Online Advertising: Statistics, Strategies, Projections & Trends, a new report released yesterday by eMarketer predicts that US online advertising spending will increase by 11% in 2002, quite a comeback from the 11% drop seen in online spend in 2001. Other researchers forecast similar growth rates, 16 of the 18 estimates compared by eMarketer in the… Continue reading Online Ad Spending Will Bounce Back In 2002, Says eMarketer
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Bill Gates, chairman of Microsoft, has blamed operators’ high prices for the lagging development of broadband internet access in the US, according to a report in the Financial Times. Gates told the World Economic Forum this weekend that the US’ high-speed residential communications development will fall behind other countries for the next five to six… Continue reading US Broadband Development Will Fall Behind Other Countries, Says Bill Gates
Jupiter Media Metrix forecasts that the online travel market (sales of air travel, car rentals, cruises and hotels) will be worth $64 billion by 2007. In 2001, the total spent online on these services was $24 billion. According to a Jupiter consumer survey, 77% percent of consumers who research or purchase their travel online visit… Continue reading Online Travel Will Be Worth $64 Billion By 2007
In a meeting with FA officials yesterday, football league chairmen decided that there should be no compromise on the £89.25 million payment expected by the league from ITV Digital in August. Following ITV Digital’s announcement that they would honour a £20 million payment owed to the Premiership in lieu of broadcast rights, the FA chairmen… Continue reading Football League Battle With ITV Digital Continues
A US Court Of Appeals has ruled that the Federal Communications Commission’s ‘8-voices’ ownership rule is ‘arbitray and capricious’, according to a report on Mediaweek.com. The 8-voices rule was established in August 1999 and prevents television operators from running duopolies and local marketing agreements in markets where there are less than eight voices. The Court… Continue reading US Court Brands 8-Voices Ownership Rule ‘Arbitrary And Capricious’
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
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
