Advertising revenues at Future Network’s portfolio of magazines were up by 9% for the first ten months of the year, the company said this morning. Circulation revenues, which account for 68% of group revenue, rose by 14%. Future says that the first four months of the second half continue the trends outlined in the company’s… Continue reading Future Network Sees Ad Revenues Up 9%

A feature of the agency landscape over the coming few years will be a return to slow, more stable revenue growth, according to analysts at Merrill Lynch. In an advertising and marketing services reports, the broker says that agencies will turn to slower, but more stable organic growth to build their revenues. Agency holding companies… Continue reading Agencies To Return To Slower Stable Growth, Says Broker

US newspaper advertising expenditure rose by 1.5% to $10.9 billion during the third quarter of the year, according to preliminary estimates from the Newspaper Association of America (NAA). National advertising led the way with an 8.2% rise to $1.9 billion, boosted by gains in telecommunications and computer equipment. Retail advertising spending edged up 0.8% to… Continue reading US Newspaper Advertising Rises 1.5% In Q3

Daily Mail & General Trust has reported a increase in profits of 1.6% for the full year despite difficult trading conditions for many of its businesses. The company said that pre-tax profits in the twelve months to 28 September came to £185.5 million, up from £182.5 million a year earlier. Group turnover fell by 0.6%… Continue reading DMGT Upbeat On Improved Results

The cable group Telewest said today that it was entering the last stages of restructuring and will be establishing a new holding company in the US. Telewest has filed documents with the US Securities and Exchange Commission (SEC) which will result in the creation of Telewest Global Inc in Delaware. Under the terms of a… Continue reading Telewest In Final Phase Of Restructuring

US advertising spend increased by 5.7% year on year in the third quarter of 2003, with ten out of twelve media categories reporting growth, according to new figures from Nielsen Media Research. Nielsen Monitor-Plus, which tracks trends in the media, claims that expenditure has been growing througout 2003. Adspend climbed by a modest 1.5% in… Continue reading US Adspend Continues To Grow, Says Nielsen

Online Christmas shopping is at least four times faster than high street shopping, according to the Interactive Media in Retail Group. This festive shopping season is set to be the biggest yet for online sellers and the e-retail industry is going to great lengths to promote the benefits of internet shopping. The IMRG estimates that… Continue reading Go Online For Xmas Shopping, Says IMRG

ITV partners Granada and Carlton Communications both announced rising profits today and hope to realise cost savings of £100 million from their imminent merger (see ITV Cleared To Merge With Sales Houses Intact). The two companies previously indicated that the tie-up would bring £55 million of annualised cost savings (see Carlton/Granada Move Closer To £2.6bn… Continue reading Granada And Carlton Reveal New Savings Target

Almost 30 million American homes will be banking online by the end of 2003 and the number is expected to almost double over the next five years, according to new forecasts from Jupiter Research. Internet banking is growing in popularity as consumers put aside security concerns and embrace the convenience and time saving advantages of… Continue reading Online Banking Winning New Fans

An increasing number of US consumers are abandoning their landlines in favour of wireless options, according to tech research firm MetaFacts. Recent legislation allows homes to switch their landline number to wireless carriers and it is estimated that 3.5% of PC-using homes no longer have an installed line. This is up from 2.4% in 2002… Continue reading More Americans Relying On Mobiles, Says Study