Ad Spending Up 5.6% in 1Q
Advertising spending through the first quarter of 2006 rose 5.6 percent over the same period last year, due to gains across major media, according to Nielsen Monitor-Plus research.
Advertising spending increased in almost all reported media, led by Internet, Spanish-Language TV and Outdoor. The 2006 Winter Olympics in the first quarter contributed to the increase in Network TV spending, as nearly 1.1 billion dollars was spent during the games. A number of media showed healthy increases, while Coupon, Local Newspaper and Network Radio experienced slight declines. Business-to-Business magazine and Cable TV growth was almost flat.
Advertising through the first quarter for the top 10 companies reached $4.6 billion, up 11.4 percent compared to the same time last year. AT&T, Verizon Communications and General Electric had significant increases in year over year spending, up 76.5 percent, 46.1 percent and 54.4 percent, respectively. Most of AT&T’s spending was attributed to Internet Service and General Image campaigning, while Verizon increased dollars to its V-Cast Wireless Services and Business Services. General Electric increased spending for Universal Pictures and Universal Studios, as well as GE Healthcare.


