Teletext has announced that due to lack of investment and commercial success, its internet site and digital cable services will cease operating, resulting in around 45 redundancies. In a statement issued today, the Daily Mail & General Trust owned company, said that although the teletext.co.uk website has attracted audiences of several hundred thousand monthly users,… Continue reading Teletext Scraps Digital Cable And Internet Services
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Outdoor advertising is expected to grow faster than radio in the US over the next 5 years, according to a new report from Merrill Lynch. The global advisory company says that US outdoor advertising is undergoing positive secular changes allowing it to transform into a growth sector while radio migrates from a growth to mature… Continue reading US Outdoor Advertising Expected To Overtake Radio By 2005
Over the past few months, there have been numerous reports indicating the advertising recovery is finally underway, but a closer analysis of the underlying figures reveals a different story and explains why many advertising agencies are staying subdued about the turnaround, reports the Financial Times. Figures released yesterday by the Advertising Association revealed that advertising… Continue reading Analysis Of Ad Figures Reveals Recovery May Not Yet Be Here
The popularity of Freeview, the free digital terrestrial television service backed by the BBC, shows no signs of slowing as latest figures show it now reaches an estimated 4 million homes. The continuing popularity of Freeview, which launched less than two years ago, means that BBC’s digital television channels, radio networks and interactive services are… Continue reading Freeview Reaches 4 Million UK Homes
Lord Rothermere’s Daily Mail & General Trust (DMGT) today confirmed that it has pulled out of the bidding race to take control of the Telegraph titles. In a statement issued this morning, the newspaper group said that discussions with venture capital group, CVC Capital Partners, who have been leading the consortium relating to the sale… Continue reading Daily Mail Pulls Out Of Race For Telegraph Titles
Communications group, Telewest has announced that shares in the company will be delisted from the London Stock Exchange (LSE) on 14 July 2004. The ordinary shares will be cancelled on the Official List of the UK Listing Authority and the admission to trading of such shares on the LSE the day before the Telewest restructuring… Continue reading Telewest To Delist From London Stock Exchange
Internet service provider Wanadoo, formerly Freeserve, has been ordered to make it clear that some of the search results on its website are paid for by advertising following complaints from consumers.The Advertising Standards Commission ruled that internet users had been mislead by the fact that sponsored links on the Freeserve site, which has now been… Continue reading Wanadoo Rapped Over Misleading Search Advertising
Newspaper publisher Johnston Press saw a dip in share price yesterday, sliding 0.85% to 555źp despite positive forecasts for the first half of the year. Yesterday the publisher announced that results will be well ahead of expectations, revealing a growth in advertising revenue of around 5.8%.According to Johnston Press, all categories of advertising have seen… Continue reading Sharewatch: Johnston Press Dips Despite Positive Forecasts
The creation of community radio stations looks increasingly likely as legislation has been laid before Parliament, despite fevered opposition from many commercial broadcasters claiming the new stations will cannibalise their listenership and advertising revenue.The legislation, dubbed the Community Radio Order, must now be agreed by both the House of Commons and the House of Lords… Continue reading Community Radio Edges Closer Despite Opposition
