Jack Myers Reports today quotes UK ITV advertising revenue forecasts from Merrill Lynch, which estimate that revenues will be down by 14.6% this year and come in flat the following year. The 14.6% decline for the full year matches MediaTel’s agency estimate collations for the calendar year to July, which show a 14.5% fall on… Continue reading Merrill Lynch Forecasts Show ITV Revenue Down 15% In 2001

The latest figures from the Independent Television Commission (ITC) show the shifting positions of the cable and satellite markets in the pay-TV sector. Trends since 1999 show how cable’s penetration of all UK TV households has started to flatten off, whilst satellite’s continues to grow. The dynamics of this are illustrated clearly by the second… Continue reading ITC Trends Show Cable Overtake ITV Digital

The deadline for shareholders in Tempus to accept the £437 million takeover bid by WPP is set for 3:00pm today. It is expected that the 90% acceptance level required to seal the deal will be easily achieved, although there is still some speculation that WPP may attempt to pull out of the deal even if… Continue reading Deadline Approaches For Tempus Shareholders’ WPP Decision

Global market information group, Taylor Nelson Sofres (TNS) is to buy the entire share capital of Sponsorship Information Services (SIS) and its interests in Sponsorship Information Services Asia and NetResult. The value of the acquisition was not disclosed. SIS monitors and evaluates sponsorship of major sporting events, such as UEFA Champions’ League football matches, Formula… Continue reading Taylor Nelson Sofres Acquires Sponsorship Monitoring Group

Continued weaknesses in the advertising market has led ABN Amro to downgrade its 2001 and 2002 earnings per share forecasts for VNU by 4% and 10% respectively. The broker says that visibility for the business information group remains low as advertising in the business magazines sector is still weak. VNU’s US magazine division saw revenues… Continue reading ABN Amro Downgrades VNU Forecasts But Is Positive On Long-Term Future

Late on Friday, following the suspension of trading in its shares and the announcement of its financial results, Future Network revealed the details of its refinancing plan (see Future Shares Remain Suspended As Losses Are Revealed). The group is to issue new shares at 20p each in order to raise £33 million net of expenses.… Continue reading Six For Five Issue To Raise £33m For Troubled Future

US network, spot and cable television lost a combined $313.2 million in advertising revenue for the broadcast week of 9-15 September, as many networks cut their advertising in favour of continuous coverage of the events following the terrorist attacks of 11 September. According to new data released by CMR, network advertising took the biggest hit,… Continue reading US TV Networks Lost $313m In Week Of Attacks

Next year’s world cup will help boost revenues from mobile gaming, said Jupiter Media Metrix last week, helping cash flow amongst the telecoms companies who spent big on 3G licences this year and who have yet to see any return on their investment. The dismal take up of WAP (see Forecasts) has left many companies… Continue reading World Cup Will Kick Off Mobile Internet Growth, Says Jupiter

Continued weaknesses in the advertising market have led ABN Amro to downgrade its 2001 and 2002 earnings per share forecasts for VNU by 4% and 10% respectively. The broker says that visibility for the business information group remains low as advertising in the business magazines sector is still weak. VNU’s US magazine division saw revenues… Continue reading ABN Amro Downgrades VNU Forecasts But Is Positive On Long-Term Future

Optimedia UKÂ’s Revenue and Inflation Estimates, published in March 2000, include estimated revenue growth rates for all the major media as far as 2003. As in last year’s edition, Optimedia is the least optimistic about Commercial Radio’s immediate future. Last year’s forecast for 2000 has been upgraded from 6.0% to 9.9%, however the forecast for… Continue reading Optimedia Forecasts