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Monday, 15 June 2009 - Cinema ads suffer slowing growth | Entertainment |
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      My Profile    Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Entertainment > Article Home Business & Finance News U.S. Politics International Technology Entertainment Film Music People Television Arts Industry Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Cinema ads suffer slowing growth Mon Jun 15, 2009 2:45am EDT   Email | Print | Share | Reprints | Single Page [-] Text [+] By Paul Bond LOS ANGELES (Hollywood Reporter) - Revenue from advertising in U.S. movie theaters grew just 5.8 percent last year, marking the slowest gain in the seven years that such statistics have been kept. Still, the Cinema Advertising Council, which is expected to release its 2008 report Monday, can boast of an ad industry still showing growth while most others are not. "Media has seen such huge slippage -- with audiences and advertisers both leaving -- that to have a medium with growth is significant," CAC president and chairman David Kupiec said. According to the CAC, cinema advertising in the U.S. grew 5.8 percent to $571 million in 2008, down from 19 percent growth the previous year and 15 percent the year before that. The CAC has been keeping track of revenue generated by the industry since 2002, when the industry took in just $186 million. Since then, it has grown at an average clip of 21 percent each year. The CAC measures ad dollars from onscreen and other in-theater initiatives but only at member theaters, which account for 82 percent of U.S. movie screens. Kupiec said that this year theaters are closing more ad deals than last year, but, because of the weak economy, they are smaller in size. (Editing by Dean Gooodman at Reuters) © Thomson Reuters 2009 All rights reserved   Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn   Also on Reuters Is the housing bust about to take Manhattan? Bryant emerges from Shaq to build golden empire alone Pennsylvania town fights big coal on mining rights More Entertainment News "Hangover" gives Murphy headache at box office N.Y. indie film studio launches in tough times Bruce Springsteen finds new fans at Bonnaroo fest Malawi father drops fight to stop Madonna adoption   |  Video Second autopsy of Carradine suggests no suicide   |  Video More Entertainment News... Editor's Choice Slideshow  A selection of our best photos from the past 24 hours.   Slideshow  Most Popular on Reuters Articles Video CIA chief believes Cheney almost wants US attacked Votes seen lacking for Obama healthcare program CIA chief believes Cheney almost wants U.S. attacked Ancient mass grave found on Olympics site BRIC seeks global voice at first summit Iran bans planned Mousavi rally in Tehran  |  Video Alaska's Rat Island rat-free after 229 years Netanyahu bows to Obama, accepts Palestinian "state"  |  Video Is the housing bust about to take Manhattan? Ride Over? Six Flags Declares Bankruptcy Most Popular Articles RSS Feed Video  Ahmadinejad rejects vote rigging Bikini protest in Ukraine Deadly bomb in Pakistan Greece fire rages NATO warship rescues Indian sailors Venezuelan TV channel faces closure Israel bombs Gaza tunnels North Korea's nuclear threats Election clashes erupt in Iran Beckham's big underwear ad Most Popular Videos RSS Feed We want to hear from you Join the Reuters Consumer Insight Panel and help us get to know you better Please take a moment to complete our survey Reuters.com:  Help and Contact Us  |  Advertise With Us  |  Mobile  |  Newsletters  |  RSS  |  Labs  |  Archive  |  Site Index  |  Video Index Thomson Reuters Corporate:  Copyright  |  Disclaimer  |  Privacy  |  Professional Products  |  Professional Products Support  |  About Thomson Reuters  |  Careers   International Editions: Africa  |  Arabic  |  Argentina  |  Brazil  |  Canada  |  China  |  France  |  Germany  |  India  |  Italy  |  Japan  |  Latin America  |  Mexico  |  Russia  |  Spain  |  United Kingdom  |  United States   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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