According to the latest data from The Harris Poll, two thirds (66%) of all adults are now online. This total includes 55% of all adults who access the internet from home and 30% who access it from work. One in five adults get their internet access from a school, library, cyber cafe or other location.… Continue reading Harris Sees A Return To Growth For Online Population

Thirty-five percent of European digital television (DTV) subscribers will use interactive TV (iTV) banking services by 2005, according to research from Celent Communications published this month. Consumer adoption levels will depend on the product mix and interactive content provided by banks on the digital TV screen, according to the report. Source: Celent, April 2002 iTV… Continue reading TV Banking Will Be Used By 35% Of Europeans By 2005, Says Celent

Pre-tax profits at marketing and communications company, Cordiant Communications, more than halved in 2001 following a year of restructuring and cost-cutting. Profits fell by 52.2% from £57.5 million in 2000 to £25.7 million for the year ended 31 December 2001. This is excluding exceptional items and goodwill, after which Cordiant posted a pre-tax loss of… Continue reading Cordiant Profits Hit By ‘Extremely Difficult’ Year

Continued weakness in the US economy has pushed WPP Q1 revenues down by 2% on last year, £945.8 million for the period to end of March 2002 compared with £966.4 million last year. A 6% revenue increase in Europe was abrogated by a drop of 7% in North America, the UK was up over 2%.… Continue reading Continued US Weakness Hits WPP Revenues

Kirch Group’s loss making pay-TV division, Premiere World, has been approached by a number of interested parties hoping to take a stake in the business, chairman Goerg Kofler has told the Financial Times Deutschland in an interview. Recent speculation has been over the possibility of BSkyB increasing its 22% stake in Premiere World, although the… Continue reading Kirch Pay-TV Receives Suitor Interest, Says FT Deutschland

Following the release of Q1 sales totals, Finnish mobile phone giant Nokia yesterday slashed its growth forecasts for 2002, knocking confidence in the telecoms market and causing its shares to plummet. Recently renewed optimism, brought about in part by Motorola’s reassurance that it was on target to attain positive growth this year, was reversed as… Continue reading Nokia Slashes Growth Forecasts For 2002

Nokia yesterday slashed its growth forecasts for 2002, knocking confidence in the telecoms market and causing its shares to plummet. Recently renewed optimism, brought about in part by Motorola’s reassurance that it was on target to attain positive growth this year, was reversed as telecoms shares including Ericsson, Motorola and Alcatel fell. Nokia has downgraded… Continue reading Nokia Slashes Growth Forecasts For 2002

colspan=”9″>Global E-Cinema Forecasts From Screen Digest 

India’s film business is set for a period of sustained growth according to new research by Dodona. Dodona forecasts that production investment will rise 70% by 2006 and that the Indian film industry’s export revenues will rise 120% over the same period. The researcher also predicts that foreign films’ theatrical rentals in India will also… Continue reading Indian Multiplex Boom Will Provide Boost For Bollywood

Pre-tax profits fell by 39.0% to £36.0 million at SMG, whilst turnover dropped by 6.6% to £280.8 million, according to the company’s year-end financial results released this morning. Whilst SMG has clearly been hit by the advertising downturn in the year to 31 December 2001, these results are pretty much in line with market expectations.… Continue reading SMG Profits Hit By Ad Downturn