Growth of the worldwide internet population has begun to plateau according to the latest data from Nielsen//NetRatings. The second quarter 2002 edition of the Global Internet Trends survey found that there are now 553 million people worldwide with internet access. This is up just 4.0% on the first quarter of the year when the population… Continue reading Global Online Population Growth Flattens
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ITV’s advertising revenues are looking set to be up by 6.0% in August, better than Merrill Lynch analysts’ expectations, which had put the growth at 3.0%. Early figures for September show ITV up 0.5% in a strong TV market which will be up by 7.0% to 9.0%. ITV says that it had very few cancellations… Continue reading Second Half Forecasts Put ITV Revenue Down 1.4% In 2002
Consumer uptake of the personal video recorder was overestimated and will remain slow until the introduction of integrated PVR technology, according to a new report from Screen Digest. The number of European homes with a PVR system is set to increase from 100,000 to 5 million in the next five years. However, this is equivalent… Continue reading PVR Penetration To Remain Low, Says Screen Digest
AOL Time Warner has admitted for the first time that some of the revenues at its America Online division could have been wrongly attributed. The company said in a statement that three payments totalling $49 million may have been “improperly recognised” as advertising revenue. The transactions took place between the last quarter of 2000 and… Continue reading AOL Identifies Accounting Irregularities
Net loss at News Corp hit $1.7 billion for the fourth quarter, up considerably on the $265 million loss of the same period the previous financial year; full year loss rose from $445 million to $6.3 billion. Net profit fell by 8.0% to $636 million for the year. Excluding write-downs, revenues increased 10.0% to $15.2… Continue reading Write-Downs Hammer News Corp Figures
The crisis at Vivendi Universal deepened yesterday when the French-American media giant announced first half losses of E12.3 billion. The firm has now embarked on a major asset disposal programme after admitting that it needs to raise at least E10 billion in the next two years. Vivendi is reeling from the legacy of acquisitions made… Continue reading Record Losses Force Vivendi To Hawk Assets
Unlicensed file sharing services will continue to thrive until record labels allow internet users to download music legitimately, according to a new report from The Yankee Group. Consumers aged 14 and above downloaded 5.16 billion audio files in the US via unlicensed file-sharing services such as KaZaa, Morpheus and LimeWire in 2001. This is set… Continue reading Unlicensed Music Downloads To Peak In 2005, Says Yankee Group
The 2002/2003 World Magazine Trends report from FIPP/Zenith Optimedia, to be released next month, offers an assessment and outlook of magazine publishing industries in key markets around the world. Regional summaries are given here. Europe Europe’s magazine ad market fell in 2001, and is likely to fall again in 2002, but overall it should suffer… Continue reading World Magazines Outlook From FIPP/Zenith
Despite the well documented failures of ITV Digital and Quiero, European consumers will spend E13.4 billion on digital and interactive television services in 2002, an increase of 31% over last year, according to Strategy Analytics. Interactive Digital TV Market Forecast – Europe is produced by the Broadband Entertainment Strategies (BES) service of SA and examines… Continue reading Advanced Television Services Set To Take Off
The joint publishing venture between EMAP and French group Hachette Filipacchi is likely to be discontinued following Hachette’s acquisition of Attic Futura (see Hachette Buys Attic Futura For ), according to reports. The addition of Attic Futura’s magazines to the Hachette portfolio brings it into competition with the titles published in the UK by the… Continue reading EMAP/Hachette Venture Expected To Be Ditched