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Ad Firms Predict Slower Advertising Growth for 2023

CFO News Room

Major advertising forecasting firms say global advertising growth in 2023 will be slower than previously predicted. . to $833 billion next year, according to a new forecast from Magna, a media investment firm that is part of. A separate forecast from media and data giant GroupM, part of. Interpublic Group of.

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How Do I Forecast with Tax Code 280E?

CFO Share

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. Whether you are growing, extracting, or retailing; none of the following expenses are ever permitted to be tax deductible: Marketing and advertising expense.

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Pandemic Predictions: Holiday Forecasts Depend On Three Factors

PYMNTS

When the pandemic first took hold of the retail industry in March and April, the phrase “it’s hard to forecast during a pandemic” was heard in most every executive interview or earnings call. Now that the holiday sales season is imminent, the operative phrase is … well … “let’s try to forecast during a pandemic.”. billion and $1.15

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Is The Future Of Advertising Already Here?

PYMNTS

When it comes to ad spend these days, programmatic advertising — using software and algorithms to purchase data-based and highly targeted digital ads automatically — is the new king. In 2016 alone, programmatic advertising will account for 73 percent of all digital display ad budgets. That’s a total of $25.23 That’s a $15.45

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Etsy Delights Investors With Earnings Win, Disgruntles Sellers With Advertising Fees

PYMNTS

That honor went two the new mandatory advertising fees coming soon to Etsy sellers. The new program, according to reports, will see Etsy start automatically advertising its seller products — and taking at least a 12 percent cut every time that advertising refers a sale that actually happens. billion – $1.06 billion.

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Block, PayPal, Carvana, Twilio and more

CFO News Room

Analysts polled by Refinitiv were forecasting earnings of 23 cents per share on revenue of $4.49 Twilio — Shares tumbled 16% after the cloud communications software maker issued a weaker-than-expected revenue forecast for the fourth quarter, despite an otherwise strong third-quarter report. PayPal — Shares declined more than 6%.

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Netflix, Snap, Warner Bros. Discovery, AT&T, Novavax and more

CFO News Room

Netflix — Netflix tumbled more than 9% following a report from Digiday that said the streaming stock’s early-stage advertising business is missing viewership targets. The company is reportedly offering to refund money to advertisers. Revenue came in higher than expected, according to Refinitiv, but earnings of $4.55