Online retailers are set for another record Christmas, according to a newly released forecast from Verdict Research. Verdict expects the value of goods bought online in the fourth quarter to rise by 35% to reach £3.4 billion or 4.5% of all Christmas spending. It says that high street retailers recognise that a growing number of… Continue reading Online Purchases To Grow By 35% In Q4

Worldwide social network ad spending will be $1.1 billion in 2007, up from $445 million in 2006, and spending is expected to rise to $2.8 billion in 2010, according to a new report from eMarketer. Meanwhile, US advertising spending on social networking sites is expected to reach $2.15 billion in 2010. The report says that… Continue reading Social Network Adspend To Reach $2.8 Billion

The market for mobile communities and user generated content (UGC) will be worth $13.2 billion by 2011, with photo and chat based services being the top revenue generators, according to a new report from Informa Telecoms and Media and strategic partner, the Mobile Entertainment Forum (MEF). MEF says that chat services currently represent the largest… Continue reading Mobile Communities And UGC To Be Worth $13.2 Billion

BSkyB’s total revenues grew to £1,071 million, an 11% increase compared to the three months ended 30 September 2005. Total operating costs increased by £140 million to £891 million, generating operating profit of £180 million. Sky says that this result is after the inclusion of operating losses from the consolidation of the Easynet and Residential… Continue reading BSkyB Revenues Grow 11%

Carphone Warehouse made a £4.6 million loss in the past six months, with the company struggling to cope with the demand for its free broadband service. The company incurred a £45 million loss in relation to the launch of the service in the six months to the end of September, although excluding this and other… Continue reading Free Broadband Leads To Carphone Warehouse Loss

Andy Duncan, head of Channel 4, is back in the running for the ITV chief executive role, with reports claiming that a decision will be made next week. Duncan ruled himself out of the race to succeed Charles Allen in August, although reports in the trade press now say that he is one of the… Continue reading Andy Duncan Back In Frame For ITV Top Job

IPC Media could join forces with Channel 4 to bid for the second national digital multiplex.According to reports in the trade press, the pair will launch an NME branded radio station on the multiplex if Channel 4 wins the bid to operate the licence.Ofcom announced last week that the UK’s second national digital radio multiplex… Continue reading IPC And Channel 4 Could Bid For Second Multiplex

Radio group Chrysalis saw its profits rise from £2.5 million to £5.8 million in the year up to 31 August 2006. The group’s yearly results also showed that it outperformed the radio market with flat like-for-like revenues versus a market decline of 4%. Chrysalis’ success has been fuelled by the strong performance of its Heart… Continue reading Chrysalis Records Profits Rise

Following a poor second quarter, the total number of BT DSL lines increased from 8.07 to some 8.49 million during Q3, estimates Point Topic. It says that with some 410,000 lines added in this quarter, BT’s net additions were up slightly compared to 311,004 in Q2 2006. Point Topic said that in its earlier report… Continue reading Broadband Britain Recovering From Poor Q2

One in six households in the US now has at least one high definition capable television (HDTV), a quick increase from about one out of every fourteen households just two years ago, according to new research from Leichtman Research Group (LGR). LGR’s research reveals that the mean annual household income of HDTV households is 42%… Continue reading One In Six US Households Has HDTV