Donald W. Reynolds National Center For Business Journalism

Two Minute Tips

NBC’s Peter Pan Live flies into big profits

December 1, 2014

Share this article:

Share on twitter
Share on facebook
Share on linkedin
Share on email

“You can fly!”… if you have enough money.

After the success of last year’s live The Sound of Music special, NBC is back with its effort to revive the one-night live musical tradition. On Thursday night, it is attempting a live version of Peter Pan, starring Christopher Walken and Allison Williams. (If you were watching TV on Thanksgiving Eve, NBC aired a “Making of” special, previewing what’s in store).

One way NBC is able to pull off these big live events is by charging advertisers some hefty fees. It is reportedly asking between $350,000 and $400,000 per commercial. In return, the ad buyers get lots of eyeballs. Last year 18.5 million people watched The Sound of Music live, and 22 million tuned in later. 

Last year, the network did custom ads for Walmart that were integrated with songs from the show. It is unclear if they are doing that again this year, but Walmart is a major sponsor of the event, as some recent posts from the official NBC Facebook page make abundantly clear:

  •  “John, Wendy & Michael: Meet the Darling family in #PeterPanLive presented by Walmart. Join us Dec 4 at 8/7c!”
  •  “Walmart presents a once in a lifetime once upon a time experience… #PeterPanLive! Be there Thurs, Dec 4 at 8/7c!”

And Walmart is also cashing in by selling an exclusive version of the show that comes with a CD of the music. It’s already available for preorder.

Even if they skip the integrated ads, be prepared to see more commercials for Walmart than you do Lost Boys.

This on the heels of last week’s Macy’s day parade (which also aired on NBC), which I couldn’t help but notice is one gigantic parade of advertisements cleverly disguised as brightly colored floats, each with a corporate sponsor.

The Broadway spots are essentially short promos trying to get people to come see their shows, and even the legendary balloons are trying to sell something. Kids definitely see Toothless the dragon sailing down the streets of Manhattan and then beg to watch How to Train Your Dragon 2.

So, Is This Show Business, Or Is It Business? I say definitely business. Sure, it is a nice holiday tradition to have a live musical, but NBC wouldn’t be doing it if it didn’t bring in big bucks.

Story Ideas

Walmart’s Integrated Commercials 

Repeats of Sound of Music making profit

NBC Charging Sponsors $350K 

Macy’s parade record ratings 

Angel Cohn is a freelance journalist who has written about entertainment and television for the last 15 years. She is currently an editor at NJFamily.com. Follow her on Twitter at @angelcohn.

More Like This...

Are moviegoers ready to come back?

After lengthy closures due to the COVID-19 pandemic, movie theaters are reopening in the nation’s biggest cities. On March 5 in New York City and March 15 in Los Angeles,

Drive-in movies: Back for the future?

For obvious reasons related to the pandemic, drive-in movie theaters started popping up all over the country. The concept of the drive-in fit well within the pandemic as people didn’t

Get Two Minute Tips For Business Journalism Delivered To Your Email Every Tuesday

Two Minute Tips

Every Tuesday we send out a quick-read email with tips for business journalism. Sign up now and get one Tuesday.