The Chancellor of the Exchequer’s new measure of inflation, the Consumer Price Index, has come into force, in a move that will see the UK move below target.The CPI, which excludes housing and council tax costs, currently stands a 1.4%, which is well below the 2% target set by Gordon Brown in the pre-Budget report… Continue reading Chancellor Brings In New Inflation Measure
Wireless gaming is set to become a mass-market phenomenon in the US, with a third of wireless subscribers expected to be gaming by 2008, according to a new report from IDC. The group forecasts that the number of wireless gamers will rise from 7.9% of all subscribers in 2003 to 34.7%, or 65.2 million users,… Continue reading Wireless Gaming To Hit Mass Market In The US
US online advertising spend will soon surpass the levels seen during the dotcom boom, following a dramatic swing back into positive growth this year, according to a report from eMarketer.Also On MediaTel Insight Today…US Sees Growing Adoption Of Interactive TV AdvertisingInterest in interactive television (iTV) formats from programmers, advertisers and viewers, is growing quietly but… Continue reading MediaTelINSIGHT: Online Adspend To Exceed Boom Levels By 2005
Week on week analysis of the media sector revealed a poor performance at Independent News and Media, which slipped 8.13%. The group announced a €53.5 million worldwide restructuring plan intended to reduce debts over the next twelve months (see Independent News & Media Cuts Jobs To Save On Costs).Elsewhere, UBM rose 2.78% after revealing that… Continue reading Sharewatch: Independent Falls On Poor Results
A peak of more than 12 million viewers tuned into to ITV1 on Saturday night to watch Michelle McManus, the size twenty former events manager from Glasgow, win the latest series of Pop Idol.Audiences for the finalé of the long-running reality-TV talent show, which saw the 23 year-old singer receive a £1 million recording contract,… Continue reading Pop Idol Final Proves Bigger Is Better For ITV
Less than a third of media industry professionals believe that RAJAR should introduce the electronic measurement of radio audiences following pressure from Wireless Group chairman, Kelvin MacKenzie.MacKenzie met RAJAR last week in one final attempt to persuade it to endorse the measurement system he has been funding with GfK, before he begins legal proceedings against… Continue reading Media Researchers Unsure About Electronic Measurement
Daily Mail and General Trust group was seen in the spotlight, up 3.38% as cyclical stocks benefited from the FTSE’s surge.Independent News & Media was also in focus after announcing a €53.5 million worldwide restructuring plan intended to reduce debts over the next twelve months (see Independent News & Media Cuts Jobs To Save On… Continue reading Sharewatch: Daily Mail Rises On Cyclical Surge
US online advertising spend will soon surpass the levels seen during the dotcom boom, following a dramatic swing back into positive growth this year, according to a report from eMarketer. Following two years of substantial decline, 2003 will see online expenditure jump by 14.8% – the highest growth for the next four years, according to… Continue reading US Online Adspend To Exceed Dotcom Levels By 2005, Says eMarketer
Rupert Murdoch’s News Corporation has been granted permission to take over US satellite broadcaster DirecTV, in an approval by the Federal Communications Commission (FCC) at the end of last week. The approval of the acquisition of DirecTV by News Corp from Hughes Electronics had been widely expected (see Murdoch Awaits Go Ahead On DirecTV Deal).… Continue reading Murdoch Gets Go-Ahead On US Satellite TV Ambitions
Rupert Murdoch’s News Corporation has been granted permission to take over US satellite broadcaster DirecTV, in an approval by the Federal Communications Commission (FCC) at the end of last week.The approval of the acquisition of DirecTV by News Corp from Hughes Electronics had been widely expected. The decision clears the way for Murdoch’s plans to… Continue reading Murdoch Gets Go-Ahead On US Satellite TV Ambitions
