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The value of the worldwide internet video subscription market is set to grow to more than $4.6 billion by 2008, says a new report from In-Stat/MDR. According to the high-tech market research firm, this sector is set for rapid expansion as it continues to extend its reach to include different types of content, such as… Continue reading Internet Video Subscriptions To Grow To $4.6 Billion By 2008

Regional newspaper publisher, Johnston Press, has today announced that pre-tax profit for the first six months of this year rose by 16% to £77.3 million, spurred by greater than expected advertising revenue. Operating profit at the group from January to June 2004, jumped 9.5% to £92 million, fuelled by an overall growth of 6% from… Continue reading Profits At Johnston Press Fuelled By Ad Revenue

Commercial broadcaster ITV has disposed of Carlton Books for an undisclosed sum as part of its £600 million programme to sell-off non-core assets. The sale of the non-fiction book publisher, which was a management buy-out, is expected to be the first of many and will be followed by the sale of the Moving Picture Company,… Continue reading ITV Starts Disposal Of Non-Core Assets With Carlton Books

Worldwide revenues from mobile data services will rise to $189 billion by 2009, up from $61 billion this year, says a new report from Strategy Analytics. According to the Wireless Internet Applications report, communication, which includes text, photo and video messaging will be the largest source of income, generating 46% of total mobile revenues. Mobile… Continue reading Revenues From Mobile Messaging To Triple By 2009

US advertising spending rose by 6.4% in the first half of this year, fuelled by a spending increase in political and traditional advertising, according to preliminary figures released from Nielsen Monitor-Plus.Advertising dollars were up across all 10 of the reported media, said the advertising intelligence service division of Nielsen Media Research, with the largest single… Continue reading US Ad Spending Grows By 6.4% In First Half Of 2004

WPP performed well yesterday, increasing its share price by 1.02% to close at 493p as the global advertising giant revealed it is considering a £500 million rights issue preceding the purchase of American advertising group, Grey Global.Chief executive of WPP, Sir Martin Sorrell, said last week that he is looking at Grey’s books, but did… Continue reading Sharewatch: WPP Sees Rise As Grey Bid Considered

Associated Newspapers has announced the appointment of Kevin Beatty as its new managing director, replacing Murdoch MacLennan, who is leaving the company to become chief executive of the rival Telegraph Group.Beatty, who is currently managing director of Northcliffe Newspapers Group, is a widely respected newspaper executive with a significant amount of industry experience. As well… Continue reading Associated Appoints Beatty As New Managing Director

SUBtv, the student media network, has expanded its range of plasma television screens to encompass a further 20 universities across the UK, in a move that brings nearly 1.5 million extra viewers to the service.The latest move will bring SUBtv to a total of 75 universities in time for the new academic year beginning in… Continue reading Student Television Network Boosts Reach By 40%

Channel 4 will this month make deeper in-roads into the rapidly expanding area of advertiser funded programming with the launch of a series of health orientated docusoaps funded by FMCG brand Flora Pro.activ.The funding deal will see a series of five thirty-minute programmes entitled Fit Street broadcast by Channel 4. They will follow a group… Continue reading Channel 4 To Screen Flora Funded Fitness Show

New mothers tuning in to Discovery Health’s Baby Talk programming strand will be targeted by food manufacturer Heinz later this month, when the FMCG giant sponsors the broadcaster’s childcare output with its established Farley’s brand.The sponsorship includes on-air coverage, interactive applications and promotion through a one-off DVD created by Discovery as part of the deal.… Continue reading Discovery Finds Heinz As Backer For Baby Shows