The health of the advertising economy is closely related to corporate profitability and consumer spending. A number of industry observers have noted that during the recent advertising downturn, corporate profitability has been the weak factor in the economy, whilst consumer spending has been resilient. However, in a pan-European outlook for 2003, Merrill Lynch analysts say… Continue reading European Advertising Will Grow Despite Likely Consumer Spending Slip
ARCHIVE ▸ The Media Leader Staff
US consumers are expected to spend $14.8 billion online during the first quarter of this year, a marginal increase on the same period in 2002, according to the latest figures from the Yahoo!/ACNielsen Internet Confidence Index. The spending forecast, whilst up 1.4% on Q1 2002, is down by 4.5% on the $15.5 billion spent by… Continue reading US Online Retail Spend To Nudge Up 1.4% In Q1, Finds Survey
In May this year, the UK Government is set to auction licences for wireless services that will allow broadband content delivery at speeds of up to 2Mbits/sec, at distances of up to 10km. It is hoped that these services – which can deliver multimedia content – will help to build the multi-platform ‘broadband Britain’ envisaged… Continue reading UK Government To Auction Wireless Broadband Licences
More than 300,000 digital adapters have been sold in the two months since the launch of free-to-air digital terrestrial TV service, Freeview, it was announced today. The figures, compiled from measured data and feedback from retailers and manufacturers, show that sales per week since launch average more than 33,000. Over the same period, almost two… Continue reading Freeview Shifts 300,000 Adapters In First Two Months
The number of subscribers to BSkyB’s digital satellite service is set to grow by 14.3% year on year in the second quarter of 2003, according to operating forecasts by Merrill Lynch analysts. Sky’s financial results are due for release on 14 February and the broker predicts that the total number of direct-to-home (DTH) customers will… Continue reading BSkyB Subs To Grow 14% In Q2, Say Merrill Lynch Forecasts
As expected, Stephen Carter, ex-managing director of cable company NTL, is to be named chief executive of the new communications super regulator Ofcom. Although Ofcom have refused to comment on the appointment, an official announcement from chairman Lord Currie is expected in the next few days. Commentators have suggested that the leadership battle was a… Continue reading Carter Set For Chief Executive Role at Ofcom
There has been a fresh development in the ongoing Kirch saga with reports stating that Haim Saban has re-entered the bidding for the indebted media group. This latest twist comes despite the fact that Henrich Bauer Verlag had agreed a deal to take control of KirchMedia (see Bauer Consortium Takes KirchMedia). However, the publishing giant… Continue reading Saban Back In The Running For Kirch
The administrators of ITV Digital have announced a dramatic U-turn on their decision to charge customers £39.99 for their set-top boxes, which they will now be allowed to keep as a gift. The climb down follows the unpopular move by ITV Digital’s liquidators, Grant Thonton, to collect over 1 million set-top boxes or ask the… Continue reading ITV Digital Subscribers To Keep Set-Top Boxes
Business-to-business adspend increased by 1.6% year-on-year and totalled $656,870.4 million in November, according to new figures from American Business Media (ABM). The rise followed a decline of 9% in October (see Decline Eases Slightly In US B2B Advertising) but advertising page volumes were down by 4%. The biggest surge occurred in the travel sector which… Continue reading B2B Sector Boosted By Advertising Upturn
Cinema admissions for 2002 were the highest in 30 years, reflecting a 13% year-on-year increase, according to the Cinema Advertising Association (CAA). Almost 176 million visits were made to the cinema, an average of 3.37 million weekly cinema admissions to see films such as Harry Potter And The Chamber Of Secrets and the 20th instalment… Continue reading Cinema Admissions Up 13% In 2002, Says CAA