30 Jul 2008

TV advertising revenue up

9:42 am on 30 July 2008

Television advertising revenue remained strong in the June quarter.

The Television Commercial Approvals Bureau says ad revenue stood at $164.4 million in the three months to June, an increase of 4% on the same period last year.

While economic activity has been declining, the industry expects advertising to hold up for the rest of the year, due to events such as the Olympic Games.