In February, a report from eMarketer revealed that more than 17 million households in the UK, or 67.2% of the total, will subscribe to various broadband technologies in 2009. This figure is an increase of almost 6.5% from the 16.1 million UK households using broadband in 2008 (see Boost in UK broadband use) In a… Continue reading INSIGHTanalysis: Media Healthcheck – February 2009
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Interpublic Group’s revenues fell 4.1% year on year in the three months to December. The group’s revenues dropped to $1.9 billion (£1.33 billion) in the fourth quarter. US operations saw a 1.9% decline in revenues while there was a 6.3% decline in international revenues. Michael Roth, Interpublic chairman and chief executive, said: “The latter part… Continue reading Interpublic’s revenues fall 4.1%
Bauer Media has appointed Dasha Zhukova as editor-in-chief of POP magazine, which has recently moved to new offices in London and Berlin.Zhukova, the co-founder of fashion label Kova & T and Roman Abramovich’s girlfriend, is set to work alongside editorial director Ashley Heath, who co-launched POP in 2000.She replaces Katie Grand, the founding editor of… Continue reading Bauer appoints Zhukova as new editor of POP
AOL is launching a new classifieds website that will allow consumers to search through millions of local classifieds listings for every postcode in the UK.AOL Classifieds has been developed in partnership with Oodle, which operates the largest network of classifieds services in the US.Sellers are able to promote their listings by leveraging the reach of… Continue reading AOL launches classifieds website
Microsoft has signed a deal with NBC Universal to expand the film hosting service on its XBox 360 games console.The deal will enable Xbox users to download a choice of 30 Universal movies and watch them in high-definition.Universal follows Paramount Pictures and Warner Bros in agreeing Xbox movie deals with Microsoft.Microsoft has also announced plans… Continue reading NBC Universal signs Xbox 360 movie deal
BT is in talks with Channel 4 over a possible merger of its television subsidiary BT Vision with the broadcaster.Luke Johnson, chairman of Channel 4, said he would fully support a merger between Channel 4 and BT Vision, according to a report in the Sunday Telegraph.Johnson said that a merger offered a “certain logic”. “A… Continue reading BT in merger talks with Channel 4
US mobile search and display advertising revenues are expected to grow to $3.1 billion by 2013, from $160 million in 2008, representing a compound annual growth rate (CAGR) of 81.2%, according to a forecast from The BIA Kelsey Group. The firm forecasts mobile local search advertising revenues will increase from $20 million to $1.3 billion,… Continue reading US search and display ad revenues to grow to $3.1bn by 2013
Trade magazine publisher Centaur Media has reported an 86% year on year fall in pre-tax profits for the six months to the end of December. Centaur posted an adjusted pre-tax profit of £700,000 in the six months to 31 December. In the same period in 2007 the company made £5 million pre-tax profit. Earnings before… Continue reading Centaur Media’s pre-tax profits fall 86% year on year
The National Magazine Company is set to cut its UK workforce by 15%, around 100 jobs, in a bit to reduce costs as the economic downturn continues.The magazine publisher, which is home to 20 titles including Good Housekeeping and Esquire, said the redundancies will affect all areas of its UK business, including both editorial and… Continue reading NatMags to slash 15% of UK workforce
Project Canvas, the joint venture to bring catch-up from the PC to the TV by BBC, ITV and BT, is set to cost £24 million to get up and running.BBC, ITV and BT hope to provide an open technology service so that viewers with Freesat or Freeview and a broadband connection can access catch-up and… Continue reading Project Canvas startup to cost £24m
