Ad Spending Falls 14.2% Overall in Q1 09. 25% fall in Newspapers
Posted on June 26, 2009 by Mediabids
This from TNS Media Intelligence:
Total measured advertising expenditures in the first quarter of 2009 plunged 14.2% vs. a year ago, to $30.18 billion, according to data released today by TNS Media Intelligence. This plunge followed a 9.2% decline in Q408 as the advertising recession accelerated into the new year.
Ad Spending by Medium
Local media suffered most, with aggregate expenditures sinking 25.4% in Q109, TNS said. The rate of decline was similar across Spot TV (-27.5%), Local Newspapers (-25.1%) and Local Radio (-26.8%). Each of these segments was severely affected by deep spending cutbacks in core categories such as automotive, retail and local services.
For national media, combined ad spending fell 8.5% vs. a year ago. Within this segment, performance was sharply defined along the lines of print vs. TV vs. online.
National Newspapers (-28.5%), B2B Magazines (-25.5%), Consumer Magazines (-19.2%) and other print media were clustered together in terms of their percentage decreases as their revenue declines were driven by fewer ad pages, according to the data.
Read the full story here.
Tagged newspapers mediabids magazines decline television print revenue advertising
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