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Top Stories

U.K. Adspend Rose 9 Percent in 2022

On the heels of an 8.8 percent increase in 2022 to reach £34.8 billion ($43.5 billion), the U.K. advertising market is expected to be flat this year, inching up to £35 billion ($43.8 billion), before returning to growth in 2024, according to new data from the Advertising Association/WARC Expenditure Report.

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Revenues Drop 7 Percent at ProSiebenSat.1

Citing broader macroeconomic forces in its German-speaking markets, ProSiebenSat.1 Group reported 2022 revenues of €4.2 billion ($4.6 billion), a 7.4 percent reduction on 2021, with adjusted net income dropping 17.4 percent to €301 million ($332 million).

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