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
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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
Silicon.com reports that BT is evaluating super-high-speed broadband, Very high-speed Digital Subscriber Line, in an effort to move towards the next generation of broadband access. The service can deliver a thousand times faster than via traditional telephone wires with a downstream time of 52 Mbps. Silicon.com predicts that BT will role out the new service… Continue reading BT To Launch ‘Next Generation Broadband’ In 2006
According to NetValue the number of ‘silver surfers’ in the UK is continuing to grow with more than 2 million people in the 55+ age group regularly accessing the internet. This is 13% of the total UK home online population. Sweden has the highest percentage of ‘silver surfers’ in Europe with the 55+ age group… Continue reading NetValue Reports ‘Silver Surfer’ Population Continues To Grow
By 2006, entertainment on the mobile phone will generate 10p per subscriber per day according PPAi. In addition, 25% of all mobile subscribers in Europe will receive advertising. Pure information services, such as news and stock quotes, are expected to generate two pence per subscriber per day. Horoscopes, cartoons, soap opera updates and screen savers… Continue reading Mobile Phone ‘Entertainment’ Will Generate 10p Per User Per Day By 2006
Carlton and Granada have confirmed that an application has been made to the High Court for an administration order to be made in relation to ITV Digital. Deloitte & Touche, called in to review the group’s financial situation, will be appointed as administrators, as expected (see ITV Digital Requires ‘Urgent Fundamental Restructuring’ Say Owners). A… Continue reading End For ITV Digital Confirmed
GWR today released a trading update for the year ending 31 March 2002. In January the group announced that like for like revenues for the UK were down by 10.8% year on year for the quarter to 31 December 2001 (see Trading Updates Offer Little Hope To Radio Industry). For Q1 2002, GWR anticipates that… Continue reading GWR Sees ‘Some Improvement’ In UK Radio Market
