Media companies' income to suffer from decrease in advertising spending
According to advertising specialists 2000 will be not as promising for the
media as previous years.The real incomes of the largest radio and television
stations are estimated to be lower than last year. Expert Monitor data
examining the level of incomes generated by leading stations in first three
months of this year show only TVN has improved its results. State-owned
public television has the biggest losses with the research showing the
income of TVP1 dropping by zl. 70 million. Analysts say the advertising
market is maturing causing the rapid rate of growth to decline. Real
spending on advertisement must have its base on economic growth of the whole
country's economy. Experts are indicating also that Poles are spending more
money than before on servicing debt for instance on new cars which causes
decreased spending on brand name goods. The producers of such goods spend
the most money on advertising. (Puls Biznesu, page 9) A.D.