Kirch Media has today filed a bankruptcy order with the German courts following months of financial malaise and increasing pressure from banks and investors (see Kirch Sell Off Begins). Last ditch attempts to rescue the company including talks with minority shareholders Rupert Murdoch and Silvio Berlusconi, from insolvency have failed. Kirch Gruppe’s debts are thought… Continue reading KirchMedia Files For Bankruptcy Signalling The Demise Of The Kirch Empire

According to figures ‘leaked’ to the Sunday Times the current slump in commercial TV revenue is about to end. A report in yesterday’s newspaper included forecasts for TV revenue showing a predicted 11.6% increase for May and a 7% increase for June. Following a decrease of around 13% in January and February the forecasts seem… Continue reading Leaked Figures Forecast End Of TV Slump

The latest results from the quarterly Barclays Internet Index reveal that online confidence has risen yet again to an all time high. Internet usage has remained at 46% over the last three months whilst confidence has been increasing steadily since August 2001 according to the bank. Internet users are conducting more complex day-to-day tasks –… Continue reading Barclays Says Confidence In Online Banking Is At All Time High

Strategy Analytics predicts a slow beginning for the deployment of the new interactive TV standard, Multimedia Home Platform (MHP). However, the company believes that MHP will eventually become commonplace around the world, reaching 42% of digital TV homes around the world by 2008. MHP is a proposed standard for developing interactive applications within digital television… Continue reading Slow Start For Interactive TV Standard, Says Strategy Analytics

The PPA reveals that ad revenue from consumer magazines is forecast to outperform the market again in 2002, according to new figures from the Advertising Association. UK Press Forecasts From The Advertising Association      Total  National Newspapers  Regional Newspapers  Consumer Mags  Business Mags  2002 Q1 -10.0 -15.8 -2.0 -3.3 -18.4 Q2 0.5 2.3 1.2… Continue reading Consumer Mags Will Outperform Market In 2002, Says AA

Television adspend in 2001 was £3.5 billion, a decrease of 11% decrease on the total spend for 2000. This represents a loss of £425 million in advertising revenue for the television industry, and takes the 2001 total below the level it was in 1999. The AA forecasts that TV revenue in 2002 will be £3.4… Continue reading TV Will Rebound In 2003, Says AA

Spending on eBusiness technology will drop from an average of 3.5% of revenue in 2001 to 3% in 2002 according to Forrester. The researcher surveyed 900 firms globally and found that average 2002 eBusiness technology budgets are $29 million compared with $41 million in 2001. “Most companies will curb the number and types of technology… Continue reading eBusiness Spending Will Fall In 2002, Says Forrester

Following the financial crisis at Kirch Gruppe (see Kirch Sell Off Begins), the German government is to step in in order to protect the German football league from insolvency. In a situation eerily similar to the collapse of ITV Digital and the repercussions for the English league, KirchMedia is unable to honour payments due to… Continue reading German Government Will Step In To Save Football League

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

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