The Independent Television Commission (ITC) has awarded Channel Three News Ltd nominated news provider status which allows the company to compete with ITN for the provision of ITV news. The company is a consortium consisting of Bloomberg L.P., BSkyB plc, CBS News, Chrysalis Group plc and Ulster Television, all holding 20% stakes. This is the… Continue reading ITC Decision Creates Competition For ITN

The Times has re-absorbed its E-business coverage back from a dedicated page into the general business section, explaining that with the dotcom boom well and truly busted, the subject no longer warrants a specialist page. The decision was announced in the paper on Saturday. The page, it explained, had been launched early in 2000 when… Continue reading Times Brings Dotcom Coverage Back Under The Business Umbrella

The monthly growth in new internet users has slowed, but as the market matures, the amount of time people spend on line is increasing and money making opportunities are emerging, according to new research from Jupiter MMXI. In October 1999, users in the UK spent an average of four hours online per month, but by… Continue reading Internet Can Make Money If Approach Is Right, Says Jupiter Report

Internet businesses in the UK could boost revenues by an additional £14 million a month by charging for information according to a new study by Mondex. More than half of those questioned said they would be willing to pay a small amount for internet searches, archived news material, music downloads, weather reports, railway timetables, online… Continue reading UK Willing To Pay For Online Content, Says Mondex

ABN AMRO has cut its 2002 profit forecast for Capital Radio by 7% to £35.5m, following confirmation in its interim results yesterday of a fall in profits and a revision of its full year expectations (see City News). A major factor in the revenue falls has been what the broker calls a “sharp deterioration in… Continue reading ABN AMRO Reduces Forecast Following Capital Profit Warning

The ITC published its revised rules on airtime sale arrangements yesterday, revealing a more streamlined approach to the regulation of this sector. Deputy director of advertising and sponsorship at the ITC, Ian Blair, said today: “The rules will be kept under periodic review to ensure that they continue to reflect the rapid changes within the… Continue reading ITC Publishes Revised Airtime Sales Rules

Scottish Radio Holdings has this morning issued a cautious outlook for its performance for the coming year, as interim financial results show a 5% drop in profit before tax to £7.8 million. Turnover at the group increase by 18% to £40 million for the six months to 31 March, driven largely by acquisitions. This is… Continue reading SRH Cautious On Outlook As Ad Slowdown Hits Profits

According to Forrester, the web is on the verge of a transformation as people move away from traditional browsing and two new waves of innovation emerge. As web usage has boomed, so users demands have increased and in order to satisfy these demands new technologies must be developed. Forrester defines the X Internet “an executable… Continue reading The End Of The Web As We Know It?

The predicted profits warning from Capital Radio (see Insight Analysis: Radio Shares Take A Dive) was confirmed today as the group released its interim financial results, with the message that the advertising market has deteriorated further since its first warning in March. At that time Capital said that due to a weakening advertising market profits… Continue reading Capital Stock Recovers Despite Expected Profits Warning

Ad revenues at the New York Times publishing company were down by 15.4% in April, whilst the flagship NYT newspaper saw a fall of 16% during the month. The falls continue the trend from the first quarter which saw ad revenue across the group down 7% year on year (see New York Times Warns Of… Continue reading NYT Revenues Fall 15.4% In April, But Are Comparable With 1999 Figures