Debt-laden cable company Telewest was seen in the spotlight after revealing it has reduced its losses by 18% in the first nine months of the year (see Telewest Losses Narrow In Third Quarter). The news was greeted with scepticism in the market and the stock was seen down 11.11%.Elsewhere the BSkyB saga continued to dominate… Continue reading Sharewatch: Telewest Falls Despite Curbing Losses
US online retail sales will reach almost $17 billion during the holiday season, a 22% increase over the same period last year, according to a new study from Jupiter Research. The report, Holiday 2003: Online Pushes Limits of Last Minute Shopping, found that nearly 40% of online users plan to do some or all of… Continue reading Festive Online Sales To Surge, Says Jupiter
Viacom Brand Solutions has secured Sega to sponsor its new show Wildboyz in order to promote its new Worms 3D game.The series, which begins later this month features Steve-O and Chris Pontius from infamous stunt show Jackass. The show will follow them around Africa where they will perform “wince worthy stunts involving native wild animals.”The… Continue reading Viacom Secures Sega For MTV Sponsorship
Advertising spend across Europe’s six major markets will be virtually flat this year but the improving economic situation should ensure stronger increases from 2004. The PricewaterhouseCoopers report, Entertainment And Media Outlook: 2003-2007 Europe analysed advertising conditions in France, Germany, Italy, the Netherlands, Spain and the UK and noted broadly similar trends. Traditionally, advertising has outstripped… Continue reading European Adspend Trails GDP Growth, Says PwC
Granada Enterprises has secured Farepak Food and Gifts to sponsor its Christmas programming on its Granada Plus channel.Farepack will sponsor the “pick a perfect Christmas” promotion which will invite viewers to pick their favourite programmes to be screened on Christmas Day.From the beginning of November, Plus will run Farepak-branded teasers and promotions encouraging viewers to… Continue reading Farepak To Sponsor Granada Plus At Christmas
Spending on entertainment and media in Europe’s largest economies will grow at a compound annual growth rate (CAGR) of 3.4% between now and 2007, according to a report published by PricewaterhouseCoopers.Also On MediaTel Insight Today…Mobile Games Set For Big Future, Says AnalysysGaming currently accounts for only a small proportion of European mobile entertainment revenues but… Continue reading MediaTelINSIGHT: E&M Industry To Remain Buoyant
IPC Media’s international department is strengthening its focus with the appointment of a business development manager and an account manager.Eszter Cooper has been appointed business development manager, with responsibility for developing IPC’s titles in the international market. Prior to joining IPC Cooper managed a recruitment publishing company in Hungary.Commenting on her appointment, Cooper said: “This… Continue reading IPC Looks To International Growth With Expansion
Spending on entertainment and media in Europe’s largest economies will grow at a compound annual growth rate (CAGR) of 3.4% between now and 2007, according to a report published by PricewaterhouseCoopers (PwC). The global professional services firm calculates that total media and entertainment spending in six key countries (UK, France, Germany, Italy, Spain and the… Continue reading European E&M Industry To Remain Buoyant, Says Report
Earnings at Rupert Murdoch’s News Corporation more than doubled in its first quarter with the media conglomerate’s movie unit reporting the largest growth. The company posted a net profit of $422 million in the three months to the end of September, up from $162 million in the same period last year (see Price War Drives… Continue reading Film Sales Lift News Corp Profits
Men in the 18-34 age group view more web pages and spend more time online than the average internet user, according to a study by comScore Media Metrix. US media and advertising companies have begun to express concern at the apparent decline in television viewing among young males. One theory is that this key demographic… Continue reading Young Males Flocking To The Internet, Says Report
