Business Services Industry
Quick Hits; TNS/CMR reports 9.6% jump in Q1 ad spending.(Briefs)
B to B, June, 2004
Total U.S. ad spending reached $31.5 billion in the first quarter of the year, up 9.6% over the first quarter of 2003, according to TNS Media Intelligence/CMR. Growth was led by a surge in Internet spending, which increased 28.1% to $1.8 billion. The report found that increased Internet growth is a strong indicator that the medium has become an established part of the advertising media mix. Other media showing strong year-over-year growth included national syndication, up 16.7% to $947 million; cable TV, up 16.3% to $2.9 billion; and national newspapers, up 14.6% to $774 million. Industries driving the first-quarter growth included pharmaceuticals, automotive, motion picture and telecommunications.
Ziff Davis promotes Catalane to president
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