Publishing and media group, United Business Media (UBM), has announced the departure of its chief operating officer, Malcolm Wall. Wall has held the position since January 2001, before which he was chief executive officer of UBM’s television interests, playing a major role in building the group’s business. From 2001 onwards he delivered strong profit growth… Continue reading UBM’s Chief Operating Officer Departs
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Mobile phone penetration is growing faster in Africa than anywhere else in the world, with a 5,000% increase between 1998 and 2003, according to a new study by Vodafone and the Centre for Economic Policy Research. The report revealed that 97% of people surveyed in Tanzania said they could access a mobile phone, while just… Continue reading Mobile Phone Penetration Fastest In Africa
Strategic information provider, TNS Media Intelligence (TNSMI), has revealed US total advertising expenditure for 2004 was up by 9.8% at £141.1 billion compared to 2003, revising previous estimates of 10.6% growth for the year. Almost all media measured by TNSMI experienced growth throughout 2004, with the internet, outdoor, cable TV and national syndication showing the… Continue reading US Aspend Rose 9.8% In 2004
ITV is to replace the Granada Men and Motors channel with a new offering aimed at men, believed to be the long-rumoured ITV4, taking the channel’s space on the Sky platform with the possibility of a Freeview launch as early as next month.According to reports this morning, ITV4 will absorb the daytime content currently offered… Continue reading ITV To Replace Men And Motors With ITV4
Virgin Mobile has been signed as the sponsor of MTV UK and Ireland’s flagship show Total Request Live for one year, starting from March 2005.The partnership, developed by Viacom Brand Solutions, will enable Virgin Mobile to tap into TRL‘s association with A-list celebrities, music and entertainment, as well as engage with the show’s youth audience… Continue reading Virgin Mobile To Sponsor MTV’s Total Request Live
Community media group, Archant, has completed the acquisition of Highbury Local Publications from Highbury House, making the purchase for £6.1 million in order to acquire its portfolio of six monthly lifestyle magazines and the three Property Mart titles operating in and around London.The deal marks a continuation of Archant’s strategic growth plan, with the company… Continue reading Archant Acquires Highbury Local Publications
Commercial broadcaster, ITV, has today announced a massive 49% increase in operating profit to £325 million for the year ending 31 December 2004, helped by a rise in net advertising revenue across the ITV brand. Operating margin in 2004 grew by 45% year on year, with net cash inflow from operating activities hitting £321 million.… Continue reading Advertising Revenues Drive ITV Profits Up
Commercial radio group, Chrysalis, has announced an improvement in trading within the radio advertising market during January and February 2005. According to the Group’s pre-close statement issued today, trading for the Group is reported to be in line with the Board’s expectations for the full year, confirming predictions made in January (see Chrysalis Optimistic For… Continue reading Chrysalis Performing In Line With Expectations
Almost 60% of US mobile subscribers use their handsets for non-voice functions, according to a new study by mobile market measurement company, M:Metrics. M:Metrics surveyed over 23,000 mobile subscribers in the US about their usage of mobile content and applications between November 2004 and January 2005. The research found that over 37% of respondents had… Continue reading Multi Use Of Mobile Handsets
US consumers with broadband used the internet over newspapers as their primary source of information during the presidential elections, according to a new survey by the Pew Internet & American Life Project. The survey reveals that 52% of internet users, about 63 million people, claimed they went online to get information about the 2004 elections.… Continue reading Broadband Preferred Over Newspapers During US Presidential Elections