Private Frazer’s Doomed Magazines

June 24, 2009

We’re saved! (Or may be not)

Filed under: Recession — privatefraser @ 5:55 pm

Group M don’t half churn out the reports don’t they? Their latest effort gets the big headline “GroupM forecasts modest global ad recovery next year” in Media Week – but the key word here is ‘global’.

Western Europe’s advertising is forecast to be down 11.1% this year and down a further 3.5% in 2010.

And remember that this is for all advertising. How many of you are only down 11% year on year?

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