GroupM’s This Year Next Year forecast predicts strong continued ad growth, led by retail media and streaming TV. But much of the growth is being funnelled to just five Big Tech companies.
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GroupM’s president of global business intelligence breaks down the latest This Year Next Year report and why it presents optimism about digital-driven global adspend growth despite uncertain economic conditions.
UK traditional ad revenue will grow more modestly, but overall market growth of 11.2% will put it behind just the US and France.
Outgoing CEO Jon Steinberg highlighted the return to growth as an encouraging sign that Future’s growth acceleration strategy is beginning to pay off.
Deal covers UK and US, as well as Australia, Brazil, Canada, Italy and Mexico.
Host Jack Benjamin and editor-in-chief Omar Oakes unpack the biggest stories and themes in the world of media in 2024 and discuss uncertainties for what lies ahead.
Founder and current CEO Graham Brown will become executive chairman.
Ipsos has confirmed it is talks to purchase Kantar Media. Doing so would consolidate its control over TV ratings measurement for a supplier that already works with several JICs.
Appointment follows deals with Disney+ and YouTube, and three recent hires in the department.
The purchase strengthens Adwanted’s data division.