Ad market set to grow in October after 11 months of decline, says SMI

The media agency-funded ad market is set to return to growth in October, according to Standard Media Index (SMI), a positive sign in the face of recent market weakness.

The Australian ad market has experienced 11 consecutive months of decline, and in the 2018/19 financial year, the ad market was down for the first time in six years due to an “unprecedented number of negative events”.

The total market forecast slide (Click to enlarge)

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