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US ecommerce sales will rise 24% to $65 billion this year and growth will be maintained through to 2008 when online will account for 5% of all retail sales, according to a new study by Jupiter Research. The report, Market Forecast: US Retail 2004-2008, claims that online retail growth is being driven by an influx… Continue reading US Online Retail Sector Gears Up For Growth

The arrival of new stations and data services will ensure significant growth in the digital radio market over the next few years, according to a new report from In-Stat/MDR. There have already been major developments in digital satellite radio in the United States while digital terrestrial platforms have led the way in the UK. Only… Continue reading Digital Radio Taps Into The Zeitgeist

The text message phenomenon shows no signs of slowing as the latest research reveals that more than 20 billion messages were sent last year, with the total expected to grow even further during 2004. Figures from the Mobile Data Association show that the popularity of the traditional text message has not been dented by the… Continue reading Text Messaging Reaches Record Levels During 2003

The market market proceeded with caution yesterday as research cast doubts over the Government’s ambitious forecasts for economic growth during 2004 and suggested that the initial euphoria of the post-war Iraq period had been dampened. WPP was seen down by 5.14% and Emap slipped by 1.82% (see Marketing Spend Expected To Grow By 3% During… Continue reading Sharewatch: Renewed Caution Weighs On Media Market

An obscure law in the state of Delaware could prove a stumbling block to the ambitions of the reclusive Barclay brothers with regard to Hollinger International.The two press barons have tabled a £260 million offer for the publishing group, which is currently owned by Conrad Black. However, the deal is opposed by a majority of… Continue reading State Law Could Jeopardise Hollinger Takeover

The radio industry is calling on the Government to announce a definitive switch-off date for the analogue signal as part of a wider initiative to boost the uptake of digital radio in the UK.Speaking at an industry seminar yesterday, GWR chairman Ralph Bernard said he had written to Culture Secretary Tessa Jowell and Ofcom chief… Continue reading Radio Industry Calls For Analogue Switch-Off Date

US magazine advertising revenue rose by 6.3% during 2003, following a 3.1% year on year increase in December, according to end-of-year data from the Publishers Information Bureau (PIB).Also On MediaTel Insight Today…Cable TV Looks To Capitalise On New OpportunitiesThe number of worldwide cable TV subscribers increased last year but the rate of growth was the… Continue reading MediaTel Insight: US Magazine Ad Revenue Climbs In 2003

Cable magnate John Malone has become the second largest voting shareholder in News Corporation after Rupert Murdoch after acquiring a $1.82 billion stake in the media giant. Malone now owns 9% of the voting stock through his corporate vehicle, Liberty Media. Murdoch retains a 30% stake in News Corp. The surprise deal has prompted media… Continue reading Liberty Increases News Corp Stake

Marketing spend is expected to increase by around 3% this year, but the economic recovery will not be as swift as first thought, according to new research from the Chartered Institute of Marketing The new survey supports a recent report from the Institute of Practitioners in Advertising, which suggests that a rising tide of corporate… Continue reading Marketing Spend Expected To Grow By 3% During 2004

Britain’s annual rate of inflation remained static in December, defying expectations that it would fall, according to the latest figures from the Office of National Statistics.The Chancellor of the Exchequer’s new measure of inflation, the Consumer Price Index, held firm on November’s figure of 1.3%, which is well below the Bank of England’s new inflation… Continue reading UK Inflation Remains Unchanged In December