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.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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

Oil ends week lower on China demand fears
Undoing the 5G monopoly
KL Metro to build RM1.6bil five-star resort in PD
Picking up speed
PETRONAS reaches FID on Pengerang biorefinery
Market bulls looking for new technology leaders
China to resort to consumer stimulus
GAMUDA AI ACADEMY SET TO BE GAME-CHANGER
ESG reporting standards must be elevated
Fed rate-cut outlook limits forex volatility

Others Also Read