UK cable operator, NTL, has increased its earnings by 48.2% to £661 million in 2002, after finally emerging from its Chapter 11 bankruptcy process (see NTL Emerges From Bankruptcy). Reporting the full year results, NTL says that churn – the proportion of people leaving the home cable service – declined from 21.3% in Q4 2001… Continue reading NTL Sees Earnings Up 48% In 2002
ARCHIVE ▸ The Media Leader Staff
Market research company, Taylor Nelson Sofres (TNS), has this morning confirmed that it is in discussions about the potential acquisition of NFO WorldGroup from its owner, Interpublic Group. The statement from TNS follows press speculation about a deal for NFO, which is a research division of Interpublic. Aegis (see Aegis Heartened By Positive Annual Results)… Continue reading Taylor Nelson Looks At NFO WorldGroup Acquisition
UBC Media, the commercial radio broadcaster and programme producer, this morning said that trading in the final six months of its financial year has been better than expected, with profit now predicted to be around £75,000. Previously, the group had expected only to break even. UBC says it now expects to report reduced losses for… Continue reading UBC Media Has Better Than Expected Second Half
More than 80 million European consumers will be banking online by 2007, according to a new report from Datamonitor. Internet banking has been a qualified success with the number of customers expected to reach 60 million this year, up from 23 million in 2000. The UK and Germany are Europe’s largest online markets, although Scandinavia… Continue reading Sixty Million Europeans To Bank Online In 2003
The impact of the war and general economic uncertainty has forced Merrill Lynch to revise its newspaper ad revenue growth forecast for the first quarter from 4% to 2-2.5%. Strong December results from the newspaper companies monitored by Merrill Lynch resulted in 4.5% growth in the US newspaper sector during the final quarter of 2002.… Continue reading US Newspaper Industry Holds Breath Over Conflict
Heavy TV users may be slightly less likely to pay attention to television adverts, according to data from Jack Myers Report‘s Media Brand Track survey. The study, which surveyed across 42 entertainment networks, found that an average of 22% of viewers with fewer than 80 channels say they are likely to pay attention to television… Continue reading Only 20% Of US Viewers ‘Likely’ To Pay Attention To Ads, Shows Survey
The BBC has admitted that it may not to able to force BSkyB to carry its channels at the top of its electronic programming guide (EPG), following a disagreement caused by the Corporation’s decision to withdraw from BSkyB’s digital satellite service (see BBC Ends £85m Conditional Access Contract With BSkyB). Earlier this week the BBC… Continue reading BBC Admits It May Lose Prominence On BSkyB
Scottish Radio Holdings (SRH) this morning said that its radio revenues will be up by 5% in the six months to March 2003, not accounting for the effect of new acquisitions. SRH’s trading statement is the latest in a round of radio company updates and shows that the group is outperforming its peers. Capital Radio… Continue reading Scottish Radio Sees First Half Broadcast Revenues Up 5%
The sale of SMG’s publishing division to Gannett UK has been cleared by the Department of Trade and Industry (DTI) and is expected to complete shortly, the group said today. As announced at the end of last year (see Gannett Secures SMG Publishing Deal For £216m), US group Gannett will pay £216 million for SMG… Continue reading SMG’s £216m Publishing Sale Gets DTI Go-Ahead
“The initial hype around the internet has now been replaced by an understanding among marketers that this medium is effective, efficient and a smart part of a media plan.” Scott Schulman, Wall Street Journal The internet is one of the youngest and fastest growing media in the modern world and there is little doubt that… Continue reading INSIGHTanalysis: The Internet Approaches Maturity