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US advertising spend rose by 4.2%, according to new figures from CMR/TNS Media Intelligence. The group says that this growth was stronger than had been expected. CMR/TNS reports that total ad spending for 2002 came in at $117.3 billion, compared to $112.5 billion in 2001. The growth is a result of “a strong second half… Continue reading US Adspend Rises 4.2% In 2002, Finds CMR

Specialist consumer magazine publisher, Future Network, moved into the black during 2002, posting a £10.7 million pre-tax profit, according to this morning’s financial results. This follows a difficult 2001 when the group made a loss of £121.0 million.Future launched 13 new magazines last year and saw advertising revenues rise by 7% and circulation revenues rise… Continue reading Future Network Moves Into Profit In 2002

2002 was a difficult year for internet businesses in the US and a new report from Webmergers claims that little more than $23 billion was spent on acquisitions, a decline of 70% on the previous year. Increased consolidation in the sector ensured that dealmaking remained active with 1,087 internet companies changing hands. This was equivalent… Continue reading Internet Dealmaking Remains Prevalent In 2002

Around 20% of mobile phone users will soon have handsets capable of receiving multi-media messages (MMS), according to a study by Continental Research.The Winter 2003 Mobile Phone Report shows that 4% of mobile phone users already have phones capable of sending and receiving photo-messages, with a further 14% likely to get the feature when they… Continue reading Multi-Media Messaging Shows Potential For Advertisers

Around 20% of mobile phone users will soon have handsets capable of receiving multi-media messages (MMS), according to a study by Continental Research. The Winter 2003 Mobile Phone Report shows that 4% of mobile phone users already have phones capable of sending and receiving photo-messages, with a further 14% likely to get the feature when… Continue reading Multi-Media Messaging Shows Potential For Advertisers

The Government’s plans to relax the media ownership regulations to allow major newspaper groups to buy Channel Five could face defeat in the House of Lords, according to influential Labour peer, David Puttnam. In an interview with the Financial Times, Lord Puttnam warned the Government that up to 60 Labour peers could rebel against the… Continue reading Puttnam Warns Of Defeat Over Channel Five Ownership

Mobile phone sales increased by 14% in the final quarter of 2002 as consumers were attracted to the new generation of handsets, many of which feature colour screens and cameras.Also On MediaTel Insight Today…AAAA Chief Upbeat On Ad OutlookDespite the prospect of war and fears of a double-dip recession, there was a general mood of… Continue reading MediaTel Insight: Worldwide Mobile Sales Up 6% In 2002

Week on week analysis of the media sector reveals that Pearson was the week’s biggest climber, up 4.38%, despite posting a mixed set of financial results (see FT Ad Revenues Drop 24% In 2002, No 2003 Recovery Seen).An the other end of the scale, Carlton was seen down 11.18% week on week, despite continued rumours… Continue reading Sharewatch: Pearson Rises Despite Mixed Results

The research and information company Taylor Nelson Sofres has announced a 12% rise in annual profits and is confident of further growth following a bright start to 2003. The group saw turnover, including joint ventures, increase by 6.2% to £618.9 million in 2002. As a result, TNS has now overtaken the WPP subsidiary Kantar to… Continue reading Taylor Nelson Sofres Achieves ‘Creditable’ Results In 2002

The Government’s plans to relax the media ownership regulations to allow major newspaper groups to buy Channel Five could face defeat in the House of Lords, according to influential Labour peer, David Puttnam.In an interview with the Financial Times, Lord Puttnam warned the Government that up to 60 Labour peers could rebel against the proposals… Continue reading Puttnam Warns Of Defeat Over Channel Five Ownership