Hollinger International, owner of the Daily Telegraph in the UK, has announced a net loss for the second quarter ending 30 June 2001, of $15.5 million – a loss of $0.17 per share. This compares to net earnings of $4.7 million or $0.03 per share for the same period last year. The sharp decline in… Continue reading Hollinger Sees Q2 Revenues Decline

ABN AMRO has downgraded its full year forecast for UK media from 0.4% to -1.6% in response to data from AC Nielsen MMS indicating that during June the market slipped 13.7% year on year. The research and analysis group says its revised forecast reflects “the increasing likelihood that there will be no significant second half… Continue reading ABN AMRO Downgrades UK Media Forecast

In the annual report, Communications Industry Forecast, analysts at Veronis Suhler forecast that the US media economy will rebound in 2002. A compound annual growth rate of 5% is forecast for total US advertising spending which will total $225 billion by 2005. Despite dotcom fallout and a widespread spending slowdown in 2001, Veronis Suhler have… Continue reading Communications Industry Will Rebound In 2002, Says Veronis Suhler

The long-term growth factors for the internet industry will continue to drive development of the Net marketplace, even though current market conditions will temporarily hinder their near-term effects, according to a new report from Jupiter Media Metrix (JMM). According to a new Jupiter report, the key long-term drivers that initially made the internet so promising… Continue reading Internet Growth Prospects Remain Despite Dotcom Downturn, Says JMM

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Recent reports point to a bright outlook for internet advertising as spending on online ads increases. Nielsen//Netratings reported recently that in June 2001, the top advertisers in the US spent $143 million on online campaigns with financial services companies dominating this group. “The financial ads are an example of the current trend in the world… Continue reading Bright Outlook For Internet Advertising

Figures released by the Advertising Association (AA) show a buoyant year for business to business (B2B) publishers last year, according to the PPA. The AAÂ’s 2001 Advertising Statistics Yearbook shows that classified ad revenues in business magazines increased by 10.9% year-on-year during 2000 and advertising revenue as a whole increased by more than 3%.

ABN Amro has upgraded its rating on satellite broadcaster BSkyB from Add to Hold this morning, saying that it has ‘excellent fundamentals’ which are offset by potential technical and regulatory risks. This, says the broker, positions Sky as an ‘interesting dilemma’. BSkyB’s shares have underperformed the market by around 13% in the year to date… Continue reading ABN Sees ‘Interesting Dilemma’ In BSkyB

Digital Broadcasting Company (DBC), parent group of the u>direct pay-TV service, has gone into liquidation, according to reports. It is thought that financial backers, which include Pearson and News Corp, were unwilling to put any more cash into the business. U>Direct, which launched in June 1999, broadcast a range of sport and movie pay-per-view services… Continue reading U>Direct Parent Goes Into Liquidation

NTL has confirmed that it now has 1m digital subscribers and is on track to meet its target of 1.25m by the end of the year. The announcement establishes NTL as a serious contender to ITV Digital which recently rebranded from ONdigital in an attempt to attract viewers. NTL recently announced it expects to achieve… Continue reading 1 Million Now Subscribe To NTL Digital