Media groups brace for further revenue falls after Brexit vote

The structural shift in the UK’s media industry has been exaggerated in recent months as advertisers held back on spending as they awaited the outcome of Britain’s referendum on membership of the European Union.

Now, with Britain having voted for a split with the EU investors and analysts are concerned that a reduction in consumer confidence will spark a recession, dealing a new blow to the advertising and creative sector.

For the full story read the FT

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