The decline in advertising revenues at the Financial Times is not expected to show any recovery until 2005, according to analysts at Morgan Stanley. The FT‘s parent company, Pearson, announced in April that the paper’s ad revenues had plummeted by 18% over the preceding twelve months, with the FT Group as a whole falling by… Continue reading Weak Advertising Expected At FT In Pearson Results
ARCHIVE ▸ The Media Leader Staff
The continued recovery of the US advertising market has helped to boost revenues at media giant, Viacom, by 10% to a record $6.4 billion during the second quarter of the year. The strong performance was led by a 22% jump in the cable network, with a 10% rise in revenues at the television and video… Continue reading US Ad Pick-Up Boosts Viacom Revenues
The wave of cost cutting and redundancies in the media sector has left employee morale at an all time low, according to new research from recruitment agency TMP/Hudson Global. The survey, which analysed the current and projected recruitment plans of 3,100 companies in the UK, shows that one in five respondents believe employee morale is… Continue reading Morale Amongst Media Employees Hits All Time Low
Prevailing economic uncertainty has failed to permeate the UK’s online retail market, with sales set to top £14 billion this year, according to the Interactive Media in Retail Group (IMRG). In a report issued to coincide with the UK’s first National Internet Home Shopping Day (24×7 Day), the industry body sings the praises of internet… Continue reading UK High Street Sales Fall As Online Commerce Doubles
US business to business (B2B) print advertising spending fell for the first time in six months during April, according to the latest figures from American Business Media (ABM). Advertising dollars were down 10%, whilst pages were down 8.4%. “Due to recent global events, we anticipated this downturn,” says Gordon Hughes, CEO of ABM. Hughes says… Continue reading US Business Print Advertising Drops In April
The mobile messaging market will generate over $14.5 billion (â‚Ź12.7 billion) in western Europe by the end of 2007, according to a new report from IDC. The group says that the success of short message services (SMS) will now be built upon with the new generation of multimedia messaging services (MMS) and mobile instant messaging… Continue reading Western European Mobile Messaging To Hit $14.5bn In 2007
The US House Of Representatives has voted by an overwhelming majority to overturn a proposal by the Federal Communuications Commission (FCC) to relax media ownership rules. Last month the Republican-dominated FCC voted 3-2 to raise the ownership cap for national broadcasters from 35% to 45% of homes (see FCC Relaxes US Media Ownership Rules As… Continue reading Congress Torpedoes Media Ownership Legislation
Outdoor advertising group JCDecaux has reported a 2.8% decline in turnover for the first half of 2003 with the Sars virus and the European advertising slowdown seen as contributing factors. Total revenue for the six months ended June 30 came to Â758.2 million, compared with Â779.9 million in the same period last year. In the… Continue reading Ad Market Remains ‘Difficult’ For JCDecaux
The number of media companies going bust in the UK fell by 14% year on year in the second quarter, according to the latest data from business solutions company Experian. The group surveyed 34 different industry sectors and found that only 10 recorded a rise in business failures during the quarter. The most significant declines… Continue reading UK Media Company Failures Fall In Q2, Rise Over H1
Revenues from gaming via mobile devices are set to reach almost $7 billion by 2010, surpassing even broadband internet gaming, which will generate $4.1 billion by this time, according to a new set of forecasts from Informa Media Group. Informa’s report shows that three emerging sectors – broadband, mobile and interactive TV (iTV) – will… Continue reading Gaming Revenues To Hit $7bn By 2010, Says Informa