US newspaper advertising has remained soft since 11 September and looks weak going into 2002, according to analysts at ABN Amro. The broker warns that whilst there is some expectation that an early recovery will transpire, it is likely that there there will be a retraction by advertisers as it becomes clear that a late… Continue reading US Newspaper Revenues Remain Weak In Early 2002

The development of the unmetered internet access market in the UK may have been given a boost today, after a proposal from Oftel seeks to change the way BT charges other operators that wish to provide the service. The telecommunications watchdog has proposed that BT should charge operators that provide unmetered access in the same… Continue reading Oftel Proposals May Boost Unmetered Internet Access Market

The European Information Technology Observatory (EITO) has compiled its 2002 trends and forecasts statistics on the worldwide and European information and communications technology markets (ICT) markets. The research group notes that 2001 was a difficult year for the global economy and for the ICT industry, but argues that Europe continues to progress towards the e-economy.… Continue reading Ecommerce, Technology, IT And Internet Forecasts From EITO

DMG Radio Australia, the country’s largest radio network, has announced the acquisition of Brisbane AM radio station 4BH from the Australian Radio Network for an undisclosed sum not exceeding A$5 million. DMG, 75% owned by DMGT and 25% by GWR Group, now owns 62 stations across Australia. DMG Radio Australia’s regional stations continue to suffer… Continue reading DMG Builds Australian Radio Network

Chase Carey, CEO of Sky Global Networks, has resigned from his position at News Corp following the failure of the group’s bid for DirecTV (see Insight Analysis: Murdoch Walks Away From ‘Dream’ DirecTV Deal). Carey had been instrumental in negotiating a number of successful deals whilst at News Corp including the acquisition of Star TV… Continue reading Sky Boss Leaves Following DirecTV Failure

Ulster Television has this morning announced an agreement with ITV Digital allowing the broadcast of ITV2 in Northern Ireland. UTV2, UTV’s digital TV offering, has now been closed to allow ITV2 to begin broadcasting on the digital multiplex. It is anticipated that the closure of UTV2 will save UTV approximately £350,000 a year, ITV2 will… Continue reading Ulster TV Cedes To ITV Digital

According to the latest Forrester Online Retail Index, total US spending on online sales increased from $4.9 billion in November to $5.7 billion in December. The number of households shopping online increased from 16.8 million in November to 18.7 million in December and consumers spent an average of $304 per person in December, compared with… Continue reading US Online Shopping Totals From Forrester

Worldwide spending on magazines is set to rise by over 27% by 2005 according to a new report from PricewaterhouseCoopers, says the PPA. The report forecasts that magazine advertising, highly sensitive to changes in the economy, tends to grow faster than other media during times of economic expansion. PWC forecasts that the magazine market will… Continue reading Worldwide Magazine Spending Set To Rise 27% By 2005, Says PWC

According to an upcoming report, Residential Broadband: Cable Modems, DSL & Fixed Wireless, from The Strategis Group, residential broadband services will cover 38 million US households by 2006. “The economic environment of the past year, combined with uncertainty surrounding competing technologies and floundering business models, threatens to slow the growth in demand for residential broadband.… Continue reading 35% Of US Households Will Have Broadband Access By 2006, Says Strategis

Dow Jones, publisher of the Wall Street Journal, today announced preliminary earnings for 2001 which revealed net income of $2.1 million, or three cents a share, compared with a net loss of $274.3 million, or $3.15 a share, for 2000. Net income for the fourth quarter was £1.5m, compared with a net loss of £192.9m… Continue reading Dow Jones Moves Into Profit But Ad Volume Drops