Digital Now Bigger Than National TV Advertising

Magna Global issued a report on Monday predicting a major upswing of 8.3 percent for U.S. television advertising revenue in 2014, after a dismal 2013 in which revenues were down 0.6 percent. But there’s been one significant change: national TV advertising is now smaller than digital media advertising. The World Cup, local political advertising, and the Olympics are among the factors contributing to the uptick, said Vincent Letang, Magna’s EVP, director of global forecasting. Letang also predicted serious movement in the global mobile markets