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Despite slow short-term growth, the worldwide B2C market is set to be worth £428 billion by 2004 according to new research by eMarketer. Currently, due to the failure of many dotcoms over the past year, B2C commerce accounts for only a small percentage of all retail but eMarketer forecast that this will change after 2002… Continue reading Worldwide B2C Commerce Worth $428 Billion By 2004, Says eMarketer

The row surrounding Channel 4’s controversial satire programme Brass Eye continued today as the broadsheet newspapers weighed in with opinion on satire, taste and the role of the government and regulators in policing the media.The Independent Television Commission (ITC) has confirmed that it has already processed around 700 complaints about the show, which aired on… Continue reading Brass Eye Row Continues

Despite a huge potential market, UK firms lack the capability to exploit the B2B online market, according to a new report by Forrester. Online business could be worth £300 billion by 2005 says Forrester but firms will have to work hard to overcome their current organisational and technological difficulties in order to reap the benefits… Continue reading UK Online B2B Commerce Will Be Worth

Bidding for the four-year ITV news contract closes today and ITN will be challenged for the first time by the Channel 3 News consortium.ITN has provided news on the ITV network for 46 years and will face competition for the contract, which begins in 2003 and is thought to be worth in excess of £150m,… Continue reading Bidding Closes For ITV News Contract

Granada has today completed the acquisition of the Border Television ITV franchise from Capital Radio, the two groups have announced. Granada has paid £50.5 million for the business. Capital Radio acquired Border TV in May 2000, comprising the three Century-branded radio stations and the Border Television ITV franchise. The acquisition enhanced Capital Radio’s strategy of… Continue reading Granada Acquires Border TV From Capital Radio

The slowdown in the US economy and the knock-on effect on IT spending has had understandable repercussions for the rest of the world, being as it is the largest market. However, regions outside of the US and Canada have remained relatively immune to the slump so far and most are still showing growth for 2001.… Continue reading IDC Forecasts IT Spending Recovery In 2002

Emap Performance has closed its rock, rap and lifestyle magazine, Kingsize, after just four issues.The magazine, aimed at the youth market, was launched in March to fill the gap left by the closure of indie music magazine Select, which closed in January after sales dropped (see Launches And Closures: Press).Kingsize, which had a cover price… Continue reading Emap Closes Kingsize

Yesterday’s interim results from Pearson caused the share price to fall heavily during the day, but after the company made some reassuring noises, stock picked up again to close up 49p at 1,087p. During this morning’s trading, however, demand has weakened and the shares were down by 24p at 1,063p by 11:00am. The results showed… Continue reading Pearson Financial Results – Reaction

According to recent report by Oftel, there are now six million more internet households in the UK than there were a year ago. OftelÂ’s residential survey shows that 10 million (40%) of UK households were online in May 2001, an increase of 3.75 million in a year. Source: Oftel, July 2001

Cinema admissions in June reached 9.4m and were up 21% on the same period last year, according to The Cinema Advertising Association (CAA).The box office soared during June with cinema admissions averaging 2.18 million a week. This was largely due to Pearl harbour, which took £10.4m, throughout the month, making it June’s top film. Animated… Continue reading Cinema Reaches For The Sky In June