US radio advertising revenue is forecast to grow by 5.3% in 2003, with national advertising continuing to out-pace local, according to analysts at Merrill Lynch. This is an outperformance of the broader advertising market forecast, for which Merrill predicts 4.0% growth, and is a slight increase on the 5.2% 2003 growth that the broker forecast… Continue reading US Radio Advertising Set For 5.3% Growth In 2003, Says Merrill Lynch
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Advertising page volumes in the business-to-business (B2B) hi-tech publishing market decreased by 15.6% in November, according to the latest figures from United Business Media’s (UBM) CMP Media. Within this market, CMP saw a decrease in its volumes of 9.9%. In the calendar year to November, the sector’s ad volumes dropped by 31.6%, whilst CMP fell… Continue reading Hi-Tech Publishing Market Ad Volumes Fall 16% In November
Online advertising spending growth will outpace growth in total US media spend in 2003, according to a white paper from eMarketer. The Media Spending Outlook produced in conjunction with the Interactive Advertising Bureau (IAB) predicts that overall ad expenditure will increase by 4.7% next year. This estimate is in line with a number of recent… Continue reading Online Media Helps To Fuel Ad Recovery
Marketing spend is expected to rise in most major countries next year, according to a new report from the French advertising group Havas. The study produced in conjunction with the London Business School has predicted that expenditure in the UK will grow 5.3% next year after a 4.2% rise in 2002. Above-the-line advertising (press, television,… Continue reading Marketing Budgets To Rise In 2003, Says Study
US business-to-business (B2B) advertising spend decreased by 9% in October, whilst advertising page volumes decreased by 10.6%, according to the latest figures from American Business Media (ABM). This is an improvement in the rate of decline, with overall growth this year standing at -16.7%; pages are down by 16.9% in the calendar year. “In spite… Continue reading Decline Eases Slightly In US B2B Advertising
US advertising will grow by 1.6% in 2002, leading the global ad industry out of two years of decline, according to a consensus of recent advertising forecasts. Growth is then expected to rise to around 3.6% in 2003, hit 4.2% in 2004 and fall back to 3.7% in 2005. These averages were taken from the… Continue reading Insight Analysis: US Advertising Forecast Comparisons
Total US magazine advertising revenue increased 12.6% year on year during November to close at $1.8 billion, according to the latest data from the Publishers Information Bureau (PIB). The number of advertising pages for November was 24,317, up 6.9% on last year. In the year-to-date, ad revenue rose by 3.3% to $15.1 billion, whilst page… Continue reading US Magazines Show Strongest Advertising This Year In November
US media spending in national and local media accelerated at a much faster pace in the third and fourth quarters of 2002, generating an overall growth rate of 2.5%, says the latest data from Jack Myers Report (JMR). “Strong performance in virtually all media sectors, especially driven by continued growth of electronic media and a… Continue reading Myers Is Positive Over US Adspend, 2.8% 2003 Growth Predicted
In a busy week of forecasts, Universal McCann has offered the most optimistic prognosis yet for the ailing ad market. Robert Coen, the agency’s venerable advertising prophet, is predicting that US adspend will increase by 5.3% to $249.3 billion in 2003. This compares with the 1.9% growth forecast by Zenith Optimedia (see Zenith Optimedia Predicts… Continue reading Universal McCann Expert Upbeat On Ad Prospects
The consensus of a number of the most recent advertising forecasts puts 2002 global growth at 0.2%, rising to 3.4% in 2003. This is a notable upgrade on the previous consensus, as compiled by MediaTelINSIGHT in September (see Insight Analysis: Global And Regional Advertising Forecasts Comparisons). These figures are compiled from an average of the… Continue reading Insight Analysis: Global And Regional Advertising Forecast Comparisons
