Two UK radio stations were ranked first and second in the world in terms of hours of programming streamed on the web during March. Virgin Radio streamed over 1.2m hours of programming during the month, taking first position in a chart compiled by internet radio audience measurement service Measurecast, while Jazz FM, which ranked first… Continue reading Virgin Radio Tops Net Streaming Table
Online retail sales in the UK fell for a second consecutive month, according to data from the Interactive Media in Retail Group (IMRG), as reported by NUA Internet Surveys. Total online retail sales for February reached £397 million – down 4.4% on January, but showing a slowing rate of decline when compared to the 17%… Continue reading UK Online Sales Slow In February, But Growth Is Ten Times That Of US
The BBC and BSkyB are thought to have been asked by industry regulators to come to the rescue of digital terrestrial television if the beleaguered ITV Digital closes.According to a report in today’s Guardian, the ITC has approached a number of broadcasters including the BBC and BSkyB about ways to maintain Britain’s lead in the… Continue reading BBC And BSkyB May Rescue Digital TV
Wireless communications spending in the US will continue to grow in 2002 reaching $116 billion according to the report 2002 Telecommunications Market Review and Forecast from the US Telecommunications Industry Association (TIA). This represents an increase of 8.5% in 2001 despite the economic slowdown. Consumer spending on wireless services is expected to increase by 20%,… Continue reading US Wireless Communications Spending To Grow 8.5% In 2002, Says TIA
Future Publishing has announced that it is to increase the frequency of its Official Playstation 2 Magazine brand extension, OPSM2: Special Editions to bimonthly, reflecting its faith in the games magazine market (see Future Banks On Games Mag Market Growth).The increase follows the sales success of the title and an agreement with Sony. OPSM2: Special… Continue reading Future Increases Gaming Magazine Frequency
According to reports in this morning’s press, ITV Digital may be closed as soon as next Monday unless Carlton and Granada pledge more money to keep the service afloat. Figures released to the Football League by the High Court, as part of their attempt to recover rights money owed by ITV Digital, supposedly reveal that… Continue reading ITV Digital Could Be Closed By Monday
NTL may avoid forced liquidation (see NTL May Take Temporary Bankruptcy As Refinancing Is Finalised), according to report on FT.com today, which claims that the indebted cable group could sign a deal with its bondholders as early as this week. The paper reports that a debt-for-equity swap with the bondholders is now on the table;… Continue reading NTL Is Close To Refinancing, Says Report
Reed International and Elsevier NV chairman, Morris Tabaksblat, this morning told the Reed Elsevier AGM that trading conditions have changed very little since the group released its financial results in February (see Reed Delivers Strong Results And Reaffirms Growth Expectations For 2002). Tabaksblat reiterated the double-digit earnings and revenue market-outperformance targets for the Anglo-Dutch publishing… Continue reading Little Change In Trading Since February, Says Reed Elsevier
BSkyB saw shares fall yesterday as it looked increasingly unlikely that it would be able to exercise its £1bn put option on Kirch, which has filed for bankruptcy (see Kirch Media Files For Bankruptcy). Stock slipped 2.73% to close at £7.84, down 22p on the day before.Carlton and Granada were also down yesterday as their… Continue reading Sharewatch
IPC titles Woman and Woman’s Own are to be promoted in a joint advertising campaign worth £3m beginning this month, which will include TV and print advertising, sampling and in-store activity. The first airing of the TV advert occurred last night.Following consumer research showing that the two brands are entwined in consumer’s minds, the campaign… Continue reading £3m Ad Campaign For Woman and Woman’s Own
