UK display advertising is set to grow by 1.8% in Q3 this year, after which growth should steadily, if not dramatically, rise. This is according to the latest set of forecasts from the Advertising Association (AA). The figures show increases in quarterly growth throughout 2003, followed by a gentle dip moving into 2004. Throughout the… Continue reading Advertising Association Long-Term And Quarterly UK Ad Forecasts
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The publisher of The Wall Street Journal Europe, Dow Jones, has announced it is to cut a further 230 jobs by the middle of November.In a memo to staff, Peter Kann, the company’s chief executive, cited “the harsh economic climate in which we’re operating” as well as “depressed” global markets for financial services, technology and… Continue reading Advertising Recession Hits Financial Media
New figures from GartnerG2 have established that SMS is now more popular than email and it is claimed that the industry is missing a trick by ploughing so many of its resources into 3G technology. The latest consumer research was presented at the Gartner Symposium/ITxpo in Cannes. In particular, it was found that 62% of… Continue reading Mobile Industry Too Obsessed With 3G, Says GartnerG2
BSkyB’s increasingly dominant position in the UK pay-television market looks all set to strengthen, as this Friday’s first quarter results are forecast to show a net rise in subscribers of 205,000 (see Good Growth Expected In Sky’s Q1 Results). This will take the number of customers to its digital satellite service to 6.3 million. If… Continue reading BSkyB Takes Increasingly Dominant Position In UK Pay-TV Market
Media stocks were seen hovering on Tuesday, as profit takers moved in after Monday’s substantial rally, undermining positive results from key UK companies.Investors are keeping their eyes on the US where there is speculation that the Federal Reserve is set to lower interest rates. Analysts have suggested a similar cut in UK rates remains a… Continue reading Sharewatch
BSkyB is expected to post a 205,000 net subscriber gain in its first quarter results, taking the number of customers for its digital satellite service to 6.3 million, according to Lehman Brothers. The broadcaster had 6.1 million subs as at June this year (see BSkyB Results Beat Expectations With 6.1m Customers Now Signed) and the… Continue reading Good Growth Expected In Sky’s Q1 Results
The Observer is to publish a special one-off travel magazine, with the backing of an advertising campaign from Mother, early in the new year.The sixty-eight page tabloid size glossy colour magazine will be in the same vein as Observer Sport Monthly and Observer Food Monthly. There has already been speculation that the magazine will become… Continue reading Observer Launches New Travel Magazine
Revenues at News International’s UK titles have plunged 50% in the last three months as a result of the high profile tabloid tussle with Trinity Mirror. Figures out today show that The Sun lost more than £20 million in revenues after cutting its cost nationwide in a bid to compete with the Daily Mirror. “Slightly… Continue reading Price War Drives Down News International Income
Revenues at News International’s UK titles have plunged 50% in the last three months as a result of the high profile tabloid tussle with Trinity Mirror.Figures out today show that The Sun lost more than £20 million in revenues after cutting its cost nationwide in a bid to compete with the Daily Mirror.“Slightly higher advertising… Continue reading Price War Drives Down News International Income
The European Commission has cleared the way for RTL Group to complete the acquisition of a 47.3% stake in German news broadcaster n-tv. Back in August, RTL agreed to buy the TV and radio assets of publishing group Georg van Holtzbrinck, including the stake in n-tv, for E170 million (see RTL Acquires German Media Group).… Continue reading RTL Cleared For N-TV Acquisition
