| New York, NY, June 12, 2007 –
Total U.S. advertising spending is expected to increase 1.7 percent
in 2007 to $152.3 billion, according to the full-year forecast released
today by TNS Media Intelligence, the leading provider of strategic
advertising and marketing information. This is a downward revision
from the company’s prior forecast of 2.6 percent growth issued
in January.
The first half of 2007 is projected to advance by just 1.2 percent
while the second half of the year is expected to post a gain of
2.3 percent.
“The advertising market has moved onto a slower track than
we thought possible just six months ago,” said Steven J. Fredericks,
president and Chief Executive Officer, TNS Media Intelligence. “We
expect the overall pace of activity will pick up slightly in the
second half of the year. However, it still appears that total measured
expenditures will post their smallest annual gain since the 2001
advertising recession as marketers continue to incrementally scale
back their allocations to off-line media in favor of less expensive
digital alternatives,” added Fredericks.
2007 TOTAL AD EXPENDITURES1
GROWTH ESTIMATES
|
Source: TNS Media Intelligence
1 Defined as all TNS MI measured media, including: Network TV;
Spot TV; Cable TV; Syndication TV; Hispanic Network TV; Consumer Magazines;
Sunday Magazines; Local Magazines; Hispanic Magazines; Business-to-Business
Magazines; Local Newspapers; National Newspapers; Hispanic Newspapers;
Network Radio; National Spot Radio; Local Radio; Internet; Outdoor;
and FSI’s.
TNS Media Intelligence 2007 Forecast – 2
Internet display advertising is projected to lead the market with
16.0 percent growth in 2007. Outdoor spending is expected to rise
by 4.6 percent versus 2006 with Consumer and Sunday Magazines right
behind at 4.5 percent.
The TV market is expected to turn in mixed results. Cable Network
TV is forecasted to advance by 5.9 percent. Network TV expenditures
are expected to increase by just 1.3 percent and Spot TV spending
is expected to decline by 5.5 percent.
The outlook for newspaper ad spending, which accounts for over
17 percent of total ad volume, is a drop of 2.9 percent. Small declines
are also projected for Radio (-0.3 percent) and Business-to-Business
Magazines (-1.5 percent).
2007 ADVERTISING EXPENDITURE
GROWTH ESTIMATES BY MEDIUM
(Ranked By Growth Rate)
|
Source: TNS Media Intelligence
1. Internet display advertising only
2. Spanish Language Media consists of Hispanic Network TV; Hispanic
Spot TV; Hispanic Magazines; and Hispanic Newspapers
3. Radio consists of Local Radio; National Spot Radio; and Network
Radio
4. Newspapers consists of Local Newspapers and National Newspapers
5. Spot TV estimates do not include Hispanic Spot TV
About TNS Media Intelligence
Established in 23 countries with more than 16,000 customers, TNS
Media Intelligence is part of the TNS Group, ranked #2 worldwide
in marketing information. TNS Media Intelligence monitors 3 million
brands worldwide across a multitude of media, including TV, radio,
print, Internet, cinema and outdoor. The company offers a full range
of insights and analyses, including the tracking of advertising
expenditures and advertising creative, as well as news and social
media monitoring and sports sponsorship evaluation.
In the U.S., TNS Media Intelligence is the leading provider of strategic
advertising intelligence to advertising agencies, advertisers, and
media properties. The company's tracking technologies collect advertising
expenditure and occurrence data, as well as select creative executions,
for more than 2.8 million brands across 20 media in North America.
The U.S. headquarters are in New York City with sales locations
in major markets throughout the United States. www.tns-mi.com
About TNS
TNS is a global market insight and information group.
Our strategic goal is to be recognized as the global leader in
delivering value-added information and insights that help our clients
to make more effective decisions.
As industry thought leaders, our people deliver innovative thinking
and excellent service to global organizations and local clients
worldwide. We work in partnership with our clients, meeting their
needs for high-quality information, analysis and foresight across
our network of over 70 countries.
We are the world’s foremost provider of custom research and
analysis, combining in-depth industry sector understanding with
world-class expertise in the areas of new product development, segmentation
and positioning research, brand and advertising research and stakeholder
management. We are a major supplier of consumer panel, media intelligence
and internet, TV and radio audience measurement services.
TNS is the sixth sense of business.
www.tns-global.com
|