Advertising spending by the top 10 companies for the first quarter of 2008 reached just over $4 billion, up 1.1% from last year, according to Nielsen Monitor-Plus, with half the companies on the list increasing their budgets while ad spending declined for the other five. Pepsi’s spending jumped almost 40%, while Ford Motors saw a 26% cut.
Rank | Company | Q1 2008 $ Mil. | Q1 2007 $ Mil. | % Change |
1 | Procter & Gamble | $902.8 | $755.0 | 19.57% |
2 | General Motors | $536.5 | $493.0 | 8.81% |
3 | AT&T | $465.7 | $555.4 | -16.15% |
4 | Verizon Comm. | $401.4 | $399.6 | 0.43% |
5 | PepsiCo | $354.8 | $253.6 | 39.86% |
6 | Toyota Motor | $350.4 | $293.7 | 19.30% |
7 | Ford Motor Co. | $330.2 | $446.3 | -26.00% |
8 | Time Warner | $323.7 | $350.9 | -7.75% |
9 | Johnson & Johnson | $316.0 | $354.0 | -10.72% |
10 | Walt Disney Co | $299.9 | $332.0 | -9.67% |
Total | Top 10 Parent Companies | $4,281.8 | $4,234.1 | 1.13% |
Source: Nielsen Monitor-Plus (Jan.-March 2007 and Jan.-March 2008) |
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