There appears to be no improvement in ITV advertising levels on the horizon, according to a Morgan Stanley analysts, with September looking unlikely to provide the previously-anticipated pick-up in trading.Also On MediaTel Insight Today…TV Viewing Loses Importance For The Young, Finds US SurveyThe importance of television to the younger age groups is beginning to diminish… Continue reading MediaTel Insight: Morgan Stanley Downgrades ITV Forecasts
The underlying rate of UK inflation fell to 2.9% in May, down by 0.1% on the previous month, according to the latest figures from the Office Of National Statistics (ONS).The headline rate of inflation, which includes mortgage interest payments also fell by 0.1% to 3%. However, it still remains well above the Government’s target of… Continue reading UK Inflation Falls In May On Weakened Oil Prices
Wireless local-area network (WLAN) equipment shipments experienced triple-digit growth in 2002 but there was no corresponding increase in revenues, according to new figures from Gartner Dataquest. The research company said that global WLAN equipment shipments totalled 19.5 million units last year, representing an increase of 120% from 2001 shipments of 8.9 million units. However, the… Continue reading Worldwide WLAN Sales Double In 2002
There appears to be no improvement in ITV advertising levels on the horizon, according to Morgan Stanley analysts, with September looking unlikely to provide the previously-anticipated pick-up in trading. At a broadcasting conference held by Morgan Stanley, a major UK media buyer told analysts that his firm sees no sign of recovery in September, with… Continue reading Morgan Stanley Downgrades ITV Forecasts
The importance of television to the younger age groups is beginning to diminish in the US, according to Parks Associates’ Electronic Living @ Home research. The survey shows that TV’s significance decreases steadily toward the younger demographic, with internet access and personal computing becoming increasingly prevalent for these groups. “Perhaps most surprising is how obviously… Continue reading TV Viewing Loses Importance For The Young, Finds US Survey
Active Value, the largest shareholder in beleagured advertising group Cordiant, has denied that it has any plans to launch a joint bid for the company with WPP Group. WPP is embroiled in a bidding race for control of Cordiant and was the favourite until the last minute intervention of Publicis. The French media giant has… Continue reading Cordiant Shareholder Rules Out Deal With WPP
Five has renewed its conditional access agreement with BSkyB, ending speculation that other terrestrial broadcasters would follow the BBC’s lead and begin broadcasting unencrypted on digital satellite. Earlier this year the BBC withdrew from the BSkyB service to begin broadcasting to digital viewers from a different satellite, in a move designed to save the Corporation… Continue reading Five Renews Conditional Access Deal With Sky
The Competition Commission has been given an extra two months to investigate the proposed £2.6 billion merger of Carlton and Granada and will now report back to Trade and Industry Secretary Patricia Hewitt on 26 August. The Commission, which was due to have completed its inquiry by the end of this month, says it needs… Continue reading Competition Commission Delays Verdict On ITV Merger
It has been announced that KirchMedia is to be liquidated after creditors were unable to secure a buyer for the insolvent German media group. The company, which once held TV rights to World Cup football and Formula One, has been in limbo since the collapse of the parent Kirch Group in April 2002 (see KirchMedia… Continue reading KirchMedia Goes Into Liquidation
International advertising group WPP has acquired a 30% stake in the Spanish television company Mediapro for an undisclosed sum. Mediapro is based in Barcelona and specialises in television rights and production. It employs 1,000 people and had revenues of €160 million for the year ended December 31 2002. The company has operations in Spain, France,… Continue reading WPP Buys Stake In Spanish TV Firm
