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SMI Data: Agency Bookings For February Showed Promise Prior To CV-19's Arrival
April 2, 2020
The Australian media agency market has reported a lower decline in February, suggesting the market was beginning to stabilise before the COVID 19 crisis further...
Out-of-home advertising rises in 2019 despite a tough market
January 21, 2020
Revenue for out-of-home increased by 1.5% to $935.5 million on net media revenue for 2019.
The results are up from $921.3 million for 2018. However, the fourth quarter for 201...
Early SMI: The ad spend canary missed the santa rally
January 17, 2020
Early numbers from the SMI (Standard Media Index) indicate the ad spend canary failed to liftoff again in December.
An expected strong Christmas adve...
The Australian media agency market reported softer November advertising demand, dropping 11% to close the 15th month in a row of negative growth.
The pre-Christmas santa rally...
AdNews spoke to industry players by sector to get their predictions and outlook for Australia's advertising industry in 2020.
The year was challenging with ad spend, as measured...
Prime vows to push on for Seven deal after it was blocked by 'bullies'
December 19, 2019
Prime Media Group chairman John Hartigan has accused billionaire Bruce Gordon and Australian Community Media boss Antony Catalano of being bullies and using the r...
The Santa retail advertising rally is missing in action
December 17, 2019
Advertising bookings were weak again across all media in November, according to early agency numbers collected by SMI (Standard Media Index).
The media agency bookings, as repor...
Ooh Media upgrades earnings forecast as bookings improve for Q4
December 4, 2019
Ooh Media released a statement to the Australian Stock Exchange (ASX) this morning, announcing it had improved its earnings forecast for FY19, with a rise in...
Ad spend back 8.5%, remains ‘unexpectedly weak’ in October
December 3, 2019
Despite some industry figures predicting the end of the year would see a turn for ad spend, October’s Standard Media Index (SMI) ad spend data shows total agency bookings were ba...
SCA makes mass redundancies to help combat ‘challenging and difficult market’
December 3, 2019
Southern Cross Austereo (SCA) has made about 90 people redundant this week as it battles tough market conditions.
Insiders suggest it isn’t the first round to hit the radio bu...