Global advertising network, Omnicom, today posted a second quarter increase in worldwide revenues of 12.2%, with the strongest growth coming from outside the US. The group said that US revenues rose by 6% to $1.2 billion, whilst international growth was 21% to $967.2 million. This presents a slightly different picture to most recent commentary, which… Continue reading Omnicom Sees Strong International Revenues In H1
ARCHIVE ▸ The Media Leader Staff
Profits at United Business Media (UBM) made a surprise jump of 12% in the first half of the year as a result of a stabilisation in revenue trends and improvements in some markets in the US. The group said that revenues in the US have been broadly stable in the last four quarters and this… Continue reading UBM Profits Rise 12% In H1, Ahead Of Expectations
The UK had the largest cinema market in Europe in 2002, accounting for over 20% of the continent’s box office takings, according to a new study from analysts Dodona Research. The report, Cinemagoing Europe, found that 1.03 billion Europeans visited cinemas last year, an increase of 6.5 million on the 2001 total. UK admissions were… Continue reading European Cinema Admissions Top One Billion In 2002
The web is the most popular medium among teenagers and young adults in the US, according to a recent study commissioned by Yahoo! and Carat North America. A survey carried out in June by Harris Interactive and Teenage Research Unlimited found that people aged between 13 and 24 spent an average of 16.7 hours per… Continue reading Young People Spend More Time Online Than Watching TV
The number of WAP page impressions viewed in the UK increased to 784 million during June, up 12% on the previous month, according to the latest figures from the Mobile Data Association (MDA). The figures from GSM network operators O2, Orange, T-Mobile and Vodafone, take the daily average for June to 26 million, a significant… Continue reading WAP Usage Continues To Rise During June
First half revenues fell by 3% at Pearson, partly as a result of continuing weak advertising conditions at its Financial Times newspaper, the group said today. Reporting a decline in pre-tax profits from £26 million in H1 2002 to a loss of £1 million this time, Pearson said that there were ongoing tough trading conditions… Continue reading Pearson Revenues Drop As Ad Bite Continues At FT
Telewest shareholders can expect to receive only 1.5% of the firm’s equity once restructuring is completed, the cable company said today. Following in-depth negotiations, it has been agreed that bondholders will get 98.5% of Telewest shares. A deal by which they would have received 97% of the equity was previously rejected as insufficient (see Bondholders… Continue reading Telewest To Reduce Shareholder Stake
US newspaper advertising revenues rose by approximately 2% in the second quarter of the year, according to an analysis of newspaper publishers’ results by Merrill Lynch. All but one newspaper group have reported figures for the quarter to June and the consensus of 2% growth shows a marginal improvement over the Q1 rise of 1.5%… Continue reading US Newspaper Advertising Shows Slow Growth
The next five years will see global Wi-Fi usage grow at a record pace, exceeding 700 million users by 2008, according to a new report from Pyramid Research. As mobile penetration reaches saturation point in many markets, wireless operators are committed to finding new revenue streams and Wi-Fi is seen as the next big thing.… Continue reading Wi-Fi Growth To Accelerate But Challenges Remain
European digital television set-top box (STB) manufacturers need to move away from production of the stand-alone STB and start manufacturing personal video recorders (PVRs) and integrated digital TV sets if they are to maximise revenues in the developing markets. This is according to research and consulting company Strategy Analytics. The group forecasts that the European… Continue reading Digital TV Equipment To See Growth Recovery In Europe