Many can be counted among 'Idol' rich

Who will be singing a happy tune after "American Idol" finishes its fifth season Wednesday? A simpler question might be: Who won't be?

"American Idol's" impact is far-reaching. It could be argued that no television program in U.S. history — from "The Honeymooners" to "Seinfeld" — has spread its riches to such a diverse group.

Among the winners:

News Corp. — The parent company of the Fox Network is ecstatic that "American Idol" is attracting 30 million viewers per show. Driven partly by the success of "Idol" in reaching younger viewers coveted by marketers, Fox ad revenue is expected to rise 12 percent to about $1.8 billion this year, according to a report by Merrill Lynch analyst Jessica Reif Cohen. Meanwhile ABC ad revenues are projected to rise 7 percent and CBS 1 percent, while NBC drops about 3 percent, according to Cohen. (MSNBC.com is a joint venture of NBC Universal and Microsoft.)

Wednesday's season finale is expected to bring in about $1.3 million for a 30-second spot, compared with about $560,000 for a typical ad on a hit show like "Desperate Housewives."

Since last fall News Corp. stock has arisen from a slumber to rise more than 30 percent to almost $20 a share, near a 52-week high. Of the top 10 shows in the first week of the crucial May sweeps, “American Idol” was No. 1 — and No. 2, based on the Tuesday and Wednesday episodes, ahead of No. 3, CBS' "CSI: Crime Scene Investigation." Though it is hard to measure, Fox's other shows no doubt have benefited from their promotion during the widely watched "American Idol" episodes.

Music industry — The days of Michael Jackson and Madonna — when record companies could hitch their wagon to a universally popular star — seem to be on the wane. Enter “American Idol.” It has helped propel the careers of not only pop stars but also country stars like Carrie Underwood, whose “Some Hearts” compact disc has sold millions of copies.

Not only that, the Fox show has helped give new life to aging pop giants like Queen and Rod Stewart, who have enjoyed soaring album sales after "Idol" appearances.

"What a deal for the record companies," said Derek Reisfield, a consultant who advised Paula Abdul when the show was launching and who has also advised EMI Music. "I can't imagine what it would cost to buy the time on TV with the reach 'American Idol' is getting. The great ratings and demographics are hard to come by.”

U.S. companies — Specifically Cingular, Coke and Ford. The advent of Tivo has left advertisers struggling to get their message across, especially to the key market of viewers aged 18-49. Viewers can't avoid the product placements in “American Idol,” from the Coke cups strategically placed in front of judges to the use of Cingular Wireless for audience votes. (More than 40 million Cingular text messages relating to "American Idol" were sent last season.)

Ford Motor Co., in attempt to bolster its down-in-the-dumps business, is turning to one-time Idol star Kelly Clarkson and counting on her singing voice to captivate viewers once again, this time to promote the automaker's new slogan, “Bold Moves.”

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