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According to eSpending data from Goldman Sachs, Harris Interactive and Nielsen//NetRatings, the average American spent $77 online in the week following Thanksgiving. Average weekly online spending per person has increased steadily since the beginning of November and the number of internet users who bought online increased to 18% percent for the last week in November,… Continue reading US Online Consumer Spending Rises As Holiday Spending Rush Begins

The media communications companies of the recently merged Tempus and WPP (see WPP Will Buy Tempus), CIA and The Media Edge, are to be merged, creating a global group called Mediaedge:CIA.Charles Courtier, currently global CEO of The Media Edge, commented: “The two companies have the same vision and values and we are working towards the… Continue reading CIA And Media Edge To Join Forces

The headline rate of inflation dropped sharply to 0.9% during November from 1.6% in October (see Inflation Rate Continues To Drop During October).The underlying rate of inflation also fell to 1.8% during the month, below the Government’s target rate of 2.5%.The retail prices index for November was 172.2Subscribers can access RPI trends by selecting “Ten… Continue reading Inflation Continues To Fall During November

Regional newspaper publisher Johnston Press has this morning released a pre-close trading update which boasted profits in the ‘top range of market estimates’ and a growth in ad revenue of 1.6%, compared to to the same period 2000. Growth of 3.6% in ad revenue for the period to June 2001, boosted by a 13% rise… Continue reading Johnston Press Bucks Advertising Trend With Positive Growth For 2001

Trinity Mirror saw shares fall 3.31% yesterday to close at £4.08˝ after announcing that advertising revenues dropped 21% last month in the wake of 11 September and were expected to decline further in 2002 (see Trinity Misses Out On Christmas Bonus). This had a knock on effect for Daily Mail, which saw stock drop 7.5%… Continue reading Sharewatch

2001 is nearly over…how was it for you? Jon Wilkins of Naked Communications, takes a literary view of the year just gone, and offers his ideas for the way forward in what could prove a challenging year.2001 – Ghost of Media past 2001 has been a weird old year. This was supposed to be the… Continue reading A Media Christmas Carol

Chrysalis is expanding its digital radio offering with the launch of Heart Digital in Scotland and The Arrow in London.Heart Digital will launch in January on the central Scotland regional multiplex and will broadcast to around 2.75 million listeners in Edinburgh and Glasgow. The Arrow will also launch in the New Year and will broadcast… Continue reading Chrysalis Expands Digital Radio Offering

Early media buying estimates from trade journal Media Week are indicating that ITV’s advertising revenues will be down by more than 20% in January next year. Year on year in September, revenue was down 18.7% and in October it declined 11.9%, according agency estimates compiled by MediaTel.co.uk. ABN Amro says that if the Media Week… Continue reading Early January Buying Indicators Put ITV Revenue Off 20%

Week on week analysis reveals that UBC was the best performer in last week’s media market. Shares jumped 31.53% to finish at 36˝p after the company announced that it was positive about the future, in spite of the uncertain business environment.Carlton, which last week released stronger than forecast full year figures and announced a more… Continue reading Sharewatch

The UK’s largest newspaper publisher, Trinity Mirror, this morning confirmed that advertising conditions have continued to deteriorate since 11 September, with national revenue declines of 10.1% and 20.7% in October and November respectively. The company says that it expects December’s figures to be much the same, losing the company the traditional Christmas boost to ad… Continue reading Trinity Mirror Misses Out On Christmas Bonus