The Guardian
topics

Digital Out-Of-Home Display Ads To Grow Strongly Despite Sluggish Market

One of the few silver linings in what could become an increasingly depressed advertising market - those animated digital displays you see on the Underground. Screen Digest reckons their share of out-of-home advertising expenditure could grow from the current 3.1 percent to 10 percent in 2012 in western Europe - that’s from £158 million to £626 million. It’s not hard to see why advertisers like the displays - nevermind targetability and behavioural tracking - digital displays make for animated billboards. “This growth will happen despite the sluggish advertising market in traditional media, including TV and the press,” researchers said. It’s a market driven by plummeting costs of flat-panel displays, something the industry says makes for more return on investment - those on Underground escalators run by CBS (NYSE: CBS) Outdoor can make three to 10 times more revenue than static ads. Still, the UK leads the way, with 34 percent of digital out-of-home ad sales.

Aug 21, 2008 3:28 AM ET
Share

Posted In: Advertising

Covering the UK’s Digital Media Economy | paidContent:UK Newsletter

Know something we don’t?

Send Us a News Tip

All tips are anonymous and untraced.

Sponsors

Contributors