The outlook for European and US advertising remains largely gloomy, despite some more promising signs from the big networks, according to Lehman Brothers. The top five global ad agency groups have now reported their third quarter results, which contained a few more positive indicators – organic growth up on Q2 and some stabilising of the… Continue reading Ad Agencies Q3 Figures Leave Gloomy Outlook For Lehman Brothers
ARCHIVE ▸ The Media Leader Staff
The UK e-commerce sector continues to buzz as the festive season approaches. New figures from the Interactive Media In Retail Group (IMRG) show that internet sales in October were up 21.5% on the previous month. In all, online orders totalled £860.5 million, representing year-on-year growth of 113.6%. This compares with an increase of just 7.1%… Continue reading Online Retailers Have A Red Hot October
The next decade will see more big consumer magazine launches than ever before, according to Tim Ewington, director of specialist media strategy consultancy Human Capital. Writing in FT Creative Business, Ewington argues that publishing companies will be forced to launch new titles as other routes to growth have begun to disappear, whilst competition is increasing.… Continue reading Big Consumer Mags Launches Expected In Next Decade
Scottish Radio Holdings (SRH) is beginning to see improvements in its radio advertising levels, following a flat performance in the year to 30 September 2002. The group says that radio revenue was flat during its financial year, with national advertising showing a 6% decline, whilst local revenues grew by 3%; sponsorship and promotions revenue was… Continue reading Scottish Radio Sees Brighter Start To New Year
New research by Booz Allen Hamilton has revealed that the UK has the second best environment for e-commerce. Only the United States ranked higher in a study commissioned by the British Government’s Office of the e-Envoy and the Information Age Partnership. Booz Allen examined statistical indicators and government policies in every G7 country plus Sweden… Continue reading UK Is Second Best For E-Business, Says Report
The online travel industry seems to have overcome its post-September 11 traumas and third quarter figures from Nielsen//NetRatings show that ad impressions were up by 39% year on year. The travel sector now accounts for almost 16 million impressions, equivalent to 6% of all internet advertising. Agency booking services comprise no less than 70% of… Continue reading Travel Advertising Hits Home On The Web
US newspaper advertising expenditures for the third quarter of 2002 totaled $10.7 billion, a 1% rise year on year, according to preliminary estimates from the Newspaper Association of America (NAA). This ends six quarters of negative growth for the industry. Retail advertising spending rose 2.7% to $5.1 billion and national spend increased by 5.2% to… Continue reading US Newspapers Emerge From Six Quarters Of Revenue Decline In Q3
Analysts at Merrill Lynch are upgrading their US radio advertising growth forecasts following a strong September, which saw revenues rise by 17% year on year, according to the Radio Advertising Bureau (see US Radio Figures Looking Stronger And Stronger, Up 17% In September). The broker is maintaining its Q4 2002 forecast of 10% growth, but… Continue reading Merrill Lynch Upgrades 2002 Forecast For US Radio
Following a severe earnings warning last month (see Interpublic Earnings Warning Shocks Markets), advertising network Interpublic Group yesterday unveiled Q3 results even poorer than had been expected. Earnings per share were just $0.02, down on October’s forecast of $0.08-$0.10 and way below the original, pre-warning Wall Street consensus of $0.28. Organic revenues declined by 5.8%,… Continue reading Interpublic Results Are Way Below Already-Reduced Figures
Online banking is continuing to grow across Europe, with 18.6 million Europeans visiting a bank or building society website during October 2002, a rise of three million people in the last six months. This is according to the latest figures from Nielsen//NetRatings. The Nielsen report shows that Sweden is the largest market for online banking,… Continue reading Over 18m Europeans Bank Online, Sweden Leads The Way