Three bidders have been confirmed as potential buyers of the insolvent German media group KirchMedia but Rupert Murdoch’s News Corporation will take no further part in the auction process, according to reports in the German press. A consortium including the investment bank Lehman Brothers, German retailer Rewe and Saudi Prince Al-Waleed is believed to have… Continue reading News Corp Out Of The Running For Kirch, Says Report
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Week on week analysis shows that the best performance in last week’s media market came from BSkyB, which recently announced that it gained 214,000 subscribers in Q4 last year, taking its total to 6.1 million (see Financial Results Released By Trinity And BSkyB). Shares rose 11.23% to close at £5.89˝, an increase of 59˝p on… Continue reading Sharewatch
Global market research company, Ipsos Group, has acquired the assets of ACNielsen’s US-based strategic marketing research and product development consultancy, ACNielsen Vantis. Upon completion of the sale, the company will be known as Ipsos-Novaction & Vantis. Ipsos says that the Vantis suite of marketing products and services complements the product and service portfolio of the… Continue reading Ipsos Acquires US ACNielsen Division
US advertising expenditure increased by 1.4% last month but total expenditure for the first five months of the year was still down on the 2001 level, according to the latest figures from CMR. Adspend in May totalled $902 billion bringing the cumulative total for the year to $4029 billion. This represented a 1.2% fall on… Continue reading CMR Proclaims Healthy Adspend Growth
Reed saw shares rise 3.86% yesterday to close at £5.38 after it announced that it expects to reach full-year targets of above market revenue growth, despite a dip in profits for the first half of 2002 (see Reed Profits Down 3%, But Outlook Remains Promising).BSkyB, which announced earlier in the week that it gained 214,000… Continue reading Sharewatch
Total US magazine advertising revenue for July increased by 8.6% year on year, closing at $1.1 billion, according to the latest data from the Publishers Information Bureau (PIB). Ad pages for July totalled 15,125, up 0.5% from last year. In the calendar year to date, ad revenue closed at $8.8 billion, a decline of 0.3%… Continue reading US Mags Revenue Rise In July Supports ‘Cautious Optimism’
The Periodical Publishers Association (PPA) has asked the Government to categorically support continued independent self-regulation of the internet, amending the Communications Bill accordingly (see Jowell Announces Communications Consultation).The group has proposed that publishers should be differentiated from other broadcasting sectors and continue to operate under the current self regulatory regimes.Safo Kaordestani, of the PPA told… Continue reading PPA Asks Government To Amend Communications Bill
Cable subscription revenues are set to escalate in the next few years, according to a new report by New York-based research firm Allied Business Intelligence. The research predicts that video-on-demand (VOD) will experience annual growth of 79% between now and 2007 and enable US cable revenue to surge from $36.1 billion to $67 billion. ABI… Continue reading US Cable Revenues To Hit $67 Billion By 2007
Andrew Howells, the director of OMD UK’s interactive division, OMDtvi, is leaving the agency less than six months after it launched.Howells, who was previously managing director of BMPtvi, which rebranded as OMDtvi earlier this year, is leaving to launch his own interactive TV consultancy called Andrew Howell Associates.OMDtvi’s head of interactive media, Toby Hack, will… Continue reading Howells Leaves OMDtvi After Less Than Six Months
At the beginning of the year MediaTelINSIGHT took a look at the problems facing the much-touted interactive television (iTV) market (see Insight Analysis: The Struggle For Interactive Television). The analysis highlighted a number of key issues that the sector faces and which, in combination, are responsible for the slow start which iTV has experienced in… Continue reading Insight Analysis: Interactive TV Outlook – August 02
