Hungarian Ad Market Continues Decline


    BUDAPEST: Advertising revenues for the Hungarian TV market fell by 11% in 2012 to just under 49b HUF.

    According to the Budapest Business Journal, it was the fourth consecutive year that the market dropped, resulting in a four-year decline of some 30 percent.

    Terrestrial TV accounted for 35 b HUF, cable and TV services brought in 13b HUF.