The US cinema box office will see sales of over $10 billion by 2006, with the popularity of cinema-going as a leisure activity continuing unabated, according to a new report from cinema analysts Dodona Research. The US’ box office ticket sales have grown at an average of 5% per year, says the report. This trend… Continue reading US Cinema Sales To Hit $10bn By 2006, Profitability To Increase
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US interactive/ecommerce revenues will rise by 15% to $36 billion this year, according to a new study from the Direct Marketing Association. Revenues increased by just $3.4 billion during 2001 but the DMA is now predicting strong sustained growth for the coming years. The financial services industry and transportation services have contributed most to the… Continue reading US Interactive/Ecommerce Revenues Set To Grow
Shares in AOL Time Warner slumped today following news that the media group is to be investigated by the US securites and exchange commission. Last week, The Washington Post reported that AOL had boosted its revenue figures through unconventional deals between 2000 and 2002. It claimed that AOL had allowed a British entertainment company to… Continue reading AOL Time Warner Under Accounts Scrutiny
The High Court today began hearing the Football League’s claim against Carlton and Granada for the £178.5 million owed following the collapse of ITV Digital earlier this year (see Football League Kicks Off Action Against ITV Digital Owners). The League, which represents 72 clubs, insists that the television companies are legally obliged to honour the… Continue reading Carlton And Granada To Defend Football League Attacks
The terms of News Corp’s acquisition of Italian pay-TV group, Telepiù, are continuing to be negotiated with the business’ owner, Vivendi Universal, according to reports. News Corp was set to take control of Telepiù for E1.5 billion, although there are restrictions imposed by the Italian anti-trust authorities which will force News Corp to dispose of… Continue reading News Corp And Vivendi Renegotiate Telepiu Deal, Say Reports
The latest global and regional advertising forecasts from Merrill Lynch are shown here. Global advertising revenues are expected to decline by 1.3% this year, returning to a growth of 4.0% in 2003. Japan is the poorest performing region this year, with a predicted 4.0% decline; the US is the only region to show positive growth… Continue reading Global And Regional Advertising Forecasts From Merrill Lynch
The number of broadband connections in the US increased by a third during the second half of 2001, according to the Federal Communications Commission (FCC). 12.8 million homes and businesses were using high-speed lines to access the internet by the end of 2001, an increase from 9.6 million in the first half of the year.… Continue reading Broadband Gathering Momentum In US
North American internet traffic is set to grow by 85% in 2002 but revenues are unlikely to rise accordingly. These are the findings of a new report by telecoms market research firm, RHK. RHK’s quarterly market update report reveals that revenue growth will remain flat, quarter-over-quarter, totalling $15.7 billion for the year. Revenue-per-bit is set… Continue reading North American Web Revenues To Remain Flat
The latest US and Asia-Pacific press advertising forecasts from Zenith Media are given here. US In the US, both newspapers and magazines are expected to show negative growth this year, with no return to positive growth until 2004. The latest magazine advertising revenue figures from the Publishers Information Bureau (PIB) show revenue increasing by 6.1%… Continue reading US And Asia-Pacific Press Ad Growth Forecasts
Canal Plus, the French pay-TV subsidiary of Vivendi Universal, is to be broken up and its foreign operations sold in a debt reduction exercise. Vivendi’s chief executive, Jean-René Fourtou, has informed the French media regulator that the group plans to offload assets in Italy, Poland, Belgium, the Netherlands and Scandinavia. It will then concentrate on… Continue reading Canal Plus Network To Be Fragmented