Virgin Mobile is to dump its mobile TV service because of poor customer take-up.BT, Virgin’s partner on the mobile broadcast project, is disbanding its BT Movio business and has cancelled its contract with GCap Media, the company which owned the service spectrum.According to a report on MediaGuardian.co.uk, the service is likely to be switched off… Continue reading Virgin Mobile To Drop TV Service

US consumer electronics marketers spent $1.9 billion online in 2006, or 13.7% of their ad budgets, according to new research from eMarketer. However, according to the Consumer Electronics Online: Converged or Confused? report, skepticism about ease of use, integration and hidden costs are keeping many would-be buyers on the sidelines. eMarketer says that the industry… Continue reading US Consumer Electronics Marketers Spent $1.9bn Online

A new report from eMarketer predicts that more than 50% of the US population – 155.2 million people – will watch video online next year. The Video Advertising Online: Spending and Audience report says that the high engagement factor of video, combined with the internet’s tracking and targeting capabilities, offers a valuable revenue stream for… Continue reading Over Half Of US Population Will Watch Online Video

Reed Elsevier has released its first half 2007 financial results, reporting unchanged revenues at £2,235 million, up 1% to €3,308 million. Its online information and digital services now account for 45% of the group’s revenues, having recorded 12% growth. It also announced definitive sale agreements for entire Harcourt Education division for total proceeds of $4.95… Continue reading Reed Elsevier Reports Unchanged Revenues

BT has published its first quarter results, showing that its revenue was up 3% to £5 million. Revenue from the group’s traditional businesses was maintained year on year. Major corporate (UK and international) revenue showed growth of 5%. BT Global Services revenue grew by 5% to £2.2 million for the first quarter. New wave revenue… Continue reading BT Reports Revenue Increase

Publicis Groupe has reported an organic growth rate of 0.2% for the second quarter of 2007 and said that the full year figure is likely to be worse than originally forecast. Growth for the first half of the year was 1.6%, whilst revenue for the period rose by 6% to €2.2 billion. Maurice Lévy, chairman… Continue reading Publicis Groupe Reports Low Organic Growth

GCap Media’s total revenues for June were up 6% year on year, ahead of the company’s expectations, and were up 2% year on year for the three months to 30 June, according to its first Interim Management Statement. The company said it has seen an encouraging trend in radio advertising revenue since its preliminary statements… Continue reading GCap Media Revenues ‘Ahead Of Expectations’

The sci-fi series Heroes landed on terrestrial TV last night, with BBC Two showing the first two episodes back-to-back.The first episode, on at 9pm, picked up a peak audience of 4.1 million adults (a 20.9% audience share), whilst the second instalment, on at 9.40pm, managed to get a peak of 3.8 million adults (a 19%… Continue reading Good Start For BBC Two’s Heroes

June revenues increased for terrestrial channels by 4.5% year on year, although ITV1 was an exception as its revenue fell by 4.1%, likely due to the World Cup coverage dominating ITV1’s schedule this time last year (see England Score With Biggest World Cup Viewing Figures).Channel 4 had a very good month as it saw its… Continue reading TV Market Round-Up – June 2007

Setanta is to launch a sports news channel on Virgin Media, replacing Sky Sports News which the cable operator lost when it became embroiled in a dispute with Sky over the carriage of its basic channels.Virgin Media lost the Sky channels in March (see Sky Anytime? Not For Virgin Media Cable Homes), with the dispute… Continue reading Setanta To Launch Sports News Channel