ZenithOptimedia unveils Ad Expenditure Forecasts; says Internet will overtake magazines by 2010
ZenithOptimedia has released its first Advertising Expenditure Forecasts to 2010. The agency has predicted global ad expenditure to grow by 6.7 per cent in 2008. This figure is 5.3 per cent above this year, and the rise is credited to the Olympic Games, elections in the US, and European football tournament. Also in 2010, the Internet is likely to overtake magazines to become the world’s third-largest advertising medium.