Media companies are failing to exploit the potential of the internet to the extent that less than 30% of revenue options are being tapped. That is according to a gathering of top online executives that took place in Zurich recently. Twenty representatives from some of Europe’s prominent web publications met last month at the IP… Continue reading Industry Chiefs Highlight Shortcomings Of Online Publishing

Multimedia messaging (MMS) to mobile telephones is seen by the telecoms industry as a much-needed revenue elixir that will help ease their current financial woes (see MMS Study Brings Little Cheer To Operators). However, research shows that consumers may not be so readily won over. MMS is capable of delivering audio and visual information to… Continue reading Will Europeans Respond To MMS Marketing?

Revenues from sales of broadband modems and gateways fell by 11% during 2002, as technology prices plummeted, according to research from Strategy Analytics. The new report, Residential Broadband Modems and Gateways: Global Market Forecast found that worldwide sales of broadband modems actually increased by 52% to 26.3 million units last year and it is estimated… Continue reading Broadband Modem Revenues On The Slide

Granada chairman, Charles Allen, has delivered a scathing attack on the BBC, arguing that the Corporation should lose 10% of its licence fee to fund public service programming on commercial channels. Despite the fact that ITV pulled in almost £1.7 billion in revenue last year, Allen told industry figures at the Royal Television Society last… Continue reading Granada Chairman Calls For Slice Of BBC Licence Fee

Lastminute.com fell back into the red in the first quarter as a seasonal lull in sales and one-off charges hit the balance sheet at the online retailer. Having reported its first quarterly profit in November (see City News), losses totalled £1.58 million before interest, taxation, depreciation and amortisation in the three months to December. However,… Continue reading No Alarms As Lastminute Slips Back Into The Red

Vivendi Universal chief Jean-René Fortou has reportedly backtracked on plans to break up, sell and float various tranches of the Canal Plus pay-TV broadcasting business. According to a report in today’s Financial Times, Fourtou has sent a letter to Vivendi employees indicating that Canal Plus is no longer for sale and that it will retain… Continue reading Vivendi Will Retain Canal Plus, Says Report

The outdoor advertising industry experienced a positive end to 2002 with fourth quarter revenues rising by 15% year on year, according to the latest figures from the Outdoor Advertising Association. The data shows that bookings for the last quarter of 2002 totalled £187.8 million, taking revenue to levels experienced in 2000. Total outdoor revenue for… Continue reading Outdoor Revenue Rises 15% During Fourth Quarter

Buoyed by a growing economy, Russian adspend shot up by 51% in 2002, according to a report in the Wall Street Journal. The newspaper quotes figures from the Russian Advertising Agencies Association (RAAA) which show that $2.68 billion was spent on advertising in the country last year, up from $1.75 billion in 2001. Television revenues… Continue reading Russia Has Fastest Growing Ad Market

US online sales rose by 52% to $78 billion in 2002, bolstered by another record Q4, according to a year-end summary from Forrester Research. The research firm says that growth was driven by rises in new product categories, retailers’ improvements in digital marketing, web analytics and greater multi-channel marketing. The 52% growth beat Forrester’s own… Continue reading US Online Sales Rise 52% In 2002

The US is lagging behind other developed countries in terms of the penetration of fiber to the home connections, reports In-Stat/MDR. At present, less than 1% of broadband subscribers in the US use an FTTH connection. The technology is more prevalent in countries where there has been substantial investment in telecommunications. The likes of Korea,… Continue reading FTTH Has A Long Way To Go, Says In-Stat/MDR