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Further weakening in the European economy could have a major impact on the demand for IT products and services over the next three years, according to IDC. The worsening outlook for the Western European economy suggests that the tech slump currently impacting on the US market may spread to Europe. Globally, IDC forecast that IT… Continue reading Worsening European Economy Could Wipe $150 Billion from IT Market, Says IDC

UK regional newspaper group, Johnston Press, has paid Trinity Mirror £16m for eight free weekly newspapers and their related editions.The titles include the Peterborough Herald & Post, the Northampton Herald & Post, the Derby Trader and five other free newspapers which circulate in and around those areas. The titles will be incorporated into the North,… Continue reading Johnston Press Gains Eight New Weekly Titles

According to the Wall Street Journal’s semi-annual forecasting survey, many economists now predict that the US economy will begin to show signs of recovery by the end of this year despite the current trend for corporate dolor. In Q1 2001, the economy managed only 1.2% growth, the panel of forecasters consulted by the WSJ predict… Continue reading There Is Light At The End Of The Economic Tunnel, Says WSJ

Low demand from advertisers is preventing the widespread adoption of auditing for the online media industry, according to a recent survey carried out by The Periodical Publishers Association interactive division (PPAi).The majority of those questioned felt that demand from advertisers will be the driving force behind the speed of adoption and blamed the current lack… Continue reading Advertiser Apathy Halting Internet Audit

In a pre-emptive move, the Australian government has banned internet gambling, an enterprise which has proved lucrative elsewhere (see Forecasts) but one which had not yet taken off in Australia. The general proliferation of gambling in Australia so worried the government that it took the measures in order to avoid an ‘epidemic’ of at-home gambling.… Continue reading Australian Government Outlaws Online Gambling

GlaxoSmithKline (GSK) has announced that it is to introduce a performance related payment scheme across its global creative agency roster.Agencies that will be affected by the scheme include; Dentsu, Grey Worldwide, J Walter Thompson, Jordan McGrath, McCann-Erikson Worldwide, Ogilvy & Mather Worldwide and Publicis. A number of smaller agencies will also be affected.According to ABN… Continue reading Glaxo Brings In Performance Related Pay For Agencies

A new report by eMarketer reveals that although the economic slowdown in the US has slowed technology spending, many businesses have begun to use some form of online trading as part of normal practice. The most common of these is purchasing online via a supplier’s website although other areas of online B2B trading are developing.… Continue reading B2B Trading Boosted By Technology Slump

The latest quarterly cable statistics from the Independent Television Commission (ITC) show that cable TV penetration has risen by 2.1 percentage points year on year to 28.5% of homes passed and marketed. Cable TV take-up rate has increased by 10.1% in the same period, with 3.6m or 15% of TV households subscribing.The ITC figures also… Continue reading Penetration Rate Not Matched By Revenue For Cable TV

In a recent survey, gartner found that 42% of US business users check their email whilst on holiday and 23% check at some point during the weekend. During the working day, users check their mail at least 6 times a day and spend an average of 49 minutes dealing with email, this appears to be… Continue reading Warning: Email Can Seriously Damage Your Holiday

VNU Business Publications has confirmed that it is closing its home computer title PC Direct.Managing Director, Brin Bucknor, explained: “The market had reached a point where the magazine was no longer being supported and rather than fail to meet consumer and advertising needs we decided to close the title.”Bucknor said that the relaunch last year… Continue reading VNU To Close PC Direct