Media Monday: OOH grew 10% in 2014, Woolworths launches ‘Fresh’ tablet edition, 2015 cinema sales break record
In Australian media news this week, the out-of-home industry posts a 10% revenue increase year-on-year, Woolworths launches its first digital edition of Fresh, record-breaking cinema box office sales kick off 2015, and reports Twitter plans to sell advertising on tweets embedded on other websites.
Out-of-home grew 10% in 2014
The Australian out-of-home industry increased its net revenue by 10% year-on-year, reaching $602.1 million in 2014.
The industry has been growing for five years now, since recovering from the GFC in 2010.
The OMA says results are showing OOH audiences growing. In 2014, Move reported 400 million total daily contacts, up 3.6% from 386 million in 2013.
“People are travelling further each day and spending an average of 14 hours travelling and shopping each week. In light of this, Australians are now likely to see an average of 26 advertising faces each day,” OMA says.
Here are the OOH category totals for 2014:
- Roadside billboards (over and under 25sqm): $197.8 million,
- roadside other (street furniture, taxis, bus/tram externals, small format): $199.7 million,
- transport (including airports): $106.1 million, and
- retail: $98.5 million.
Woolworths launches first digital edition of Fresh for iPad and Android
Woolworths has released the first digital edition of its free customer magazine Fresh, complete with an integrated online shopping cart allowing readers to add ingredients from recipes as they read.
The tablet edition of the January/February Fresh, produced by Newslifemedia, also includes the following features:
- Interactive recipe index allowing readers to sort by meal, budget and health preferences,
- ‘cook mode’ showing simple recipe steps in larger format for use in the kitchen,
- social sharing,
- video recipes and how-to content,
- exclusive content and themed recipe collections,
- Woolworths store locator,
- easily-accessed archived issues, and
- the ability to save favourite recipes and articles to read later.
Fresh is Australia’s most-read magazine, with 3.2 million readers, ahead of Better Homes and Gardens and The Australian Women’s Weekly.
Woolworths’ Fresh magazine manager Nicky Harper said:
“The new app builds on our ambition to help our customers save time and money when they shop at Woolworths.”
Cinema starts strong in 2015
The first two weeks of 2015 was the strongest on record for cinema, up 18% year-on-year, according to Val Morgan.
Movie-goers spent more than $40 million across each of the first two weeks of 2015 to see films including The Hobbit: The Battle of the Five Armies, The Imitation Game, Penguins of Madagascar, Taken 3, The Water Diviner and Big Hero 6.
The success surpasses the 2010 record set by Avatar, which “redefined box office records globally”, Val Morgan says.
Reports suggest Twitter will sell ads on embedded tweets published off-site
The Wall Street Journal is reporting rumours that Twitter is planning to expand its audience available to paid advertisers by selling ads within streams of tweets embedded on other publishers’ websites.
“People familiar with the matter” told WSJ that the company announced its idea at the recent Consumer Electronics Show (CES) in Las Vegas.
The plan, if implemented, would significantly boost the social media company’s revenue.