Shares in WPP rose to 686½ this morning as Lehman Bros reiterated its buy rating following an ad agency seminar yesterday. ABN AMRO reports that WPP may still see marginal improvements next year despite the ‘dull’ ad market. WPP CEO Sir Martin Sorrel believes that the current climate indicates a structural/fundamental shift in the ad… Continue reading WPP Acquires Global Sportnet But Sees No Ad Upturn In 2002
ARCHIVE ▸ The Media Leader Staff
Advertising Association The latest long term figures from the Advertising Association forecast that for the period to 2013, UK consumer magazine advertising revenue will grow in real terms by between 28% and 50% rising to between £841 million and £989 million. The Long Term Advertising Expenditure Forecasts report also predicts that during the same period,… Continue reading Insight Sector Report: PRESS – 22.11.01
Capital Radio has announced a shift in its investment plans which will see a drop in funds for interactive ventures and an increase in money going to digital radio. Expected spend on digital radio is set to increase by a third, from the £3.0 million spent in 2001 to £4.0 million in the new financial… Continue reading Capital Shifts Invesment From Online To Digital
Almost 40% of British adults now have home internet access and six service providers each control more than 5% of this total subscriber base, according to data from Forrester Research released today. The research company says that the penetration of home Net access has risen from 32% of adults to 40% in only the last… Continue reading Britain’s Home Internet Access Reaches 40% Of Adults
Revenue Terrestrial: Recent analyst forecasts suggest that in the coming months ITV revenues will not deteriorate further to any great degree, but nor will it improve sufficiently to pick up the full-year average. Despite this, the run up to Christmas is expected to be poor for ITV. Analysts at ABN AMRO are sticking by their… Continue reading Insight Sector Report: TELEVISION – 21.11.01
Pre-tax profits at GWR Group fell by 70.2% during the six months to 30 September 2001 to £2.8 million, the company announced this morning. The decline is clearly a result of the deteriorating advertising market that has hit virtually all media companies over recent months. GWR said that advertising revenues were down by 5.9%, but… Continue reading GWR Profits Drop 70% On Poor Advertising Market
Publishing group, Highbury House Communications, has acquired Millennium Magazines for an initial sum of £1.47 million. Millennium publishes Satellite TV Europe, which had generated revenues of £1.4 million and a pre-tax profit of £274,000 in the 11 months ended 31 October 2001. The current monthly circulation is 75,000 copies. Highbury House may make further payments… Continue reading Highbury House Acquires Millennium Magazines
ITV is now close to sealing a deal with BSkyB that will see the Network’s channels broadcast via the digital satellite platform, according to a report in today’s Financial Times. The paper reports that the year-long wrangle between the two broadcasters (see Sky Will Not Sell ITV Sport Channel To Subscribers) may be settled in… Continue reading ITV Close To Securing Sky Digital Carriage, Says FT
The FT reports this morning that the government may soon act to abolish the media ownership laws brought into place in order to prevent Rupert Murdoch from expanding his media empire to include terrestrial TV in the UK. Murdoch, who controls more than 30% of the UK newspaper market with his News International titles, was… Continue reading Government May Relax ‘Murdoch’ Ownership Regulations
US business to business (B2B) advertising revenues declined by 23.6%, according to figures from the Business Information Network (BIN), quoted by analysts at ABN Amro yesterday. The data shows that advertising volumes fell by 21.7%. The technology and telecommunications sectors continue to suffer the most substantial declines, with Computers down by 18.9%; software down 23.9%… Continue reading US B2B Ad Revenues Fall By 24% In August