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| News |
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| June 24,
2003 |
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TNS
Media Intelligence/CMR Forecasts 4.3 Percent Rise in U.S. Advertising Spending
for2003
Midyear forecast released at AdWatch: Outlook 2003 Conference |
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| NEW YORK, June 24, 2003 - Advertising
spending is expected to rise 4.3 percent to $124.7 billion1, according
to the mid-year forecast released this morning at AdWatch: Outlook
2003™ by TNS Media Intelligence/CMR, the leading provider of
strategic advertising and marketing communications information. AdWatch:
Outlook 2003™, presented by TNS Media Intelligence/CMR and
Advertising Age is the premier industry event that offers an unparalleled
perspective on the future of advertising, marketing and media. This
one-day conference began earlier today in New York City.
"The first quarter for this year came in very strong at 4.9%
with spending totaling $28.4 billion - this robust spending is likely
a precursor for the rest of the year," said Steven Fredericks,
president and CEO of TNS Media Intelligence/CMR. "Even without
the peaks found in years where Olympic spending and presidential
election activity buoy overall spending, 2003 is expected to continue
the sustained growth we've tracked since the third quarter of 2002."
The first half of 2003 is forecasted to show a growth rate of 4.7%,
with a growth rate of 4.0% expected for the second half of the year.
Key trends that impact this healthy advertising outlook include;
the strong upfront season, the continued rise of Hispanic media
spending, the active political environment and the steady growth
in new brand spending.
2003 Quarterly Growth Trends
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| First Half 2003 |
4.7% (e) |
| 1st Quarter 2003 |
4.90% |
| 2nd Quarter 2003 |
4.4% (e) |
| Second Half 2003 |
4.0% (e) |
| 3rd Quarter 2003 |
2.5% (e) |
| 4th Quarter 2003 |
5.2% (e) |
| Full Year 2003 |
4.3% (e) |
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| All TNS Media Intelligence/CMR measured media
are expected to show growth for 2003. The forecasted increase of
16.9 percent in ad spending for Spanish Language Network TV is consistent
with the overall upward trend for this dynamic consumer base. "Spending
in Spanish Language media has outpaced the overall marketplace for
the past four years," notes Steven Fredericks. "Advertisers
have taken a strong interest in the growing Hispanic demographic
and are aggressively targeting this marketplace."
Growth Estimates for 2003 by Individual Media
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| Spanish Language TV 2 |
16.90% |
| Syndication |
9.60% |
| Internet |
7.40% |
| Cable Network TV 5 |
7.20% |
| Consumer/Sunday Magazines |
5.40% |
| Radio (Network, Spot and Local) 4 |
4.90% |
| Business-to-Business Magazines 3 |
3.60% |
| Outdoor |
3.30% |
| Network TV |
2.80% |
| Newspaper (National and Local) |
2.10% |
| Spot TV |
1.80% |
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About TNS Media Intelligence/CMR
TNS Media Intelligence/CMR is the leading provider of strategic
advertising and marketing communications information - across media,
brand, industry and market. The company's tracking technologies
collect occurrence and expenditure data, as well as the creative
executions of more than 1.7 million brands spanning 16 media. TNS
Media Intelligence/CMR is headquartered in New York City and maintains
sales locations in major markets throughout the United States.
Within the TNS organization, TNS Media Intelligence/CMR is a key
member of the Media Intelligence sector - dedicated to providing
worldwide tracking, analysis, evaluation and consultative services
for the media and marketing communities. TNS Media Intelligence
is the market leader in the U.S. and France, with significant operations
in Europe and Asia. For further information, visit www.tnsmi-cmr.com.
About TNS
TNS is one of the world's leading market information groups, providing
market measurement, analysis, insight and advice in more than 110
countries. Working with national and multi-national organizations,
TNS helps its clients develop effective business strategies and
enhance relationships with their customers. Further information
on TNS can be found on www.tns-global.com.
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