The Italian advertising market, the only remaining growth market in Europe just a few months ago (see Forecasts and Forecasts), is now showing a continuing downward trend. The latest ACNielsen data, analysed by ABN Amro, show a 7.3% decline in ad revenues during July. The majority of this was felt in the radio and newspaper… Continue reading Once Strong Italian Ad Market Now Shows Downward Trend
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Gavyn Davies, chief economist with Goldman Sachs and former Labour party member, has been confirmed as the new chairman of the BBC.The decision to appoint Davies, who still has strong links with the Labour party, has been heavily criticised by the Conservatives, who have accused the BBC of cronyism.Conservative party chairman, David Davis, spoke out… Continue reading Davies Announced As New BBC Chairman
s share prices continue to tumble at Pearson, both Morgan Stanley Dean Witter and ABN Amro have downgraded their outlooks for the media group. Much of the fall in Pearson’s figures comes from European broadcaster RTL, in which Pearson holds a 22% stake. RTL yesterday reported an interim loss of ₏2.2 billion (see RTL Postpones… Continue reading Pearson Downgraded As FT And RTL Outlooks Deteriorate
Carlton.com was the top online TV advertiser for July, gaining exposure among 942,000 unique individual users throughout the month, the site commanded a 6.7% digital reach of the total UK at home internet audience and averaged 3.5 page impressions per user. Sky.com occupied third position with visits from 747,000 users in July, the site achieved… Continue reading New Media Round-Up
The number of internet advertisements in Great Britain fell slightly month on month for July, by 2.1% from 13,719 to 13,433, according to Lemonad. The number of advertisers and campaigns also declined slightly according to the figures. Since December last year the number of internet ads has declined by 5.4%. There was a peak in… Continue reading Online Advertising Trends From Lemonad
RevenueYear on year analysis showed that, year on year, TV revenue fell across the board during August, with the exception of Satellite revenue which rose by 10%.Total terrestrial TV revenue showed a fall of 9.3% year on year, as the advertising downturn continued to cast gloom over the industry. Channel 5 was the worst hit… Continue reading TV Market Round Up – August 2001
RTL Postpones Float; Results Hit By Ad SlowdownPan-European free-to-air broadcaster, RTL, yesterday released interim financial results in line with expectations, saying that core businesses are ‘performing strongly in difficult advertising market conditions’. Nevertheless, analysts at ABN Amro are expecting to downgrade their full-year 2001 forecasts for the group, given the poor advertising visibility in the… Continue reading RTL Postpones Float; Results Hit By Ad Slowdown
The licences of London News Radio and Galaxy Radio Manchester have been automatically renewed for a further eight years by the Radio Authority, as the broadcasters are or will be providing digital sound programmes for local multiplexes. However, the Greater London licence currently held by London Christian Radio is being re-advertised from this week.London News… Continue reading LBC and Galaxy Get Licence Renewals
Publishing group, Highbury House Communications, has announced that its subsidiary Cumulus Business Media has acquired DMG World Media’s subscription and controlled circulation Power Portfolio of magazines, together with the associated yearbooks. Highbury House will pay 10% of the annual turnover of the titles over the five-year period from 1 September 2001 to 31 August 2006.… Continue reading Highbury House Acquires DMG Power Titles
Cable & Wireless issued its second profits warning in seven months yesterday. The resultant 12% drop in stock value brought the price of shares in the company to a nine-year low of £2.75.The negative mood continued more or less across the board of media stocks, including a 13% drop at SMG and an 11% fall… Continue reading Sharewatch
