Telewest Communications’ chief executive, Adam Singer, has been abruptly ousted from the cable operator’s Board following what the Financial Times describes as a ‘boardroom coup’. Singer was ‘forced’ to resign by non-executive directors at the company, according to reports.Taking the helm at the heavily indebted cable group is previous finance director, Charles Burdick, who will… Continue reading Telewest Chief Executive Removed In ‘Boardroom Coup’
Radio advertising revenues rose by 23% in the three months to 31 July 2002 at Chrysalis Radio, following a 24% growth during March and April, the company announced in a statement this morning.These figures are considerably higher than second and third quarter forecasts from the Advertising Association (AA) and indicate that Chrysalis is currently outperforming… Continue reading Chrysalis Radio Ad Revenues Outperform Market
China has overtaken Japan to become the world’s second most active web audience, according to e-business intelligence provider, WebSideStory. The world’s most populous country accounted for 6.63% of all global internet traffic in July. Despite technological superiority and a larger number of individual users than China, Japan is now only third in the standings with… Continue reading Chinese Flocking To The Web While US Share Falls
Radio advertising revenue in the UK rose by 2.1% to £139 million in the second quarter of the year, according to new data released by the Radio Advertising Bureau (RAB). This is the second quarter of growth in a row for the radio industry, after Q1 2002 showed a 0.5% rise in advertising spend (see… Continue reading UK Radio Advertising Shows Second Successive Quarter Of Growth
The UK’s predominant pay-TV company, BSkyB has declared its intention to build on its 6.1 million subscriber base and deliver services to every household in the country. Bouyed by yesterday’s announcement of a 20% increase in revenues for the last financial year (see BSkyB Results Beat Expectations With 6.1m Customers Now Signed), Tony Ball, chief… Continue reading BSkyB Sees No Limits In The Race For Subscribers
The advertising market is now showing some signs of improvement, albeit tentative. At the beginning of the month, Doug Flynn, CEO of ad network Aegis, said that the market is improving more quickly than had been predicted just a few months earlier. Flynn is in a good position to call market changes, according to ABN… Continue reading Insight Analysis: Media Healthcheck – July 2002
The fledgling US wireless advertising market will undergo significant expansion in the next few years, according to a new report from Jupiter Research. Whereas European advertisers are predicted to spend $53 million on mobile campaigns in 2002, the North American market remains relatively underdeveloped. Indeed, it is only recently that US companies have had the… Continue reading US Mobile Advertising Ready To Boom
Public wireless local area networks (WLANs) will be used by 20% of 3G business users by 2005, according to a new study from the UMTS Forum. Impact & Opportunity: Public Wireless LANs and 3G Business Revenues reiterates the sentiments of a recent Yankee Group report which claimed that WLAN should be seen as complementing rather… Continue reading WLAN Set To Augment 3G Revenues
An advertisement for Lycos UK’s Viral Charts attracted a number of complaints to the ASA from members of the public who thought it could encourage cruelty to animals.The ad appeared in the Guardian and Metro. It was in the style of a newspaper cutting about a man whose hobby is catapulting squirrels by tempting them… Continue reading Lycos’ Catapulting Squirrels Escape ASA Censure
Radio companies continued to suffer yesterday following reports earlier in the week that a parliamentary committee is set to advise the Government to prohibit non-European investors from buying UK media assets (see Government To Face Opposition Over Media Ownership).GWR fell 1.01% to close at £1.96, a loss of 2p on the day before, whilst SMG… Continue reading Sharewatch
