The woldwide market for firewall security applications will break the $1 billion barrier this year, according to IDC. Revenues increased by 153% in 2000, reaching $943 million and IDC forecasts that by 2005 the market will generate $4 billion. The US market presents the greatest opportunity for this market, in 2000 it accounted for 54%… Continue reading Security Software Market Set To ‘Skyrocket’, Says IDC

Low demand from advertisers is preventing the widespread adoption of auditing for the online media industry, according to a recent survey carried out by The Periodical Publishers Association (PPA). The majority of those questioned felt that demand from advertisers will be the driving force behind the speed of adoption and blamed the current lack of… Continue reading Advertiser Apathy Halting Internet Audit

Video-on-demand (VOD), the so-called ‘killer app’ for interactive TV will be worth an estimated $1.98 billion by 2005, say The Yankee Group. The rollout of VOD has been hampered by factors such as expensive set top boxes and costly streaming. The Yankee Group, however, now believes that infrastructure requirements for streamed video have “finally begun… Continue reading Video-On-Demand Will Generate Almost $2 Billion In 2005, Says Yankee Group

EMAP has this morning confirmed the sale of its USA business to US consumer publisher, Primedia, for approximately $515 million (£366 million). The disposal has been anticipated for some time and follows EMAP’s failure to effectively consolidate the finances of the business – a problem which lead to the eventual resignation of chief executive Kevin… Continue reading Petersen Sale Closes ‘Difficult And Unhappy Chapter’ In EMAP’s History

Newcastle-based independent radio group, Forever Broadcasting, has bought Grand Central Broadcasting (GCB), holder of Chesterfield’s Peak 107FM, for £4.8 million, the company announced this morning. In the year to 30 September 2000, the latest period for which it has audited financial statements, GCB recorded a turnover of £741,904, a loss on ordinary activities after taxation… Continue reading Forever Broadcasting Buys Chesterfield’s Peak 107FM

Hundreds of jobs are about to be axed at troubled digital terrestrial broadcaster, ONdigital, according to a report in this Sunday’s Observer. Citing unnamed sources, the article claims that ONdigital’s owners, Carlton Communications and Granada, are to cut the staff numbers later this month in a determined effort to cut costs. The news comes as… Continue reading Job Losses Expected As ITV Restructures

UK radio broadcaster UBC Media Group has this morning turned in a set of financial results ahead of the market’s expectations. Turnover rose by 46% to £6.2 million and gross profit reached £1.7 million, up 35% on last time. During the year UBC launched and co-founded Oneword, the only national commercial digital station dedicated to… Continue reading UBC Turns In Good Figures As Digital Ventures Develop

As reported last week (see Forecasts) the latest figures from Zenith Media spell further doom for ITV. Zenith have reduced their forecasts for growth in television revenue from 3.6% for the year to -0.8%. Net Advertising Expenditure Prices In Current Prices (£m)   1996  1997  1998  1999  2000  2001f  2002f  2003f  2004f  2005f  2006f  TV… Continue reading UK Advertising Revenue Forecasts From Zenith Media

The ‘mega-deal’ era may be over according to PricewaterhouseCoopers’ mid-year M&A forecasts. The current lull in activity has been brought about by declines in stock market valuations and caution amongst corporate buyers brought about by economic uncertainty. Bob Filek, a partner in the Transaction Services group which compiled the report, said, “Those waiting for a… Continue reading Global M&A Market May Not Recover Until Q4 2002, Says PricewaterhouseCoopers

In a survey of senior representatives of more than 3,400 companies in 15 Western and Central European countries, PricewaterhouseCoopers have analysed the perceptions, incidences and impact of economic crime on business. The European Economic Crime Survey 2001 found that 42.5% of major European organisations have suffered serious economic crime over the last two years, costing… Continue reading Almost Half Of All Major European Organisations Suffer Serious Economic Crime, Says PWC