Research from Pew Internet and American Life apportion some of the blame for the dot-com ‘meltdown’ in recent months on “overeager investors looking for quick profits and poor business plans by dot-com entrepreneurs” along with the youth and relative inexperience of many internet companies’ management. 67% of struggling dot-commers blamed the greed of the entrepeneurs… Continue reading Greed and Clueless Executives” To Blame For Dot-com Failures?

Trinity Mirror has this morning announced better than expected pre-tax profit growth of 12.2% to £196 million, before internet investments are taken into account. The company has also confirmed that it is looking to sell its internet service provider ic24. Revenues from the internet reached a disappointing £2.5 million, whilst internet losses for the year… Continue reading Profits Up At Trinity Mirror As ic24 Buyer Is Sought

Thomas Middelhoff, chief executive of German media group Bertelsmann, is resigning from his position on the board of French media and utility conglomerate Vivendi Universal, it has been announced this morning. Middelhoff is leaving Vivendi in order to allow tougher competition between the two companies in the European media sector. He has been on the… Continue reading Bertelsmann Chief Leaves Vivendi Board

According to new research by Jupiter, the number of Internet users in the US will rise to 216 million in 2005 from the current figure of 135 million and Latin America’s online population is expected to soar from 21 million in 2000 to 77 million in 2005. With the increase in Latin America, Jupiter predicts… Continue reading Jupiter Forecasts Net Boom In Latin America

French advertising group Havas is back in the bidding for US ad agency True North, according to a report in this morning’s Financial Times. Havas had been reported to have expressed an interest in the Chicago-based agency a couple of months ago, but no developments emerged in the meantime. UK-based communications network WPP is also… Continue reading Havas Back In Bidding For True North, Says FT

ITV took its first step towards carriage on BSkyB today after agreeing a capacity deal with satellite operator Société Européenne des Satellites (SES). The Network is thought to have paid around €10 million for capacity to broadcast on three digital satellite transponders for a period of 10 years. In an battle which has been ongoing… Continue reading ITV Signs Digital Satellite Deal

ITV took its first step towards carriage on BSkyB today after agreeing a capacity deal with satellite operator Société Européenne des Satellites (SES). The Network is thought to have paid around €10 million for capacity to broadcast on three digital satellite transponders for a period of 10 years. In an battle which has been ongoing… Continue reading ITV Signs Digital Satellite Deal

Publitalia, the sales house of Italy-based broadcaster Mediaset, has announced that net advertising revenues grew by 12.8% during 2000. This is marginally higher than ABN Amro’s full year forecast of 12.4%. The broker says it is now confident that Mediaset will surpass the group net profit forecast of €380 million for 2000 when it announces… Continue reading Italy’s Mediaset Bucks European Broadcasting Downturn

According to new research from ActivMedia Research, and contrary to many press reports, many online retailers are doing well. The report determined that half of B2C companies and a third of B2B sites are now profitable. Of the B2B sites, a further third expect to show a profit within a year although some B2B sites… Continue reading Online Retail Looks Set For Slow, Steady Growth

Recent figures from the European Commission show that Internet penetration in EU households soared from 18% to 28% between March and October 2000, 40% of the EU’s 375 million population are now online. However, broadband internet access hass been slow to take off, less than 8% of these homes access the Internet via cable modems… Continue reading EU Internet Take Up Rises But Broadband Slow To Take Off