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The US online economy continues to perform well, with retail e-commerce sales for the first quarter of 2005 totalling $19.8 billion, up from $15.49 billion in quarter one 2004, according to new figures from the US Department of Commerce. This strong growth is attributed by analyst eMarketer to an increasing trend for consumers to shift… Continue reading US Online Shopping To Reach $84.5 Billion In 2005

Starcom has beaten heavy competition to scoop the COI radio buying account from incumbent OMD, bringing an end to an intensive five-way tussle for the account, worth an annual £20 million.The win will dash the hopes of Carat, Mindshare and ZenithOptimedia, who also pitched for the business, following an unnerving delay by the COI in… Continue reading Starcom Scoops COI Radio Account As TV Boss Swaps Sides

Demand for Personal Video Recorder (PVR) products increased hugely in 2004, with unit shipments rising to over 11.4 million in 2004, up from 4.6 million in 2003, signalling an increase in consumer awareness of the concept of time-shifting television programming. According to research firm, In-Stat’s new report, TV Time-Shifting on the Rise: Worldwide PVR Unit… Continue reading Consumers Demand For PVRs More Than Doubles In A Year

Paul Brown, Chief Executive of the Commercial Radio Companies Association, led a call this morning for the BBC’s Executive Board, responsible for the day-to-day running of the corporation, to be chaired by a non-executive chairman, and for the BBC Trust – which replaces the Governors – to be chaired by someone other than the Chairman… Continue reading BBC Trust Needs Non-Exec Chairman says CRCA Boss

Magazine and radio group, Emap, has revealed a 5% rise in pre-tax profit up to £205 million, boosted by a strong performance in its consumer magazine division, with new magazine Grazia be achieving its targets in terms of sales and audience profile. Turnover for the group was revealed to be up by 2% to £1,068… Continue reading Emap Enjoys Strong Performance In Magazine Division

Independent banner contractor, bigFX, has appointed former Megaposter sales and marketing director, Ian Bohn, as the exclusive sales agent for its national banner portfolio as the company moves to disrupt the current duopoly in large-scale poster advertising held by blowUP and Clear Channel.Bohn worked for Megaposter UK until its acquisition by blowUP Media last year,… Continue reading BigFX Moves To Compete With Banner Market Leaders

Outdoor advertising specialist, Maiden Group, has shown an overall increase of 4% in revenues in April and a 5% rise for the first four months compared to last year, despite challenging market conditions in the second quarter. A statement given by the group’s chairman, Martin Boase, at the annual general meeting, revealed uneven growth across… Continue reading Maiden Enjoys 4% Rise In Revenues During April

Speaking at the Westminster Media Forum this morning, BBC Chairman, Michael Grade stated that the licence fee would be even more valid in a digital world, and that the BBC was strongly opposed to the Government’s proposal to consider “top-slicing” the £2.8bn fee in future.Top-slicing was pitched by Tessa Jowell as an area to be… Continue reading BBC Rejects Sharing the Licence Fee

BBC director general, Mark Thompson, has pledged to drive the Corporation forward with the adoption of the very latest broadcasting technologies, not just in digital television, but through radio, new media and on-demand services.Delivering his address at the Westminster Media Forum today, Thompson gave the Corporation’s response to the Government green paper on charter review,… Continue reading Thompson Pledges Drive For Digital Revolution

China’s wireless penetration rate is predicted to increase over the next four years, rising from the current rate of 25% to over 40% by 2009, according to eMarketer’s new China Wireless report. In a relatively short time, China has become a leading wireless market, with significant opportunities for further growth. However, with considerable cultural, administrative… Continue reading Strong Wireless Penetration Predicted For China