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Channel 4 has recorded it highest ever profit after tax, revealing an increase of 34% to £46 million in 2004, compared to £34.3 million in 2003, according to the broadcasters report and financial statements published today. The strong profit growth is attributed to record advertising revenues of 8% and the success of the channels commercial… Continue reading Channel 4 Records Highest Ever Profits

The US newspaper industry is seeing continued growth in its online counterparts, with online newspaper readership in March up by 31% year on year, according to a report for the Newspaper Association of America by Nielsen//NetRatings. Despite this strong performance, publishers are looking for ways to charge for content, with the New York Times unveiling… Continue reading US Online Newspaper Industry Continues To Grow

Advertisers will be offered another channel to target consumers, with this week’s video games industry event, E3, showcasing a new media network that may eventually challenge television advertising expenditure. A new generation of advertising is being developed that exploits the growing networks of online gamers, providing a number of multi media forms that can be… Continue reading New Advertising Channel Poses Future Threat To TV

Newspaper circulation in the US is reported to be at its lowest since 1996, with daily circulation dropping by 1.9% in the six-month period ending March 31 and Sunday circulation losing 2.5% of sales over the last six months. Looking at the latest data from the Audit Bureau of Circulations (ABC), analyst eMarketer has concluded… Continue reading US Newspaper Circulation At Lowest Since 1996

The broadband market in Latin America is getting back on track, aided by 2004’s relatively stable economic market and by increasing affordability, popularity and advances in internet connection speed, according to eMarketer’s new Latin America Broadband report. Commenting on the new research, Ben Macklin, a senior analyst and author of the report said: “The broadband… Continue reading Latin America Broadband Back On Track

Clive Hollick, the former chief executive officer of United Business Media (UBM), has turned down a controversial £250,000 bonus following a revolt from the company’s shareholders. Shareholders disapproved of the large payout at last week’s annual general meeting, with around three quarters voting against the remuneration report (see UBM To Pay Hollick £250k Bonus). Earlier… Continue reading Hollick Refuses £250K Bonus

Newspapers are increasingly feeling the impact of a varied media landscape, according to a new report from eMarketer, with circulations in the US at their lowest point since 1996.John Strum, executive director of the Newspaper Association of America (NAA) explained the situation, stating: “Two years ago search engines were not viewed as much of a… Continue reading Newspaper Decline Is Worst Since 1996

Channel 4 is expected to report annual profits rising as high as £70 million tomorrow, with advertising revenues and turnover hitting record levels.Profits are predicted to be significantly up on last year’s £45.3 million, while Andy Duncan, Channel 4’s chief executive, is expected to update on the first few months of the year, revealing the… Continue reading Channel 4 Set To Unveil Record Profits

The BBC has launched the next phase in the development of its interactive Media Player (iMP), eventually intended to allow on-demand access to all of the BBC’s content, as well as giving access to the Corporation’s extensive archive of material.An extensive three month trial of the new technology is due to begin in September, allowing… Continue reading BBC Media Player Paves Way For Legal TV Downloads

Emap has raided Channel 4 in search of a new managing director for its Kiss radio operations, appointing Bill Griffin, the broadcaster’s current head of marketing, as the radio network’s new boss.Griffin will join Emap later this year, taking responsibility for Kiss 100 in London as well as the station’s national radio network. The new… Continue reading Emap Signs Channel 4 Marketing Boss To Head Kiss