More Industry News articles

WPP has announced that its offer for Tempus has been extended to midnight on 12 November 2001. WPP is currently awaiting the details of the Takeover Panel’s decision not to allow it to withdraw its offer (see Takeover Panel Rejects WPP Appeal) before deciding whether or not to continue with the appeal process.

A period of advertising spend decline should not be justification for investors to turn their backs on healthy, major media companies, according to Jack Myers, chief economist of Myers Reports. Reiterating a point that he has stressed a few times recently (see Forecasts), Myers today called for investors to recognise the ongoing value of major… Continue reading Media Industry Is Experiencing Loss Of ‘Dead Weight’ Not Inherent Value, Says Myers

Yesterday, Gartner forecast that by the end of 2001, 32 million Americans will view credit card and other statements online, a 60% increase on the 20 million who did so at the end of 2000. Almost 27 million of these consumers will view credit card accounts online and Gartner expects the number of consumers viewing… Continue reading Increase In Online Billing Boosted By Anthrax Terror, Says Gartner

US newspaper publishing groups could benefit from a substantial fall in newsprint costs in 2002, with a knock-on effect possible for European publishers, according to analysts at ABN Amro. The broker forecasts that print prices may fall by double-digits next year, although advertising visibility remains limited. A decline in newsprint costs would significantly help the… Continue reading European Newspaper Groups Could Benefit From Fall In US Newsprint Costs

Consumers’ first reaction is to reject mobile phone advertising, unless it is of some specific use to them, according to Mobile Advertising: Not as Bad as You Think – a report from Cahners In-Stat originally published in July 2001. The study found that 64% of Cahners’ Wireless Internet Panel (WIP) respondents are not enamoured with… Continue reading Mobile Advertising Growth Contingent On Consumer Benefit, Finds Cahners In-Stat

BSkyB, which released its third quarter results on Friday showing a 24% increase in revenues and net subscriber growth of 190,000 (see Sky Reports Revenue Increases), saw stock rise 0.51% in week on week analysis. Shares closed at £7.94, an increase of 4p on the previous week.Telewest, which has rebranded as Telewest Broadband (see Telewest… Continue reading Sharewatch

The Government has reportedly shelved plans to pay for millions of people to switch to digital TV fuelling speculation that the current 2006-2010 deadline for the digital switchover will not be met.A report in today’s Financial Times claims that a scheme enabling millions of UK households to go digital was abandoned by the Government last… Continue reading Digital Deadline May Be Threatened

Telewest and its regional subsidiaries are rebranding as Telewest Broadband in a move intended to strengthen the company’s position in the UK broadband market.The rebranding includes Yorkshire Cable, Cable London and Cable Birmingham, which will be united under a new corporate logo designed to represent Telewest’s combined telephone, internet and broadband services.Managing director of Telewest’s… Continue reading Telewest Announces Rebrand

RAJAR has announced the extension of its contract with research contractor Ipsos-RSL for a further two years from January 1, 2003, and revealed progress in its plans for an electronic data collection method.Jane O’Hara, managing director of RAJAR, which released third quarter radio listening figures last month (see BBC Retains Lead In RAJAR Results), explained:… Continue reading RAJAR Renews Ipsos-RSL Contract

The Advertising Association has backed proposals to deregulate the advertising of gambling products. The recommendation to lift the remaining bans and restrictions on advertising gambling products and premises formed part of the Gambling Review Report, published by the Gambling Review Body. However, the AA has voiced its opposition to the proposal that advertising regulation for… Continue reading AA Backs Gambling Ad Deregulation