According to recent data and analysis from CMR/TNS Media Intelligence, ad spending for the first three quarters of 2002 totaled $84.4 billion, compared to $82.6 billion for the same timeframe in 2001. This year-over-year growth is attributable to several key factors: the elections, the strong upfront sales and a rebound from the September 11 tragedy, when more than $300 million in spending was lost in the television market.
George Shababb, senior vice president CMR/TNS Media Intelligence, says, "We estimate that ad spending for 2002 will reach the 2.5 percent growth forecasted earlier in the year."
Ad Spending by Media ($x000) | Jan - Sept 2001 | Jan- Sept 2002 | % Change |
Newspapers (local) | $13,375,314.61 | $14,387,875.61 | 7.57% |
Network TV | $13,425,449.60 | $14,374,020.00 | 7.07% |
Spot TV | $10,501,918.66 | $12,041,496.02 | 14.66% |
Consumer Magazines | $11,926,800.70 | $11,759,225.35 | -1.41% |
Cable TV | $7,757,505.19 | $7,682,008.80 | -0.97% |
B2B Magazines | $6,433,244.48 | $5,313,734.14 | -17.40% |
Local Radio2 | $3,946,237.41 | $4,322,820.46 | 9.54% |
Internet3 | $4,589,600.50 | $3,755,545.70 | -18.17% |
Syndication-National | $2,405,628.75 | $2,122,062.86 | -11.79% |
National Newspapers | $2,183,015.63 | $2,111,574.46 | -3.27% |
Outdoor | $1,856,241.90 | $1,785,488.25 (e) | -3.81% (e) |
National Spot Radio | $1,613,491.66 | $1,712,164.08 (e) | 6.12% (e) |
Spanish Lang. Netwrk TV | $1,131,537.70 | $1,420,567.80 | 25.54% |
Sunday Magazines | $815,571.09 | $896,871.13 | 9.97% |
Network Radio | $622,172.37 | $711,255.48 | 14.32% |
Source: CMR/TNS Media Intelligence (e) = Estimate
General Motors Corp. remains the top ad spender for the first three quarters of 2002, even though spending by the auto maker rose a modest 1.8 percent.
Top Ten Ad Spenders ($x000) Company | Jan - Sept 2001 | Jan - Sept 2002 | % Change |
General Motors Corp | $1,539,571.50 | $1,567,943.41 | 1.84% |
Procter & Gamble Co | $1,237,611.77 | $1,500,172.34 | 21.22% |
AOL Time Warner Inc | $1,033,723.81 | $1,060,460.70 | 2.59% |
Ford Motor Co | $928,470.63 | $1,006,252.04 | 8.38% |
DaimlerChrysler AG | $956,051.25 | $841,050.31 | -12.03% |
Johnson & Johnson | $686,259.72 | $790,949.90 | 15.26% |
Philip Morris Cos Inc | $933,358.92 | $772,837.98 | -17.20% |
Walt Disney Co | $713,566.36 | $750,814.87 | 5.22% |
Verizon Communications | $534,125.53 | $731,403.82 | 36.93% |
Pfizer Inc | $597,338.73 | $688,614.66 | 15.28% |
Source: CMR/TNS Media Intelligence Total ad spending figures by company do not include expenditures for National Spot Radio, Outdoor, Local Radio and Internet