Trading conditions in the US technology publishing market remain challenging with no sign of any improvement, United Business Media (UBM) said this afternoon. In its AGM statement, the company said that its overall financial performance and outlook remain similar to the position outlined at the beginning of March (see UBM Shares Fall As Profits Are… Continue reading Tough Conditions In US Hi-Tech Continue, Says UBM
ARCHIVE ▸ The Media Leader Staff
Revenue from internet gaming in the UK is set to reach $361 million by 2006, up from $29 million in 2002 and $72 million this year, according to forecasts from Informa Media Group, released today. The number of Net game players is set to rise from 1.1 million this year to 4.2 million by 2006,… Continue reading UK Internet Gaming Revenue To Hit $361m By 2006
The UK Government may want the country to be the European leader in the new economy, but it is unlikely to get its way. This is the conclusion of an analysis of Western European internet penetration forecasts by Net Profit, published today. The forecasts, produced by Net Figures, show that the UK will lag behind… Continue reading UK Will Not Lead European Net Growth
People who read online newspapers tend to be internet “power users”, those who spend greater than average time and money online than general net users, according to a new report from the Newspaper Association of America (NAA). Newspaper websites also were rated the primary source of local news and information online, ahead of other local… Continue reading Online Newspapers Provide “Quality Audience” For Advertisers, Says NAA
According to a new report, New Media Markets’ UK Digital Television, published by Informa Media Group, digital TV penetration will reach only 64% by 2010. This is some way off the Government’s target for analogue switch off. Informa forecasts that Sky Digital will account for over half of all digital TV households by 2010, cable… Continue reading Government Switch-Off Target Cannot Be Met, Says Informa Media Group
Following the demise of ITV Digital, Merrill Lynch has downgraded its revenue forecasts for BSkyB. Full year revenue at BSkyB is now expected to come in at around £2,785 million, a decline of 0.4% on previous forecasts. Merrill says that conservative forecasts assume that BSkyB will pick up only 200,000 of ITV Digital’s 1.2 million… Continue reading Merrill Lynch Downgrades BSkyB Forecasts
Net loss at French media group Vivendi soared from E183 million in Q1 2001 to E17.0 billion for the first quarter of this year, according to the company’s financial results. Revenues came in at E13.2 billion, up from E11.3 billion last time. The results follow better than expected figures at Vivendi’s Media & Communications last… Continue reading Vivendi Universal Losses Soar In Q1 2002
Advertising agencies and media revenues are forecast to experience a slow, U-shaped recovery to the ad market, rather than a fast V-shaped one, according to analysts at Merrill Lynch. The broker says that it continues to expect revenues to be down for most media during the first half of the year, with only ‘muted’ gains… Continue reading Ad Agencies Stock Weak As ‘Muted’ Recovery Is Predicted
Online classified ads will grow faster than any other form of online advertising this year in the US, Jupiter Media Metrix reported yesterday. Spending is projected to increase from $1.2 billion in 2002 to $2.3 billion by 2007 according to a new Jupiter report, Online Advertising Through 2007: Is the Worst Over?. The strong performance… Continue reading US Online Ad Spend Will Reach $16 Billion By 2007, Says Jupiter
Revenue from magazine newsstand sales in the US fell by 1.2% to $4.4 billion in 2001, according to figures just released by Harrington Associates LLC and reported by the Wall Street Journal. The report says that this revenue is the lowest since 1996 and represents the first time that sales have fallen for two consecutive… Continue reading US Mags Industry In ‘Parlous’ State As Sales Dip For Second Year