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Regional Press Ad Revenue Grows
National display advertising revenue in the regional and local press has grown by 14.4% year on year to £55.5 million for the first quarter of this year, according to the Advertising Association’s latest survey. This is the highest growth the regional press industry has achieved in a decade.
It also outperforms TV (up 6.7%), national press (up 7.9%), magazines (up 6.3%) and radio (up 11.8%) in terms of national display. Only Outdoor outperformed the regional press with an increase of 23.4% to £107m.
The growth figures are echoed by Register-MEAL, which shows that January-June revenue for regional newspapers has grown by 16%. Key categories of growth include motors, with manufacturer spend up 120% to £10.1m and dealer spend up 26% to £20.5m. Mortgages expenditure grew by 26% while furniture retail rose 16% to over £35m.
| £Q1 96 (millions) | % share | £Q1 97 (millions) | % share | % change (£s) | % change (share) | |
|---|---|---|---|---|---|---|
| Regional Press National Display | 48.5 | 3.6 | 55.5 | 3.8 | 14.43 | 5.6 |
| Total National Press Display inc supps | 283.4 | 21 | 305.8 | 20.9 | 7.9 | -0.4 |
| Newspaper Display | 331.9 | 24.6 | 361.3 | 24.7 | 8.86 | 0.4 |
| Consumer Mags Display | 97.5 | 7.2 | 111.5 | 7.6 | 14.36 | 5.5 |
| Bus & Prof Mags Display | 150 | 11.1 | 151.5 | 10.3 | 1 | -6.8 |
| Total Magazine Display | 247.5 | 18.3 | 263 | 18 | 6.26 | -2 |
| Total Press National Display | 579.4 | 42.9 | 624.3 | 42.6 | 7.75 | -0.6 |
| TV | 647.4 | 47.9 | 691 | 47.2 | 6.73 | -1.5 |
| Outdoor & Transport | 86.7 | 6.4 | 107 | 7.3 | 23.41 | 13.9 |
| Radio (national) | 38.2 | 2.8 | 42.7 | 2.9 | 11.78 | 3.1 |
| Total National Display | 1351.7 | 100 | 1465 | 100 | 8.38 | – |
Overall for Quarter 1 there was an 8.3% year on year increase in ad spend to £1.465 million.
Source: Newspaper Society
