Advertising industry set to recover this year


KUALA LUMPUR: The advertising revenue of media owners in the country is forecast to increase by 15.4% to RM5.1bil this year after experiencing a contraction of 20% last year, according to global media investment and intelligence company Magna.

It added that in this environment, the linear advertising revenue is set to increase by 10.8% to reach 44% of total advertiser budgets for the year. Linear advertising refers to a systematic schedule in which adverts are designed to run for a specific time on a particular medium.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Advertising , recover , Magna , Fan Chen Yip , TV , media ,

   

Next In Business News

Ancom Nylex to remain vigilant in managing risks
Call for developers to rethink urban planning
IHH Healthcare to add 300 beds in next 3-5 years
T7 Global gets earnings boost from Hibiscus deal
PM: CPTPP a critical vehicle to expand investment
Sustained job flows to propel building industry
Pricing mechanism key
Singapore chip-gear maker GVT says AI boom far from over
VS Industry poised to enter earnings growth cycle
Bintai Kinden regularisation plan gets nod

Others Also Read