Plus: Why Out of Home is best positioned to continue to grow with advertisers into the future
oOh! delivered an Adjusted Net Profit After Tax of $56.2 million
Of the CMOs interviewed globally, over 2 in 5 (45%) are financially preparing for tough times ahead
This result makes it the 20th successive month of year-on-year growth
Plus: Looking ahead with the most recent trading update
The holding company posted AU$6.39 billion (£3.57 billion), an increase of +10.3%
Warner Bros. Discovery, Rishi Sunak, Apple subscription fees, global streaming
Rupert Murdoch, 3D content, SBS case dismissed
• Total July ad spend is back $27.9 million from last year’s record July
Social data behind cost of living concerns revealed
• Pippa Leary: "The smart players are looking at FY23"
Nine reveals record results for FY22.
• Ad spend in the video streaming sector is set to grow faster than the total ad market
• "What we're focused on is quality content to drive audiences"
• Blackley: "We are continuing to invest for the future while returning funds to shareholders"
• Its underlying net profit after tax (excluding significant items) was $200.8 million
• The on-market share buyback program will happen over the coming 12 months
• The rise in interest rates is also concerning Australians