U.K. Adspend Forecast Downgraded
October 30, 2020
Analysis, Top Stories
The latest Advertising Association/WARC Expenditure Report has downgraded its 2021 forecast to a return-to-growth of 14.4 percent, which is lower than the 16.6 percent predicted in July.
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Advertising Association/WARC Expenditure Report
Citing broader macroeconomic concerns in the German-speaking region, ProSiebenSat.1 Group reported Q1 revenues of €816 million ($875 million), a 13 percent reduction on the same period last year.