Look out for NewsLine’s end of year news round-ups on Magazines and Radio tomorrow, followed by New Media and Ambient/Outdoor on Friday and, when we return on 2 January 2002, Cinema and a media financial round-up from MediaTel Insight.JanuaryOwner of the Express newspaper group, Richard Desmond, began the year by putting his soft porn interests… Continue reading End Of Year News Round-Up: Newspapers
The number of UK households with broadband access will treble during 2002 and by the end of the year 50% of British homes will have access to digital TV, according to Jupiter MMXI.The latest predictions from the internet research and analysis company suggest that in 2002 the internet market will be dominated by developments in… Continue reading Broadband And Digital TV Will Dominate In 2002
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
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
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
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
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
In a report published this morning, ABN AMRO released downgraded advertising forecasts for the European and Global markets saying that no recovery was yet evident. Q3 advertising growth in Europe fell slightly more than ABN was expecting, 7.6% against ABN’s forecast of 7.5%. This was largely due to a greater than anticipated drop in the… Continue reading No Upturn In European Advertising, Says ABN AMRO
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
