Swiss press: Media market stable in 2009
On Wednesday, the Swiss Press Association presented its «Media Budget and Media Trends» study for the sixth time. Revenue from the user and advertising markets totaled 12.9 billion francs in 2009, down 3.9 percent from 2008. Individuals spent approximately 10 billion francs, of which 5.3 billion francs went toward content. Advertising revenue plummeted by 15.1 percent to 2.8 billion francs. Media executives are more optimistic about the future than they were last year and are focusing on multimedia offerings.
The industry was hit hard by the 15.1% drop in advertising revenue to CHF 2.8 billion. It has not yet been possible to compensate for this with commercial communication on digital platforms: On the one hand, because tariffs there have slumped again at a low level, and on the other because advertising revenue went directly to the providers of search engines and other platforms.
Investing in innovation: Multimedia offerings
Media executives who took part in a survey conducted by the Swiss Press Association on media trends are focusing on the development of digital platforms and the intensification of customer relationships in both the advertising and user markets. The media companies are once again more optimistic about the future. The uncertainty caused by the crisis is increasingly giving way to the self-confidence that every type of technical carrier media is dependent on professional journalistic content, the report continues. The willingness to invest in innovation is high: cost-cutting is no longer the first priority. It is now a matter of positioning traditional media brands with quality content in the digital world.
On the whole, Hanspeter Lebrument, President of the Swiss Press Association, expressed his satisfaction with the state of the industry on Wednesday. Contrary to all forecasts, he said, the industry closed last year better overall than in 2008, although for the first time the press sector had declined somewhat more than in previous years. "We are facing difficult times, but it is wrong to speak of a crisis," emphasized Lebrument. With the exception of free newspapers, not a single title was lost in 2009. Apart from a few changes in ownership, the press landscape has not been this quiet for a long time.
