Are we to experience a double-dip or a return to growth? This is one of the key questions that has been posed by market analysts over the last month. The spectre of a second economic dip was raised after recent worries over corporate profitability and a waning consumer confidence have rocked the markets, particularly in… Continue reading Insight Analysis: Media Healthcheck – August 2002
ARCHIVE ▸ The Media Leader Staff
Telewest Communications, the UK cable operator, has extended its high-speed Blueyonder internet service to Devon and Cornwall, offering the south west of England broadband access to the web. Telewest’s broadband coverage now reaches a number of regions across the length of England and parts of Scotland. In many of Telewest’s coverage gaps, rival group NTL… Continue reading Telewest Brings Broadband Internet To South-West England
Vivendi Universal, the financially stricken international media group, has agreed the sale of its French consumer press division and its stake in the internet venture Vizzavi as it seeks to reduce mounting debts. The two deals, which will amount to almost £300 million in total, represent the first steps taken by chief executive Jean-René Fourtou… Continue reading Vivendi Offloads High Profile Assets
Global marketing and communications agency, WPP, has announced that its Red Cell network has bought leading French creative agency, Les Ouvriers du Paradis. The Paris-based agency will merge its operations with Red Cell’s existing French operation, Red Cell Paris and be renamed Les Ouvriers du Paradis/Red Cell. The acquisition continues WPP’s strategy of strengthening its… Continue reading WPP Buys French Creative Agency
Internet penetration in Great Britain hit the very significant 50% mark in June this year, according to the latest edition of the Internet User Profile Study from NOP World. Women are currently driving the uptake, says the study, which shows that the growth rate translates to 6,000 new users per day over the last twelve… Continue reading Half Of Britons Now Online, Says NOP
There are now more than 25 million digital subscriber lines (DSL), offering broadband communications, across the world, according to new data released by Point Topic. Telecoms operators in 50 countries added 6.7 million DSL lines in the first half of 2002 and despite the economic slowdown and the telecoms financial crisis, the world’s installed base… Continue reading Global DSL Growth Hits 35% In H1, Despite Sector’s Financial Troubles
As rumoured in the press yesterday, Granada’s chief executive Steve Morrison is to leave the company at the end of September, it was confirmed this morning. Current chairman, Charles Allen, is to take Morrison’s role heading up the company, also as expected. Morrison’s departure is thought to have been pushed through following shareholder dissatisfaction at… Continue reading Morrison Ends 28 Year Tenure At Granada
Conditions in the UK advertising market continue to be difficult, according to a first half financial results statement from publishing group Highbury House Communications, released this morning. The group says that compared with the current trading conditions, those of H1 2001 were reasonably favourable, with the major downturn not occuring until the second half of… Continue reading Highbury Sees No Improvement In Difficult Ad Conditions
US online sales of non-travel-related products will reach $13.8 billion in value, according a new forecast from comScore. This would represent a growth of 27% over Q4 2001, according to the company’s historical data. The group predicts that the holiday season’s spending will begin in earnest in the US on Monday 2 December, when consumers… Continue reading US Q4 Online Sales To Grow By 27%, Says comScore
Billetts, the advertising and marketing consultancy, has compiled an overview of the UK television industry’s first half of the year, including speculation on how the remainder of 2002 may pan out. Here are some of the key assessments of the year so far, broken down by broadcasting group. ITV1 Despite a boost in advertising surrounding… Continue reading Billetts’ Outlook For The UK Television Sector