Interpublic Group's Magna Global media unit has lowered its forecast for the global advertising economy, partly as a result of the slower-than-expected recovery by Western Europe economies. It now says the global advertising economy will grow 3.1% in 2013, less than its June prediction. ...Read the whole story
Top forecasters said Monday they expect modest ad-spending growth over the next few years. Global ad spending will pick up a little steam in the future, according to Publicis Groupe's ZenithOptimedia. Spending will climb from 4.1% growth in 2013 for a total of $518 billion to 5.6% growth in 2015, reaching $574 billion. ...Read the whole story
Out-of-home advertising revenues grew 4.4% to over $1.5 billion in the third quarter, up from around $1.4 billion in the same period of 2011, according to the Outdoor Advertising Association of America. McDonald's was the top advertiser in terms of out-of-home ad spending in the first nine months of 2012. ...Read the whole story
Nielsen TV ratings rival Rentrak this morning said the Media Rating Council has begun auditing its two main TV ratings services - TV Essentials and StationView Essentials - a first step toward industry accreditation. ...Read the whole story
If the politician's "fiscal cliff" isn't addressed, Pivotal worries the fall could result in a $9 billion revenue loss to media companies. ...Read the whole story
The Journal Register Co., which publishes 'The New Haven Register' and 'The Trentonian,' among other newspapers, has entered into a "stalking horse" purchase agreement that will allow it to begin an auction process. ...Read the whole story
DVRs have now made it into the majority of U.S. TV homes that have a multichannel programming service from a cable, satellite or telco company. ...Read the whole story
By one metric, newly acquired Los Angeles Lakers point guard Steve Nash has the greatest potential among NBA players as an endorser, according to Nielsen. ...Read the whole story
It's Beginning To Look A Lot Like MySpace
From: Mark Zuckerberg To: sherylsandberg@fbook.com Subject: potential benefits of Christmas Sandster, I saw the data on higher click-thrus 4th quarter. Kind of took me by ... ...More
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