Some 19 million people in the UK now have access to the internet, according to the annual internet survey from Which? Online. This is equivalent to almost one-third of the UK population, although there is growing evidence that the growth in usage is declining. The rate of increase in the internet population has slowed from… Continue reading One-Third Of The UK Now Online
ARCHIVE ▸ The Media Leader Staff
Telecoms operators in western Europe must look beyond their debts and define their strategic options now, says a new report released by Analysys this week. According to the study, The Future of Telecoms Incumbents, the fourteen incumbent operators had a collective long-term debt of E240 billion at the end of 2001. Deutsche Telekom accounts for… Continue reading Telcos Must Focus On Strategy, Says Analysys
The news and information company, Gannett has announced that overall revenue slipped from $1.63 billion in the second quarter of 2001 to $1.62 billion at the same period this year. Gannett, which owns USA Today as well as regional newspapers in the US and UK, also revealed a 5% year-on-year increase in net profits from… Continue reading Gannett Reveals Q2 Advertising Revenues
The investment firm, Liberty Media has dropped its offer to buy 20% of Telewest’s bonds and withdrawn its three directors from the company’s board. A group of bondholders, unhappy with Liberty’s offer, had already filed an injunction to block the deal claiming that aspects of it were illegal (see Liberty Extends Telewest Tender). The ongoing… Continue reading Liberty Backtracks On Telewest Bid
A comparison of the latest global and regional advertising forecasts is shown here, along with previous data. Most regions have been revised upwards in the latest set of figures, in line with a gradually improving advertising marketplace. Advertising Forecasts Comparisons Area 2001A Previous 2002F … Continue reading Global And Regional Advertising Growth Forecast Comparisons
Television is set to lead the way in the UK advertising market’s recovery in 2002, with a growth of 2.5% forecast by Zenith Media. Newspapers are expected to be weak this year, dragged down by a poor national market. In 2003, radio is predicted to be the strongest medium, posting a 4.5% growth. Zenith Media… Continue reading TV To Lead UK Ad Recovery In 2002, Say Zenith Media Forecasts
Consumer spending on US retail websites has increased by 41% in the last year, according to the latest data from comScore Media Metrix. Online sales for the second quarter of 2002 totalled $17.5 billion, of which travel sites accounted for $7.8 billion. The online travel market is predicted to be worth $64 billion by 2007… Continue reading US Online Spending Up And Away
Advertising revenues at the New York Times Company (NYTC) newspapers fell by 0.9% in June and by 2.1% for the whole of the second quarter, the company announced yesterday. Whilst the slump continues at the US newspaper group, the rate of decline is now falling. NYTC’s Q2 figures are much better than Dow Jones’ –… Continue reading Ad Decline Thrashes NYT Co Profits
Shareholder pressure has finally forced the resignation of Deutsche Telekom’s chief executive, Dr Ron Sommer. The German government, which has a 43% stake in the company, initially put the heat on Summer after a spending spree resulted in debts of E67 million. Dr Sommer announced his decision at a meeting of the company’s supervisory board… Continue reading Deutsche Telekom Chief Exits The Fray
UK advertising will grow by 2.3% in the second quarter of this year, dropping to 2.1% in Q3 and rising to 4.6% in Q4, according to the latest, revised forecasts from the Advertising Association. The new forecasts are more positive than the previous set, published in March, which had predicted a 0.5% increase in Q2,… Continue reading AA Revises Forecasts Up In Light Of Improving Climate