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Madison and Wall forecast $397 billion in 2024 ad spend
The U.S. advertising industry experienced a robust 9.6% growth rate in Q2 2024, marking the third consecutive quarter of around 10% growth, according to a study from renowned analyst firm Madison and Wall.
Total U.S. advertising spend is expected to hit $397 billion in 2024 — $16 billion of this is attributed to “political and issue advertising”— but the positive comparisons with last year are expected to fade as the year progresses.
“This impressive performance is attributed not just to a healthy economy but also to ‘easy comparables’ from the previous year,” according to the report authors, who based their observations on the aggregated results of publicly listed digital platforms and media owners.
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The Bull Ad Market Will Soon Revert To Normal Growth Rates, Brian Wieser Predicts
The ad market is “healthy and maybe unsustainably strong” this year, according to Madison and Wall principal Brian Wieser’s latest report.
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OpenX CEO John Gentry On Why SSPs Don’t Deserve The Flack They Catch
OpenX would like people to stop thinking about supply-side platforms as “dumb pipes,” thank you very much. There may have been some truth to that notion five or six years ago, but SSPs – the larger ones, at least – have since been evolving to meet the changing needs of the digital advertising industry, said OpenX […]
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Scoop: IAB And MRC To Collaborate On Attention Measurement Accreditation
Here’s a sign attention measurement is reaching maturity: Certification is coming. The Media Rating Council (MRC) and the IAB’s Attention Measurement Task Force are launching a joint effort to accredit attention measurement vendors. The IAB announced the initiative in a memo sent to task force members last week that was shared with AdExchanger. The initiative […]
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The Deal With Demand Gen; The Brokerages Might Be Broken
Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. By Unpopular Demand Last year, Google launched a product it calls Demand Gen. It’s cast from the same mold as Performance Max, in that Demand Gen is a black box controlled by Google’s machine learning algorithms. In terms of functionality, however, it more […]
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Bluesky Adds Over 2M Users As X Is Banned In Brazil
previous weekend, with downloads in Brazil up by over 1 million percent, app intelligence firm Appfigures shows.