Each week, MediaTel INSIGHT brings NewsLine readers a round-up of the latest news from the City affecting the media industry.The new online television service Joost (see Joost Ready For Lift Off) revealed that it five parties invested $45 million in the company.Index Ventures, a European capital firm, Sequoia Capital, which has invested in Yahoo! and… Continue reading Media In The City
More Industry News articles
Iostar, the television start-up which former head of Sky Networks Dawn Airey recently left, is to reveal today that it is going into liquidation. According to a report in today’s Guardian the company will release a statement saying “The board of Iostar has considered a number of options to continue the business according to a… Continue reading Iostar To Go Into Liquidation
The latest study from Telephia and comScore on mobile v PC-based internet usage reveals that 5.7 million people in the UK used a mobile device to go online during January 2007 compared to the 30 million people age 15 or older who accessed the web from a PC (either a home or a work machine).… Continue reading 5.7 Million Use Mobile Internet In January In UK
Telecommunications giant BT has unveiled its biggest advertising campaign of the year so far – a multimillion pound national promotion for its IPTV service, BT Vision.The campaign is led by national TV advertising, kick-started by two new 60-second slots The new ads develop the story of Adam and his partner Jane as they each rush… Continue reading Huge Ad Campaign For BT Vision As Service Hits The High Street
Trinity Mirror’s advertising revenue for the first four months of the year fell by 3%, excluding digital acquisitions. The publisher’s regionals division saw advertising revenues decrease by 2.3%. Excluding the acquired digital businesses, the Regionals division advertising revenues for the first four months fell by 3.3%. Advertising revenues for its nationals division fell by 4.0%.The… Continue reading Trinity Mirror Ad Revenue Declines
The Advertising Standards Authority (ASA) Annual Report for 2006 has revealed that 2,421 ads were changed or withdrawn as a result of ASA action during the year.Although the total number of complaints lodged with the ASA fell by 14.5% (to 22,429) on the previous year, a record number of ads – 12,842 – were complained… Continue reading Online Ad Complaints To ASA Rise 33% Year On Year
Following reports of alleged dumping of London freesheets, ABC has carried out an urgent review and confirmed that this has been occurring. However ABC is satisfied that the reported figures for April are materially compliant.Both Associated Newspapers and News International made any video and photographic evidence available to ABC as soon as the review was… Continue reading ABC Confirms London Freesheet Dumping
Yahoo! and Vodafone used the Media360 conference in Wales yesterday to announce a significant joint venture – “the biggest mobile opportunity in the UK” – which will launch in mid-June.Using the Vodafone Live! portal, Yahoo! will now take responsibility for all advertising sales and adserving across the Vodafone portal incorporating a variety of mobile advertising… Continue reading Yahoo! And Vodafone Unveil Significant Joint Venture
EMarketer, the online market research firm, has increased its estimate of US ad spending on social networks to $900 million in 2007. The increase comes from two factors: increased revenue projections for Facebook and additional spending on niche and marketer-sponsored social networks. Between 2007 and 2011, US ad spending on social networks will grow 180%… Continue reading US Ad Spend On Social Networks To Increase
News Corporation has announced that its revenues for the quarter ending March 31 increased 21% to $7.5 billion, with its net income increasing 6% to $871 million. Filmed entertainment delivered record operating income contribution of $410 million, up 82%, whilst cable network programming operating income was up 34%, with News Corp saying that increased affiliate… Continue reading News Corp Revenues Grow 21%
