Despite the current fall-out in the advertising market and creeping negativity toward all things online, the internet is still as compelling a distribution medium this year as it was last. This is one of the findings of a new report from PricewaterhouseCoopers (PWC) – Global Entertainment And Media Outlook: 2001-2005. The research claims that the… Continue reading Spend On Internet Will Lead Global Media And Entertainment Industry, Says PWC
ARCHIVE ▸ The Media Leader Staff
Media giants WPP and Gannett have both been making reassuring noises this week designed, no doubt, to allay investors’ fears in these difficult economic times. According to the Guardian, WPP chief executive Martin Sorrell met with analysts last week following the news that profit warnings from other US ad companies had started a run on… Continue reading WPP And Gannett Speak Out To Reassure Investors
The success of online business may actually be contributing to the sense of economic decline in 2001 in many companies in the US and abroad, according to ActivMedia VP, Harry Wolhandler. He reckons that whilst many of the pure dotcom companies have failed, those that are merging on- and offline commerce are increasingly taking their… Continue reading Ecommerce Successes May Account For Sense Of Economic Decline, Says ActivMedia VP
According to the May edition of the Forrester research Online Retail Index, total US spending on online sales decreased from $4.3 billion in April to $3.9 billion in May. This was due largely to a seasonal drop in online travel bookings and a drop in the number of US households shopping online – down to… Continue reading Online Shopping Falls In US
Jupiter MMXI, suppliers of at home internet audience data for the UK since 1999, has announced that data will now be released from now on on a weekly, rather than monthly, basis. As calls for industry wide agreement on standards for internet audience measurement gather strength, the move will make it easier for advertisers to… Continue reading Jupiter MMXI Launches Weekly Internet Data Release
Reports this morning suggest that talks between AOL Time Warner and IPC (see AOL Time Warner May Bid For IPC) have fallen through. The valuation of the company is thought to have been the reason for the breakdown as IPC and its largest shareholder, Cinven, deemed the offer price, of between $1.2 billion and $1.5… Continue reading AOL Time Warner Scraps Talks With IPC
Granada and Carlton Communications have hit a stumbling block in plans to bring their pay-TV businesses under the umbrella ITV brand (see Granada And Carlton Bring ONdigital Under ITV Brand), following discussions with some of the Network’s smaller franchise holders. Although all the parties involved have so far declined to comment on the talks, press… Continue reading Granada And Carlton Meet Opposition To ITV Brand Plans, Say Reports
French outdoor media company JC Decaux has delayed its IPO on the French stock market (see JC Decaux To Fund Growth With IPO On French Stock Market) following media scepticism and concerns over investor demand. The announcement follows a week of uncertainty in the French advertising industry as share prices fell following profit warnings from… Continue reading JC Decaux Cuts Price Of IPO
Two US publishing groups – Dow Jones and Knight Ridder – have announced that they are to make a number of job cuts in order to meet financial targets. Knight Ridder, the second largest newspaper group in the US, is to axe 1,700 jobs, costing the group $75 million in redundancy pay-outs. Late last year,… Continue reading US Newspaper Groups Cut More Jobs
UK adspend broke the £17bn barrier for the first time ever during 2000, according newly released statistics from the Advertising Association. During what turned out to be the ninth consecutive year of growth for the industry, adspend increased by £1,594m from the 1999 total, an accelerated growth rate of 10%, or more than 7% in… Continue reading UK Adspend Tops