After announcing a pre-tax loss of £69m in its interim results yesterday (see Continued Ad Revenue Woe At Granada, But Results Are Top End Of Predictions), shares in Granada remained stable, holding at £1.67.The boat continued to rock for Bright Station with shares plunging 17.2% to close at 7¼p, with a loss of 1½p. This… Continue reading Sharewatch
According to latest figures from internet monitering company NetValue, low income earners (those earning under £600 a month) make up the largest group of net users, 26.9%. “The Internet is not reserved for a rich elite”, NetValue’s Alki Manias said. “These figures show that the web is being welcomed by low income earners. Online businesses… Continue reading Low Income Users Are Largest Group Online
UK advertising and PR group, Chime Communications, this morning said it is positive about the outcome for the first half of the year, despite less ‘buoyant’ market conditions. Lord Bell, chairman of Chime Communications, told the company’s AGM that pressure to reduce costs has been increased and that the group’s services have been widened internationally.… Continue reading Chime Communications Sees Positive First Half
Leading media analysts at ABN Amro have downgraded their global ad forecasts following a “weaker than expected start to 2001”. Estimates for global advertising growth, which had previously stood at 3.4%, have now been reduced to just 1.3%. Amro cites weaknesses in the telecoms and technology markets, shifts in media mix by FMCG companies and… Continue reading ABN Amro Downgrades Global Ad Forecasts
It seems that hopes of an advertising recovery in the second half are rapidly diminishing. ITV giant Granada this morning admitted it could see no end to the downturn (see Continued Ad Revenue Woe At Granada, But Results Are Top End Of Predictions), echoing comments made by Carlton Communications a few weeks ago (see Carlton… Continue reading Insight Analysis: Ad Downturn Could Get Worse Before It Gets Better
Channel 5 has announced that it will move its main evening news bulletin to 7.30pm and introduce a new bulletin at 5.30pm. The extra bulletin allows the channel to sidestep an ITC decision stating that news must be shown during peak time.The new bulletins, which will begin on 16 July, mean that the channel will… Continue reading Channel 5 Sidesteps ITC Decision With New 5.30pm News Bulletin
A quick flick through recent news from the consumer magazine industry could well lead an impartial reader to the conclusion that many of the markets are simply full-up. Saturated with a broad range of established and popular titles, both the women’s glossies and the men’s lifestyle sectors seem unable to sustain any new entrants. It’s… Continue reading Insight Analysis: Has The Consumer Magazine Industry Reached Saturation Point?
Media news and information group, MediaTel, have launched a new online intelligence resource, which provides analysis of the latest advertising market trends and forecasts for the media market.MediaTel Insight is the first media forecast, ownership and business news service of its kind. It brings together the latest UK city news and UK ownership details, collates… Continue reading MediaTel Group Offers New Insight Into The Media Market
In a frenzy of activity the telecoms market has demonstrated its instability this week as the most successful handset manufacturer issued a profits warning and debt-laden BT announced a 10 year deal with Deutsche Telekom to build the next generation in mobile communications, the 3G network. Nokia surprised market analysts with a warning that profits… Continue reading Insight Analysis: Nokia Issues Profits Warning As BT Builds For The Future
The latest figures from the Office of National Statistics show that the underlying rate of inflation bucked the recent downward trend during May, jumping to 2.4% due to rising food prices.Although still below the government’s target of 2.5% this has surprised the market after the preceding months showed consistently low growth in inflation. The headline… Continue reading Underlying Inflation Rate Shows Increase Due To Rising Food Prices
