Companies still willing to pay for product placement, even in a film criticizing product placement

Watch television or movies and it is not hard to find examples of product placement (some more obvious than others). But even with the negative attention this draws, companies are still willing to pay for it even when their placement is in a film criticizing product placement:

Though the film takes an all-out jab at this advertising trend, advertisers are on board. Morgan Spurlock’s “POM Wonderful Presents: The Greatest Movie Ever Sold,” opens Friday, and it’s the real deal.

Among the companies that participated, Chicago-based Hyatt Hotels Corp. paid $700,000 to “sponsor” the film, knowing it was buying into a documentary devoted to how stupid and awkward product placement can be. (Nearly every interview in the movie takes place at a Sheetz gas station where every beverage other than POM Wonderful is blurred.)…

“There are more and more attempts to avoid the commercial break,” said James Pokrywczynski, associate professor at the Diederich College of Communication at Marquette University in Milwaukee. “We use the remote control to change channels, we DVR shows or edit out the commercials or fast-forward through them.”

As a result, spending for product placements in TV, film, Internet and video games more than tripled between 2004 and 2009, from $1.1 billion to $3.6 billion, according to Stamford, Conn.-based media research firm PQ Media.

In the long run, the companies will take the negative attention as long as a media outlet puts their product in front of people. This seems to go along with the idea that “all publicity is good publicity.” And with more organizations looking for money, like Chicago being willing to have corporate sponsors for CTA stops, even this new film won’t be able to stop the trend.

Just out of curiosity, I would be interested in knowing the sales figures of the new Kindle with a cheaper price due to “special offers.”

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