MagnaGlobal: TV & Online Remain Growth Drivers Amid Slow Ad Recovery
NEW YORK: MagnaGlobal has revised its U.S. Media Owners Advertising Revenue Forecast, now predicting 2.9 percent growth next year, down from an earlier forecast of 4.8 percent growth. The 2011 forecast remains unchanged at 1.6 percent growth, still predicting media suppliers to generate $173.5 billion in ad revenues this year. MagnaGlobal says that the slowdown …
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