Staff Reporters
May 2, 2017

Google and Facebook own 20 percent of media spend

On Zenith's global list of the top media owners, Baidu lands in fourth spot, Tencent in 14th and CCTV in 20th.

Google and Facebook together not only accounted for 20 percent of global advertising spend across all media in 2016, but also captured 64 percent of all growth in global adspend between 2012 and 2016, according to the latest edition of Zenith’s Top Thirty Global Media Owners, published today.

The two behemoths have grown their share of global adspend from about a tenth 11 percent in 2012 to a fifth in 2016.

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