Australian TV Ad Bookings Look Good for June -- Market Talk
Dow Jones
May 14
0000 GMT - Australian TV broadcasters' ad revenues appear to have been really solid in April and look pretty full for June, Jefferies analyst Roger Samuel tells clients in a note. Reporting on comments made in a Jefferies-hosted call with an independent media agency, Samuel says that spending related to this month's federal election helped support April ad demand. The agency expects May spending to be down by 1%-2% on a year earlier, but thinks that June is looking good. Samuel says that on-demand broadcast viewing has done extremely well, helped by sports streaming. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
May 13, 2025 20:00 ET (00:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.