Despite some positive indicators for media spending, Jack Myers Report has chosen not to upgrade its outlook for US media in 2002, restating figures released in December. Myers 2002 Media Spending Outlook Medium % Growth $ (x000) % Share Newspapers -2.0% 46,483 25.8 Broadcast Networks -4.0% 15,475 8.6 National Spot TV -9.0% 8,928 5 Broadcast… Continue reading Myers Restates US Outlook For 2002
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Growth of the US online population slowed in 2001 to 6%, reaching around 105 million ‘active’ users by year-end, according to the Year In Review report released at the end of March by Nielsen//NetRatings. Growth of the overall at-home users also slowed – to 10% – with the population reaching 174 million. A mature market… Continue reading US Internet Market Reaches Maturity In 2001
Half of US homes will be regular video on-demand (VOD) users by 2008, spending $26 billion on VOD services over the next seven years, according to a report from Strategy Analytics. The group says that ‘after years of unfulfilled promised, the age of content on demand is finally approaching.’ The report estimates that more than… Continue reading Age Of Content On Demand Approaches Says Strategy Analytics
The refinancing and debt reduction plans of telecommunications company NTL are thought to be progressing well, with details of a structure set to be announced within weeks, according to a report on today’s Financial Times website. NTL has appointed Credit Suisse First Boston, JPMorgan and Morgan Stanley to advise on a recapitalisation structure and reduction… Continue reading NTL May Take Temporary Bankruptcy As Refinancing Is Finalised
United Pan-Europe Communications (UPC) has today announced that the release of full-year results for 2001 will be delayed by a further two weeks in order to finalise “the appropriate accounting treatment of certain interest rate cross currency hedging agreements in the wake of UPCÂ’s default on its public debt on March 3rd 2002” The Dutch… Continue reading UPC Results Delayed
As we head into Q2 2002, the extent of the economic and advertising downturn is really making itself known. UK media companies are struggling with the twin curses of heavy debt and falling ad revenues. ITV Digital is to be sent to the administrators (see End For ITV Digital Confirmed), whilst NTL is struggling to… Continue reading Insight Analysis: Media Healthcheck – March 2002
In the face of stiff competition from direct broadcast satellite (DBS) pay-TV services, says Cahners In-Stat, the US cable television industry is focusing on the delivery of a “package” of digital services to consumers. These services include digital video service, cable modem service and cable telephony service. In order to provide these services, US cable… Continue reading ‘Plenty Of Room’ For US Digital Cable Growth, Says In-Stat
According to a report released today by Informa Media, on-demand TV is ‘about to take off’ with revenues set to rise by over 500% by 2007. Global ‘On Demand’ TV Forecasts By Region Households (000) 2000 2001 2002 2007 Asia Pacific 4,015 7,670 15,170 93,010 Europe 16,793 23,279 28,969 73,467… Continue reading On-Demand TV Set To Take Off, says Informa Media
Maiden Group this morning released full year results for 2002 revealing a decline in underlying sales although the company still outperformed the outdoor market. Outdoor sales revenue was £80.3 million, a slight increase on 2000 totals of £80.2 million. Underlying outdoor sales were down 0.8%, compared to decline in outdoor market of 2.8%. Maiden said… Continue reading Maiden Anticipates ‘Gradual And Measured’ Recovery In 2002
Scottish Radio Holdings (SRH) has released a trading update prior to the end of its half year on 31 March. The company indicated that while a decrease in group revenues is expected, its focus on local media has protected it from the full force of the media downturn. SRH’s revenue is expected to show a… Continue reading SRH Expects 3% Decrease In Interim Revenues