Financial Times FT.com

Advertisers retain confidence in television

By Carlos Grande in London

Published: July 9 2006 16:07 | Last updated: July 9 2006 16:07

Many of the world’s biggest advertisers have ignored concerns about the waning power of the traditional television commercial and increased their spending on TV over the past five years.

Retailers, financial groups and telecoms operators – three of the five largest global advertising sectors – spent proportionately more of their advertising budgets on TV in 2005 than in 2001, according to ZenithOptimedia, a media buying group.

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