ITV Digital now has 1.26 million subscribers, having added a further 46,000 during the last quarter of 2001. However, the digital TV is continuing to look at ways to reduce costs internally, including through job reductions. Churn – the proportion of people leaving the service – was 24.9% for the three month period. ITV Digital… Continue reading ITV Digital Adds 46,000 Customers In Q4 2001

Shares in global news and information provider Reuters have fallen heavily this morning, as the group posted full year profits that were down by 34% and said that the trading environment remains difficult. Huge restructuring and business start-up costs – the Business Transformation Programme – pushed Reuters’ pre-tax profit for the year to 31 December… Continue reading Reuters Stock Falls As Profits Drop 34%

Scottish Radio Holdings (SRH) has agreed to buy the Longford Leader Group, which publishes the Longford Leader in the Republic of Ireland, for approximately E9.1 million (£5.6 million), the group has announced. The Longford Leader was established in 1897 and is a weekly paid-for newspaper serving the counties of Longford, Cavan, Leitrim, Westmeath and Roscommon.… Continue reading Scottish Radio Buys Irish Newspaper Group

French outdoor group JCDecaux this morning reported full year results for 2001 which revealed revenue growth of 8.9%, in line with expectations and ‘comfortably’ ahead of both the outdoor and overall advertising markets which JCDecaux believes fell by 3.5-5% worldwide last year. Growth in 2001 was largely due to the performance of the group’s street… Continue reading JCDecaux ‘Comfortably’ Ahead Of Outdoor Market

Vivendi Universal released full year results this morning which showed revenue growth for 2001 of 10% and predicted that growth for 2002 would also be 10%. Publishing revenues were up 5% which countered a 1% drop in music revenues for the year. Publishing was boosted by success in the games and education divisions where revenue… Continue reading Vivendi Bullish On 2002 Revenues As Results Fall In Line With Expectations

According to the latest data from the Federal Communications Commission, high speed access in the US has grown by 250% since August 2000. The latest figues, to June 2001, reveal that there are now 9.6 million high speed subscribers in the US which signifies a 36% increase during H1 2001. 7.8 million of these subscribers… Continue reading High Speed Access Gathers Pace In US

According to a recent report by Gartner Dataquest the Australian PC market has finally rebounded following two quarters of consecutive double-digit negative growth. Year on year growth for the Q4 2001 was 5.9% and the quarter on quarter growth rate, compared to the previous year, also increased by 10.9%. Dataquest analyst, Andy Woo, remained cautious:… Continue reading Australian PC Market Shows Signs Of Recovery

The number of internet users globally grew to a record 308.8 million in January 2002, according to ComScore. This represents an increase of 1.3% on December’s total. The increase was largely driven by growth in the number of users outside the US. An increase of almost 2% was recorded amongst the non-US audience where users… Continue reading Global Internet Users Hit 308.8 Million In January

A quiet December in the UK magazine industry saw the annual number of new launches fall slightly year on year in 2001. According to the February release of data from Seymour, total launches fell by 8.0% from 427. The quiet December, with only 28 regular frequency launches, dragged the overall growth for 2001 into the… Continue reading Quiet December Pushes Number Of 2001 UK Mags Launches Below 2000

Total US magazine advertising revenue for the month of January closed at $799.9 million, a 9.6% decrease from last year, according to the latest data from the Publishers Information Bureau (PIB). Advertising pages for January were 11,842, down 15.9% from last year. However, four of the major advertising categories showed positive dollar growth last month,… Continue reading US Magazine Ad Revenue Drops 9.6% In January