U.K.-based Warc, the marketing researching service, projects advertising spending to now rise 2.3%, due to concerns in the U.S. and China markets. It had projected a 4.8% growth, an estimate made in December.
In 2015, the U.S. will grow 1.4% and China will grow 9.0%, Russia will sink 13.1%. The biggest mover upward will be India, growing 16.1%.
The U.S. will continue to command the greatest share at 36.9%, followed by China at 19.3%; Japan with 8.9%; the UK at 5.6%; Germany at 5.5%, and Brazil and India each with 5.2%.
Worldwide TV advertising spending is forecast to drop 1.9% in 2015, but to rise 2.5% in 2016.
Internet advertising spending will continue to make sharp gains -- 16.1% and 12.9% this year and next. Warc says the Internet will become the largest medium for advertising in 2016. The Net is already the biggest ad platform in 6 of 12 major markets.
Magazines and newspapers will continue to suffer -- declining by 10.4% and 9.2% this year, respectively, and 7.4% and 5.8% in 2016.
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Wayne,
Must I say something about what appears to be Press Release journalism?
Of course! Please correct me if I am missing anything here.
The Internet: So much money; So little accountability; So few distinctions.
Is the Internet a medium or a collection of media
that we have failed to differentiate effectively?
Has there ever been such a wide gap between reality and imagination
wrapped in illusions ...especially when it comes to the difference
between ad media performance and ad media measurement?
So when TV and Radio Programs are carried to the Public through Internet connections regardless of form (e.g., Broadband, DSL, 4G, etc.)
is that transmission classidied as Internet Advertising
if the audience sees the Broadcast or Cable TV Ads
or hears the Broadcast Radio Spots
on their laptops, iPhone or iPads, for example?????
I guess what I assume to be a WARC Press Release
did not disclose the answers to these critical questions.
Sloppy data, even in the assumed WARC Press Release, would be a disservice to all persons exposed to the only thing that I can see that is really Internet Advertising: PR.
The Illlusion of Technology has come to pass...
unless this press mess is cleaned up and the reality is filtered out of the data sewage.
"Enquiring minds want to know."
Regards,
Nick
Quite right, Nick. The Internet----I assume that means "digital media"----is not even close to becoming the top medium for branding advertising and wont be a contender for that "honor" for many years. I wish we would start making that very important distinction when citing releases on this particular subject. Take out the search, classifieds, direct response, sales service and all of the other non-branding ad dollars and you delete most of the ad spending on "The Internet".
As always, Ed, so well expressed. Wisdom and precison.
Thank you for expressing what I meant with clarity, care and intelligence.
So much for me to learn.
Peace,
Nick
Wayne,
Instead of addressing the critical issues raised about this report in the comments since July 22, your editors run this Wednesday AM story as Thursday AM lead.
That's irressponsible.
It doesn't get better with repetition.
It gets worse.
Your readers deserve better or nothing.
Spot the Press Release Journalism! #StopPressReleaseJournalism
Nick
Cc MediaPost,Editor-in-Chief
Wayne,
You could have at least have provided helpful links as you often do. Why not now?
If you won't, I will.
First, this must be your prime source...the press release: http://www.warc.com/news/default.aspx?ID=35130
Second, I got the actual report for free by going here:
http://content.warc.com/read-warcs-international-ad-forecast-15-16
Now, we're all on the same, I think. If I am mistaken, please let us know.
Time for some analysis, interpretation and technical criticism? Hope so!
Still waiting ...
Nick
Dear Wayne,
Ignoring me will not work.
I shall not leave the "dialogue" until ready.
You're not the boss of me.
Remember, I am not now
nor have I ever been ... .
Peace,
Nick
Still here.
Not losing interest in the issue
or
Hope for you!