Home broadband access grew by 59% in the US during 2002 as an increasing number of internet users made the switch from dial-up services. Nielsen//NetRatings estimates that 33.6 million Americans now access the net via a high-speed connection in the domicile. Narrowband users still make up the majority of the internet population but last year… Continue reading US Web Users Move Into The Fast Lane
ARCHIVE ▸ The Media Leader Staff
ITV airtime revenue could be down by as much as 10% year on year in February and March, according to estimates from Merrill Lynch analysts. The dip is partly due to advertisers’ reluctance to spend whilst there are large uncertainties over the short-term future of consumer spend. However, the ‘great irony’, as Merrill points out,… Continue reading ITV Revenues Drop As Audiences Improve
Advertising and public relations company, Chime Communications, is to sell 49% of its Howell Henry Chaldecott Lury (HHCL) advertising agency to WPP, the group announced this afternoon. WPP will pay £3.5 million in cash for the stake in HHCL, which will become part of WPP’s international Red Cell network. Chime will have the option of… Continue reading Chime Communications Sells 49% Of HHCL To WPP
Indebted UK cable company, Telewest Communications, this morning said that it has reached a non-binding agreement with its senior lenders and bondholders over the terms of its new bank lending facilities (see Telewest Positive On Restructuring Plan). The amended bank facilities total £2.2 billion and will provide Telewest with ‘substantial liquidity’ that should meet the… Continue reading Telewest Agrees New £2.2bn Bank Lending Terms
US adspend will increase by more than 3% to $117.5 billion in 2003, according to a full-year forecast issued by CMR yesterday. In its last market study, CMR was upbeat on the state of the advertising market, pronouncing that 2002 would see positive growth of 2.5% (see US Adspend Up By $2 Billion Through Third… Continue reading CMR Predicts ‘Modest Growth’ For Advertising Sector
Fourth quarter advertising revenue for US newspapers will grow by 3.5%, up from the 1.0% rise in Q3, according to analysts at Merrill Lynch. Some of this improvement will be due to easier comparisons, but nevertheless, a muted ad recovery is in place, reckons the broker. The newspaper sector ended a six consecutive quarter run… Continue reading US Newspaper Revenue To Grow 4.0% In 2003, Says Merrill Lynch
The telecoms industry has been boosted by new figures which reveal that it is on target to achieve one billion GSM subscribers worldwide by the end of 2003. According to the GSM Association, which represents a large number of second and third generation wireless industry companies, GSM attracted 160 million new customers last year. Since… Continue reading GSM Success Story Continues
Almost one in three mobile phone users in Europe want a new phone within the next year and a significant proportion would like access to advanced features, according to a report from Forrester Research. The study found that 29% of mobile owners intend to replace their current phone in 2004. Some 18% are planning to… Continue reading Euro Mobile Users Wave Goodbye To Old Phones
In 2004, cable companies face a tough climate with rising competition but the industry as a whole is in a healthier state than last year and should benefit from increased uptake of new services. Research by technology consultants Ovum suggests that broadband remains a key growth area. Cable has little competition from infrastructure-based operators in… Continue reading Cable Firms To Extend Their Clout
The acquisition of Galaxy Radio Wales by Vibe Radio Services has been referred to the Competition Commission for investigation. Competition minister, Melanie Johnson, said that she is concerned that the deal, already completed (see Chrysalis Takes GWR’s LNR And Sells Galaxy 101), might reduce competition for local radio advertising in the Bath and Bristol areas.… Continue reading GWR Questions Competition Referral Of Vibe’s Galaxy Acquisition