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Thursday, 23 May 2013 18:31 |
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The U.S., China and Japan were the world’s biggest digital out-of-home markets last year, according to new research from PQ Media – but Russia, the UK and India were the fastest-growing.
Of a global DOOH market worth a little under $8bn, around $2bn derived from the U.S., $1.7bn from China, and $800m from Japan.
Rapid growth in China from 2007 through to the first half of 2012 saw it approaching the U.S. figure to the point where PQ had expected it might secure top place, especially thanks to a second year of deceleration in U.S. growth. But China’s ascendancy then slowed down markedly in the second half of the year.
Chinese growth was outshadowed, too, by leaps of around 26 percent in both Russia and Britain, aided by the arrival of new proof-of-play technology in Russia, and by the combined effects of Olympics-related advertising and the development of digital media on transportation networks in Britain.
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Last Updated on Thursday, 23 May 2013 19:01 |
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Wednesday, 24 April 2013 19:02 |
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Outdoor was the second-fastest-growing advertising medium worldwide during 2012, according to the latest figures from Nielsen.
The research firm’s data shows Internet advertising developing most rapidly at around ten percent year-on-year, followed by outdoor, which recorded growth of almost eight percent. Our graphic shows the rise in total spend for each medium.
And outdoor, with 2.3 percent of overall spend, is still a little ahead of online in total value.
Cinema also did well, climbing each quarter, although its contribution to the total advertising pot is less than one percent.
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Last Updated on Thursday, 25 April 2013 13:58 |
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Thursday, 11 April 2013 15:19 |
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The Chinese digital out-of-home market could overtake the U.S. this year, one of the better-known research firms covering the sector has suggested.
PQ Media says that by last autumn China was heading toward 40 percent annual growth, likely to push it past $2bn revenue in 2012 and ahead of the American market – currently the world’s largest – during 2013.
About two thirds of revenue derived from place-based networks and the balance from digital billboards, the latter category growing slightly faster. Among the place-based operations, screens in corporate and healthcare premises were the most numerous, with transit and cinema also developing rapidly.
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Last Updated on Friday, 12 April 2013 15:36 |
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Monday, 11 March 2013 17:11 |
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Digital screens are taking over from printed banners on the streets of Kuala Lumpur and Penang in Malaysia.
Media owner Alunan Matrik has deployed the displays hanging from lampposts – branded as OOHM, for “out-of-home media” – with the approval of local authorities which are seeking to create urban environments described as “green, clean and digital”.
Updated via 3G wireless, they play the same ad simultaneously on every screen along a particular road.
Public service announcements can also be delivered via the displays.
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Last Updated on Monday, 11 March 2013 17:30 |
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Wednesday, 09 January 2013 18:58 |
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Chinese digital out-of-home giant Focus Media looks set to go private in the second quarter of this year after agreeing to a slightly modified version of an offer received last summer.
Network operator Focus will leave the U.S. NASDAQ market, where its shares are traded under the ticker symbol FMCN, after they are acquired by a consortium that includes chairman and CEO Jason Jiang as well as a group of investment firms such as The Carlyle Group and China’s Fosun International.
The composition of that group appears to have altered somewhat since the original offer was made.
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Last Updated on Wednesday, 09 January 2013 19:03 |
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