The television advertising market is forecast to grow by 11.7 percent in 2021, according to the latest figures from GroupM, though the industry is not expected to fully rebound until 2023.
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GroupM’s Motion Content Group has set up a new funding initiative to support projects that inspire positive change in areas such as diversity, equity, inclusion and sustainability.
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GroupM is now projecting global advertising revenues to be up by 19 percent this year, a "significant upward revision" of its December forecasts.
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Global ad revenues will be down by 5.8 percent this year, GroupM projects in its latest This Year, Next Year report, an improvement on the June forecast of an 11.9 percent drop in 2020.
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LOS ANGELES/NEW YORK/LONDON: ESP Properties, part of WPP's GroupM, has entered into a strategic partnership with Corbis Entertainment's Branded Entertainment Network (BEN).
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