Ooh Media set for growing focus from embattled rivals for ad revenue
Ooh Media could drive its reliance on digital to as high as 60% or more after hitting its target of 45% nearly two years ahead of schedule, said CEO Brendon Cook.
And the boss of the outdoor company, which is currently in the process of merging with rival APN Outdoor, has said the short term nature of digital coupled with the longer term nature of traditional outdoor was spreading the revenue load for the company compared to rivals for revenue such as TV and print.
Last week Seven Network said there had been some encouraging signs of advertisers taking a longer view, but this was followed a day later by a profit warning from Ten which said ad bookings were “extremely short”.
