More Industry News articles

Yahoo! warns it could cut 5% of its global workforce despite posting pre-tax profits of nearly $80 million in the first quarter of 2009.Yahoo!’s chief executive Carol Bartz said the company “is not immune to the ongoing economic downturn” when she unveiled the search engine’s financial results last night.Last October, the company announced it would… Continue reading Yahoo! warns of job cuts as Q1 figures are released

Despite the credit crunch, the internet is continuing to prove the medium of choice for more European advertisers as they seek to maximise return on investment. According to a report from the European Interactive Advertising Association, 70% of advertisers claim that their allocated online ad spend is increasing in 2009. The survey was conducted online… Continue reading Online continuing to be the medium of choice for European advertisers

New research has found that UK internet users are spending less of their online time shopping and more time browsing online media. During March 2009, 8.6% of all UK internet visits went to online retail websites and 9.8% to social networking websites, according to research from online intelligence firm Hitwise. Robin Goad, Hitwise’s director of… Continue reading UK internet users spending less time shopping online

While audience fragmentation is continuing, viewing of video content – including via the television set – is growing, according to the second Accenture annual Global Broadcast Consumer Survey. The survey, of more than 13,000 consumers in 13 countries, found that consumption of video content has risen during the past year in virtually every age range… Continue reading Consumers increasingly watching video content on multiple platforms

Almost half (48%) of US adults have either a MySpace or Facebook page, with 16% of adults updating their page at least once a day. Meanwhile, just 5% of Americans are currently using Twitter, according to a poll from Harris Interactive. The Harris poll surveyed 2,220 US adults online nationwide between March 31 and April… Continue reading Almost half of Americans have a Facebook or MySpace account

BBC One’s fantasy drama series Ashes to Ashes returned with an impressive 7 million viewers last night, banking the all-important peak-hour ratings.The eighties drama, starring Philip Glenister and Keeley Hawes, attracted over 7.1 million peak viewers and a 29.1% average audience share between 9pm and 10pm.At the same time, ITV1’s daily trip to Hell’s Kitchen,… Continue reading Ashes to Ashes returns with 7m viewers

Global Radio is expected to confirm the sale of eight stations in the Midlands to Bauer Media in a deal thought to be worth around £30 million.Last year, Global offered to dispose of the eight Midland-based stations in a bid to appease competition concerns by the Office of Fair Trading over Global’s £375 million purchase… Continue reading Global expected to confirm £30m deal with Bauer

Social networking via mobile phones is increasing with 44% of young people viewing pages on the move, according to new research from the Internet Advertising Bureau.The report, of nearly 2000 UK adults, found that updating social network sites via mobiles is rising, with 25% of all respondents logging on the check or update their pages.16… Continue reading Mobile social networking is on the up

Wikipedia has become the latest publisher to block online advertising system Phorm from tracking users across its portfolio of sites.The system, which builds profiles of users by scanning keywords on websites they visit and then assigns relevant ads, has been up against tough opposition over the past few weeks.Wikipedia released a statement, which said: “The… Continue reading Wikipedia to block Phorm

Independent News & Media has postponed publishing its annual results for a second time while debt talks continue.INM was due to release its 2008 figures this Friday but the company’s management will continue to hold talks about reducing its £1.3 billion debt until it announces its results next Thursday.Reports suggest that the company was hoping… Continue reading Independent News & Media delays annual results announcement