SMI: Nine and Seven both above 40 per cent as Ten squeeze worsens

Australia’s major two TV networks Seven and Nine have for the first time both simultaneously won a share of more than 40 per cent of the metro free to air advertising market.

The milestone comes at the expense of troubled third network Ten, which fell below a 20 per cent share for a second month running, according to the latest numbers from Standard Media Index.

As Ten’s share of the viewing audience has declined over the last three years, advertising revenue has followed.

The latest numbers on advertising revenue shows both the Seven and Nine networks performing strongly on revenue in May while Ten continued to languish on the back of poor TV ratings in March and April.

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