The number of digital subscriber lines (DSL) worldwide increased by almost 20% to 30 million in the third quarter of 2002, according to a new report from Point Topic. Research carried out in the first half of the year found that there were 25 million DSL lines across the globe (see Global DSL Growth Hits… Continue reading Global DSL Lines Top 30 Million
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Second half advertising levels have showed continued, modest growth at regional newspaper group, Johnston Press, up by 2.8% in the five months to 30 November 2002. Ad revenues at the recently-acquired Regional Independent Media (RIM) grew by 1.1% during the period (see Johnston Press Acquires RIM Newspaper Business), the group said in a trading statement… Continue reading Johnston Press Sees FY Profits At Top End Of Estimates
In a busy week of forecasts, Universal McCann has offered the most optimistic prognosis yet for the ailing ad market. Robert Coen, the agency’s venerable advertising prophet, is predicting that US adspend will increase by 5.3% to $249.3 billion in 2003. This compares with the 1.9% growth forecast by Zenith Optimedia (see Zenith Optimedia Predicts… Continue reading Universal McCann Expert Upbeat On Ad Prospects
The consensus of a number of the most recent advertising forecasts puts 2002 global growth at 0.2%, rising to 3.4% in 2003. This is a notable upgrade on the previous consensus, as compiled by MediaTelINSIGHT in September (see Insight Analysis: Global And Regional Advertising Forecasts Comparisons). These figures are compiled from an average of the… Continue reading Insight Analysis: Global And Regional Advertising Forecast Comparisons
US media spending in national and local media accelerated at a much faster pace in the third and fourth quarters of 2002, generating an overall growth rate of 2.5%, says the latest data from Jack Myers Report (JMR). “Strong performance in virtually all media sectors, especially driven by continued growth of electronic media and a… Continue reading Myers Is Positive Over US Adspend, 2.8% 2003 Growth Predicted
Although dial-up connections are still in the majority, broadband users in the US surf the web more intensively and are responsible for almost half of all the pages viewed, according to new research. comScore Media Metrix found that 46 million of the country’s 142.7 million internet users in October 2002 connected to the web via… Continue reading Broadband Users More Active Online, Says comScore
Channel 4 has confirmed that it is set to report a profit for 2002 following a wave of job losses and stringent cost-cutting across the network. According to the Channel, the turn-around is due to a reduction in losses at its commercial arm, 4 Ventures, alongside a 4.5% boost in advertising revenues driven by record… Continue reading Channel 4 Set To Return To Profit
The global advertising communications company Interpublic is forecasting that 2003 revenues will come in flat compared to this year. Speaking at the UBS Warburg Media Conference in New York, chairman and CEO John Dooner admitted that 2002 had been a difficult year but he is hopeful that better times are ahead. Zenith Optimedia foresees 2.9%… Continue reading Interpublic Says That 2003 Will Be Flat
ITV Digital’s liquidators, Grant Thornton, are set to undertake the mammoth task of contacting the platform’s 1 million former subscribers to request they give up their set top box or pay £39.99 to keep it. Grant Thornton is to contact each of the 1 million subscribers by post to inform them that the boxes were… Continue reading ITV Digital Liquidators To Retrieve Set Top Boxes
IPC chief executive, Sly Bailey, is to replace Philip Graf as chief executive of Trinity Mirror, when he steps down early next year (see Chief Executive Steps Down At Trinity Mirror). Bailey has been chief executive of IPC since December 1999 and was instrumental in discussions that resulted in the sale of the company to… Continue reading Bailey Leaves IPC To Replace Graf At Trinity Mirror
