Report Finds Almost Half of UK OOH Advertising Revenue Goes Back Into the UK Economy

  • 1 minutes read time

Summary: A report from PwC, commissioned by Outsmart, has found that the UK Out of Home (OOH) sector contributed over ÂŁ411m to the UK economy, supporting public services, infrastructure, communities, and employees in 2021, representing 46% of its advertising revenue.

Since 2009, OOH media owners have invested £1.1bn into public infrastructure, with the installation and maintenance of bus shelters, free telecoms services, and even lifesaving defibrillators, along with directly contributing £188m towards public finances through business rates and rent in 2021 alone. 

In this same report, PwC estimated that a further £29m helped to support charities and communities through direct donations, heavily discounted or donated media space, and staff hours given to charity. 

This report was based on a survey of OOH media owners representing 92% of industry revenue, and highlights other more indirect benefits such as over 90% of electricity consumption from electronic OOH advertising boards coming from renewable sources. Additionally, these same boards are increasingly being manufactured from recycled and recyclable materials.

Overall, this report demonstrates that OOH advertising is not just a great avenue for marketers and brands, but it is also hugely beneficial to local communities and public infrastructure.

CES 2025: NVIDIA’s Latest Innovations

This year’s CES 2025 Keynote Series included a session by the founder and CEO of NVIDIA, Jensen Huang, who presented a discussion on how technology can open new possibilities for innovation in mobility, healthcare, and other sectors, with space technology being the prime example of one sector inspiring another. We provide a rundown of what was spoken about, along with some of our own thoughts.

X Corp’s CES 2025 Keynote Speech - A Quick Rundown

As we begin 2025, we look at what the next phase of digital communications looks like from the perspective of Linda Yaccarino, CEO of X Corp. She took to the keynote stage at this year’s CES to shed some light on her vision for the future. From free speech to community engagement and the future of how news is processed around the world, Lina Yaccarino and Emmy Award-winning investigative journalist, Catherine Herridge, discuss these topics and more.