Media market in Romania will go down 16.5% this year due to pandemic

The media market in Romania will contract by 16.5% this year due to the new coronavirus pandemic, according to the Media Fact Book 2020 published by local media agency Initiative. Thus, the advertising spending in Romania is expected to contract to EUR 401 million this year, from EUR 480 million in 2019. The year looked good before the pandemic and the media market was expected to pass the EUR 0.5 bln milestone. But the pandemic ...

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