Shares in Aegis, Europe’s largest advertising media buyer, were up almost 10% in early trading after the company said it expected full-year results would be “significantly better” than in 2001. The group said that there were clear signs of improvement in US broadcast media while the European and Asia Pacific markets were performing in line… Continue reading Aegis Group Optimistic On Recovery

French outdoor media group JCDecaux has become the latest company to downplay the prospects for recovery in the global advertising market. Decaux revealed that third quarter sales were down to £224.5 million, a fall of 0.9% against the same period last year. Street furniture and billboard revenues were up by around 3% to £115 million… Continue reading Advertising Conditions To ‘Remain Tight’, Says JCDecaux

Although dial-up will remain the primary method of US consumer internet access until 2006, DSL subscriber numbers are to continue gaining momentum, according to a new report from In-Stat/MDR. In-Stat says that a ‘pent-up’ demand for broadband services is ‘alive and well’ and forecasts that almost one quarter of online households will subscribe to a… Continue reading Broadband Internet Gains Consumer Momentum In US

A senior executive from one of the largest newspaper publishing companies in the US had some forthright advice for delegates at the Associated Press Managing Editors (APME) meeting in Baltimore last Friday. William Dean Singleton, vice-chairman and CEO of the Denver-based MediaNews Group, urged editors to concentrate on local news and use the internet to… Continue reading US Newspapers Told To Reach Out To The Community

Despite the recent flurry of negative research surrounding the third generation (3G) mobile phone services, a new report released today claims that the sector can be a great success, so long as operators move along and launch their services soon. The report, from consultancy firm The Thinking Box, says that postponing 3G’s launch will “trigger… Continue reading Europe’s 3G Future May Not Be All Woe, Says New Forecast

Lord Puttnam, chairman of the joint scrutiny committee on the Communications Bill, has called for the Department for Culture, Media and Sport to be given full control over the new super-regulator, Ofcom. The creation of Ofcom, which will regulate radio and television broadcasting as well as the telecoms industry, is one of the key elements… Continue reading Peer Calls For DCMS Powers To Be Extended

Capital Radio posted the heaviest share price decline in the media sector yesterday, after the group reported poor RAJAR audience listening figures. Capital’s stock dropped by 32½p during yesterday’s trading, after the Q3 RAJAR data revealed that the group’s flagship London station, Capital 95.8 FM, saw its weekly reach drop by 4.5% to 2.6 million… Continue reading Capital Stock Hit By Poor RAJAR Figures

A new survey from the telecoms watchdog, Oftel has found that one-third of dial-up internet users in the UK are interested in subscribing to broadband services. Over a million UK households now have a high-speed internet connection (see UK Hits One Million Broadband Homes) but the latest research indicates that a further three million homes… Continue reading One In Three Dial-Up Users Want Broadband

Radio executives in the US have predicted that the industry is set to see further consolidation in the next two or three years, according to a report from MediaPost. The report quotes Westwood One CEO, Joel Hollander, as saying that he ‘absolutely believes’ that some of the medium-sized operators will merge to take on the… Continue reading US Radio Set For Further Consolidation

The number of mobile devices shipped in the Europe, Middle East and Africa region has more than doubled in the past year, reports eMarketer. Shipments increased from 578,600 in the third quarter of 2001 to 1.17 million in the same period this year, according to research by Canalys. This can largely be attributed to the… Continue reading Mobile Device Shipments Surge In Third Quarter