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Broadcaster Alliances Tout Power of TV

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Marking World Television Day today, the European Broadcasting Union (EBU), the Association of Commercial Television in Europe (ACT) and egta, the association of television and radio sales houses, are touting the continued strength of the medium across the globe.

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GroupM: U.K. Ad Investments to Hit £18.8 Billion in 2017

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Despite the short-term effect of the EU referendum, U.K. advertising is set to see the eighth successive year of growth, up from 6.3 percent to 7.2 percent for 2016, according to GroupM. The firm predicts a rise from 5.8 percent to 7.2 percent for 2017. This increase in spending takes the industry to an investment of £18.8 billion ($23.6 billion) in 2017.

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