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Bangkok Post
Bangkok Post
Business

Ad Slowdown Spreads Beyond Tech to TV Networks, Publishers

United States Bob Bakish Brian Wieser GroupM Roku CBS New York Times Co USA Today Walmart
New York Times Co. last week posted its first decline in digital advertising revenue since 2020. (Photo: AFP)

U.S. television networks and news publishers are feeling the effects of a slowdown in the advertising market, the latest indication that an ad-spending retrenchment previously flagged by giant technology companies is spreading.

Warner Bros. Discovery Inc., home of cable channels including CNN, TNT and the Food Network, last week cut its outlook for this year and next in part because of a slowdown in advertising.

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