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AOL Time Warner has said that the effects of the slowing advertising industry and the attack on the US two weeks ago are going to cause the company to miss its financial targets. The announcement is a further major indication of the hard times on which media companies are currently falling. The media giant said… Continue reading AOL Time Warner Gives Financial Warning

The ITC is merging its Advertising & Sponsorship and Programmes groups in a move which anticipates the creation of the new communications regulator, OFCOM, in 2003, which will bring five of the current regulators, including the ITC under one roof.Chief executive Patricia Hodgson said: “Given the likelihood of a single content area within OFCOM, there… Continue reading ITC Merges Content Groups

Two rival venture capital firms, Apax Partners and Cinven, are thought to be in talks to form an alliance in order to acquire the professional publications of Vivendi Universal for around E2 billion (£1.3 billion), according to today’s Financial Times. Apax would effectively be joining a bid already laid on the table by Cinven at… Continue reading Apax May Join Cinven In Vivendi Professional Titles Acquisition

‘Deteriorating Prospects’ For Media SectorThe entire media sector has been substantially downgraded by analysts at ABN Amro, following the attacks on the US on Tuesday 11 September. The broker says that the outlook for advertising has deteriorated ‘significantly’ in the two weeks since the tragedy and there will be a negative short-term effect, particularly for… Continue reading ‘Deteriorating Prospects’ For Media Sector

AOL Time Warner has said that the effects of the slowing advertising industry and the attack on the US two weeks ago are going to cause the company to miss its financial targets. The announcement is a further major indication of the hard times on which media companies are currently falling. The media giant said… Continue reading AOL Time Warner Gives Financial Warning

The deterioration of the US hi-tech advertising market is continuing according to analysts at ABN Amro who have today downgraded their forecasts for United Business Media’s hi-tech publishing group, CMP Media, accordingly. Revenues at CMP are now expected to fall by 23% in 2001, with profits down by a huge 72%. In 2002, revenues are… Continue reading ABN Downgrades CMP Media As Hi-Tech Advertising Continues To Fall

Zenith Slams ITV DigitalZenith Media has launched a damning attack on ITV’s decision to press on with the investment in its digital terrestrial TV service, ITV Digital. According to the MediaGuardian website, the media buying agency – one of ITV’s biggest customers – has said in a report that nothing short of ‘divine intervention’ will… Continue reading Zenith Slams ITV Digital

The deterioration of the US hi-tech advertising market is continuing according to analysts at ABN Amro who have today downgraded their forecasts for United Business Media’s hi-tech publishing group, CMP Media, accordingly. Revenues at CMP are now expected to fall by 23% in 2001, with profits down by a huge 72%. In 2002, revenues are… Continue reading ABN Downgrades CMP Media As Hi-Tech Advertising Continues To Fall

The Daily Mail & General Trust (DMGT) this morning said that advertising revenues at Associated Newspapers had, until the US attacks two weeks ago, been improving on the poor performance of the second quarter. In particular, the Daily Mail‘s important retail advertising has been robust, although the financial and IT sectors have remained weak, the… Continue reading Ad Revenues Stabilising At DMGT, But Hit By US Attacks

Two weeks after the terrorist attacks in the US, the cost of the event to the media in Europe and the US is beginning to be calculated. In general the approach to news coverage of the attacks and aftermath have been well thought of, but there was a high cost in the necessary pulling of… Continue reading Terror Attacks: The Media Costs