media recession

Global ad spend flat; Middle East to grow 11.2% in 2009

Thu, 2008-12-18 06:01 - By  

It is now clear that the ad market is in the middle of a sharp downturn that began in Q3 2008 and accelerated in Q4. ZenithOptimedia has reduced its forecast for adspend growth in 2009 from 4.0% to -0.2% as the fallout from the financial crisis has spread throughout the real economies of the developed world.


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