Lehman Brothers has upgraded its advertising, subscriber and earnings forecasts for BSkyB, following a strong set of first quarter results, released earlier this month (see BSkyB Back In The Black Following Strong Subscriber Growth). The broker has raised its advertising growth forecasts from 3% to 10% for the full year 2003, implying revenue of £276… Continue reading BSkyB Growth Forecasts Upgraded By Lehman Brothers

Losses at the UK’s largest commercial radio group, GWR, have risen to £12.1 million for the six months ended 30 September 2002, in what chairman Ralph Bernard describes as a period of ‘volatile and difficult trading conditions’. Total loss for the same period in 2001 was £1.9 million. Turnover at the group remained flat year… Continue reading GWR Losses Deepen To £12m As Tough Market Conditions Bite

Tony Blair has promised to invest more than a £1 billion of Government money in broadband technology in a bid to stimulate internet usage in the UK. Speaking at the E-Summit in London, the prime minister said that £6 billion would be spent on IT in the next three years partly to ensure that schools,… Continue reading Blair Reiterates Commitment To Broadband

The number of internet users worldwide is predicted to reach 655 million by the end of this year, according to the United Nations. This is equivalent to one-tenth of the global population and represents a 30% increase on last year’s total of 500 million. The E-Commerce and Development Report from the United Nations Conference on… Continue reading World Internet Population Continues To Rise

The number of US mobile gamers is predicted to grow tenfold in the next five years according to a new in-depth study from IDC. Are We Having Fun Yet?: U.S. Wireless Gaming Forecast, 2002-2007 takes a long term view of the emerging market and concludes that handset providers, wireless carriers and game developers and publishers… Continue reading Mobile Gaming Set To Play Major Role, Says IDC

The mobile market in Western Europe is reaching saturation point and opportunities for subscriber growth are therefore limited. However, a new study from The Yankee Group claims that operators are modifying their strategies to ensure higher revenues and foresees a revival in 2003. The report, Western European Cellular Market Forecast 2002: Poised for Recovery states… Continue reading European Mobile Industry Given Fresh Boost

There are now green shoots of recovery in the US advertising market and new figures from CMR indicate that spending increased by 2.2% in the first nine months of 2002. The data shows that overall revenue for the year to 30 September totalled $84.4 billion, compared with $82.6 billion in the same period last year.… Continue reading US Adspend Up By $2 Billion Through Third Quarter

colspan=”5″>US Online Advertising Revenue Forecasts ($ billion) 

The telecommunications industry is set to rebound from a difficult period, driven by developments in next-generation technologies, according to IDC‘s new Worldwide Telecom Black Book. The report says that despite recent troubles plaguing the telecoms industry (including bankruptcies, plummeting valuations, and deep cuts in capital expenditures), there is now some light at the end of… Continue reading Telecoms Industry To Rebound From Tough Times, Says IDC

The European cable industry is set to emerge from the ‘dark days’ of the previous two years, having learnt many valuable lessons, according to one of the conclusions of the European Cable Yearbook 2002 from Screen Digest. The book describes the recent pace of change in the cable sector as ‘relentless’, forcing many companies to… Continue reading European Cable Sector To Emerge From ‘Dark Days’, Says Screen Digest