Digital Advertising is Driving Growth of Traditional Media

Jack Myers, 11/23/10

Traditional advertising investments in television, print, radio and out-of-home are projected to grow only 1.8% but digital advertising investments in these media will grow by an estimated 28%, spurring total 3.6% growth in traditional media categories, according to Jack Myers Media Business Report’s Media Vision 2020: Media, Advertising and Marketing Economic Health Report 2010-2020. The Report projects total 2010 U.S. marketing communications and advertising investments will grow 3.2% to $601.5 billion. The full report is available to Jack Myers subscribers. The newly recalibrated data includes 57 media and marketing categories and, for the first time in any advertising analysis, breaks down digital and traditional investments for 14 traditional media and marketing categories.

Consumer print magazine advertising is projected to increase 1.0%, but magazine publishers’ digital advertising is estimated to increase 8.5% to nearly one billion dollars, driving magazine publishers’ combined growth to 1.4%.

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