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TV ad market slumps in Spain

November 2, 2021 11.42 Europe/London By Chris Dziadul

TV ad revenues amounted to €415.8 million in Spain in the first quarter of this year.

According to the regulator CNMC, this was 10.7% less than in the same period in 2020.

At the same time, the two main TV groups Mediaset and Atresmedia accounted for 80% of TV ad revenues.

Total TV and radio revenues in Q1 amounted to €910.4 million, excluding subsidies. This was 9% less than a year earlier, while pay-TV revenues fell by 6.5% to €511.6 million.

During the first quarter, the average TV consumption was 3 hours and 47 minutes per person per day.

For the first time, DTT television consumption fell below 75% (74.9%), compared to the increase in cable TV and IPTV services (23.7%).

This was due to an increase in pay-TV subscriptions through fibre networks.

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Filed Under: Newsline Tagged With: CNMC, Spain Edited: 2 November 2021 11:42

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