UBS has revised down its ad spending forecast for the year, with the new estimate putting online revenues at 1.4% growth in 2009, down from 10.4%. UBS analyst Matthieu Coppet has also downgraded 2010’s figure, although only slightly, from 13.8% to 11.2%. Globally, UBS expects newspaper ad revenues to fall 11.7% this year, with a… Continue reading UBS downgrades global ad forecast

There will be more than 20 million men online in the UK in 2009 – 51% of the UK internet user population – according to a new estimate from eMarketer. More women in the UK continue to go online, said eMarketer, which expects slightly more than 19 million to do so in 2009. The proliferation… Continue reading Men to make up 51% of UK internet population in 2009

Customer magazines have shown growth of 16% in the past six months according to the latest ABC figures.The top eight magazines by circulation are now customer titles, with 12 customer magazines in the top 20.Julia Hutchison, COO, Association of Publishing Agencies, said: “The average circulation for actively purchased magazines is down 6.8% but customer titles… Continue reading Customer magazines show 16% circulation growth in six months

ITV is understood to have put its social networking website Friends Reunited up for sale in a move to be announced in its annual results next month. The decision to put sell the business is part of a wider cost cutting drive that will include a possible cut of 10% of the company’s workforce. ITV… Continue reading ITV to sell Friends Reunited

The mobile broadband market will continue its rapid growth during the next five years and generate valuable new revenue streams for mobile network operators, according to a new report. According to the Analysys Mason report Mobile broadband in Europe: forecasts and analysis 2009-2014, there will be 148 million mobile broadband connections in Europe by 2014,… Continue reading Mobile broadband market to continue its rapid growth

This week’s edition of “The Inside Line” looks at the Competition Commission’s ruling on Project Kangaroo. Each week we will take a key media topic and ask the industry for their opinion.This week’s question:What is your view on the Competition Commission’s decision to block Project Kangaroo, the joint VoD venture from BBC Worldwide, Channel 4… Continue reading The Inside Line: Project Kangaroo

A new report has highlighted cable and pay television, B2B publishers and diversified agencies as best placed to weather the current downturn. The Ernst & Young report, Media & Entertainment… by numbers, shows that the UK media industry is suffering from the ‘multiplier effect’ – media companies’ structural challenges are being exacerbated by the onset… Continue reading New report highlights best recessionary performers

Advertising expenditure in the UK could grow by as much as 52% in real terms (after allowing for inflation) over the ten-year period to 2020, according to the Advertising Association’s Long Term Advertising Expenditure Forecast. The report, compiled by the World Advertising Research Center (WARC) on behalf of the Advertising Association (AA), looks at two… Continue reading UK adspend could grow 52% in period to 2020

The approaching switchover digital television broadcasting in the US, UK, and other major countries will create an unprecedented opportunity for the mobile TV market, according to a new study from ABI Research. Following the switchover, traditional and mobile TV broadcasters and cellular operators in many regions will launch mobile TV services attracting over 500 million… Continue reading Mobile TV market to benefit from digital switchover

Publicis Groupe has reported a 1.1% fall in net profits for 2008, to €447 million (£400 million). Publicis, the world’s fourth largest advertising and marketing group, also reported a 0.7% year-on-year increase in revenue to £4.7 billion (£4.2 billion) with an overall organic revenue growth rate of 3.8%, meeting analysts’ forecasts. The firm’s digital operations… Continue reading Publicis reports 1.1% fall in net profits for 2008