Emap’s new chief executive, Tom Moloney, has dismissed assertions that Emap should divest itself from its business to business magazines, claiming they are the “unpolished jewel in Emap’s crown.”Moloney told the Financial Times: “People label Emap a consumer magazine company but business to business is our strongest business with market leading positions and very high… Continue reading Moloney Gets Back To Business At Emap
In an anticipated move (see Carter Set For Chief Executive Role at Ofcom), Ofcom today formally announced that Stephen Carter is to become its chief executive.It was believed to be a closely fought race between ITC chief-executive Patricia Hodgson and Carter for the role.Following the announcement, Patricia Hodgson commented: “Stephen is an excellent appointment for… Continue reading ITC Pledges Support For New Ofcom Chief
Didier Bellens, chief executive of pan-European broadcaster, RTL Group, yesterday painted a fairly flat picture of the European broadcasting marketing, saying that conditions remain tough and that there is little visibility on future advertising trends.In the trading statement covering the year to 31 December 2002, ahead of the group’s results in March, Bellens also said… Continue reading No ‘Sustained Recovery’ In European Broadcasting Markets, Says RTL
More than 300,000 digital adapters have been sold in the two months since the launch of free-to-air digital terrestrial TV service, Freeview, it was announced today.The figures, compiled from measured data and feedback from retailers and manufacturers, show that sales per week since launch average more than 33,000. Over the same period, almost two million… Continue reading Freeview Shifts 300,000 Adapters In First Two Months
The Bellwether report, issued today by the IPA, has dampened hopes for a recovery with one in four of the UK’s leading companies revising their budgets downwards during the final quarter of 2003. According to the report, total current marketing budgets were revised down for the second consecutive quarter. However, the drop was not as… Continue reading IPA Bellwether Report: Down But Not Out
European Advertising Will Grow Despite Likely Consumer Spending SlipIn a pan-European outlook for 2003, Merrill Lynch analysts say that it is corporate profitability which is now strengthening, whilst consumer confidence looks increasingly under threat.UK Government To Auction Wireless Broadband LicencesThe UK Government is set to auction licences for wireless services that will allow broadband content… Continue reading On MediaTel Insight Today…
The health of the advertising economy is closely related to corporate profitability and consumer spending. A number of industry observers have noted that during the recent advertising downturn, corporate profitability has been the weak factor in the economy, whilst consumer spending has been resilient. However, in a pan-European outlook for 2003, Merrill Lynch analysts say… Continue reading European Advertising Will Grow Despite Likely Consumer Spending Slip
US consumers are expected to spend $14.8 billion online during the first quarter of this year, a marginal increase on the same period in 2002, according to the latest figures from the Yahoo!/ACNielsen Internet Confidence Index. The spending forecast, whilst up 1.4% on Q1 2002, is down by 4.5% on the $15.5 billion spent by… Continue reading US Online Retail Spend To Nudge Up 1.4% In Q1, Finds Survey
The media sector experienced another day of crushing losses on Monday, after a heavy sell-off in the banking and oil sectors. Wall Street provided no respite as it was closed in honour of Martin Luther King’s birthday.Carlton and Granada were seen in focus on news they will be allowing ex-ITV Digital subscribers to keep their… Continue reading Sharewatch
Graham Wallace, the man largely blamed for the recent travails of Cable & Wireless, is to step down following pressure from shareholders. Wallace has been at the telecoms group for five years and became chief executive in February 1999. He was in the forefront of attempts to establish C&W as a leading carrier of internet… Continue reading Beleaguered C&W Chief To Exit The Fray
