Television advertising revenue drops 3 per cent in six months

By Lucy Battersby
Updated February 20 2017 - 5:14pm, first published 1:20pm
TV is competing against websites and social media for advertising dollars.  Photo: Louise Kennerley
TV is competing against websites and social media for advertising dollars. Photo: Louise Kennerley
ThinkTV Conference, from left: Nine CEO Hugh Marks, Ten CEO Paul Anderson, ThinkTV CEO Kim Portrate, Foxtel CEO Peter Tonagh, and Seven CEO Tim Worner.  Photo: Louie Douvis
ThinkTV Conference, from left: Nine CEO Hugh Marks, Ten CEO Paul Anderson, ThinkTV CEO Kim Portrate, Foxtel CEO Peter Tonagh, and Seven CEO Tim Worner. Photo: Louie Douvis

Advertising revenue for television networks is down 2.7 per cent to $2.2 billion, according to figures for the July to December period released by industry body ThinkTV.

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