In the wake of young consumers’ shifting viewing habits, TV ad spend is shrinking, while mobile takes up more of the marketing pie. As viewers continue to cut the cord, “traditional TV advertising is slowing even more than expected,” and eMarketer estimates that the audience paying for traditional TV (cable and satellite) will shrink 2.4% in 2017, and about 10% by 2021. Meanwhile, Zenith expects mobile ad spend to grow 34% this year, compared to just 4% for global ad spend overall. (eMarketer, Recode)
