Hurricane Katrina will cause total media spending to fall by $1.13 billion from August 2005 to September 2006, making it the costliest natural disaster on record to hit the media industry, according to exclusive data available in this report from PQ Media.
PQ Media's "calculations represent a far more significant impact than has been noted in previous media spending reports released recently, including an update of ZenithOptimedia's quarterly tracking study, as well as syndicated reports from Nielsen Monitor-Plus and TNS Media Intelligence/CMR, which barely even footnoted the effects of Katrina and the other hurricanes"
— MediaPost (November 15, 2005)
