According to the report, Wireless Internet Access over Unlicensed Spectrum: An Alternative to 3G Mobile Data Networks from Pioneer Consulting, wireless internet promises to be a lucrative market with global equipment revenues expected to grow from $3.1 billion in 2002 to $19.1 billion in 2008. Pioneer believes that the internet and mobile markets will converge… Continue reading Global Mobile ISP Revenue Will Reach $18.4 Billion By 2008
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US newspaper advertising expenditures for Q1 2002 totaled $9.7 billion, a decrease of 6.2%, according to preliminary estimates from the Newspaper Association of America (NAA). The latest figures show a gradual improvement in several categories and a less severe decline from the previous quarter, when spending fell 11.9%, says the NAA’s statement. Retail advertising fell… Continue reading US Papers See Slowing Ad Growth Decline In Q1 2002
Carlton Communications Plc and Thomson multimedia have signed a joint agreement to acquire the cinema advertising interests owned by UGC of France and the Belgian broadcaster RTBF. The acquisition will be made via a new joint venture company, 50% owned by Carlton and 50% by Thomson. The deal comprises a cash consideration of Euros 100… Continue reading Carlton And Thomson Extend Cinema Interests In Europe
A $4.0 billion write-off of News Corp’s stake in Gemstar TV has left the corporation with a post-tax loss of $4.2 billion for the three months to the end of March (the third quarter of the group’s financial year). However, despite the exceptional write-off, revenues were up 17.7% to £3.85 billion and operating income was… Continue reading News Corp Profits Hit By Gemstar Write-Off
Publicis Groupe SA, joint owner of the Zenith Optimedia Group, yesterday reported consolidated revenues of E576 million for the first quarter of 2002, an increase of 4.6% over the E550 million reported for the same period in 2001. Taking into account constant exchange rates and identical unit reporting, revenues fell by 2.2% in Q1, slightly… Continue reading Publicis Revenues Up 4.6%, Beating Expectations
Digital radio, or digital audio broadcasting (DAB), will gain broader consumer acceptance within the next five years in Europe and the US, according to a new report from In-Stat/MDR. Despite what In-stat describes as ‘a series of difficulties in the early years of development’, DAB and digital audio radio services (DARS) are now beginning to… Continue reading Digital Radio To Gain Consumer Acceptance By 2005
Despite the emergence of next-generation Multimedia Message Services (MMS), Ovum believes that SMS will continue to be the dominant technology used for person to person messaging via mobile phones during the next two or three years. MMS usage will only begin to grow strongly around 2004-2005. John Delaney, principal analyst at Ovum, said: “Although vast… Continue reading MMS Will Not Take Off Till 2004, Says Ovum
The majority share of US prime time television viewing went to the cable networks for the first time in the 2001/2 season, according to data reported by Jack Myers Report. The basic cable networks took a 46% share against the four major broadcast networks’ 45%, according to figures compiled by Discovery Communications. Previously the four… Continue reading Cable Overtakes Major Broadcast Networks For US Prime Time Share
The Football League has proceeded with its threatened legal action against the owners of ITV Digital, launching a £178.5 million claim against Carlton and Granada. The League is seeking a declaration that Carlton and Granada are liable as guarantors for payments totalling £178.5 million owed by ITV Digital (see Football League Battle With ITV Digital… Continue reading Football League Kicks Off Action Against ITV Digital Owners
BSkyB yesterday afternoon exercised its put option with respect to its 22% stake in KirchPayTV in a move that is likely to be the final nail in the coffin for the heavily-indebted media group Kirch. KirchPayTV last week filed for insolvency due to illiquidity and huge debts (see KirchPayTV Files For Insolvency, BSkyB Expects No… Continue reading BSkyB’s 22% Put Option Set To Force Kirch Collapse