More Industry News articles

Europeans will spend E4.5 billion via the internet in the two month run-up to Christmas a rise of 55% year on year. This is according to European Holiday Shopping 2002, a new report from Jupiter Research. The report says that the number of online shoppers in Europe is growing at a much faster rate than… Continue reading European Online Sales To Rise 55% This Christmas, Says Jupiter

Total revenue among leading US internet publishers grew by an average of 47% in the third quarter as against the same period in 2001, according to a recent study by the Online Publishers Association (OPA). A survey of eighteen major online publishers, including New York Times Digital, Wall Street Journal Online and USATODAY.com, also showed… Continue reading Web Publishers Buoyed By 3Q Revenue Increase

Notions that cable modems are set to eclipse DSL as the primary broadband internet connection platform are misplaced, according to a new report from In-Stat/MDR, which says that DSL has now surpassed cable on a worldwide basis. By Q2 2002, DSL commanded 10 million subscribers more than cable and In-Stat forecasts that DSL will be… Continue reading DSL Outstrips Cable Worldwide

EMAP has this morning posted a strong set of first half financial results, which show pre-tax profit before exceptional items up by 23% to £86 million during the six months to 30 September 2002; operating profit rose by 23% to £95 million. The results are slightly stronger than analysts’ expectations and come during tough market… Continue reading EMAP Shows Good Results In Improving Markets

Music sales via the internet, previously hailed as a key growth sector, have been exaggerated and will not prove to be the industry’s long-term saviour, according to a new report from Informa Media Group The Global Music Industry: Facts And Forecasts predicts that the value of global online sales will remain almost unchanged in 2002.… Continue reading Internet Music Sales Are Not Industry’s Saviour, Says Informa

UK commercial revenue growth for the third quarter has beaten analysts’ expectations by turning in a 3.2% year on year growth to £140 million, according to the latest figures released by the Radio Advertising Bureau (RAB) this morning. In September, analysts at Merrill Lynch forecast that Q3 would be down by 5.0%, following two quarters… Continue reading UK Radio Beats Revenue Forecasts In Third Quarter

A new survey has provided further evidence of the mobile phone phenomenon with findings showing that men now spend more time on the phone than women. The Guardian/ICM poll revealed that 72% of UK men now have mobile phones and on an average workday, they spend 66 minutes using a fixed-line phone or mobile. This… Continue reading Survey Reveals Sea Change In Mobile Habits

Week on week analysis reveals a solid performance for the media sector, which followed the broader London equity market upwards after the US Federal Reserve cut interest rates.On the corporate news front, Cable & Wireless was seen in focus as it prepares to announce a one-off charge of up to £1 billion linked to the… Continue reading Sharewatch

Channel Five is launching a new six-part series which gives viewers the chance to become a Formula One driver.The series, which is a cross between Pop Idol and Top Gear, will see Jenson Button whittle down 1,000 contestants over six rounds designed to test all the skills required of an Formula One driver.The winner will… Continue reading Five Boosts Entertainment Output With Formula One Show

ITV’s outgoing director of programmes, David Liddiment, has admitted that he should never have reinstated the News At Ten.Liddiment, who leaves his job at the end of the year (see Speaking almost two years after the News At Ten was moved back into ITV’s schedules for part of the week (see He described the move… Continue reading Liddiment Regrets News At Ten Move