Regional Independent Media (RIM) has said that it is not interested in being split up by a consortium and that it intends to take its business public if no other suitable offers are received. These comments come after Gannett, US publishing giant and owner of Newsquest in the UK, had made moves on RIM as… Continue reading RIM Confident On Outlook And Independence

Use of the internet in the US is starting to eat into consumers’ use of other media, with 20-24% of respondents to a Content Intelligence survey claiming to have cancelled subscriptions to magazines since they started using the Net. The survey shows that the Web rapidly becomes the favourite source for both personal and special… Continue reading Net Usage Hits Other Media, With Newspapers Least Affected

Following the release by BSkyB of Sky+, a new integrated personal video recorder, Datamonitor foresees rapid uptake of new set top boxes across Europe. Datamonitor predicts that by 2005, 48% of set top boxes will include PVR technology. 42% of households with digital TV are also forecast to have more than one set top box… Continue reading A New Era For Set-Top Boxes Dawns, Says Datamonitor

Granada has today completed the acquisition of the Border Television ITV franchise from Capital Radio, the two groups have announced. Granada has paid £50.5 million for the business. Capital Radio acquired Border TV in May 2000, comprising the three Century-branded radio stations and the Border Television ITV franchise. The acquisition enhanced Capital Radio’s strategy of… Continue reading Granada Acquires Border TV From Capital Radio

Yesterday’s interim results from Pearson caused the share price to fall heavily during the day, but after the company made some reassuring noises, stock picked up again to close up 49p at 1,087p. During this morning’s trading, however, demand has weakened and the shares were down by 24p at 1,063p by 11:00am. The results showed… Continue reading Pearson Financial Results – Reaction

Scottish Radio Holdings (SRH) has paid £3.2 million for the remaining 60% stake in Carlisle Radio (CFM) it does not already own, the group announced this morning. CFM started broadcasting to Carlisle and West Cumbria in April 1993 and covers an area with a population of 230,000; 47% tune in each week. Its share of… Continue reading Scottish Radio Takes Remaining 60% Of Carlisle Radio

Despite an almost global downturn in the telecoms and IT markets, in Italy these sectors are growing ‘steadily’ reports Europemedia. Lay offs in the US have reportedly reached 136,006 for the period December 1999 to July 2001 (according to thestandard.com) yet the number of workers in the Italian IT sector has grown by 3.7% since… Continue reading IT Slowdown Yet To Hit ‘Steady’ Italian Market

A recent survey of leading online brokerage firms by Deloitte & Touche reveals that average use of online accounts has declined 42% as investors are taking a more conservative approach to their portfolios due to market volatility. The slowdown and unease in the US economy which began in early 2000 has significantly affected investment in… Continue reading Use Of Online Brokerages Falls In US

Despite slow short-term growth, the worldwide B2C market is set to be worth £428 billion by 2004 according to new research by eMarketer. Currently, due to the failure of many dotcoms over the past year, B2C commerce accounts for only a small percentage of all retail but eMarketer forecast that this will change after 2002… Continue reading Worldwide B2C Commerce Worth $428 Billion By 2004, Says eMarketer

Despite a huge potential market, UK firms lack the capability to exploit the B2B online market, according to a new report by Forrester. Online business could be worth £300 billion by 2005 says Forrester but firms will have to work hard to overcome their current organisational and technological difficulties in order to reap the benefits… Continue reading UK Online B2B Commerce Will Be Worth