More Industry News articles

Pearson, owner of the Financial Times, this morning posted a slight profit for the six months ended 30 June 2002, with cost management at its business newspapers mitigating against the continued advertising downturn. Pre-tax profit for the period came in at £26.0 million, up from a loss of £28.0 million for the same period in… Continue reading ‘Prolonged And Deep’ Ad Recession At FT Group Hits Pearson

It was a poor week for media companies with the instability of the US markets filtering through to the FTSE. Week on week analysis shows that BSkyB, which is due to release its year-end results this week, was among the worst media performers, with shares falling 8.3% week on week to close at £5.43˝p.Carlton and… Continue reading Sharewatch

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The Netherlands has the strongest advertising market growth of the main western European nations and is the only country expected to show a positive growth this year, according to the latest forecasts from Zenith Media. The Netherlands showed the lowest decline in ad growth in 2001, at -2.3%, and is set to outperform the other… Continue reading European Ad Forecasts From Zenith Media

The US cinema box office will see sales of over $10 billion by 2006, with the popularity of cinema-going as a leisure activity continuing unabated, according to a new report from cinema analysts Dodona Research. The US’ box office ticket sales have grown at an average of 5% per year, says the report. This trend… Continue reading US Cinema Sales To Hit $10bn By 2006, Profitability To Increase

US interactive/ecommerce revenues will rise by 15% to $36 billion this year, according to a new study from the Direct Marketing Association. Revenues increased by just $3.4 billion during 2001 but the DMA is now predicting strong sustained growth for the coming years. The financial services industry and transportation services have contributed most to the… Continue reading US Interactive/Ecommerce Revenues Set To Grow

Radio owner GWR Group has welcomed the appointment of Lord Currie as chairman of Ofcom. The appointment was announced yesterday and was expected to be welcomed by the industry, despite concerns of cronyism put forward by members of the Opposition (see Lord Currie To Chair New Communications Regulator).Ralph Bernard, executive chairman of GWR, said: “As… Continue reading GWR Group Welcomes Currie Appointment

The US media conglomerate, Clear Channel Communications has announced net income of $238 million for the second quarter of 2002. This contrasts with the loss of $237 million recorded twelve months earlier although the apparent upturn is due largely to a change in accounting practices. Under the new system, Clear Channel would have posted income… Continue reading Radio Revival Boosts Clear Channel Profits

Emap Elan has announced that Sharon Parsons is to take over the editorship of Period Living & Traditional Homes, ahead of the January to June 2002 ABC consumer magazine figures coming out next month.Parsons has been working freelance recently, but was previously editor of IPC’s Homes & Ideas, which closed last year as part of… Continue reading New Editor For Period Living & Traditional Homes

60% of adults prefer to see giant advertising wraps on city centre buildings undergoing construction than bare scaffolding, according to research commissioned by Mega Profile.The research, which is being used by the giant-poster contractor to persuade local governments of the benefits of advertising on building wraps, shows that 65% of consumers find giant posters “eye… Continue reading Mega Profile Uses Research To Promote Giant Ad Wraps