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Losses at UK cable operator, Telewest Communications, rose by 13% to £187 million in the first quarter of the year, whilst turnover was flat year on year at £335 million. Despite the increase in losses, the group did managed to become cash-flow positive in the quarter and also achieved record earnings of £105 million, up… Continue reading Telewest Losses Rise 13% In Q1

March did not bring a lot of cheer to the US advertising industry, with results disappointing across most media, according to a round-up by Merrill Lynch. The impact of the war with Iraq has been less than expected, although separate reports are now claiming that the SARS outbreak poses a whole new threat to the… Continue reading March Showed Muted US Advertising Spend, Q2 Looks Better

The number of UK homes with broadband cable internet access has broken the one million mark, according to cable operators NTL and Telewest. More than 12 million homes are currently able to receive cable modem services across the two operators’ networks, but only one million have so far signed up to the service. The companies… Continue reading UK Cable Broadband Tops One Million Households

US business to consumer commerce spending will top $90 billion this year, due to some extent to the surging popularity of broadband, according to a new study from eMarketer. In its new report, North America E-Commerce: B2C & B2B, the research firm claims that spending on B2C products and services will increase by more than… Continue reading B2C Ecommerce Growth Maintained

The ASA received a record 13,959 complaints over non-broadcast advertisements during 2002, according to its Annual Report for 2002.According to the report, complaints increased by 10.8% year on year. An advert for the British Heart Foundation, featuring a woman with a plastic bag over her head, was the most complained about ad of the year.… Continue reading Complaints Against Advertising Reach Record High

Beleaguered advertising group Cordiant continued to fall yesterday (see Cordiant Shares Nose-Dive As Major Client Walks), down a further 30.23%, on concerns it would not be able to publish its figures in time to meet the deadline set by the UK listings authority.Yesterday traders feared the company, which has received preliminary approaches ahead of possible… Continue reading Sharewatch: Cordiant Falls On Fears Of Suspended Trading

ITV is planning to launch a number of new digital channels to tackle its declining power ratio in the digital marketplace.Speaking at the United TV 2003 conference, Granada’s chairman Charles Allen announced its first new digital channel will be named ITV Gold.ITV executives remain tight lipped about the new launch but it is expected to… Continue reading ITV Plans Digital Channel For Re-Runs

The number of UK homes with broadband cable internet access has broken the one million mark, according to cable operators NTL and Telewest.More than 12 million homes are currently able to receive cable modem services across the two operators’ networks, but only one million have so far signed up to the service.The companies claim that… Continue reading UK Cable Broadband Tops One Million Households

Shares in troubled advertising and public relations group, Cordiant Communications, shot up by 53% this morning as the company announced that it has secured an emergency financing package which will provide funds until 15 July 2003.Earlier in the week Cordiant was hit by news of the impending loss of one its major clients, drinks group… Continue reading Cordiant Bounces Back As Short-Term Funding Is Agreed

Channel 4 has secured 02 to sponsor the fourth series of Big Brother, which will start at the end of the month.The new campaign will rely heavily on programme tie-ins and interactivity through MMS, SMS and mobile internet services. There will be a new media messaging facility, which will allow viewers to subscribe to MMS… Continue reading 02 To Sponsor Big Brother With Enhanced Interactivity