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UK television advertising revenue will grow by 4% this year, in a total market up by 4%-5%, according to new forecasts from media audit consultancy, Billetts. A pick-up in spend that began in Q4 2002 is expected to continue into this year and overall growth is forecast to be the same this year as last,… Continue reading UK TV Revenue To Grow 4% In 2003, Says Billetts

Steve Case, the beleaguered chairman of AOL Time Warner, has bowed to increasing pressure and announced his intention to step down in the spring.This development comes on the back of revelations that the world’s largest media company will be forced to take a charge of at least $10 billion as a result of writedowns in… Continue reading AOL Chairman Quits Following Shareholder Unrest

The high costs of technology and ongoing content issues will ensure that video-on-demand (VOD) does not take off in Europe until 2005. That is the conclusion of a new report from Forrester Research as reported on Europemedia. VOD is seen as the next logical progression of the television experience but there has been a bitter… Continue reading European VOD Revolution On Hold, Says Forrester

Trinity Mirror’s chief executive of newspapers, Joe Sinyor, has resigned following the appointment of Sly Bailey as chief executive (see Bailey Leaves IPC To Replace Graf At Trinity Mirror).According to Trinity Mirror, Sinyor is leaving by “mutual consent” after his position became redundant following Bailey’s appointment in October.Sinyor’s position appeared increasingly untenable after he failed… Continue reading Sinyor Resigns From Trinity Mirror

Just under half of UK publishers believe that magazine expenditures will increase in the next year or two, whilst 26% predict that they will decrease to some degree. This is one of the findings of a recent survey conducted by Optima.The most common outlook, shared by 38% of the 156 respondents to the survey, is… Continue reading Magazine Revenue Will Increase In Next Two Years

Emap Performance has appointed Brendan Moffet as brand director of its Big City network of radio stations, replacing Cath Murphy who stepped down last year to start her own business in Manchester.The appointment marks a return to Emap for Moffet, who resigned as brand director of the Magic Network in 1997 to join Sheffield-based interactive… Continue reading New Brand Director For Emap’s Big City

Capital Radio Group has been awarded the digital multiplex service licence for the Sussex coast, which will broadcast stations such as Xfm, Emap’s Kiss and Juice 107.2 to a range of coastal towns in the countyCapital Radio Digital will begin broadcasting from the beginning of next year and will carry a range of different Capital… Continue reading Capital Radio Awarded South Coast Digital Licence

US marketers are bullish on spending plans for 2003, with over two thirds of respondents to the Jack Myers Advertising Confidence survey planning to increase their budgets during the year. A substantial 22.5% of marketers intend to increase budgets by more than 8% this year, whilst 45.0% are planning increases of 1% to 8%. Only… Continue reading US Marketers Confident Of Increasing Budgets In 2003, Finds Myers

Jupiter Projects Healthy Growth For Online Retail MarketUS online retail spending will grow by 28% to $52 billion in 2003 and is on track to surpass $100 billion by 2007, according to forecasts from Jupiter Research.Magazine Revenue Will Increase In Next Two Years, Say Half Of UK PublishersJust under half of UK publishers believe that… Continue reading On MediaTel Insight Today…

US online retail spending will grow by 28% to $52 billion in 2003 and is on track to surpass $100 billion by 2007, according to forecasts from Jupiter Research. It is estimated that 156 million Americans used the web during 2002 and 82 million shopped online. Jupiter predicts that the online population will increase by… Continue reading Jupiter Projects Healthy Growth For Online Retail Market