The New York Times Company today announced that advertising revenues for the company’s Newspaper Group decreased 9.7% in March 2002 when compared with the same month last year. The decline in March was slightly greater than that recorded in February (8.9%) due to a switch of the Easter holiday from April last year into March… Continue reading NYT Ad Revenue Drops Further

More evidence that 2001 was one of the toughest years ever for the advertising industry was revealed today, as US trade magazine Adweek published its 19th annual Agency Report Card. The figures show that revenue for the 33 US agencies on the survey was down by an average of 3.5%. The year before, at the… Continue reading Agency Revenue Survey Shows Extent Of 2001 Ad Fall

The UK market research industry saw better growth than other marketing sectors in 2001, according to the latest data from the British Market Research Association, reported by the World Advertising Research Center. Turnover at BMRA companies rose by 7.1% last year and although this is lower than the 9.3% growth of 2000, it is nonetheless… Continue reading UK Market Research Markedly Outperforms Advertising In 2001

BizRate.com has increased its US online retail sales estimate for 2002 from $45.2 billion to $51.5 billion, representing a jump from 26% growth to 44%, according to a report from eMarketer. The number of online transactions rose from 68 million in Q2 2001 to 92 million in Q1 2002 – a increase of 35%, according… Continue reading US 2002 Online Retail Sales Forecasts Comparisons

ABN AMRO has cut its EBITDA forecast for BSKyB by £25m in reponse to slower advertising growth and lower wholesale revenues, increasing predicted pre-tax losses from £158m to £188m. Advertising forecasts have been cut £18m, or 6%, although a 14% growth is still expected, to £274m. Wholesale revenue forecasts have been cut by £8m to… Continue reading ABN AMRO Makes

Dow Jones, publisher of the Wall Street Journal newspaper, yesterday said that the advertising conditions remain weak, with print ad revenues declining by 20.9% during Q1 to $236.1 million. Print hit by ad decline The company reported Q1 operating income down 59% at $12.3 million and revenues down 14.6% at $392.9 million. Ad lineage at… Continue reading Dow Jones Figures Hit By Continued Poor Advertising, Outlook Pessimistic

Global market information group, Taylor Nelson Sofres (TNS), has acquired the business and assets of Elrick & Lavidge Marketing Research (E&L), a US customised research company. E&L specialises in the consumer, financial services, IT and telecoms industries, as well as being a leader in mystery shopping research, says TNS. E&L is currently owned by advertising… Continue reading Taylor Nelson Buys US Research Group From Aegis

US newspaper groups are about to start posting their Q1 2002 financial results, offering an indication of how the sector has started the year from an advertising point of view and what the outlook for the coming months is likely to be. A recent report in Editor and Publisher found that revenue levels for February… Continue reading Insight Analysis: An Upward Tilt In US Advertising?

Newsprint costs in the US are set to fall in 2002, according to forecasts from Merrill Lynch. The broker says that costs will drop by 16.5% this year, boosting newspaper companies’ operating margins. However, newsprint costs are expected to rise by 23% in 2003. As a result, Merrill Lynch is modelling for an average 10-12%… Continue reading Newsprint Costs To Fall In 2002 But Rise In 2003

The New York Times has settled a lawsuit with the National Basketball Association after agreeing to sell photographs of NBA games taken by NYT photographers and providing promotional benefits to the association. Additionally, the New York Times will display the NBA.com logo on NYTimes.com and in print and offer a direct link from its online… Continue reading New York Times Settles Lawsuit