US newspaper group Gannett, owners of Newsquest in the UK, have revealed that revenues for the period to 4th November 2001 fell by 9% when compared to the same period last year and said that “results for the period reflect a continued difficult and uncertain domestic advertising environment, further exacerbated by the tragic events of… Continue reading Gannett Sees September Revenues Fall By 9%
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eMarketer reports that online consumer spending in the US will rise by more than 20% to reach $10.7 billion in Q4 2001. eMarketer’s Online Holiday Shopping 2001 report, drawn from a variety of sources and forecast in line with retail projections against the quarterly assessments from the US Department of Commerce, also predicts that 14.1… Continue reading US Online Shopping Boom Forecast For Q4
According to the latest Pew Internet report, 17% of US internet users have been asked to pay for something that used to be free online and 12% of Internet users, more than 13 million people, say a favourite site has gone out of business as a result of the advertising slowdown and subsequent effects on… Continue reading Internet Users Unwilling To Pay For Content, Says Pew
Telewest, which recently rebranded to Telewest Broadband and announced plans to develop an interactive TV service with NTL (see NTL And Telewest To Launch iTV Service), was the best performer in last week’s media market. Stock jumped 47.06% in week on week analysis to finish at 75p, up 24p on the week before.Future Network, which… Continue reading Sharewatch
Blow Up Media has launched the first ever giant sites package in response to growing demand from advertisers wishing to take advantage of the niche medium.The ‘Big City’ campaign covers London’s financial district with four illuminated sites all over 150 metres square. The sites at the Commercial Road, Whitechapel, Great Eastern Street and Farringdon Road… Continue reading BlowUp Launches First Giant Sites Package
ITV and BSkyB have reportedly signed a deal allowing ITV channels to be shown on BSkyB’s digital platform ending a long-running dispute between the two broadcasters.According to a report in a national newspaper today, ITV and BSkyB have reached an agreement that could see ITV channels appear on Sky’s pay-per-view platform “as early as tomorrow.”… Continue reading ITV And Sky In Carriage Deal Rumour
More O’Ferrall has launched an online proof of posting system for billboards, designed to bring greater accountability to the outdoor industry.The Postaweb measurement system aims to provide agencies and advertisers with photographic proof of posting by allowing them access to an online picture library showing the time and date that each of their billboards was… Continue reading More O’Ferrall Unveils Postaweb
Yahoo! is cutting around 400 jobs worldwide as part of a move to restructure the business in the face of the worsening economic climate.The company’s chief executive, Terry Semel, said that the majority of jobs would be cut from the company’s international and broadcasting divisions but emphasised that expansion in key business areas would mean… Continue reading Yahoo! Cuts 400 Jobs Worldwide
Earlier this month, NewsLine columnist Andrew Cresci, vice president of TiVo UK, explained the changes he sees as the technology gains a hold in the UK (see TiVo- Should We Fear Change?). Reader Adrian Figgess sent us this response:I think that the future scenario is far simpler than Andrew suggests, probably with far less interactivity… Continue reading NewsLine Reader Response: TiVo
Telewest was the best performer in yesterday’s media market with shares jumping 29.31% to close at 75p on the back of strong third quarter figures and a bullish view of the last quarter.Capital saw stock rise 5.54% to finish at £8.10 despite a gloomy set of financial results showing a 27% decline in pre-tax profit… Continue reading Sharewatch
