New research suggests that traditional classified advertising is losing out to online recruitment sites with a huge number of people looking to the internet to find employment. According to eMarketer, a recent survey which polled more than 36,000 residents of the European Union, Iceland and Norway, including both internet users and non-users, found that 30.2%… Continue reading Online Jobs Boom Signals Gloom For Classifieds

Email has officially become more popular than post, says Net Value, with the number of emails being sent and received from UK households exceeding letters by nearly 300 million in January 2002. NetValue reported that more than 452 million emails were sent and received by British homes in January in addition to more than 100… Continue reading Email Now ‘More Popular Than Post’ Says Net Value

Almost 9% of the worldÂ’s population now has access to the internet according to a report compiled by Nua. Based on data collected from various sources, Nua estimate that the global internet audience had grown to 544.2 million users by the end of February 2002. An increase of 30.79 million users since August 2001 when… Continue reading Global Online Population Continues To Grow

Bertelsmann has announced today that it will not proceed with a voluntary public offer for the shares of RTL Group which it does not already own. Bertelsmann has been considering an E44 a-share public offering since its acquisition of RTL in December (see Pearson Agrees Sale Of RTL Stake). The group has also increased its… Continue reading Bertelsmann Abandons RTL Public Offering

UK advertising and public relations group, Chime Communications, this morning confirmed that it had achieved its target of double-digit growth, despite ‘the horrors’ of 2001. Announcing its financial results for the year ended 31 December 2001, the group said that despite some optimistic comments made at the end of last year, the market remains pretty… Continue reading No Recovery Until Second Half Says Chime Communications

Future Network, the international games and specialist consumer magazine publisher, has today said that it has been encouraged by the trading of January and February this year and described the previous financial year as the most difficult in the company’s history. Future has had a very rocky ride of late. Its market capitalisation has plummeted;… Continue reading Games Mags Recovery Could Drag Future Out Of ‘Most Difficult’ Period

Despite falling from the ‘heady days’ of triple-digit growth, internet advertising still outpaced the rest of the UK media industry last year, rising 28% year on year, according to a brief released by Forrester Research this week. The latest statistics from Evaliant’s AdWatch ad tracking service show that the overall UK online advertising market reached… Continue reading UK Online Advertising Grows 28% In 2001

Consumer spending is outpacing GDP growth in the UK and as such is acting as a significant driver for media growth, according to ABN Amro. The broker says that consumer expenditure accounts for almost 50% of industry revenues and its current resilient growth is providing a significant secular driver for media. In a sector note… Continue reading Consumer Spend Drives Media Industry Growth

Jupiter Media Metrix yesterday forecast that revenues from paid online content will grow to $5.8 billion by 2006, up from $1.4 billion in 2002. According to Jupiter revenues for general content will rise from $700 million in 2001 to $2.3 billion in 2006 whilst revenues from online games and digital music will total $1.8 billion… Continue reading Online Future Will Mirror Cable TV, Says Jupiter

According to Scarborough Research, mobile phone ownership in the US has grown by 29% over the past two years. Almost two thirds – 62% – of American adults now own a cell phone. In 1999, only 48% of US adults owned a cell phone and in 2000 the total had grown to 55%. Scarborough believes… Continue reading US Mobile Phone Growth Will Continue, Says Scarborough