongoing impact of tightened budgets, marketers haven’t been hesitant in their plans to show up for Super Bowl LVIII, which is scheduled for Feb. 11, 2024. CBS had nearly sold out of all its Super Bowl advertising inventory by the start of November, with a 30-second ad reportedly going for between $6.5 and $7 million. The reported price tag hasn't increased compared to the cost of an ad for 2023’s game, a possible reflection of the state of the TV advertising marketplace, which has been underwhelming.
Advertisers’ eagerness around the big game stems from the fact that consumer interest remains strong. The 2023 Super Bowl, broadcast by Fox, attracted a record-breaking audience of over 115 million viewers, up 2% from the year prior. The Super Bowl LVIII Halftime Show, which will be headlined by Usher, is sponsored by Apple Music for a second consecutive year following a decade-run by Pepsi.
It’s yet to be seen what will be the darling of marketers’ playbooks for the big game, or how new trends, particularly buzzy tech like generative artificial intelligence, could strike a balance with more traditional tactics like the use of celebrities. Super Bowl LVIII will be played at Allegiant Stadium in Las Vegas, a milestone that comes two decades after the city was banned from running Super Bowl campaigns, pointing to the ways sports betting has increasingly become a focal point of sports marketing.
During the lead-up to the big game, Marketing Dive will update this tracker with all of the brand announcements. Be sure to check in here for the latest news regarding advertising’s flashiest annual display.