More Industry News articles

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

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

As 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 E2.2 billion (see RTL Postpones… Continue reading Pearson Downgraded As FT And RTL Outlooks Deteriorate

Jack Myers, chief economist at Myers Reports, says that last week’s devastating attack on the US could have serious negative short-term affects on the media there, but will most likely have positive long-term implications for several media companies. A few weeks ago Myers published a worse case scenario set of advertising forecasts for 2001, predicting… Continue reading Worse Case Scenario Gets Worse, Says Myers Reports

Over 3.5 million homes across the UK now subscribe to cable TV, an increase of 8.8% on the same period last year, according to the Independent Television Commission’s (ITC) cable statistics report for the second quarter of 2001.According to the figures 15% of UK TV households now have cable TV, which has increased its penetration… Continue reading Over 3.5 Million UK Homes Now Have Cable

The ASA allowed Emap’s Q music magazine to get away with the use of “outdated cliches” in an ad campaign, despite the fact that one complainant failed to appreciate the irony.The posters in the campaign, devised by Mother, were in the style of car maintenance manuals, showing labelled drawings of a limosuine and a van.… Continue reading ASA Lets Off Q

Pan-European free-to-air broadcaster, RTL, has this morning 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 downgraded their full-year 2001 forecasts for the group, given the poor advertising visibility in the European broadcasting sub-sector. Pre-tax loss… Continue reading RTL Postpones Float As Results Are Hit By Ad Slowdown

The UK stock market stabilised yesterday as Wall Street showed signs of recovery, however the UK media market was again shrouded in gloom as fears over the future of the advertising industry increased.Shares in ITV partners, Carlton and Granada tumbled yesterday as analysts again downgraded forecasts in the expectation of a further downturn in advertising… Continue reading Sharewatch

Havas Advertising has once again extended the deadline on its offer to buying agency Tempus. The original 541p-per-share offer made by Havas (see Tempus Shares Soar On Havas Takeover Reports) expired at the beginning of the month (see Havas Moves In On Tempus)and was extended until 17th September. Havas has now extended this deadline to… Continue reading Havas Extends Deadline On Tempus Offer Once Again

According to reports in the national press the BBC is today expected to announce that former Labour party member Gavyn Davies, will replace Sir Christopher Bland as the next chairman of the corporation.Any further developments will be reported on NewsLine.BBC: 020 8743 8000 www.bbc.co.ukSubscribers can access ten years of media news and analysis in the… Continue reading BBC To Announce New Chairman