The entire media sector has been substantially downgraded by analysts at ABN Amro, following the attacks on the US on Tuesday 11 September. The broker says that the outlook for advertising has deteriorated ‘significantly’ in the two weeks since the tragedy and there will be a negative short-term effect, particularly for broadcasters. ABN is now… Continue reading ‘Deteriorating Prospects’ For Media Sector

The continuing advertising deterioration which has severely hit the television sector, is also having an impact on the radio industry, according to broker ABN Amro. Analysts there have just cut their forecasts for radio, with the adjusted figures predicting an 8.6% decline in 2001 and growth of just 0.3% in 2002. As radio revenue data… Continue reading Radio Forecasts Downgraded As Ad Slowdown Squeezes Tighter

Zenith Media has launched a damning attack on ITV’s decision to press on with the investment in its digital terrestrial TV service, ITV Digital. According to the MediaGuardian website today, the media buying agency – one of ITV’s biggest customers – has said in a report that nothing short of ‘divine intervention’ will save the… Continue reading Zenith Report Scorns ITV’s Digital Plans

Havas Advertising has this morning announced that it will allow its offer for Tempus to lapse after the next deadline, Monday 24th September, has passed. Earlier this week the group extended the period for acceptance of its original offer but resisted the opportunity to make a higher bid. Now Havas says that it will let… Continue reading Havas Will Not Renew Tempus Offer

According to IDC‘s third annual Email Usage Forecast And Analysis report, published this month, the number of email mailboxes globally is set to increase from 505 million in 2000 to 1.2 billion in 2005. This suggests a compound annual growth rate of 138% which, according to IDC, is due to three factors: Web services, wireless… Continue reading Web Based Mail Will Boost Mailbox Total To 1.2 Billion By 2005

Publishing group, Highbury House Communications, has announced that its subsidiary Cumulus Business Media has acquired DMG World Media’s subscription and controlled circulation Power Portfolio of magazines, together with the associated yearbooks. Highbury House will pay 10% of the annual turnover of the titles over the five-year period from 1 September 2001 to 31 August 2006.… Continue reading Highbury House Acquires DMG Power Titles

The Italian advertising market, the only remaining growth market in Europe just a few months ago (see Forecasts and Forecasts), is now showing a continuing downward trend. The latest ACNielsen data, analysed by ABN Amro, show a 7.3% decline in ad revenues during July. The majority of this was felt in the radio and newspaper… Continue reading Once Strong Italian Ad Market Now Shows Downward Trend

As share prices continue to tumble at Pearson, both Morgan Stanley Dean Witter and ABN Amro have downgraded their outlooks for the media group. Much of the fall in Pearson’s figures comes from European broadcaster RTL, in which Pearson holds a 22% stake. RTL yesterday reported an interim loss of E2.2 billion (see RTL Postpones… Continue reading Pearson Downgraded As FT And RTL Outlooks Deteriorate

US newspaper publishers have shown the extent to which the advertising and economic slowdown there is hurting the media, with a disappointing set of figures for August, according to analysts at ABN Amro. The New York Times Company saw revenues decline by 17.8% last month, with technology, media and telcoms advertising particularly weak. Revenues at… Continue reading US Newspaper Groups’ Figures Show Tough Conditions

The Italian advertising market, the only remaining growth market in Europe just a few months ago (see Forecasts and Forecasts), is now showing a continuing downward trend. The latest ACNielsen data, analysed by ABN Amro, show a 7.3% decline in ad revenues during July. The majority of this was felt in the radio and newspaper… Continue reading Once Strong Italian Ad Market Now Shows Downward Trend