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Trading has deteriorated rather than improved in the second half, contrary to previous expectations, according to advertising and public relations company, Chime Communications. In a trading statement issued this afternoon, Chime said that the second half has has proven to be worse than the first and the full year outcome is now predicted to be… Continue reading Chime Shares Fall 75% As Tough Conditions Cause Banking Breach

The US Federal Communications Commission (FCC) has approved the merger of AT&T Broadband and Comcast Cable Communications, a merger which would create the largest cable television company in the United States. The approval is contingent on the newly-created company disposing of its share in Time Warner Entertainment within five and a half years of the… Continue reading FCC Approves AT&T/Comcast Merger

The merger of Carlton and Granada to form a single ITV would not be detrimental to advertisers, according to the UK’s largest media buying agency Carat. Regulators are expected to scrutinise the proposed £2.6 billion merger (see Carlton/Granada Move Closer To £2.6bn Single ITV Company), following concerns that a combined Carlton and Granada – controlling… Continue reading Carlton And Granada Merger Gets Agency Backing

Forever Broadcasting, the Newcastle-based independent radio company, this morning announced an operating loss of £2.1 million from its five radio stations in the year ended 30 September 2002. Turnover at the group rose by 27% to £3.8 million during the year. Commenting on the results, chairman John Josephs said: “Although the year was more difficult… Continue reading Forever Broadcasting Looks At Management Buy-Out

BSkyB has bought out its three original partners in the British Interactive Broadcasting (BIB) business by issuing shares to the groups and so dissolving the partnership between them and Sky. BT, HSBC and Matsushita were all partners in the BIB venture when it was developed towards the end of the 1990s, but their contract enabled… Continue reading BSkyB Takes Full Control Of Interactive Service

After two years of negative growth, the US online advertising sector is set to undergo a minor revival in 2003, according to new forecasts from eMarketer. It is estimated that total revenue from internet advertising will increase by 5% to $6.7 billion next year. This, say analysts, is a reflection of the stabilising economic situation… Continue reading US Net Advertising On The Up Curve

A new study has revealed that while women are more likely to shop online, men generally spend more on internet purchases, reports BBCi. According to a survey, carried out by Taylor Nelson Sofres for the Bank of Scotland, 22% of female internet users in the UK have bought online, compared with 19% of males. However,… Continue reading Men Are Biggest Online Spenders, Says Survey

Total US magazine advertising revenue increased by 7.5% in October to $1.7 billion, according to the latest data from the Publishers Information Bureau (PIB). The number of advertising pages for October was 22,387, down 0.2% from last year. In the year-to-date, revenue closed at $13.4 billion – an increase of 2.2% – and ad pages… Continue reading ‘Cautious Optimism’ Seen In Improving US Magazine Revenues

Freeview could be facing an uphill struggle to attract audiences with research showing that only 5% of households plan to switch to digital TV in the next twelve months. The latest DART survey from Ipsos-RSL suggests that 47% of adults are unaware of the concept of free-to-view TV. This low awareness extends to the low-cost… Continue reading Freeview Could Face An Uphill Struggle

The ASA has upheld complaints against a Vodafone press ad on the grounds that it could encourage dangerous driving.The ad, which appeared in The Times newspaper’s Play supplement, depicted a partly clothed couple on the bonnet of a car, with the woman straddling the man. The ad stated: “Get the flirting over with before you… Continue reading ASA Upholds Further Complaints Against Vodafone