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Media Buyers: Ad Growth Forecasts ‘Too Optimistic’

In a recent Media Life poll on media spending in 2006, media buyers and planners expressed the most concern about magazines. A clear majority, 61.8 percent, believe that ad page growth forecasts for 2006 have been “way too optimistic,” Media Life writes. Only 14.5 percent believe magazine ad pages will rebound next year. However, 45 percent feel that business titles will rebound, and 25 percent believe the same about personal finance titles.

Half of respondents believe newspaper erosion will continue, but at a slow pace. But with internet spending expected to grow 20 to 25 percent next year, 44.4 percent of respondents believe the money for internet advertising will come from newspaper budgets.

Only 3.7 percent of respondents see the increased spending online coming from larger budgets. Most said budgets are simply divided differently.

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Study: Radio Hosts Promote Getting Drunk

Radio stations in the U.K. reacted with outrage when they learned of a report by researchers from the University of the West of England which accused them of promoting excessive drinking.

The study looked at 1,200 hours of radio output,…

Print read more like this »

GM, Chrysler Extend Incentives, Boost Slipping Sales

General Motors posted sales of 308,817 vehicles in August. That’s a drop of 20 percent from August of last year - but 31 percent better than July.

In order to boost sales as much as possible during a time when…

Outdoor read more like this »

OOH Golf Net Launches in 100 Retail Spots

A new digital out-of-home network to reach golfers is launching to 100 retail locations in the next two months. The network will be available in Dunham’s Sporting Goods, Golf Etc., Golf USA, Pro Golf, and ParMasters, among others.

The Golf…

Television read more like this »

Fox Says ‘Fringe’ Viewers Pay Attention to Lack of Ads

Fox says that viewers’ attention to commercials is higher when fewer commercials are aired. The revelation comes as a result of testing the network has done for its freshman thriller, Fringe, which will premiere Sept. 9 with limited commercials and shorter…

Interactive read more like this »

Global Mobile Phone Sales to Grow 11% in 2008

Worldwide sales of mobile phones will reach 1.28 billion units in 2008 - up from 1.15 billion units in 2007 - an 11 percent increase from last year, according to Gartner, Inc - (via MarketingCharts).

While the mobile phone market is poised for…

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Even Wealthy Cut Spending as Inflation, Housing Concerns Intensify

Consumers in all income segments are cutting back spending, and doing so to a greater extent recently than at the beginning of the second quarter, according to a comScore study examining changes in consumer attitudes and perceptions about the U.S. economy…

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