Aug 13, 2004

Media: Media choice - Straits Times

Not another bad news? Yes, Singapore Press Holdings (SPH) is increasing both The Straits Times and The Sunday Times advertising rates. The official reasons were, "major revamp of The Sunday Times and soon The Straits Times", "last year, we completed installing the multi-million additional printing facilities ..." and to end it all, "newsprint prices have been consistently rising ..."

Media: Media choice - Straits Times

Well, with the ever changing market and consumers growing more sophisticated, it is no wonder that SPH has to revamp its newspapers to remain relevant.

In terms of authority, the editorial integrity of both newspapers is unquestionable.

Who can resist not prowling through the newspapers, checking out the headlines, home news, Asia news, money etc without forgetting good offers and bargains, the list goes on.

Taking a step back, I wonder how many media strategists are crying foul now. No advertiser will settle for a run-of-page ad, which means the increase in ad cost is not limited to just an innocent few per cent. There are other factors that one has to consider such as premium position loading incurred on "selected positions", spot colour surcharges etc. Albeit all the justifications, is the rate increase justifiable? The verdict is yours.

For starters, the savvy media strategists out there may want to consider buying a few lots of SPH's share as an investment.

Source:
Campaign Asia
Tags

Related Articles

Just Published

5 hours ago

Agency Report Cards 2024: We grade 25 APAC networks

The grades are in for Campaign Asia's 22nd annual evaluation of APAC agency networks. Subscribe to read our detailed analyses.

6 hours ago

Agency Report Card 2024: Initiative

After losing marquee clients Amazon and Lego, Initiative faces an uphill battle to rebuild its reputation, leaning on new tools, a "challenger" mindset, and a focus on e-commerce to stay competitive in a rapidly shifting industry.

7 hours ago

Global CEO of WPP Media’s Nexus departs

Bidon has been global chief executive at Nexus since April 2022.

7 hours ago

Mark Read: 'People are happier when they’re in the ...

WPP’s chief executive spoke at SWSW and touched on hybrid working, the future of the workforce with AI and whether brands will return to X.