Advertising revenues at Granada were up by 14% in May, the company told a Merrill Lynch conference this morning. The group also said that there is now limited forward visibility, something which has so far been unavailable according to most media groups. June will show revenue up 7%, with July rising 6%. The strong US… Continue reading Granada Sees Some Visibility, Revenue Up 14% In May

Telewest Communications faces a possible ‘funding gap’ if its operating performance fails to meet certain standards, admitted group chief executive Adam Singer at the company’s AGM today. The heavily indebted UK cable group has instigated a wide-ranging reorganisation, along with a substantial reduction in staff numbers in order to bring down costs (see Indebted Telewest… Continue reading Telewest Could Face ‘Funding Gap’, Says Singer

Global market research group, Taylor Nelson Sofres (TNS), has acquired the business and assets of Evaliant Media Resources, an international provider of online advertising data and analysis tools. Evaliant will be combined with the online ad-tracking division of TNS CMR, enhancing its position in this market, TNS said this morning. Evaliant’s turnover for the year… Continue reading Taylor Nelson Sofres Acquires Evaliant

As expected, it looks as though News Corp is all set to acquire Italian pay-TV group Telepiù, in a deal worth E1.5 billion, according to reports. The deal would see Rupert Murdoch’s media empire become the sole pay-TV operator in Italy, according to a report in the Financial Times. At the end of last month… Continue reading News Corp Set To Take Telepi

In the words of Merrill Lynch analyst Lauren Rich Fine, an advertising recovery is ‘brewing’, but it is only ‘percolating’ slowly. This seems to be the general opinion of analysts and media companies alike during May. A similar picture of a slow, but palpable upturn in the media economy appears to be taking place in… Continue reading Insight Analysis: Media Healthcheck – May 2002

US media spend is set to be flat in 2002, according to new, revised forecasts from Jack Myers Report. Myers Report has slightly reduced its figures 2001, 2002 and 2003 in the quarterly update published in June. Total spend is set to hit $151.2 billion in 2002 and $156.0 billion next year, down from the… Continue reading 2002 US Media Spend To Be Flat, Say Revised Myers Forecasts

According to a new report from Gartner, GPRS networks will struggle to match the expectations of mobile operators until the application gap has been bridged to allow universal use of the technology. Analysys had previously indicated that General Packet Radio Services (GPRS), allowing consumers and business constant access to the Internet, would have 6 million… Continue reading GPRS Set To Miss Targets, Says Gartner

Commercial Radio needs to face up to “serious issues” if it is to raise its profile in the UK, according to a new report from media consultants, Billetts. In a review of the industry, commissioned for JP Morgan, it is acknowledged that radio experienced significant growth during the 1990s and its share of display advertising… Continue reading Commercial Radio Must Be Upwardly Mobile, Says Billetts

Video on-demand (VOD) will generate more than $1.9 billion in revenues worldwide by 2006, according to a new report from In-Stat/MDR. As the number of cable modems and digital subscriber line (DSL) services continue to increase throughout the world, VOD services over internet networks will grow to a total of more than 17 million users… Continue reading Global Video On Demand Revenue To Reach $1.9bn By 2006

A new report on global entertainment and media (E&M) spend published by PricewaterhouseCoopers has found that the industry will enjoy a compound annual growth rate (CAGR) of 5.2% between this year and 2006, eventually reaching $1.4 trillion (see Entertainment And Media Spend Set For 5.2% Growth To 2006, Says PWC). The report also makes a… Continue reading PricewaterhouseCoopers Predicts Global Media And Entertainment Sector Growth