MySpace could be worth around $15 billion within three years, according to forecast made by a Wall Street media analyst.MySpace was acquired by Rupert Murdoch’s News Corp for $580 million less than a year ago. Rohan said that MySpace could demonstrate a value of between $10 billion and $20 billion within a few years, basing… Continue reading MySpace Could Be Worth $15 Billion

Havas has recorded a fall in profits of over 39% for the first half of 2006, although it has generated revenue growth of 2.8%. The group recorded operating income of $56 million compared to $75 million in the first half of 2005 and net income (Group share) of $21 million compared to $34 million in… Continue reading Havas First Half Results 2006

US online adspend growth rates are projected to reach 26.8% and 15.1% in 2006 and 2007 respectively, according to a new report from eMarketer. Even as spending growth subsides, continued positive gains are forecast to push US online ad spending over $21 billion in two years and past the $25 billion mark by the end… Continue reading US Online Adspend To Reach Over $21 Billion

Digital switchover will be fundamental to the landscape of how and what people watch on television in the next few years, according to Ford Ennals, chief executive of Digital UK, who was discussing the forthcoming move at MediaTel Group’s ‘Future Of TV’ seminar yesterday. Clare Salmon, director of marketing and commercial strategy at ITV, agreed… Continue reading Digital Switchover Will Be Fundamental To TV Landscape

UK internet users’ activity at user-generated-content websites are showing significant traffic growth, according to new research from ComScore World Metrix. ComScore says that the top UGC property, Wikipedia Sites, ranked as the sixteenth most visited property in July with 6.5 million visitors (up 253% versus year ago). Other UGC sites on the Top 50 UK… Continue reading User Generated Content To Grow Rapidly Through 2010

The huge increase in consumers going online to video rich websites is one of the most significant recent trends in television, and such sites could pose a threat to UK broadcasters. This was one of the issues raised at MediaTel Group’s latest ‘Future Of TV’ seminar, held in London yesterday. Rahul Chakkara, controller BBCi believes… Continue reading Rise In Broadband Could Threaten TV Channels In UK

The impact of PVRs on television advertising has been greatly over estimated, according to Ford Ennals, chief executive of Digital UK, who was speaking at MediaTel Group’s ‘Future Of TV’ Seminar yesterday. “We’ve always had ad skipping – it’s called changing the channel. To say that ad skipping is the end of advertising, which I… Continue reading Impact Of PVRs On TV Advertising Is Over Estimated

Emap Performance is to merge its Magic AM and Big City FM radio stations, as well as adding a new tier of management.According to reports in the trade press, the Magic stations are to join Emap’s Big City network, making a group of 32 local AM and FM services in Scotland, Northern Ireland and the… Continue reading Emap Performance To Merge Radio Stations

BT has announced a deal with Packard Bell for joint marketing of BT Total Broadband, which will see the broadband service preloaded on all Packard Bell desktops and notebooks in the UK.BT Total Broadband and other BT consumer products will be promoted on Packard Bell’s website and through other promotional channels.At launch, customers who sign… Continue reading BT And Packard Bell In Joint Marketing Deal

GCap Media has announced that its revenues for the six months ending September 30 are forecast to fall by 9% year on year. Capital Radio, owing to its decision to play only two ads back to back, has worsened the figure. If Capital Radio is excluded, like for like revenues for the six months to… Continue reading GCap Expects 9% Fall In Revenues