TV ad market faces dip after Brexit vote

The TV ad market is facing a drop of up to 5% in September and October as some advertisers put spending on hold because of uncertainty around Brexit.

TV ad market faces dip after Brexit vote

One sales source described the market as "slightly depressed" but "not horrific" as broadcasters seek "late money".

ITV has already warned that its revenues will be down by 5-10% in September compared with a year ago, when the Rugby World Cup gave it a fillip. However, Channel 4 is hoping its Paralympics coverage will shore up ad revenues.

Media buyers have differing views. Some say October could be down by as much as 10%, but others believe it will decline only slightly.

October and November are crucial months for broadcasters, when retailers launch their biggest campaigns of the year in the run-up to Christmas.

Before the Brexit result, forecasters had expected the TV market to be up 5% this year. It is now likely to be flat.

Topics

Market Reports

Get unprecedented new-business intelligence with access to 北京赛车pk10’s new Market Reports.

Find out more

Enjoying 北京赛车pk10’s content?

 Get unlimited access to 北京赛车pk10’s premium content for your whole company with a corporate licence.

Upgrade access

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an alert now

Partner content