Digital satellite radio in the US is predicted to enjoy impressive growth over the next several years, with an estimated 9 million new subscribers set to join by 2008, according to market research firm In-Stat. A recent survey of the firm’s Technology Adoption Panel of US consumers, indicates a growing awareness of digital radio services,… Continue reading Digital Radio Forging Ahead
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International media group, Pearson, has issued a positive trading update ahead of its 2004 preliminary results announcement on 28 February, stating that flagship publication, the Financial Times, is on course to break even in the fourth quarter, reiterating expectations in the Group’s November trading update.The announcement follows hard hitting cost-cuts within the company over previous… Continue reading Financial Times Set To Break Even For 2004
A rise in utility bills and housing costs has helped to push the UK’s inflation rate up, with December’s figure hitting its highest level since June 2003, according to the Office for National Statistics.According to the ONS, the consumer price index has risen by 1.6% year on year in December. The bulk of the blame… Continue reading Inflation Rises As Utility Costs Climb
The former director-general of the BBC, Greg Dyke, has denied recent speculation that he has held talks with Clive Hollick regarding a consortium bid for commercial broadcaster ITV, according to industry sources. Mr Dyke has had no contact with Lord Hollick and the first he knew of the outgoing United Business Media (UBM) chief executives’… Continue reading Dyke Denies ITV Takeover Rumours
Commercial broadcaster ITV saw a slight increase in share price, gaining 0.43% to close on Monday at 115˝p. Last week saw ITV share price rise dramatically amidst speculation of a consortium bid backed by private equity houses Apax and Kohlberg Kravis. However, stock soon slid back on scepticism over the bid (see Greg Dyke Implicated… Continue reading Sharewatch: ITV Share Price Plateaus Amidst Bid Scepticism
Student union television specialist, SUBtv, is offering advertisers the chance to access 24% of UK 18-24 year olds with six broadcast sponsorship packages for 2005’s 6 Nations rugby championship.Each package, comprising of live matches and rugby programming, will be broadcast in 77 student unions and allow participating advertisers 25% of the screen space to display… Continue reading Advertisters Target Students During Six Nations
Capital Radio-owned indie music station Xfm has hired creative agency Mother to deliver the station’s above-the-line activity following an impressive pitch to the station’s marketing team at the end of last year.The appointment follows the decision from Capital Radio to inject more money into its development brands, a move which the company hopes will capitalise… Continue reading Xfm Signs Mother To Handle Promotional Push
Marketing budgets continued to rise, with further upward revisions reported for the fifth consecutive quarter and internet related marketing, direct marketing and sales promotion are all expected to do well in 2005. The IPA’s latest quarterly Bellwether report, compiled by NTC research, reveals that many companies have set their budgets for the first quarter of… Continue reading Q4 Bellwether: UK Marketing Budgets Continue To Rise
Cable providers Telewest Broadband and NTL have launched their first fully fledged on-demand services today, allowing Telewest’s digital cable customers in Bristol to view films provided by FilmFlex, while NTL customers in Glasgow will be the first to try its on-demand TV service, dubbed NTL On Demand.Telewest’s new service is initially available to around two… Continue reading Cable Giants Launch On-Demand TV And Movie Services
The UK is leading Europe in its internet shopping habits, with over a quarter of UK consumers spending more than £1000 online during 2004, compared to a European average of just 15%. The new research undertaken by global research agency Millward Brown, commissioned by the European Interactive Advertising Association (EIAA), was designed to investigate the… Continue reading UK Leads Europe In Online Spending
