Ooh Media boss stands firm in face of ad recession

May 16, 2019 4:31

CEO of Ooh Media, Brendon Cook, has told investors the company stands by its financial forecasts despite the spending weakness continuing to affect the wider Australian advertising industry.

Cook revealed at the company’s annual general meeting that bad news for the industry would continue with the next Standard Media Index survey, saying: “I note that the preliminary SMI results released yesterday indicated a double digit decline for Australian media revenues in April, following a 6.4 per cent decline for Q1.

Part of Ooh Media’s shareholder presentation outlining the company’s strategy.

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Paul Wallbank

Paul Wallbank was news editor at Mumbrella between June 2017 and June 2019. Previously he's covered business and technology issues for outlets ranging from The Australian and Sydney Morning Herald to the ABC and Business Spectator.

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