FT Revenue Decline Hits Pearson ProfitsIn a trading update released this morning Pearson has revealed that advertising revenue across the Financial Times group has been ‘significantly lower’ for the first four months of this year, compared to 2001.In March, Pearson warned that the ad market would remain flat in 2002 and revealed that profits at… Continue reading FT Revenue Decline Hits Pearson Profits
The Mirror’s M magazine brand is to be extended with the launch of M Celebs in the Sunday Mirror, which will mean four outings a week for the M brand.The 76-page glossy title promises to take an “irreverant” approach to the popular sport of celebrity watching and will be edited by Mel Brodie (pictured), previously… Continue reading Mirror Extends M Brand To Sundays And Celebs
TalkSPORT has secured the Sunday People as the six-figure sponsor of its Saturday afternoon football feature The Inside Story.The sponsorship, which runs for the rest of this football season, throughout the World Cup and into the next football season, will see Sunday People editor, Lee Clayton, appear on The Inside Story each week to provide… Continue reading TalkSPORT Links With Sunday People
The Secretary of State for Culture, Media and Sport, Tessa Jowell, is to make a statement to the House of Commons regarding ITV Digital this morning, following the decision by administrators this week to sell off the business. Details to follow on MediaTel NewsLine as they become available…DCMS: 020 7211 6200 www.culture.gov.ukRecent Relevant stories from… Continue reading Jowell To Make Statement On ITV Digital
The Secretary of State for Culture, Media and Sport, Tessa Jowell, has made a statement to the House of Commons this morning regarding ITV Digital. In it she expressed concern about the plight of businesses, football clubs and employees affected by the situation, but said that her “first concern now is for the subscribers.” She… Continue reading Jowell: Digital TV Is More Than ITV Digital
Sweden leads the way in online shopping across Europe, with 27% of internet users using the web to buy products and services. This compares to 22% of UK users, accordint to figures released this month by Cap Gemini Ernst & Young.
Administrators Confirm ITV Digital SaleIn a statement released this afternoon, the administrators of ITV Digital have confirmed that they are offering the business and assets of the company for sale with immediate effect.They confirmed that they have not been able to secure additional funding “on terms that would enable them to commit to a long-term… Continue reading Administrators Confirm ITV Digital Sale
European countries are overtaking the USA in the race to roll out broadband DSL (digital subscriber line) to homes and businesses, according to data released this month by UK-based Point Topic. DSL is a broadband system of high-speed communications which uses standard phone lines to deliver internet access at speeds ten times faster than a… Continue reading US DSL Growth Starts To Lag Behind Europe
Box Office Success Offsets AOL Time Warner LossesMassive first quarter losses at AOL Time Warner, $54.24 billion or $12.25 a share, were partially offset by gains at Warner Bros thanks to films such as Harry Potter and The Lord Of The Rings, enabling the company to beat analyst projections.The weak online advertising market contributed to… Continue reading Box Office Success Offsets AOL Time Warner Losses
According to New York media analyst Jack Myers, the demand for TV advertising in the 2002/03 season will remain flat with advertisers spending around $10.9 billion on advance purchases, the same as was spent last year. US TV Revenue Forecasts ($ billions) 2001 2002 (F) % Change Total Broadcast 6.93 6.70 -3.3% Total Cable… Continue reading US TV Revenue Forecasts Fall Flat
