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Ad spend down 4.8% in October: ‘Market is well and truly leaving the COVID crisis behind’
December 2, 2020
The media agency-funded ad market was down just 4.8% in October – the lowest decline since September last year – in a development the Standard Media Index (SMI) said indicates...
SMI Data: Footy Grand Finals See Ad Spends Soar For October, As COVID Fears Subside
December 1, 2020
Australia’s media agency market is finally emerging from the COVID crisis, with the latest SMI data showing the market back just 4.8 per cent in October and the forward bookings...
Future demand for agency market spend is stengthening
December 1, 2020
Australia’s media Agency market is finally emerging from the COVID crisis, with the latest SMI data showing the market back just 4.8% in October, while radio was back by 17.1% fo...
Mumbrellacast: 2Day FM returns to talent, positive signs for ad spend, and TikTok’s Brett Armstrong
November 26, 2020
This week, the latest chapter in 2Day FM’s quest for a breakfast team that sticks continued, as it was announced that Hughesy and Ed would be shifting from drive to the morning,...
Seven West Media (ASX:SWM) revenues hit by covid-19
November 25, 2020
Seven West Media (SWM) has felt the impacts of COVID-19 over FY20, especially in its advertising market sector
The company's FY20 revenue dropped 14 per cent to approximately $1.2...
ARN CEO Ciaran David: No recovery yet but 'pockets of positivity' are out there
November 25, 2020
The advertising industry is slowly rebuilding after Australia’s coronavirus shutdown during the first half of the year, but ARN boss Ciaran Davis isn’t calling it a recovery fo...
22 redundancies at Ooh Media in response to Covid-19
November 25, 2020
After reporting a ‘significant downturn’ to the market in June and a significant restructure, outdoor media company Ooh Media has announced 22 redundancies across its business....
Early SMI - July ad spend continues slow climb out of COVID-19 hole
November 25, 2020
Media agency bookings for July in Australia indicate an improving trend since the depth of the economic fallout from COVID-19, say industry insiders.
Subscriber-only confidentia...
SMI to now publish product category spend for media owners
November 25, 2020
Standard Media Index (SMI), the advertising intelligence company that tracks monthly media agency-funded ad spend, is now publishing details of product category spend for all major...
oOh! Media asks staff to volunteer for pay cut extension
November 25, 2020
oOh! Media has asked staff to take a smaller pay cheque until the end of the year as the billboard company tries to cope with low demand from advertisers.
Employees at oOh! Medi...
Ad spend back 10.6% in March but newspaper bookings soar 30.2% in response to COVID-19
November 25, 2020
While the media agency-funded ad spend market dropped 10.6% in March, the 18th consecutive month of decline, newspaper bookings soared by 30.2% in response to COVID-19, according t...
ANALYSIS - The ‘remarkable’ rebound in the value of Australian media
November 25, 2020
The value of Australian media companies has surged on the ASX since the start of the financial year after dropping hard during the confidence-sapping depths of the coronavirus cris...
