Amazon Ad Outlook Upgraded By Billions

Citing a “noticeable uptick in enthusiasm for Amazon’s ad business,” Wall Street securities firm BMO Capital Markets upgraded its outlook for Amazon’s ad revenues for the fourth quarter of 2018, as well as full years 2019 and 2020.

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Online spend rockets to record £7.2bn

Advertisers splashed out a record £7.2bn on digital advertising last year (up 14% YoY) as they looked to tap into the growing number of digital consumers, with the average household now owning 7.4 internet devices. Video advertising spend rocketed 43% to £442m in 2014 – just five years ago this was £53m.Read more at Marketing Magazine

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UK adspend to hit £20bn for first time in 2015

The figures predict adspend will rise by 5.5 per cent this year and a further 6.5 per cent in 2015. The forecast is the latest from the Advertising Association/Warc Expenditure Report. It states that UK adspend reached £17.9 million in 2013, up 3.9 per cent on the previous year, with mobile advertising climbing by 95 […]

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