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The start of WAGs’ Boutique lured just 334,000 adults on average to ITV2 last night, giving the channel a 2% viewing share of the multi-channel television network, despite a considerable marketing push.London freesheet thelondonpaper, which has a circulation of 410,000, was yesterday wrapped in a full colour advert for the programme, designed to look like… Continue reading WAGs Fail To Wow For ITV2

River FM, a radio station based in Livingstone, has become just the second ever station in UK history to return its licence to Ofcom, after it failed to find a buyer.The Scottish station stopped broadcasting yesterday evening having been on the air for three years.Its owner, the Kingdom Radio Group, put it up for sale… Continue reading Scottish Radio Station Hands Back Licence

MediaTel Group is gearing up for the next installment in its ‘Future Of…’ series of seminars, with the latest focus on consumer magazines.Shortly after the July to December 2006 ABC data for consumer magazines is released, the UK’s leading online media intelligence company will turn its attention to this ever mutable sector, hosting a lively… Continue reading MediaTel Group Examines Future of Consumer Magazines

Sky recorded net customer growth of 183,000 in the October-December period of 2006, taking its total figure to 8.4 million customers, although its pre-tax profits in the six months to December 31 were down 4.6% year on year to £395 million.There was record growth in Sky+ boxes to 2.13 million, in 1.97 million households.It was… Continue reading Customer Growth For Sky But Profits Down

Traditional broadcasting will make way for IPTV functionality in the next five years, according to Microsoft chairman, Bill Gates.Speaking at the World Economic Forum in Switzerland, Gates predicted that the internet would revolutionise television due to an explosion of online video content and the merging of PCs and TV sets.“I’m stunned how people aren’t seeing… Continue reading Internet Will Revolutionise TV, Says Gates

The new Media Insights report from PricewaterhouseCoopers (PwC) shows that the number of mergers and acquisitions in the European media sector rose 75% to €43 billion (£28 billion) in 2006, the most activity for six years. The number of deals in Europe was up 12% to 175 transactions last year and, if the UK is… Continue reading European Mergers And Acquisitions Reach Six Year High

Active home internet usage experienced its largest growth in Spain as the year closed out, according to new research from Nielsen//NetRatings. Active Internet Universe, December 2006  Country  November 2006  December 2006  Growth (%)  Diff.  Australia 10,648,118 10,698,764 0.48 50,647 Brazil 14,448,077 14,419,335 -0.2 -28,741 France 20,876,899 21,183,022 1.47 306,123 Germany 33,282,100 33,396,576 0.34 114,476 Italy… Continue reading Home Internet Usage Increases

A new forecast from the National Institute of Economic and Social Research (NIESR) predicts that the world economy will continue to expand vigorously, growing by 5.0% in 2007 and by 4.8% in 2008. The strong upturn is expected to continue over the next few years, with world GDP increasing by 4.8% in 2008 and growth… Continue reading Global Economy To Expand Vigorously

The UK economy is predicted to grow by 2.8% this year, driven mainly by consumer spending and investments, according to a new forecast from the National Institute of Economic and Social Research (NIESR). The NIESR adds that after rising in 2005 by 1.4%, the slowest pace since 1992, personal consumption increased by 1.9% in 2006… Continue reading UK Economy Predicted To Grow 2.8%

The latest advertising forecast from Merrill Lynch estimates 5.0% UK advertising growth in 2007, higher than the UK forecasts from both Aegis and Zenith. The financial analyst forecasts 3.6% global advertising growth in 2007, comprising 4.3% Western European growth, 4.0% Latin American growth, 5.0% Asia Pacific growth and 2.9% US growth. This is lower than… Continue reading 5.0% Ad Growth Forecast For UK In 2007