Dow Jones, publisher of the Wall Street Journal has posted a 13.9% fall in revenues, after being hit by what CEO Peter R. Kann describes as the most difficult global advertising environment of the last 30 years. Second quarter revenues came in at $417.0 million, down by 13.9% on the $484.1 million posted in the… Continue reading Dow Jones Continues To Feel Ad Sting
ARCHIVE ▸ The Media Leader Staff
Figures from French publishing group, Lagardere, suggest that there is no recovery in advertising levels for US magazines, according to analysts at Merrill Lynch. Lagardere has magazine publishing and other media operations in a number of regions around the world, so its figures provide some degree of yardstick by which to measure various markets. Merrill… Continue reading Lagardere Shows Poor Revenue At US Mags, No Improvement Before October
The 2002 projections issued by Universal McCann this week follow the trend of recent studies predicting a limited revival in advertising market conditions. Robert Coen, director of forecasting at the global media agency, anticipates an increase of 2.1% in US adspend and there is growing confidence about prospects for next year. In fact, Coen has… Continue reading Coen Predicts ‘Modest’ Adspend Growth
Broadband internet subscriptions in France topped the half-million mark during 2001, according to the country’s telecom regulator, ART. The number of subscriptions for broadband services trebled from 200,000 to 600,000 last year. One in ten Internet subscriptions in France are now for broadband connections. ART also found that Internet access costs fell by almost two-thirds… Continue reading Broadband Internet Taking Off In France
EMAP chairman, Adam Broadbent, today delivered a confident trading update to the company’s AGM, saying that trading expectations for the full year are achievable. In the group’s year-end results, released in May, EMAP stated that was cautiously optimistic for the full year performance of its businesses (see EMAP ‘Cautiously Optimistic’ On Future Trading). With the… Continue reading Consumer Mags Advertising Resilient, Radio Still Down At EMAP
French broadcaster TF1 has confirmed that is interested in acquiring Kirch Media, following speculation in yesterday’s Financial Times newspaper (see TF1 Offers Low-End Bid For Kirch Media). The group says that it has sent a preliminary and non-binding letter to UBS Warburg, Kirch’s bankers, expressing interest in the acquisition of some of the group’s assets.… Continue reading TF1 Confirms Preliminary Interest In Kirch Media
EMAP chairman, Adam Broadbent, today delivered a confident trading update to the company’s AGM, saying that trading expectations for the full year are achievable (see Consumer Mags Advertising Resilient, Radio Still Down At EMAP). The company has seen a resilient performance in its consumer magazine advertising levels, with good underlying growth. Circulation revenues are well… Continue reading EMAP Ad Revenue Forecasts From Merrill Lynch
Robert Coen, director of forecasting at Universal McCann, has revised down his advertising predictions for 2002. He said that spending would increase by 2.1% to $236.2 million in the US this year as against his previous forecast of 2.4% (see Forecasts). The respected prognosticator cites the weakness of the stock market as the main reason… Continue reading McCann Expert Revises Ad Forecasts
The number of visitors to local newspaper sites in the United States is rising faster than the total internet audience, according to a report by comScore Media Metrix. The study examined newspaper sites in ten major markets between December 2001 and May 2002 and found only a few examples where the growth in internet usage… Continue reading Traffic To US Newspaper Sites Soaring, Says comScore
Total US magazine advertising revenue increased 6.1% year on year in June, closing at $1.4 billion, according to the latest data from the Publishers Information Bureau (PIB). However, the number of advertising pages fell by 1.2%, to 18,905. In the calendar year to date, advertising revenue closed at $7.7 billion, a decline of 1.6%, and… Continue reading US Mags Revenue Grows, But Volumes Decline In June