Global media company, Pearson, has sold its FT Energy publishing group to Platts, the global energy information and marketing services business of The McGraw-Hill Companies. The purchase price has not been disclosed. The sale of FT Energy is the last in a series of disposals that enables the FT Group to focus on delivering international… Continue reading Pearson Disposes Of Non-Core FT Energy

Advertising spending for all US media fell by 5.9% year on year for the first half of 2001, according to figures released yesterday by advertising and marketing communication group CMR. CMR estimates that total adspend for the first half of 2001 came in at just under $47.5 billion, compared to $50.4 billion for the same… Continue reading No Positive Advertising Shift Anticipated This Year, Says CMR

Online retail sales in the US declined for the second quarter in a row, from April to June, according to a report on Europemedia earlier this week. The article says that according to US government statistics online commerce fell by 1.8% to $7.5 billion (E8.2 billion) in the quarter. This is less severe than the… Continue reading US Online Commerce Declines For Second Consecutive Quarter

BSkyB has said it is in line to meet its average revenue per user (ARPU) target of £50 per year by 2005 from the home shopping and entertainment platform, Sky Interactive, according to a news report on AFX News today. BSkyB’s overall ARPU target is set at £400. Sky currently has around 5.5 million customers… Continue reading BSkyB And Telewest Set To Meet User Revenue Targets

French media group Havas Advertising is understood to have extended its 541p per share offer for UK agency Tempus Group until 17 September (see Tempus Confirms WPP Offer). The news comes as Havas announces that it now controls or has received irrevocable undertakings for 29.3% of Tempus. WPP’s 555p per share bid for Tempus still… Continue reading Havas Moves In On Tempus

RTL is in talks with Guardian Media Group (GMG) and UBC regarding the sale of its 80% stake in longwave radio station Atlantic 252, according to press speculation. It has been reported that GMG and UBC plan to close Atlantic, which broadcasts across most of the UK, in order to replace it with an analogue… Continue reading RTL Looks To Sell Atlantic 252

There was further deterioration in the US hi-tech advertising market during July, according to a CMP Media trading update released by parent company United Business Media (UBM) this morning. UBM said that advertising page volumes during July were down for both the market and CMP. The business-to-business information technology market as a whole decreased by… Continue reading Hi-Tech Ad Volumes Show Further Deterioration In US, According UBM

Zenith Media downgraded its global advertising forecasts at the end of last week, with a particularly bearish outlook for the coming months (see Forecasts). Today Myers Reports set out its US growth forecasts by media alongside Zenith’s, with both groups predicting that the US advertising recession could be more severe and prolonged than had first… Continue reading US Ad Growth Forecasts By Media: Zenith Versus Myers

Asia-Pacific mobile data subscribers will number 411.2 million by the end of 2006; this is 64% of mobile subscribers and 11% of the population in the region, according to a study released in August by the Yankee Group. The Asia-Pacific Mobile Data Experience: Forecast and Overview report contains updated forecast and analysis of mobile data… Continue reading Over One Tenth Of Asia-Pacific Population Will Have 3G Mobile By 2007, Says Yankee Group

Almost three-quarters of US consumers are yet to be convinced by the merits of digital television, according to a study from Statistical Research (SRI), released last week. The findings of the American public’s views are slightly contradictory: on the one hand almost 75% believe that DTV is not the ‘indispensable enhancement the industry believes it… Continue reading iTV Must Produce Useful Services If Consumer Interest Is To Grow