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According to the recent report Online Teen Spending, 2001, Datamonitor forecasts that by 2005 teenagers will spend up to $10.6 billion online, a rise from $483 2000. The survey looked at teenage spending online in seven EU countries and the US and found that online penetration amongst teenagers was often higher than amongst the population… Continue reading Teenagers Will Spend $10.6 Billion Online In 2005, Says Datamonitor

Granada has announced that Toyota is to sponsor ITV1’s Formula One coverage for the next four years in a deal worth more than £25m.The deal, thought to be one of biggest in UK sports broadcasting to date, will run from March 2002 and includes full broadcast sponsorship of the racing event, online sponsorship of the… Continue reading Toyota To Sponsor ITV1’s F1 Coverage

Market research group Taylor Nelson Sofres (TNS) has this morning reported a strong set of interim financial results, with organic sales rising by 6.7% and pre-tax profit up by 9.1% to £17.1 million. The company said that the strong figures illustrate the ‘relative resilience’ of the market information industry worldwide, which is growing despite the… Continue reading Taylor Nelson Sees Strong Results, Driven By Core Market Research Business

New research reveals that 40% of web surfers will visit a news or information site more often if its pages load faster and advises that companies should worry less about spending lots of money on the latest web design technology, as this will not increase user levels. According to the Jupiter Research Web Enterprise report,… Continue reading Technology For Technology’s Sake Doesn’t Necessarily Build Website Use, Says Jupiter

BSkyB is rumoured to be in talks with Channel 5 about the possibility of acquiring a stake in the company.BSkyB is the latest of a number of potential investors reported to have been in negotiations with Channel 5 after speculation that the channel is seeking new investment.Rupert Murdoch, who has made no secret of desire… Continue reading BSkyB To Buy Into Channel 5?

ITV partners Carlton and Granada saw shares drop significantly in week on week analysis after Zenith downgraded its forecasts, casting a shadow of pessimism over the media market (see Zenith Cuts Ad Forecasts Again). Carlton saw stock slip 19% to finish at £2.54ž, a loss of 59žp on the previous week, while Granada was down… Continue reading Sharewatch

Alex Riha, group commercial director, central sales at Natmags has been promoted to the position of director of international sales development for the publisher’s parent company, Hearst Magazines International.Riha will continue to be based at Natmags in London, where she has been for the last five years, and will undertake the development of multi-country deals… Continue reading Natmags Director Wins Hearst Position

The well-documented fall-out in the internet market has reached Chrysalis as the company today announced that it will be ending all new media investments bar its sports network Rivals.net. The write down to Chrysalis’ accounts for the year will total £9.6 million and this does not include trading losses incurred by the New Media division… Continue reading New Media Write-Offs Cost Chrysalis £9.6m

BSkyB is in discussions with Channel 5 that may lead to the satellite group taking a stake in the terrestrial station, the Sunday Business reported yesterday without naming its sources. C5 is owned 65% by pan-European broadcaster RTL and 35% by United Business Media (UBM). However, UBM has recently disposed of the rest of its… Continue reading BSkyB Interested In C5 Stake According To Reports

Emap’s advertising chief, Tom Toumazis, has quit the company to take up a new role at Walt Disney.Toumazis, who has been advertising chief at Emap since 1999, will join Disney as senior vice-president and managing director of European distribution. He will take on responsibility for marketing and licensing Disney programming.His departure comes at a difficult… Continue reading Emap Ad Chief Leaves For Disney