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The Week: Advertising news - Zenith rethinks on adspend.(ZenithOptimedia)(Brief article)

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| April 04, 2008 | COPYRIGHT 2008 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ZenithOptimedia has downgraded its 2008 growth forecast for adspend in Europe and North America from 4.4 per cent to 3.8 per cent because of the credit crunch.

Overall growth for the global advertising industry in 2008 has been adjusted from 6.7 per cent to 6.5 per cent, with spend expected to hit pounds 249 billion by the end of the year. The report adds that the emerging ...

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