May 24, 2013
Business-to-business (B2B) media and information industry revenues reached $25.5 billion in 2012, representing 3.4% growth from $24.7 billion in 2011, details the Association of Business Media (ABM) in its latest Business Information Network Report. The industry posted slightly higher revenues in the second half of the year ($13.1 billion) than the first ($12.4 billion), as growth stood at 1.3% overall when adjusted for inflation. While inflation-adjusted revenues have grown for at least a couple of years now, they still haven't recovered to 2008's high of $28.7 billion. Read more »
May 22, 2013
Some consumers are noticing brands' attempts to promote their social presences in advertising, with some media channels more likely to elicit a response than others, according to [pdf] results from a Burst Media survey of more than 2,500 US online adults. Respondents reported being most likely to notice brand-related social accounts in online banner ads (27.2%), but a relatively high number also notice them in TV (24.1%) and print (21.1%) ads. Among those who recall brands promoting their social assets in digital ads, about 6 in 10 say the efforts are very (29.4%) or somewhat (31.6%) effective in prompting social interaction with those brands. A similar percentage (58.7%) feel the same way about social cues in TV ads. Read more »
May 21, 2013
What kind of social behaviors do local media fans exhibit on Facebook and Twitter? It depends on the medium, says TVB [pdf] in a study conducted in conjunction with Colligent, that combines Nielsen Media Research and Kantar Media data with social media behaviors. The "Cultural Currency" study analyzes the social media behaviors of 167 million Facebook and Twitter users across a range of legacy media, finding that overall, local broadcast TV viewers tend to be most heavily engaged socially with their stations. For advertisers, understanding how social behaviors vary among fans of various local media is an important consideration when crafting social calls to action to accompany their local media buys. Read more »
May 15, 2013
Senior executives from around the world aren't that enthusiastic about social media marketing, according to new figures released by Doremus and the Financial Times from their annual "Decision Dynamics" survey. 51% of respondents feel that advertising in social media is more intrusive than advertising in a magazine or newspaper, while only one-third believe that a social media presence enhances a company's reputation. The study results indicate that, in general, while executives are embracing online and mobile activities, they're not doing so at the expense of traditional media. Read more »
May 9, 2013
B2B publishers, especially larger publishers with more than $5M in annual revenues, continue to have difficulty diversifying their revenue sources away from print advertising, finds FOLIO: magazine in its latest annual B2B CEO survey. Print advertising was the dominant source of revenue for the larger publishers last year, at 48% share, which actually represents a small increase from 47% in 2011. E-media (20% from 17%) and events (17% from 14%) are the only other sources contributing double-digit share of revenues. Read more »
May 7, 2013
The US advertising market is quite heavily affected by political spending and the Olympics (P&O), with TV particularly influenced by cyclical P&O spending, according to [download page] the latest forecast from MAGNA GLOBAL. The researcher estimates that ad spending on core media will inch forward by 0.4% this year, but that growth is a more robust 2.4% when excluding P&O revenues. That disparity also means that TV revenues will decline by 2.8% this year, but otherwise be up by 1.9% when excluding the P&O impact. Next year, when P&O spending is back in play, the advertising market will rebound, growing by 5.9%, and fueled by an 8.9% expansion in TV revenues. Read more »
April 29, 2013
By 2015, the internet should account for 23.4% of global ad spending, details Zenith Optimedia in a new forecast. That's up more than 5% points from last year's 18%, and comes at the expense of almost all traditional media, none of which are slated to see any growth in share of spending. TV's share will remain flat, at about 40%, as will cinema's (at just 0.6%), but newspapers, magazines, radio, and outdoor will see varying levels of declining share. Print, as expected, will be hardest hit: newspapers and magazines are the only media forecast to see a decline in expenditures. Read more »
April 19, 2013
Traditional media continue to dominate global advertising spending, and most show no signs of falling off for the time being, according to new data released by Nielsen. TV, which commands the lion's share of global ad budgets, saw a 4.3% increase in expenditures for the year, reaching $350 billion. Cinema, radio, and outdoor saw growth rate above the 3.2% overall average, up 5.8%, 6.1%, and 7.7%, respectively. And while magazines (-1.6%) and newspapers (-0.2%) saw slight declines in spending, they still accounted for more than one-quarter of global spending. Read more »
April 18, 2013
An online survey of 5,000 US adults, conducted by Nielsen on behalf of the Newspaper Association of America (NAA), reveals that respondents rate newspapers (in print and on the internet) as the most effective advertising source among various media. The study measured advertising effectiveness across various metrics, with print newspapers coming out on top overall, ahead of radio, internet, and TV. Breaking the media types down into different segments, the local paper topped the ratings for likelihood to purchase and propensity to notice ads. Read more »
April 12, 2013
Consumer magazine ad revenue (print only) grew by 0.5% year-over-year in Q1 2013 to reach $4.13 billion, according to recent data from the Association of Magazine Media (MPA). While ad revenue for Sunday magazines declined by 3.7%, that was not enough to offset the increase for consumer magazines, leading to overall ad revenue edging up by 0.2%. The increase came despite pronounced ad page declines of 4.8% for consumer magazines and 8.2% for Sunday magazines. Read more »