Conditions in the UK advertising market continue to be difficult, according to a first half financial results statement from publishing group Highbury House Communications, released this morning. The group says that compared with the current trading conditions, those of H1 2001 were reasonably favourable, with the major downturn not occuring until the second half of… Continue reading Highbury Sees No Improvement In Difficult Ad Conditions

Pre-tax losses at magazine publisher I Feel Good (IFG) dropped from £1.1 million in the first half of 2001 to £285,000 this time, the group announced this morning. Operating loss fell from £1.2 million to £169,000 during the period. IFG publishes men’s magazine Jack, along with Viz, Bizarre, Fortean Times and Leeds, Leeds Leeds, all… Continue reading I Feel Good Figures Look More Pleasing In First Half

First half pre-tax profits at Johnston Press jumped by 25.2% to £50.6 million, boosted by the acquisition of Regional Independent Media (RIM) in March this year (see Johnston Press Acquires RIM Newspaper Business). In financial results released this morning the regional publisher reported that advertising revenues rose by 1.2% on a like for like basis… Continue reading Johnston Press Sees Positive First Half Figures

Most US media are now showing positive advertising growth, although this is largely due to the easy comparables of last year rather than a lift in underlying advertising budgets, according to analysts at Merrill Lynch. The broker believes that this slow recovery will continue, but notes that it is a fragile one, as most ad… Continue reading US Advertising Update From Merrill Lynch

As internet usage grows, the medium is set to take a growing share of total advertising spend over the next several years, according to a report from JPMorgan, as covered by Jack Myers Report. Looking at the US market, the report predicts that as advertisers look to reach consumers in what is an increasingly fragmented… Continue reading Internet Will Take Increasing Share Of Advertising, Finds JPMorgan

Falling CD sales have prompted the music industry to resume its attack on the internet. It is backed up by growing evidence that the rise in illegal downloading is impacting on artists and record companies. New data from PricewaterhouseCoopers reveals that CD shipments in the US fell by 7% in the first half of 2002.… Continue reading Fall In US Music Sales Blamed On Internet Downloaders

First half US advertising revenue came in pretty much flat, according to new figures from CMR, suggesting that, at the moment, a solid rebound seems far from likely this year. CMR’s data shows that overall spend dropped by 0.2% in H1 2002, to $53.7 billion, as against a particularly weak H1 2001. This flat performance… Continue reading US First Half Adspend Comes In Flat, According To CMR

A new report from Forrester Research reveals that while the growth in internet usage is slowing, there are now more regular online shoppers. The internet penetration rate in Europe rose from 43% in the final quarter of 2001 to 46% in the second quarter this year. However, although the number of new internet users appears… Continue reading Europeans Revel In Online Shopping Experience

Newspaper advertising expenditures for the second quarter of 2002 reached $10.9 billion, down 1.8% year on year, according to preliminary estimates from the Newspaper Association of America (NAA). Retail advertising spending was flat in the quarter, off just 0.1% to $5.3 billion. National was down 1.7% to $1.8 billion and classified slipped 4.1% to almost… Continue reading US Newspaper Revenue Down 4.0% In First Half, Says NAA

US magazine readership amongst adults has increased by 5.3% since 1998, outpacing the 4.4% growth in the adult population over the same period, according to the Magazine Publishers of America (MPA) and Mediamark Research Inc. (MRI). Ellen Oppenheim, chief marketing officer and executive vice president of the MPA, notes that this growth comes despite the… Continue reading US Magazine Readership Growth Outpaces Population Rise