US network and spot television spending for the 2002 Winter Olympics will total approximately $700 million, up 11.6% on the $627 million grossed in the last Winter Olympics, according to data released by CMR yesterday. During the 1998 Winter Olympics in Nagano, network television grossed $480 million, while spot television totaled $147 million. In 2000,… Continue reading Winter Olympics US TV Revenue To Rise 12% On 2000’s Event

Video on demand (VOD) services could prove to be pivotal in the fortunes of cable companies in 2002 and 2003, with many operators relying on VOD revenues to enable them to reach their forecasts. According to Jack Myers’ analysis of the state of the cable industry in the US, it is the delivery and marketing… Continue reading Timing Video On Demand Launches Could Be Crucial For Cable Companies, Says Myers

Capital Radio and UBC Media Group have announced the formation of a joint venture to develop digital radio data services in the UK. Capital owns regional and local digital radio licences and UBC controls data capacity on the digital multiplexes owned by the MXR consortium. Under the terms of the new venture, Capital and UBC… Continue reading Capital Radio And UBC Team Up To Push Digital Radio Multimedia Content

French advertising group, Havas, has posted a 24.9% increase in revenues and net new billings worth E2.1 billion for the year ended December 2001. The final quarter of the year saw the group – the world’s fifth largest advertising network – pick up E600 million of new business, up from E400 million in Q3. New… Continue reading Havas Revenues Strong, Global Outlook Remains Cautious

Media stocks reacted positively to the full-year results posted by French advertising group Havas this morning, with WPP, Aegis and United Business Media (UBM) all showing strong gains. Havas posted a 24.9% rise in revenues for the year to December and despite a cautious outlook from chairman Alain de Pouzilhac, shares in WPP had rallied… Continue reading Media Shares Boosted By Havas Results

News Corp has reported post-tax profits down by 24.8% to $203 million, as the group’s Q2 financial results were released in New York yesterday evening. However, strong performances at the group’s film and cable businesses saw a pro forma revenue growth of 3%; cable network programming’s operating income rose by 36%, driven good subscriber growth.… Continue reading News Corp Profits Dip, UK Newspapers Show Weak Ad Levels

Cinema advertising revenue hit a record high during 2001, growing by 28% year on year to reach £164 million, according to data from the Cinema Advertising Association (CAA), as reported by ABN Amro. Data from ACNielsen MMS, compiled by the broker, show that more advertisers used the medium than ever before, with Channel 4 topping… Continue reading Cinema Revenue Hits Record Year In 2001

New research from Oftel reveals that 63% of small and medium sized businesses are now online, an increase from 55% in May 2001. Almost two thirds now also use a mobile phone. The research, carried out during November 2001, also revealed that 36% of all SMEs use more than one fixed telecoms supplier and a… Continue reading UK Small Business Internet Use Growing, Says Oftel

Emarketer has compiled an analysis of forecasts for the growth of public access wireless local area networks (WLAN) in the US. WLANs allow mobile users to connect ‘wirelessly’ to a local network – such as a school educational system for example. Forecasts from Analysys show that 21 million people in the US will be using… Continue reading Wireless Local Networks Will Be Used By 21m Americans By 2007

According to the Digital Home Entertainment Survey, a recent report from the Yankee Group, 30% of US consumers are likely to purchase an advanced cable set top box (STB) through the retail channel, provided the cost did not exceed $350. It is thought that set top box purchase, as opposed to renting which is common… Continue reading Retail Set Top Box Market May Be Viable, Says Yankee Group