America’s Internal Revenue Service (IRS) has revealed that 35.4 million Americans filed their federal income tax returns over the Internet in 2000 and figure is expected to rise to more than 40 million in 2001. Many software and financial services companies have developed free or low cost packages enabling people to file their tax returns… Continue reading Many Happ-E Returns For The IRS
ARCHIVE ▸ The Media Leader Staff
The Advertising Association has released new forecasts for UK advertising growth during 2001. While TV, radio, outdoor and regional newspaper estimates have been downgraded, the market as a whole is forecast to grow by 3.9% due to healthy expectations for national newspapers and business magazines. Previous New AA forecasts AA forecasts TV 2.7%… Continue reading AA Downgrades Forecasts But Predicts Healthy Outlook For Nationals
ITV advertising could be down as much as 20% in April, according to reports from media buyers, in contrast to analysts ABN AMRO’s forecast of a 10% fall. If the 20% prediction turns out to be true, it will reduce ABN’s full year growth rate prediction from -1.3% to -2.3% and, given that last year… Continue reading Further ITV Revenue Slump Expected In April
Capital Radio has this morning announced the sale of Bucks Broadcasting and Sun FM to Radio Investments. The disposal of the stations – Mix 96 and Sun FM – is part of Capital’s strategy to focus on large stations operating in major metropolitan areas. In a separate transaction, Capital Radio’s 30% shareholding in The Wolf… Continue reading Capital Radio Disposes Of Small Stations
Advertising agency Cordiant Communications has this morning turned in a strong set of financial results which show record net new business wins last year, worth £750 million. Cordiant’s results show that ad agencies are continuing to perform well whilst many media owners are suffering an ad revenue downturn. Pre-tax profits grew by 79.1% at constant… Continue reading Cordiant Turns In Record Figures
Publishing group Dow Jones has warned that its profits are likely to be far lower had been expected due falling ad revenues at its Wall Street Journal newspaper. Dow Jones is yet another company to feel the squeeze of contracted adspend, with the New York Times Co. making a similar statement earlier in the week… Continue reading Dow Jones Is Latest Publisher To Issue Profits Warning
Cable company NTL is looking forward to a strong, consolidatory year as its recent acquisition of rival group Cable & Wireless Communications (CWC) starts to bear fruit. The company believes it is on target to achieve its 2001 financial targets of £2.6 billion in revenues and £385 million of EBITDA. The group achieved record quarterly… Continue reading NTL Looks To Reap Benefits Of Investments
According to preliminary estimates from the Newspaper Association of America, newspaper advertising expenditures for 2000 totaled $48.7 billion, an increase of 5.1% over 1999 National advertising was up by 13.7%, to $7.7 billion for the year, retail advertising was up 2.4% to $21.4 billion and classified rose by 5.1% to $19.6 billion. “While some media… Continue reading US Newspaper Ad Spend Hit $48.7 Billion in 2000
Media giant AOL Time Warner announced today that it will create a new TV networks group under the Turner Broadcasting System umbrella, which will include both Turner’s basic cable networks and The WB broadcast network. The division will be the world’s largest television networks group, the company said. The expanded TV networks group will share… Continue reading AOL Time Warner Mergers TV Divisions Into Single Network
Channel 5 has announced another deal with a dotcom company to swap advertising airtime on the station for a stake in the online business. The deal with PetsPyjamas.com is the sixth such swap Channel 5 has negotiated. C5 will provide £2 million’s worth of airtime to PetsPyjamas.com over the next 14 months in exchange for… Continue reading C5 Swaps Airtime For Equity With PetsPyjamas.com