Combined revenue generated by the ‘big three’ US television – ABC, CBS and NBC – networks dropped more than 10% in 2001 – the largest annual loss in network history, according to a Hollywood Reporter story published today. Quoting the Broadcasting Cable Financial Management Association, the site says that this decline is a further indication… Continue reading ‘Big Three’ US TV Networks Suffer Record Revenue Falls

Carlton Communications chairman Michael Green, today told the company’s AGM that the advertising market remains weak and that he is unable to predict with any uncertainty the timing of a resumption in growth. Nevertheless, Green reassured that Carlton is well-positioned to benefit from a recovery in demand for advertising, when it does transpire. ITV revenues… Continue reading ITV Revenues Predicted To Be 12% Down In Five Months To February

The Boards of Carlton Communications and Granada last night said that a “fundamental restructuring of ITV Digital’s cost base must be concluded as a matter of urgency in order to secure the long term future of the business.” The financial viability of the troubled digital terrestrial business has been the subject of speculation for some… Continue reading ITV Digital Requires ‘Urgent Fundamental Restructuring’ Say Owners

Combined revenue generated by the ‘big three’ US television – ABC, CBS and NBC – networks dropped more than 10% in 2001 – the largest annual loss in network history, according to a Hollywood Reporter story published today. Quoting the Broadcasting Cable Financial Management Association, the site says that this decline is a further indication… Continue reading ‘Big Three’ US TV Networks Suffer Record Revenue Falls

Although the advertising slump is forecast to continue through to the end of 2002, media analysts are confident that spending will return in 2003 and investors need not worry. “Advertising isn’t an investment priority. We assume it will come back, we assume it will be feeble in 2002 but will come back in 2003,” said… Continue reading ‘Extraordinary Bulge’ Led To Ad Decline In 2001

According to the Interactive Broadcast Media Report: Streaming Audio and Video Market Growth 1998-2004 report from AccuStream, streaming media grew healthily in 2001 with video streams rising 149% to 2.5+ billion served, 51% at broadband bit rates. Internet audio tuning hours also grew by 100% to 100 million hours per month and it was a… Continue reading Broadband Video Streaming Surpassed Narrowband In 2001, Says AccuStream

New findings from Ipsos-Reid show that fewer than 1 in 10 (8%) Americans over the age of 12 who have ever downloaded or streamed music off of the internet have actually paid for this material translating to only 4 million people. Additionally, 84% of those who have downloaded music without paying report they would not… Continue reading US Music Downloaders Unwilling To Pay, Says Ipsos-Reid

Whilst many believe that newspaper websites diminish the number of readers who will actually fork out for a paper copy of their chosen paper, analysis of circulation at 236 French newspapers by Pressflex shows no such effect. On the contrary, a typical French newspaper with a web site outperformed its siteless peers between 1999 and… Continue reading Newspaper Websites Are Not Reducing News-Stand Sales, Says Pressflex

Major UK media players, Carlton Communications and Granada Media, have announced that discussions regarding a possible merger have been terminated. Any potential merging of the interests of the two major ITV shareholders would have been dependent on an anticipated change in current legislation which limits the percentage of advertising share which can be controlled by… Continue reading Carlton And Granada End Merger Talks

The Competition Commission has announced that its decision on the proposed acquisition by Johnston Press of eight Trinity Mirror newspaper titles (see Johnston Press Refers Free Trinity Papers Acquisition To Competition Commission) has been extended until 19 April 2002. The CC had been due to report on 22 February 2002 but has asked to be… Continue reading Deadline For Johnston/Trinity Decision Extended