Radio advertising could take a 10% share of total adspend in the US by 2012, according to a new projection unveiled at a Kagan World Media conference this week. Mediapost reports that Kagan forecasts radio spend to rise to $35.6 billion by 2012, which would be 9.7% of the total spend of $367.2 billion under… Continue reading US Radio To Take 10% Share By 2012, Says Kagan

The TV industry must take steps to make digital equipment and services easier to use if uptake of the technology is to be optimised, says a new report out this week. The research, Digital Television for All was carried out by The Generics Group for the Department of Trade and Industry and focused on the… Continue reading Digital TV Should Be More User Friendly, Says Report

AOL Time Warner is to drop AOL from its name in a symbolic move to distance the corporation from its ill-fated merger at the height of the dotcom boom. It is understood the move will be discussed at today’s board meeting and the group will revert back to the TWX stock ticker symbol that Time… Continue reading AOL Time Warner Set For Name Change

Advertising and PR firm, Chime Communications has reported a sharp fall in profits for the first half of 2003 and there seems little prospect of an improvement in the trading climate. Interim results issued today show a pre-tax profit of £3.0 million, down from £4.6 million last year. Operating income dropped 14% to £26.9 million.… Continue reading Chime Profits Drop By 35% As Conditions Remain ‘Testing’

Chrysalis Radio has seen its revenues rise by 14.8% during the twelve months to 31 August 2003, significantly outperforming the radio industry which grew by just around 3% over the same period. These strong figures come as the group disposes of its television assets to concentrate on the music and radio sectors (see Chrysalis Makes… Continue reading Chrysalis Radio Continues To Outperform Industry

Havas today posted a first half loss of â‚Ź58 million and issued details of a restructuring plan designed to revive fortunes at the ailing French advertising group. Operating profit fell to â‚Ź68 million in the six months to the end of June from â‚Ź115 million a year earlier. This was below analysts’ expectations and Havas… Continue reading Havas Presses On With Restructuring, H1 Profits Down

The number of worldwide broadband subscribers increased by 72% to approximately 63 million in 2002. This is the main finding of a new survey from the International Telecommunication Union (ITU). According to the study, the Republic of Korea leads the way in high-speed internet penetration with 21 broadband subscribers for every 100 inhabitants. Hong Kong… Continue reading One In Ten Global Internet Users Has Broadband, Says Study

The mobile operator 3 has this week launched the UK’s first international video calling service, allowing users to make video calls to countries in which the feature is available. Customers can already make video calls within the UK but the service has now been extended to cover Italy, Sweden, Austria, Australia and Japan. Video callers… Continue reading 3 Introduces Video Call Service

On-demand television services may be the saviour of cash-strapped cable operators which have sunk huge investments into developing their digital TV platforms only to receive little ROI from consumers, according to analysts at the McKinsey Quarterly. In the US, the major cable companies have ploughed more than $70 billion into digital upgrades, but few consumers… Continue reading INSIGHTanalysis: Will On-Demand Save Cable?

The Senate has dealt a blow to the Federal Communications Commission and the Bush administration by voting against new ownership rules that would have given large media companies more influence in the US market. On Tuesday, senators approved a resolution to overturn the regulations by 55 votes to 40. This follows the intervention of a… Continue reading FCC Rule Changes Shot Down By Senate