US television advertising levels have rebounded on both a national and local level, with indications that the upfront trading market is likely to be healthy, according to analysts at Merrill Lynch. TV network scatter prices are up by 20% or more in Q2, with few cancellations, says the broker. TV station advertising is up in… Continue reading INSIGHTanalysis: US TV Advertising Rebounds, Radio Lags

Following a period of rapid growth in digital television (DTV) uptake in the UK, penetration is set to reach 72% of all households by the end of 2007, according to forecasts from Datamonitor. The group points to Freeview’s successes in creating an alternative to pay-TV which is clearly understood by consumers and which may ultimately… Continue reading UK Digital TV To Reach 72% Of UK Homes By 2007, Says Datamonitor

UK consumer expenditure on electronic media and entertainment passed the £10 billion mark in 2002 and is forecast to add a further £2 billion by 2010, according to new figures from Informa Media Group. Television subscription and pay-per-view (PPV)/video on-demand (VoD) revenues, mainly from cable and satellite operators, provide the bulk of the revenues –… Continue reading UK Entertainment Spend To Hit £12bn By 2010, Says Informa

Chrysalis Group is set to sell its television division to a management buy-in (MBI) group led by a trio of former ITV heads. Chrysalis today confirmed that a sale has been agreed in principle with debt and equity providers, although the exact terms have yet to be finalised. The MBI group is led by Steve… Continue reading Chrysalis To Sell Television Group To Former ITV Heads

Pearson, the international media company which owns the Financial Times, today said that the increased economic uncertainty caused by the war in Iraq has had an impact on current trading, especially at its business newspapers, where advertising revenues have fallen significantly in recent weeks. The company’s FT Group, which accounts for 17% of revenues, has… Continue reading FT Ad Revenue Drops 18% In Twelve Months, Says Pearson

First quarter revenues at global advertising and communications group, WPP, dropped by 3.9% to £908.5 million, slightly ahead of analysts’ expectations. The regional variations showed North America up by 1.4% in constant currencies, whilst in Europe, the UK was down 3.5% and continental Europe up 3.5%. Revenues from the Asia Pacific, Latin America, Africa and… Continue reading WPP Sees Weak UK Revenues, But Improving Outlook

Broadband revenues generated from sport-related content are set to increase from $344 million last year to $6.4 billion globally by 2008, according to a new forecast from Screen Digest. The Global Business of Sports Television report says that consumer use of broadband services to access data, play sports-related games or watch additional coverage of sport… Continue reading Broadband Sport Content To Generate $6.4bn By 2008

Multi-channel broadcasters are continuing to increase in popularity and have overtaken their main terrestrial rivals in the ratings, according to the latest unofficial viewing figures. The data shows that multi-channel television accounted for 26.1% of all viewing in the week ending Sunday 20 April, while BBC1 made up 23.9% and ITV1 accounted for 23.8%. The… Continue reading Multi-Channel TV Overtakes Terrestrial Rivals

Almost a quarter of Europeans will purchase online content and services by 2007, spending a total of around â‚Ź3.2 billion, according to forecasts from Jupiter Research. The research shows that the sector is still fairly nascent, with only 9% of European consumers buying these services via the web in 2003 and generating revenues of â‚Ź693… Continue reading European Online Content Spend To Hit €3.2bn By 2007, Says Jupiter

AOL Time Warner saw a welcome return to profit in the first quarter of 2003 and now seems ready to put behind it the trauma of the past year. Shares in the world’s biggest media company rose 5% yesterday upon news of a Q1 net profit of $396 million. This compares with a $54 billion… Continue reading AOL Bounces Back Into Profit