A merger of the cable firms Telewest and NTL will not take place for at least another year, according to a report in today’s Guardian. The newspaper claims that bondholders want both management teams to achieve operational targets before they provide more funds and support amalgamation. This will come as a surprise to many industry… Continue reading UK Cable Merger Put On Hold
More Industry News articles
Christopher Williamson, Economist at NTC Research, digests the findings of the IPA’s latest Bellwether Report and discusses what lies in-store for the advertising industry over the coming months…Light at the end of the tunnel, green shoots of recovery? Quite what the future currently holds for the advertising industry has perhaps not been more difficult to… Continue reading NewsLine Column: Bringing Home The Bellwether
comScore Networks calculates that US online retail sales totalled $13.3 billion in the last quarter of 2002, a year on year increase of 23%. The figures, reported on eMarketer, do not include travel sales but tally with a survey taken just after Christmas which estimated holiday spending at more than $13.7 billion (see ECommerce Market… Continue reading Holiday Online Sales In Line With Expectations
The media sector has continued to feel the brunt of the plummeting stock market this week, with all but seven of the media companies listed in MediaTelINSIGHT Sharewatch showing falling prices yesterday. UK stocks have been falling for well over a week now as market uncertainties – particularly the spectre of war – cause company… Continue reading Continuing Share Falls Slash Media Company Values
Hachette Filipacchi is to promote the new Adidas ‘Colours’ collection across three of its highest-profile titles, in the first major group advertising deal since its creation last year (see Hachette Buys Attic Futura For £40 Million).The deal, which includes women’s glossy B magazine and teen titles Sugar and ELLEgirl, has been designed specifically for each… Continue reading Hachette Filipacchi Secures First Major Group Ad Deal
Broadband continues to win hearts and minds in the UK with new findings from Oftel revealing that 84% of internet customers are now aware of high-speed services and their merits compared to just over 50% in February 2002. New subscribers to permanent connections were wholly responsible for the increase in internet connectivity during November (see… Continue reading UK Broadband Revolution Gathers Pace
As expected, Deutsche Telekom (DT) looks set to sell its cable assets to a consortium of financial investors for between ₏1.7 billion and ₏2.0 billion. The price range falls slightly short of the ₏2.2 billion that DT had hoped to secure for the six regional cable franchises. The Financial Times today says that the deal… Continue reading Deutsche Telekom To Net
December brought a limited amount of festive cheer to UK terrestrial TV, which saw revenue increase slightly year on year during the month. Channel Five showed the greatest improvement, with revenue rising by 25.5%, followed by Channel 4, which experienced a welcome 9.6% year on year boost. However, things were not so positive for ITV1,… Continue reading TV Market Round-Up – December 2002
Mobile operators are being optimistic if they expect multimedia messaging services (MMS) to be the elixir for the ills of the industry, says a new study by market researchers Datamonitor. The success of short message service (SMS) text messaging has encouraged operators to invest heavily in MMS and it is hoped that mobile data services… Continue reading MMS Study Brings Little Cheer To Operators
A merger of the cable firms Telewest and NTL will not take place for at least another year, according to a report in today’s Guardian.The newspaper claims that bondholders want both management teams to achieve operational targets before they provide more funds and support amalgamation.This will come as a surprise to many industry observers who… Continue reading UK Cable Merger Put On Hold
