Cordiant saw shares fall 0.63% to close at 78˝p yesterday following speculation that the group will write off as much as £200m when it reports its annual results next month.BSkyB, which announced on Friday that it had gained 218,000 new digital satellite customers in the six months ended 31 December 2001 (see BSkyB Growth Beats… Continue reading Sharewatch
Shares in global news and information provider Reuters have fallen heavily this morning, as the group posted full year profits that were down by 34% and said that the trading environment remains difficult.Huge restructuring and business start-up costs – the Business Transformation Programme – pushed Reuters’ pre-tax profit for the year to 31 December down… Continue reading Reuters Stock Falls As Profits Drop 34%
French outdoor group JCDecaux yesterday reported full year results for 2001 which revealed revenue growth of 8.9%, in line with expectations and ‘comfortably’ ahead of both the outdoor and overall advertising markets which JCDecaux believes fell by 3.5-5% worldwide last year.Street furniture revenues grew by 10% to E798 million for the year, up from E726… Continue reading JCDecaux ‘Comfortably’ Ahead Of Outdoor Market
Emap Performance’s Manchester-based Key 103 has been awarded a new radio licence to operate during the Commonwealth Games in July.The new station, called The Games, will broadcast 24-hours a day on 87.8 FM and, operating on a restricted licence, will provide entertainment guides, event information, traffic news and music.Managing director of Key 103, Tom Hunter,… Continue reading Emap’s Key 103 Goes For Commonwealth Gold
UK cinema saw advertising revenue increase from £128m in 2000 to £164m in 2001, a year on year increase of 28%, according to the Cinema Advertising Association (CAA).The figures show that more advertisers than ever before used cinema during 2001 with 118 brands spending over £100,000 more during 2001 than during 2000. Channel 4 was… Continue reading UK Cinema Sees Record Revenue During 2001
ITV Digital now has 1.26 million subscribers, having added a further 46,000 during the last quarter of 2001. However, the digital TV is continuing to look at ways to reduce costs internally, including through job reductions. Churn – the proportion of people leaving the service – was 24.9% for the three month period. ITV Digital… Continue reading ITV Digital Adds 46,000 Customers In Q4 2001
Oftel has introduced tough new powers to prevent advertisers sending “rip-off” text messages to mobile phone users.The new regulations, which come into effect immediately, will prevent advertisers and mobile service providers charging users “premium rates” for replying to unsolicited text messages. Companies that ignore warnings from the industry watchdog ICSTIS will be disconnected and prevented… Continue reading Oftel Cracks Down On Rip-Off Text Messages
According to a recent report by Gartner Dataquest the Australian PC market has finally rebounded following two quarters of consecutive double-digit negative growth. Year on year growth for the Q4 2001 was 5.9% and the quarter on quarter growth rate, compared to the previous year, also increased by 10.9%. Dataquest analyst, Andy Woo, remained cautious:… Continue reading Australian PC Market Shows Signs Of Recovery
BARB is claiming that the drop in TV viewing attributed to its new ratings system is not as “extreme” as first thought.Last December BARB released figures showing that the overall average hours of viewing for the week of 23 December had dropped by 5% under the new TV ratings system, from around 25 hours per… Continue reading BARB Figures Show TV Viewing Increase
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