TV Ad Spending Up 0.3% in Q1Cable Gains, But Broadcast Networks Down in Period 6/25/2013 9:47 AM Eastern
Gains were recorded by cable TV, which was up 5.2%, and Spanish-language TV, which jumped 13.5%.
Syndication was off 1.1% and spot TV dropped 2.4%.
Overall, total advertising expenditures in the first quarter declined 0.1% to $20.2 billion from a year ago, according to Kantar. Magazines were up 0.6%, newspapers were down 4%, radio was down 1.7% and outdoor was up 4.3%.
Kantar has changed the way it measures online display advertising, so it wasn't included in this report.
"It has been a lackluster start for 2013, with flat year-over-year results due in part to strong 2012 growth caused by political and Olympic ad spending," Jon Swallen, chief research officer at Kantar Media North America, said in a statement. "Data from the early second quarter are mixed, suggesting marketers are still being cautious and conservative with ad budgets. However, there are some bright spots, including healthy growth for Hispanic media and outdoor."