When MSNBC's new slogan, "Lean Forward," became fodder for a Jon Stewart "Daily Show" skit last December, the folks at Mono, the small Minneapolis ad agency, figured they'd hit pay dirt.
As the creators of the "Lean Forward" brand for the cable news channel, the Mono team watched rivals Fox News and CNN respond with their own "forward" catchphrases -- "Move Forward" and "Moving Truth Forward," respectively.
All of which became fodder for Stewart's critical eye.
"We stirred the pot," replied Mono founder and managing partner Jim Scott.
What Mono does for MSNBC in terms of brand-building could speak volumes for the seven-year-old agency and mean big bucks for the cable news show, where audiences may skew older but are a reasonably affluent demographic that appeals to advertisers.
Currently, Fox News, with its conservative bent, is the clear leader among the three main cable news players with a 0.9 share. MSNBC and CNN sit with a 0.3 share. A 1.0-point share equals 1 million viewer impressions.
Overhead, particularly for Fox and MSNBC, is relatively low because their programming is talk-show heavy and, unlike CNN, doesn't require the expensive deployment of news crews throughout the world. That means moving market share even a fraction of a point translates into big dollars.
"Anytime a network rebrands itself, there are reasons behind it and at the end of the day it comes down to revenue for the network. [MSNBC is] trying to increase the audience so they can attempt to charge more for advertising," said Noah Everist, broadcast supervisor for Compass Point Media, the media buying arm of the Minneapolis agency Campbell Mithun.