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In a report released yesterday, Aberdeen Group forecasts that worldwide information technology (IT) spending will reach $1.43 trillion by 2005. The report Worldwide IT Spending 2002-2005: Timing the Recovery forecasts that IT spending growth will be significantly lower than the double-digit rates observed in the late 1990s. “Total IT expenditures in 2001 were flat worldwide,… Continue reading IT Spending Will Reach $1.43 Trillion By 2005, Says Aberdeen Group

Pearson In Exclusive Talks Over FT BusinessPress reports this morning suggest that Pearson has entered into exclusive talks with a management team concerning the buy out of FT Business, the company’s magazines division.The team, led by ex-FT Group chief exec Stephen Hill, is thought to have made the highest bid following Pearson’s decision to sell.… Continue reading Pearson In Exclusive Talks Over FT Business

A quarter of all internet-connected British businesses are planning to adopt a broadband connection within the next 12 months, according to the latest wave of the Business Internet survey, published this month by NOP Business, the specialist business research division of NOP World. High speed drivers Recently announced price reductions in high-speed, broadband services are… Continue reading British Businesses Enticed By High-Speed Net Connections

US cable advertising revenues will increase from $4 billion to $4.5 billion in the 2002/03 season and to $5.5 billion in 2003/04, according to forecasts from Discovery Networks’ sales chief, Bill McGowan, as reported by Jack Myers Report today. McGowan also predicted that basic cable audience share would surpass that of the four leading broadcast… Continue reading US Cable Upfronts Look Stronger, Whilst Network TV Sales Remain Weak

Indebted UK cable company, NTL, this week rejected a $2 billion bid from US company Liberty Media, preferring instead to restructure and refinance with its own bondholders (see NTL Is Close To Refinancing, Says Report). Liberty Media already holds a 25% stake in Telewest Communications, the UK’s second largest cable operator and is known to… Continue reading NTL Merger With Telewest Could Still Make Sense

Indebted UK cable company, NTL, this week rejected a $2 billion bid from US company Liberty Media, preferring instead to restructure and refinance with its own bondholders (see NTL Is Close To Refinancing, Says Report). In exchange for the cash injection, Liberty would have received a 50% stake in NTL. However, NTL’s bondholders are thought… Continue reading NTL Rejects Liberty, But Merger With Telewest Could Still Make Sense

GWR benefited from a review by a broker regarding consolidation, which pushed shares up 26p or over 10% to £2.81. Fellow radio owner Chrysalis also did well yesterday, ending up 22˝p at £2.87˝.With the future of digital TV in the UK still unclear (see BBC And BSkyB May Rescue Digital TV), shares in BSkyB slipped… Continue reading Sharewatch

Press reports this morning suggest that Pearson has entered into exclusive talks with a management team concerning the buy out of FT Business, the company’s magazines division. The team, led by ex-FT Group chief exec Stephen Hill, is thought to have made the highest bid following Pearson’s decision to sell (see Pearson Puts FT Business… Continue reading Pearson In Exclusive Talks Over FT Business

Headline-grabbing shows Footballers’ Wives and Big Brother are set for further appearances on UK screens, following announcements by ITV and Channel 4.The first series of ITV1 drama Footballers’ Wives aired earlier this year, gaining interest from both the public and the press. The series has since been sold around the world to territories including Ireland,… Continue reading Big Brother and Footballers’ Wives To Return

The Observer‘s supplements are the latest titles to join the spate of redesigns occurring across the print industry, by re-jigging its Life and Observer TV magazines.From 21 April, Life will appear in a new size glossy format and be called the Observer Magazine, while Observer TV will be changed to an A5 format and have… Continue reading Observer Revamps Life and TV Listings