More Industry News articles

The FT reports this morning that the government may soon act to abolish the media ownership laws brought into place in order to prevent Rupert Murdoch from expanding his media empire to include terrestrial TV in the UK. Murdoch, who controls more than 30% of the UK newspaper market with his News International titles, was… Continue reading Government May Relax ‘Murdoch’ Ownership Regulations

WPP has announced the acquisition of US strategic research and polling consultancy Penn, Schoen and Berland Associates, known for its work on Bill Clinton’s successful 1996 re-election campaign. The company had revenues of $31.4 million in 2000 and net assets of $4.3 million as at 31 December 2000. Commenting on the acquisition, Howard Paster, CEO… Continue reading WPP Back On The Acquisition Trail

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%

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