AOL’s global ad revenue was down by 6% year on year in Q3, with revenue dropping 17% to $1 billion (£626 million).Parent company Time Warner said that the fall in revenue was down to a 26% decline in subscription revenue and the fall in ad revenue.The fall in subscription revenue reflects a decrease in US… Continue reading AOL’s ad revenue falls

Rupert Murdoch’s News Corporation has reported a 30% fall in profits for the three months to the end of September.The company, owner of properties including MySpace and the Fox TV network, and majority shareholder in BSkyB, has revised down full-fiscal year operating profit forecasts from 4% to 6% to potentially show a double-digit decline.It also… Continue reading News Corp reports fall in profits

Five’s TV ad revenues declined year on year in the first nine months of 2008, with owner RTL Group saying that the total UK ad market fell 3.3%.RTL Group said that in the first half of 2008, UK TV ad spend was down 1% year on year, with Five’s TV ad revenues down 1.9%.RTL, owned… Continue reading Five’s TV ad revenues fall

Virgin Media added a net 8,300 new subscribers in the third quarter, according to a trading statement released today.Total net TV customer additions were 37,800 in Q3, up from 24,800 in the second quarter and 20,400 in Q3 2007.Broadband users reached 68,700, down from 115,800 in 2007, although Virgin said that 78% of them were… Continue reading Virgin Media adds 8,300 new subscribers in Q3

eBay is preparing a review of its £15 million media planning and buying account. The company will start a formal pitch for the business at the start of next year, although it has already informed agencies of its plans to call a review. PHD, which previously held the account, split with eBay in February after… Continue reading eBay prepares review of media planning and buying account

Five’s TV ad revenues declined year on year in the first nine months of 2008, with owner RTL Group saying that the total UK ad market fell 3.3%. RTL Group said that in the first half of 2008, UK TV ad spend was down 1% year on year, with Five’s TV ad revenues down 1.9%.… Continue reading Five’s TV ad revenues down year on year

UTV, owner of talkSPORT, has reported group revenue growth of 6% in the first ten months of the year. Its UTV ITV franchise for Northern Ireland saw a 6% fall in revenue year on year for the period and the company forecast a further 10% fall in November and December. UTV splits its radio operations… Continue reading UTV reports 6% group revenue growth

News Corporation has reported a 30% fall in profits for the three months to the end of September. News Corp, owner of properties including MySpace and the Fox TV network, and majority shareholder in BSkyB, has revised down full-fiscal year operating profit forecasts from 4% to 6% to potentially show a double-digit decline. The company… Continue reading News Corp profits fall 30% in third quarter

Virgin Media has reported revenues of £991 million in Q3, down from £1 billion a year earlier. Operating income before depreciation, amortisation and other charges (OCF) fell to £325 million from £342 million but was in line with forecasts. Earlier this week Virgin and BSkyB resolved a dispute which had seen the satellite broadcaster’s basic… Continue reading Virgin Media reports drop in revenues

There has been a huge shift in consumer attitude towards the entertainment market, according to the latest reports from Verdict Research. In the 12 months to the end of 2008 Verdict predicts that the buoyant video games market will have grown by £1.37 billion – at a time when the combined music & video sectors… Continue reading Video games market overtakes music & video