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European online retail sales will total E7.6 billion over the festive period, an increase of 86% on last year’s figure, according to Forrester Research. The percentage of European adults who buy online has increased from 14% in 2001 to 19% this year while average annual spend is up from E374 to E527. “Last Christmas, Europeans… Continue reading European Shoppers Set Online Tills Ringing

A new survey from Ipsos-Mediangles has revealed that 20% of French internet users connect to the web via broadband. The study claims that some 2.3 million French households now have broadband access. Of these, 60% use DSL and 40% connect with cable. The average broadband user’s profile is female, in the 15-24 age group and… Continue reading One Fifth Of French Homes Have Broadband

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

Radio advertising levels at Capital Radio are shaping up to be poorer than expected in November, according to an outlook in the group’s results for the year to 30 September 2002. Capital says that October and November are expected to show an 8% decline in advertising levels and whilst October was already known to be… Continue reading Capital Radio Shares Plummet As Profits And Revenues Dip

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