Daily Mail led the media market and the FTSE 100 yesterday with shares rising 6.30% to close at £6.75, an increase of 40p on the previous day. Carlton also performed strongly in yesterday’s media market with stock climbing 3.48% to finish at £2.23, up 7˝p on the day before.At the other end of the scale… Continue reading Sharewatch
Advertising growth will remain ‘muted’ for the next few years and will not show a great return to strength by the end of 2002, as some industry observers have hoped. This is the opinion of media analysts at ABN Amro, who in a report released at the end of last week, state that consumer and… Continue reading Global Media Recovery Will Come Slowly
The over 40s are losing their place in the advertising industry, according to the IPA’s 2001 census, which shows that almost 50% of people that work for advertising agencies are under the age of 30.The report shows that less than 20% of people working within the industry are over 40 and just 6% are over… Continue reading Ad Industry Loses Over 40s
UK internet access continues to rise with 45% of British homes now connected to the internet, an increase of 10% on the same period last year, according to a report published today by Oftel.The report, which measures narrowband dial-up internet access excluding broadband and cable modem services, found that 11 million UK homes are now… Continue reading UK Internet Access Continues To Rise
This year will be a transitional one for the media economy, with continued consolidation of buyers and sellers, developments in technology and an uncertain economy all continuing to play out, according to Jack Myers. Myers says that the major issue facing media businesses in 2002 is the ongoing downturn in the advertising economy. Jack Myers… Continue reading A Transitional Year Ahead For Media, Says Jack Myers
The popularity of logging on to read the news is growing, but with the advertising downturn squeezing revenues the pressure on publishers to turn their online investment into hard cash is growing. Derek Jones, managing director of MediaTel Group, asks: Can news sell online?The question should be passé by now: that it’s not is only… Continue reading Can News Sell Online?
Positive economic growth in the US will return by no later than early Spring and real growth could be reasonably strong by the second half, according Merrill Lynch‘s chief investment officer, Bob Doll. In an investment outlook report for 2002, released this month, Doll forecasts that the full year real term growth in global GDP… Continue reading US Will Lead World’s Economic Recovery, Says Merrill Lynch Chief
BBC Worldwide’s e-commerce portal, Beeb.com, is cutting 40 jobs as part of the restructure that has seen CEO Julian Turner step down after just 18 months in the role.The job cuts come as part of a final phase of restructuring at the e-commerce site, which has been ongoing since Turner joined in September 2000. CEO… Continue reading BBC Website Cuts 50% Of Staff
Last year was a record year for television viewing in France, although advertising revenues finished the year down, according to an annual survey conducted by Syndicat National De La Publicité Télévisée (SNPTV). The report shows that the average adult over 15 years in France watched 3h 29mins per day – 5 minutes more than last… Continue reading French TV Viewing Hits Record Year In 2001
Just under half of all UK households (45%) are now connected to the internet, up from just 30% at the same time last year, according to new figures released by Oftel today. Oftel has described the UK’s dial-up internet access market as ‘competitive’ and offering a wide range of unmetered and metered services available at… Continue reading Almost Of Half Of UK Households Are Now Online
