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News Corporation has announced that its profit for the last three months of 2006 dropped to $822 million (£417 million). News Corp, owner of the Sun, the News of the World and the Times, said that revenues in the quarter rose 18% to $7.8 billion (£4 billion). News Corp attributed the fall in profits to… Continue reading News Corp Profits Down

Britain’s pensioners have become a nation of silver surfers, with the internet overtaking more traditional pastimes such as DIY and gardening. According to new research from the insurance company AXA, Britons are amongst the top five web users in the 11 nations surveyed for its global study. Activities such as chatting to friends, emailing, searching… Continue reading Britain’s Pensioners Becoming Silver Surfers

More than half of communications industry executives believe that Internet Protocol Television (IPTV) can generate significant revenue within the first three years of service, according to findings of a survey by Accenture and the Economist Intelligence Unit. The survey of nearly 350 executives from telecommunications, broadcasting and media companies across 46 countries in the Americas,… Continue reading IPTV Could Generate Significant Revenue Within 3 Years

Newspaper circulation is growing and new newspapers are being launched at a remarkable rate, according to new data from the World Association of Newspapers (WAN). WAN says that even in North America and Europe, where negative assumptions about the industry are widespread, both circulation and the number of new titles have increased. Timothy Balding, CEO… Continue reading Global Newspaper Industry Shows Good Growth

The mobile web will herald dramatic growth in revenues in the mobile content and services market, according to a new forecast from Informa Telecoms & Media. Informa says that despite falling average revenues per user for mobile operators, the mobile content and services market will continue to grow dramatically as services and applications reach maturity… Continue reading Mobile Internet To Herald Growth In Content And Service Revenues

Spending on online display advertising rose to more than £147 million in 2006, up 25%, according to new figures from Nielsen Media Research. The only other sectors to record rises were national newspapers, up 2.1% to £1.5 billion and outdoor, up 1% to £751 million. The sector with the worst performance was regional press, which… Continue reading Online Display Advertising Rose 25% In 2006

A new digital magazine aimed at the young women’s market could be in development, if reports in the trade press are correct.It is understood that the National Magazine Company has been in discussions with Dennis Publishing, who launched online mag Monkey in November (see Dennis Launches New Online Lads Mag), about the new project.Monkey is… Continue reading Nat Mags Could Launch Online Women’s Title

Dennis Publishing has announced the appointment of James Mallinson as the new publisher of Monkey, the weekly digital men’s magazine.Mallinson will report to Kerin O’Conner, executive director of Dennis, and will work with the Monkey sales and editorial team to drive the online mag’s commercial business forward.He will join Monkey on March 5 from Emap… Continue reading Online Mag Appoints New Publisher

Emap’s consumer media division has paid £8.7 million for the mobile user-generated content business Yospace.Emap will pay another £5.7 million depending on Yospace reaching certain targets.Yospace produces ‘See me TV’ for 3 and the ‘LookAtMe!’ service for 02, and also provides services to other major mobile phone operators.Research from Emap Advertising, released last November, claimed… Continue reading Emap Buys UGC Company

Freeview has revealed that Christmas 2006 was its best ever, with more than two million digital boxes and TVs sold during the quarter.Freeview has experienced strong takeup since its launch in October 2002, with 15 million sales since it emerged on the market.The fourth quarter of 2006 saw strong Freeview sales across all products, including… Continue reading Freeview Has Best Christmas Ever