Following the demise of ITV Digital, Merrill Lynch has downgraded its revenue forecasts for BSkyB. Full year revenue at BSkyB is now expected to come in at around £2,785 million, a decline of 0.4% on previous forecasts. Merrill says that conservative forecasts assume that BSkyB will pick up only 200,000 of ITV Digital’s 1.2 million… Continue reading Merrill Lynch Downgrades BSkyB Forecasts
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The fledgling Out-Of-Home Media Association (OOHMA) has announced the appointment of former POSTAR managing director Richard Holliday as its chairman. The new trade association is planning to publish its full charter at the end of this month.The idea for the OOHMA was conceived in March by ambient media companies Alvern Forecourt Media, Shopfront Media, the… Continue reading Out-Of-Home Media Association Appoints Chairman
Paragon Publishing is extending its portfolio of gaming titles with the launch of an unofficial GameCube tips magazine called Cube Solutions.The bi-monthly title, which has been unveiled today to coincide with tomorrow’s European launch of the Nintendo GameCube console, is aimed at “hardcore gamers” and will focus on tips, gaming solutions and cheats. The magazine… Continue reading Paragon Extends Portfolio With Cube Solutions
IPC Ignite has appointed Andrew Sumner as the new publishing manager of its flagship men’s lifestyle magazine Loaded.Sumner, who takes up the role with immediate effect, joins IPC from Emap Esprit where he was publisher of Slimming and Here’s Health. He replaces Richard Johnstone who was appointed publishing director of Wallpaper* last month.Commenting on the… Continue reading Loaded Gets New Publishing Manager
The number of adverts that were complained about during 2001 increased 17.6% year on year, according to the ASA’s annual report, published today.The report shows that the advertising authority resolved 12,589 complaints about 10,001 ads during 2001, with 866 formal investigations resulting in 651 ads having to be changed or withdrawn.As in the past, the… Continue reading ASA Annual Report Shows Rising Complaints
Megaposter has secured Apple iMac as the first advertiser to use its giant four-faced Clock Tower site in Brighton.The campaign, which runs for the first two weeks of May, consists of four giant banners each measuring 18 metres high by 7 metres wide and is designed to emphasise the 360% turning potential of Apple’s new… Continue reading Megaposter Secures Apple iMac For Brighton Site
Stuart Prebble, chief executive of ITV, has announced his decision to step down.Commenting on his decision, Prebble said: “I came back to the ITV network centre a year ago to try to bring together ITV’s channels and platform businesses. Unfortunately that role is now not available, and this therefore seems like an excellent moment to… Continue reading Prebble Steps Down From ITV
Revenue from internet gaming in the UK is set to reach $361 million by 2006, up from $29 million in 2002 and $72 million this year, according to forecasts from Informa Media Group, released today. The number of Net game players is set to rise from 1.1 million this year to 4.2 million by 2006,… Continue reading UK Internet Gaming Revenue To Hit $361m By 2006
Reports in today’s papers suggest that it could cost Carlton and Granada another £100m to complete the closure ITV Digital. Both companies saw shares fall in yesterday’s market: the former dropping 0.61% to close at £2.46 and the latter slipping 1.94% to finish at £1.26źp, down 2˝p on the day before.Telewest, which is believed to… Continue reading Sharewatch
The UK Government may want the country to be the European leader in the new economy, but it is unlikely to get its way. This is the conclusion of an analysis of Western European internet penetration forecasts by Net Profit, published today. The forecasts, produced by Net Figures, show that the UK will lag behind… Continue reading UK Will Not Lead European Net Growth
