Pay television’s advertising revenue continues to rise
ASTRA has released figures showing that advertising on pay television has solid growth.
The announcement:
The Australian Subscription Television and Radio Association (ASTRA) today announced that Subscription TV (STV) net advertising revenues for the period 1 July to 31 December 2012 have increased by 7% from the previous corresponding period. The Ernst & Young report compiled for ASTRA found net advertising revenue of $227,711,984 for the period 1 July to 31 December 2012, with ad revenue for the full calendar year from January to December 2012 of $438,957,151 (revenue for previous calendar year of January to December 2011 was $393,638,778).