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USA: Primetime TV ad sales grew 8% for next season 27 AUG 2024

Markets

USA: Primetime TV ad sales grew 8% for next season

Media Dynamics released preliminary estimates in advance of its annual upfront and CPM-CPP reports, revealing TV and streaming achieved sales for $29.5 billion.
Global advertising spend to top $1 trillion for first time in 2024/25 23 AUG 2024

Ad Sales

Global advertising spend to top $1 trillion for first time in 2024/25

A new study from WARC, experts in marketing effectiveness, has found that global advertising spending is on course to grow 10.5% this year to $1.07trn—the best performance in six years if the post-COVID recovery of 2021 (+27.9% year-on-year) is disregarded.
India has 547 million OTT users and 2.5 SVOD subscriptions per user 23 AUG 2024

Markets

India has 547 million OTT users and 2.5 SVOD subscriptions per user

Ormax Media’s annual report revealed the growth from 2023 to 2024 stands at 13.8%, which is comparable to the growth from 2022 to 2023 (13.5%).
Edgar Bronfman raises bid for Paramount takeover to USD 6 billion 22 AUG 2024

Corporate Moves

Edgar Bronfman raises bid for Paramount takeover to USD 6 billion

The competing offer for the home of Paramount Pictures, the CBS broadcast network and cable networks such as MTV threatens to undo a planned acquisition by tech scion David Ellison and his firm Skydance Media.
DICM 2024 to host global content industry leaders in november 22 AUG 2024

Trade Shows

DICM 2024 to host global content industry leaders in november

This year, DICM will feature a stellar lineup of exhibitors, buyers, and pavilions from over 50 countries, with more than 800 participants expected to attend.