0000 GMT - Australian TV broadcasters' ad revenues appear to have been really solid in April and look pretty full for June, Jefferies analyst Roger Samuel tells clients in a note. Reporting on comments made in a Jefferies-hosted call with an independent media agency, Samuel says that spending related to this month's federal election helped support April ad demand. The agency expects May spending to be down by 1%-2% on a year earlier, but thinks that June is looking good. Samuel says that on-demand broadcast viewing has done extremely well, helped by sports streaming. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
May 13, 2025 20:00 ET (00:00 GMT)
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