ITV’s advertising revenues are looking set to be up by 6.0% in August, better than Merrill Lynch analysts’ expectations, which had put the growth at 3.0%.Early figures for September show ITV up 0.5% in a strong TV market which will be up by 7.0% to 9.0%. ITV says that it had very few cancellations following… Continue reading Second Half Forecasts Put ITV Revenue Down 1.4% In 2002
It was a lacklustre day for media companies yesterday, with the majority seeing share prices fall. Capital saw the most significant downward movement with stock slipping 7.43% to close at £4.67˝p, a loss of 37˝p on the day before.Pearson also fared poorly yesterday with shares dropping 5.45% to finish at £5.29, down 3˝p on the… Continue reading Sharewatch
Director of the Broadcasting Standards Commission (BSC), Paul Bolt, has reportedly criticised the BBC for showing too many programmes that are “humdrum, over-familiar and formulaic”.In today’s Financial Times, Bolt criticises a number of BBC programmes including police drama, Mersey Beat and hospital series, Holby City, saying: “One begins to wonder what really is the point… Continue reading BSC Director Criticises BBC Programming
Outdoor Advertising revenue for the second quarter of 2002 declined by 1.9% year on year to £173.6m, according to the Outdoor Advertising Association.The results show a steady improvement from the 10.9% year on year drop in first quarter of 2002. Although, overall the figures revealed a 6.2% decline in the first six months of 2002,… Continue reading Outdoor Advertising Association Sees Signs Of Recovery
H Bauer is set to launch a new monthly women’s magazine called “Spirit & Destiny” next month.The saddle-stitched, 132-page magazine will be priced between £2.50 and £3.00 with an initial print run of 250,000. It will focus on new age therapies, astrology alongside the traditional staples of women’s glossies; beauty, fashion and health. The magazine… Continue reading H Bauer Launches New Women’s Monthly Magazine
Unlicensed file sharing services will continue to thrive until record labels allow internet users to download music legitimately, according to a new report from The Yankee Group. Consumers aged 14 and above downloaded 5.16 billion audio files in the US via unlicensed file-sharing services such as KaZaa, Morpheus and LimeWire in 2001. This is set… Continue reading Unlicensed Music Downloads To Peak In 2005, Says Yankee Group
ITV’s advertising revenues are looking set to be up by 6.0% in August, better than Merrill Lynch analysts’ expectations, which had put the growth at 3.0%.Early figures for September show ITV up 0.5% in a strong TV market which will be up by 7.0% to 9.0%. ITV says that it had very few cancellations following… Continue reading Second Half Forecasts Put ITV Revenue Down 1.4% In 2002
The 2002/2003 World Magazine Trends report from FIPP/Zenith Optimedia, to be released next month, offers an assessment and outlook of magazine publishing industries in key markets around the world. Regional summaries are given here. Europe Europe’s magazine ad market fell in 2001, and is likely to fall again in 2002, but overall it should suffer… Continue reading World Magazines Outlook From FIPP/Zenith
AOL Time Warner has admitted for the first time that some of the revenues at its America Online division could have been wrongly attributed. The company said in a statement that three payments totalling $49 million may have been “improperly recognised” as advertising revenue. The transactions took place between the last quarter of 2000 and… Continue reading AOL Identifies Accounting Irregularities
Net loss at News Corp hit $1.7 billion for the fourth quarter, up considerably on the $265 million loss of the same period the previous year; full year loss rose from $45 million to $6.3 billion. Net profit fell by 8.0% to $636 million for the year. Excluding write-downs, revenues increased 10.0% to $15.2 billion.The… Continue reading Write-Downs Hammer News Corp Figures
