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More than 80% of US technology companies are confident that high growth levels for their businesses will continue, according to a Deloitte & Touche survey reported by eMarketer. The report also states that 89% of CEOs said that they are planning to continue to hire new staff into 2002, whilst just 11% say that are… Continue reading US Tech Chiefs Confident In Continued Growth

First half revenues at Scottish Radio Holdings (SRH) have been hit by the substantial downturn in national advertising, the group’s interim financial results showed today. Total group revenues fell by 1%, with the effect felt most strongly at the company’s outdoor division.Earlier in the week SRH agreed to sell its outdoor business, Score Outdoor, to… Continue reading Scottish Radio Profits Hit By National Advertising Dip

First half revenues at Scottish Radio Holdings (SRH) have been hit by the substantial downturn in national advertising, the group’s interim financial results showed today. Total group revenues fell by 1%, with the effect felt most strongly at the company’s outdoor division. Earlier in the week SRH agreed to sell its outdoor business, Score Outdoor,… Continue reading Scottish Radio Profits Hit By National Advertising Dip

JCDecaux Airport has been awarded the advertising contracts for the Gatwick Express and the Stansted Express rail services.The year-long contract covers all internal and external advertising on board all the South East rail-air links managed by Airport Express, including ambient opportunities such as train wraps and headrest advertising.Previously Maiden held the contract for Gatwick Express… Continue reading JCDecaux Airport Awarded Rail Contracts

Yahoo is closing its European auction services and will instead promote those of rival company eBay.The move, which will see Yahoo close five auction sites in the UK and Ireland, France, Germany, Italy and Spain, is part of the company’s plan to focus on its key growth areas and re-deploy revenue to its commerce platform.Yahoo,… Continue reading Yahoo Closes European Auction Sites

The Guardian is revamping its Saturday books and arts coverage with the launch of a new 40-page tabloid section called Review.The section, which replaces the current Saturday Review, launches on 1 June and will feature major literary profiles, book reviews as well as opera, visual arts, classical music and theatre news.The launch issue, which includes… Continue reading The Guardian Revamps Saturday Offering

ITV partners Carlton and Granada performed poorly in yesterday’s media market. The former slipped 0.47% to close at £2.63˝. The latter fared less well with shares dropping 2.91% to finish at £1.25ź, a loss of 3žp on the day before.Chrysalis also had an uninspiring day with stock falling 4.16% to close at £2.65, down 11˝p… Continue reading Sharewatch

Ambient media revenue rose 12% year on year in 2001, to reach £100.8m. Concord’s Ambient Media 2002 report, from which these figures are taken, credit new technologies and improved accountability for taking the sector forward, and predicts that revenues for this year could reach £113.3m.Nigel Mansell, Concord’s managing director, commented: “Ambient reaching £100m is a… Continue reading Ambient Revenue Topped £100m In 2001

The topics of content and distribution were raised on a number of occasions at Tuesday’s Dow Jones’ Fourth Annual European Media and Entertainment Summit. Adam Singer, group chief executive of Telewest was put on the spot regarding his company’s ownership of both, via Telewest and Flextech. Would they be selling Flextech?Singer felt the answer possibly… Continue reading Singer: Telewest Considering Disposal Of Flextech

Oftel has published the new draft regulatory framework for the electronic communications sector, as set out in the Government’s draft Communications Bill (see The Bill In Brief: The Changes To Come).The regulations, which replace the obligations contained in current telecoms licences, are intended provide a more streamlined regime for service providers and set out the… Continue reading Oftel Publishes New Rules For Communications Regulation