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The slight downgrades in European advertising forecasts (see Forecasts) has led ABN AMRO to downgrade its global forecasts slightly. ABN Global Advertising Forecast Changes    2001  2002    Old (%) New (%) Change (pp) Old (%) New (%) Change (pp) N America -8.2 -8.2 – -2.7 -2.7 – France -4.1 -3.8 0.3 -2.3 -2.2 0.1… Continue reading Global Advertising Forecasts From ABN AMRO

Telewest was one of the best performer in yesterday’s media market. Shares climbed 6.84% to finish at 62˝p as the cable operator benefited from reports that its US rival, NTL, is expected to be taken over by its bankers in the new year.The Office of Fair Trading’s announcement that it expected to find BSkyB guilty… Continue reading Sharewatch

ABN AMRO reports that advertising growth rates in September and October of this year were the worst so far this year. In September, advertising fell by 13% compared to 2001 and October was even worse with revenues dropping 15% on last year. UK Advertising Growth By Media     Oct 2001 (actual)  Q3 2001 (actual)  TV… Continue reading UK Advertising Will Grow In November, says ABN AMRO

BSkyB faces the prospect of being sued by its rivals after the Office of Fair Trading (OFT) said that it believed the satellite operator had behaved in an anti-competitive way and was guilty of abusing its dominance of the digital TV market (see OFT Proposes Ruling Against BSkyB).The OFT is proposing to rule against BSkyB… Continue reading BSkyB Could Face Legal Action From Rivals

Pearson, owner of the Financial Times, has this morning issued its second profits warning in two months. The company said that profits from its education operations could be as much as $51 million lower than expected due to a slowdown in the Latin American market and a fall in corporate training demand at FT Knowledge.Profits… Continue reading Pearson Warns On Profits

The Office of Fair Trading (OFT) has announced that it plans to make a ruling the BSkyB has behaved in an anti-competitive way, infringing on UK competition law. The OFT launched its investigation into BSkyB a year ago and now BSkyB has the opportunity to address the charges levied at it.The main points of the… Continue reading OFT Proposes Ruling Against BSkyB

Pearson, owner of the Financial Times, has this morning issued its second profits warning in two months (see Pearson Warns That FT Profits May Fall By 40%). The company said that profits from its education operations could be as much as $51 million lower than expected due to a slowdown in the Latin American market… Continue reading Pearson Warns On Profits Seeing ‘No Material Recovery’ In Ad Market

3.65 million people in the UK now have cable TV, an increase of 6.5% on the same period last year, according to the ITC’s cable statistics figures for the third quarter of 2001.The figures show that 15% of all UK households now have access to cable TV, which has increased its penetration by 2.1% over… Continue reading Cable TV Uptake Increases 6.5% Year on Year

Excite UK is closing with the loss of all of its 48 staff after failing to find a buyer.The company, which has been looking for additional funding since being cut off by its shareholders, BT and Excite@Home, announced that it will cease normal trading at the end of this week.Announcing the closure, which comes at… Continue reading Excite UK Closes With 48 Redundancies

The text messaging boom slowed in November with the amount of text messages sent during the month remaining static at 1.2 billion, according to the latest figures from the Mobile Data Association (MDA).November’s figure represents an increase of almost 50% on the same period last year, but is largely flat compared with October when over… Continue reading Text Messaging Slows In November