More Industry News articles

According to the latest figures from Jupiter, over 33 million people in the UK used the internet between April and June of this year. The home PC remained the most popular means of access but it was games consoles and set top boxes which have seen the greatest increase in usage. WAP phones are not… Continue reading 60% Of UK Now Online

US newspaper advertising revenues for the second quarter of 2001 totalled $11.1 billion, a decline of 8.4% year on year, according to preliminary estimates from the Newspaper Association of America (NAA). This compares US newspaper’s highest Q2 growth ever last year of 6.8%. Retail advertising showed the smallest decline in the second quarter, off 2.2%… Continue reading US Newspaper Revenues Down 6.5% In First Half

Recent months have seen increased consolidation with the media market as the increasing trend towards globalisation leads to one independent after another being snapped up by the ‘big boys’ of the industry. The name in the frame for the past month has been Tempus, which seemed likely to be bought by French advertising agency Havas… Continue reading Insight Analysis: The Media Agency Landscape, Consolidation And Globalisation

The interest surrounding Tempus at the moment (see WPP Bid Could Prompt Further Consolidation) benefited Cordiant shares, which rose 3p to £1.76. WPP, on the other hand, thought to be the interested purchaser, slipped 2½p to £6.84½.There were few climbers among the media companies on yesterday’s market. One was Granada, part owner of ITV Digital,… Continue reading Sharewatch

Online directory firm Scoot.com has agreed to sell Loot, its classified advertising business, to the owners of the Daily Mail newspaper for £45m.The deal comes at a vital time for the company, which has said it only has “sufficient working capital” to trade until the beginning of October this year.As well as buying Scoot’s businesses… Continue reading Scoot.com Sells Loot

The figures listed in NewsLine’s ABC reports are those reported by the Audit Bureau of Circulations (ABC) as at Thursday 16 August 2001. Late submissions and changes may be made after this date, and will thereafter be amended in MediaTel’s Press database. For full notes on how NewsLine’s reports are compiled please see Important Notes:… Continue reading Women’s Weeklies See Difficult Period

Recent months have seen increased consolidation with the media market as the increasing trend towards globalisation leads to one independent after another being snapped up by the ‘big boys’ of the industry. The name in the frame for the past month has been Tempus, which seemed likely to be bought by French advertising agency Havas… Continue reading The Media Agency Landscape, Consolidation And Globalisation

Following speculation yesterday that WPP is poised to make a counter-bid for media buying agency Tempus, less than a month after Havas made their offer (see Tempus Shares Soar On Havas Takeover Reports), analysts at ABN AMRO forecast that increased interest in buying into media buying may indicate a pattern for future media consolidation. Should… Continue reading WPP Bid Could Prompt Further Consolidation

New research by Ovum suggests that in the wireless communications market, companies which charge for content will be the long-term winners. Spending on content which is then offered free to users will be unsustainable in the long term and will rely on revenues from transactions, marketing and – neither of which are are likely to… Continue reading Winners In Wireless Will Charge For Content

WPP, which is rumoured to be making a counter bid against Havas for Tempus Media (see WPP Poised To Make Counter Bid For Tempus), saw shares fall 2.14% yesterday to finish at £6.87, a loss of 15p on the previous day.Cordiant, which released its interim results on Monday (see Cordiant To Cut More Jobs), continued… Continue reading Sharewatch