Pace, the UK set-top box manufacturer, has today issued its fifth profits warning of the year and is not optimistic that sales will pick up in the near future. The company said that the slow take-up of digital television in Europe and the US meant that targets were being missed and second half losses are… Continue reading Pace Issues New Profits Warning
ARCHIVE ▸ The Media Leader Staff
A new report has offered an optimistic prognosis for the US advertising industry by claiming that 2003 will see a significant increase in spending. The forecast, Outlook for Advertising and Media is produced by financial information specialist Global Insight. It claims that all media types will experience a recovery in advertising sales in the next… Continue reading US Advertising Market To Grow By 6% In 2003, Says Report
There are now 563 million people worldwide with home access to the web according to the Global Internet Trends survey from Nielsen//NetRatings. The number of users rose by 10 million in the third quarter of 2002. The study shows that the US continues to have the largest internet population, with almost 30% of the total… Continue reading Internet Population Increases By 10 Million
Mobile phone sales totalled 104.3 million units in the third quarter of 2002, a 7.8% increase from the same period last year, according to a new report from Gartner Dataquest. This higher-than-expected increase is a timely boost for the industry as the crucial Christmas period approaches. It will also be of interest to researchers and… Continue reading Mobile Sales Growth Prompts Talk Of Recovery
An average of 50 million text messages were sent each day during October taking the monthly total to an all time high of 1.54 billion, according to the Mobile Data Association (MDA). The daily average for October, which is substantially higher than the 21 million daily texts sent each day in October 2000, brings the… Continue reading Early Birthday Present As Texting Hits 50 Million Mark
Pan-European broadcaster, RTL Group, is proposing to cancel the admission of its shares to the official list of the UK Listing Authority and to trading on the London Stock Exchange. In a statement released to shareholders this morning, the group said it expects that the delisting in London will become effective on 31 December 2002.
Vivendi Universal’s third quarter results show revenues down by 2% at E14.6 million, whilst consolidated operating income was up 7% at E1.2 million. The results are slightly below expectations, although the outlook was not negative, with a number of disposals helping to ease the group’s debt. Vivendi is currently in a battle with Vodafone to… Continue reading Vivendi Revenues Dip 2%, Disposals Ease Debt
Carlton Communications has reported continuing pre-tax profits up by 76% to £53.3 million, although losses after tax and including discontinued operations stood at £156 million, down 60% year on year. The majority of losses came from the closure of the ITV Digital business, jointly owned with Granada. The company also indicated that advertising conditions are… Continue reading Carlton Sees Improving Ad Trading As Loss Hits £156m
There were further indications of a mini-recovery in the US advertising market yesterday as Nielsen Monitor-Plus revealed that spend for the first nine months of 2002 had increased by 3.8% year-on-year. Total expenditure for the year to September rose to $69.3 billion from $66.7 billion in 2001 as eight of the eleven media sectors measured… Continue reading US Adspend Up 3.8% Through Q3, Says Nielsen
The Internet Advertising Bureau (IAB) has unveiled a wide-ranging plan which aims to double the size of the online advertising market in two years. According to IAB’s managing director, Danny Meadows-Klue, there is a vast disparity between the share of advertising budgets spent on the internet and the size of internet audiences. In an attempt… Continue reading IAB Plans To Double Internet Ad Spend In Two Years