Mobile adspend was up 99.2% year on year in 2008, hitting £28.6 million, according to a new study by the Internet Advertising Bureau and PricewaterhouseCoopers. The research shows that paid-for-search advertising on the mobile internet accounts for £14.4 million, 50.2% of all mobile advertising spend, while mobile display advertising – which includes banners, text links,… Continue reading IAB: UK mobile adspend hits £28.6m in 2008

A new report predicts that the number of US broadband households accessing web-to-TV content will hit 24 million and generate $2.9 billion in revenue from streaming services by 2013. According to the In-Stat report, nearly 30% of those in the 25-34 age group use game consoles to view streaming video from the internet, but web-enabled… Continue reading US web-to-TV households to generate $2.9bn in revenue by 2013

UKRD has outbid Hallwood Financial to take control of The Local Radio Company. Both bidders increased their offers yesterday, with UKRD raising its offer price to 4 pence a share from 3.25 pence a share, while Hallwood upped its from 4 pence a share to 5 pence a share. Hallwood’s latest offer was a 54%… Continue reading UKRD takes control of The Local Radio Company

Ashley Tabor, Global Radio’s chief executive, expects the radio group to hold its underlying operating profits flat for the 12 months to the end of March. Tabor said Global, which owns stations including Classic FM and Capital, will report underlying profits of around £31 million despite seeing a 20% downfall in advertising revenues for the… Continue reading Ashley Tabor predicts steady profits for Global Radio

Clear Channel Outdoor has reported a 25% year on year fall in revenues for the first three months of 2009, down from $775.6 million to $582.2 million. The company’s international division suffered a 29% revenue decline year on year in Q1, dropping to $312 million. Clear Channel Outdoor said the loss was primarily attributable to… Continue reading Clear Channel Outdoor reports 25% year on year fall in revenues

Advanced TV advertising in the United States is poised to generate modest growth starting in 2010, according to a new report from Magna. Magna’s definition of advanced TV advertising includes Video on Demand (VOD), requests for information (RFIs), long-form showcases, DVR advertising, interactive program guide advertising, addressable advertising, creative versioning and advanced trafficking systems. It… Continue reading US advanced TV advertising to generate modest growth in 2010

New research from Hitwise has revealed that Google accounted for 72.4% of all US searches conducted in the four weeks ending 25 April 2009. Yahoo! Search, MSN Search and Ask.com received 16.3%, 5.7%% and 4%, respectively. The remaining 49 search engines in the Hitwise Search Engine Analysis Tool accounted for 1.4% of US searches. Percentage… Continue reading Google increases share of US searches in April

Financial services sites are the most popular among European mobile subscribers older than 55, according to a report from comScore. comScore found that teenagers are more likely to visit social networking, entertainment and even comic sites on their mobile devices. Unsurprisingly, younger users tend to access any internet content much more frequently than their older… Continue reading Financial services sites most popular among older European mobile subscribers

Daily Newspaper Market Overall, the daily newspaper market was down by almost 5% year on year in April, although the Daily Star bucked the general downward trend and reported impressive year on year growth.The Independent suffered the largest circulation decline, although other daily titles also recorded significant falls. National Newspaper ABC Figures – April 2009… Continue reading ABC National Newspaper Round-Up: April 2009

Carphone Warehouse has agreed a £236 million deal to buy the UK operations of Italian internet service provider Tiscali. Carphone Warehouse, which currently provides broadband services under its TalkTalk brand and also owns AOL UK, will be the UK’s largest home broadband provider with 4.25 million subscribers when the deal is finalised at the end… Continue reading Carphone Warehouse to buy Tiscali’s UK operations