Outdoor ad revenue up 1.1% in third quarter

The outdoor industry has returned to growth in Q3, posting a 1.1% increase in revenue, according to the latest figures from the Outdoor Media Centre (OMC).

Kellogg: one of the 10 biggest outdoor advertisers this quarter
Kellogg: one of the 10 biggest outdoor advertisers this quarter

During the period from July to September 2011 revenues reached £214.4m, up on the second quarter revenues of £208.9m, which represented a 1.2% drop on quarter one.

Despite this one setback, six out of the last seven quarters have now recorded positive growth.

Mike Baker, chief executive of the Outdoor Media Centre, said: "It's good to be back in positive territory again.

"We are seeing numerous advertisers returning after a period of hiatus, and also more advertisers spending more in outdoor. For example 140 advertisers now spend more than a million in the medium, five more than last year."

The 10 biggest outdoor advertisers this quarter were BSkyB, McDonalds, Kellogg's, Coca-Cola, Everything Everywhere, Entertainment Films, Kentucky Fried Chicken, O2, 20th Century Fox, and Vodafone.

Categories that spent more in the third quarter of i2011 compared to 2010 included entertainment, telecoms, motors, retail, government, clothing and business and industrial.

Digital out-of-home revenues were up 29% to £30.6m for the quarter, which the OMC said reflected "new investment in digital and the conversion of traditional sites to digital in rail, airport, subway and retail environments."

Digital now makes up 14.3% of all outdoor revenue, and more than half the OMC members now offer digital screens as part of their portfolio.

Transport (chiefly subway, rail and airport) made up 50% of digital revenues, while roadside (typically large format LED billboards and spectaculars) achieved 28%, and the retail and leisure sector (including malls, gyms and other venues) took 22%.

Follow Mark Banham on Twitter @Banham72

Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

Waitrose boosts content strategy with 'Weekend Kitchen with Waitrose' C4 tie-up

Waitrose boosts content strategy with 'Weekend Kitchen with Waitrose' C4 tie-up

Waitrose has joined forces with Channel 4 and produced a Saturday morning lifestyle and cookery programme called 'Weekend Kitchen with Waitrose', with TV presenters Lisa Snowdon and Steve Jones signed up to front it.

Share
Newspaper ABCs: Guardian smashes through 100m browsers in March 2014

Newspaper ABCs: Guardian smashes through 100m browsers in March 2014

The Guardian reached more than 100 million monthly unique browsers for the first time in March, according to Audit Bureau of Circulations figures published today.

Share
Toyota achieves the impossible by calming angry Roman drivers

Toyota achieves the impossible by calming angry Roman drivers

Italians swearing and shouting while sitting behind the wheels of their cars and negotiating the busy streets of Rome could become a thing of the past if they all start driving Toyota's Hybrid vehicles, implies a short film for the car brand.

Share

Get news by email