French media group Vivendi Universal (VU) has reached an agreement to buy the Italian pay-TV platform, Stream, from News Corp, according to a report in the Financial Times. The paper reports that VU will pay $390 million for the business. In principle, Stream will be merged with Vivendi’s Telepiu business, although the Italian regulation authorities… Continue reading Vivendi To Buy News Corp’s Stream In Italy, Says FT
ARCHIVE ▸ The Media Leader Staff
2001 was ‘one of the most capricious years in decades’ for the media and advertising industries, according to a new report from the Billetts, with UK TV prices ending up at their cheapest since 1994. This appraisal of the year comes from Billetts’ Media Forecasts 2002 report, which predicts that there will be a slow… Continue reading Billetts Sees Return To Ad Growth Around September 2002
By 2005, US online advertising will be worth $18.8 billion, according to a GartnerG2 report released this month. This 2005 figure represents a 138% growth on the $7.9 billion of 2001. Gartner says that while advertising growth remains flat or receding in television, radio and print, online advertising revenue is set to grow considerably, but… Continue reading US Online Advertising To More Than Double By 2005
Publishing company, Highbury House Communications, says that it has experienced a slowdown in advertising revenues in the final quarter, after earlier indications were that revenues were running at ‘acceptable’ levels. Both advertising and newsstand revenues have been softer following the events of 11 September, according the company’s trading statement released today. As a result, profit… Continue reading B2B Slump Catches Up With Highbury House
Rumours yesterday that global advertising network Publicis is looking to acquire the world’s ninth largest advertising and marketing agency, Cordiant, have this morning been denied by both parties. Analysts at ABN Amro said that whilst the deal made some financial sense, it was unlikely to transpire, not least because Cordiant is currently a ‘relatively low… Continue reading Publicis’ Interest In Cordiant Denied
US radio advertising revenue remained weak in October, according to new figures from the US Radio Advertising Bureau (RAB). Local sales figures for October fell 6% year on year, while national spend was down 15% and the combined total was down 8%. In the year-to-date, local figures dropped 4% during the first ten months of… Continue reading Top 15 Markets Pull Down US Radio Ad Revenues, Return To Growth Predict For 2002
Sales of IP telephones – telephones that transfer voice and data via the internet – grew by 111% in Europe year on year in 2001, according to research published this month by IDC. The report shows that there was a push in IP (internet protocol) enabled phones in the latter part of 2000. IDC forecasts… Continue reading IP Telephone Market Set For 108% Sales Growth 2000-2005
Pearson, owner of the Financial Times, has this morning issued its second profits warning in two months (see Pearson Warns That FT Profits May Fall By 40%). The company said that profits from its education operations could be as much as $51 million lower than expected due to a slowdown in the Latin American market… Continue reading Pearson Warns On Profits Seeing ‘No Material Recovery’ In Ad Market
In a report published this morning, ABN AMRO released downgraded advertising forecasts for the European and Global markets saying that no recovery was yet evident. Q3 advertising growth in Europe fell slightly more than ABN was expecting, 7.6% against ABN’s forecast of 7.5%. This was largely due to a greater than anticipated drop in the… Continue reading No Upturn In European Advertising, Says ABN AMRO
The slight downgrades in European advertising forecasts (see Forecasts) has led ABN AMRO to downgrade its global forecasts slightly. ABN Global Advertising Forecast Changes 2001 2002 Old (%) New (%) Change (pp) Old (%) New (%) Change (pp) N America -8.2 -8.2 – -2.7 -2.7 – France -4.1 -3.8 0.3 -2.3 -2.2 0.1… Continue reading Global Advertising Forecasts From ABN AMRO