Zenith expects TV ad market to fall in 2013
By Daniel Farey-Jones, campaignlive.co.uk, Monday, 03 December 2012 09:45AM
ZenithOptimedia has again cut its forecast for UK adspend growth and expects the TV market to contract 1% next year.
The Publicis Groupe media agency had previously forecast a flat 2013 for the UK’s biggest advertising medium, with 3.4% growth for the entire ad market.
It has also downgraded its 2013 overall market growth prediction to 2.5%, after trimming every medium except cinema.
This year’s growth has also been downgraded from 2.2% to 1.6%. The post-Olympic performance of press has been troubling, with a 10% drop in October, and the agency is now expecting the press market to drop 7.3% this year.
Digital is not unscathed, with its 2012 growth forecast reduced from 11% to 10.5% and 2013 reduced from 9.9% to 9.2%.
The agency said: "Video continues to be the major driver behind digital growth; in H1 2012 it was up 43% year on year.
"Social media continues to grow aggressively as well, but we are expecting Google to overtake Facebook to become the market leader in terms of revenue."
ZenithOptimedia's forecasts for 2013 growth: September 2012 vs December 2012
This article was first published on campaignlive.co.uk
- Digital Account Manager Tarsh Lazare Marketing Recruitment £29,000 - £37,000 + Benefits , London (Central), London (Greater)
- Research Director Tarsh Lazare Marketing Recruitment £50,000- £59,000 + Benefits, London (Central), London (Greater)
- Global Insight Manager, Digital Ball & Hoolahan £50,000 + Car/Car Allowance, London (Greater)
- Global Digital Analyst Ball & Hoolahan £60,000 per annum + Car/Car Allowance, London (Greater)
- Advertising Specialist Ball & Hoolahan £33,000 per annum , West Midlands Region
Agency: McCann Erickson
- Watch: The Post Office's first Christmas TV campaign in five years
- Tesco Clubcard uses Twitter to pick out Christmas gift ideas
- Samsung launches first Christmas TV campaign in the UK
- O2 launches 'walk' campaign with Ed Sheeran
- BBH London promotes Caroline Pay to deputy ECD
- ASA bans 'strongly sexual' Giffgaff ad