More Industry News articles

Stock in Granada ended yesterday’s trading flat at 167p following the group’s financial results (see Continued Ad Revenue Woe At Granada, But Results Are Top End Of Predictions), but started to fall again this morning over continued worries that there is no visible end to the current advertising downturn. By 10:30am stock was down 6¼p… Continue reading Granada Financial Results – Reaction

April figures from Italy confirm that the advertising recession has now reached the only remaining European market to have been showing growth. An analysis by ABN Amro shows that growth in April was just 1.7%, compared to 6.0% in the first quarter. Techonology and telecommunications adspend halved in the month, mirroring the experiences of the… Continue reading Ad Recession Hits Previously Strong Italian Market

Vivendi Universal is to restructure and cut costs at its French television business, Canal+, according to press and analyst reports. Over 200 jobs are likely to go as Vivendi steers towards hitting its broader target of a 35% EBITDA growth at Canal+. ABN Amro believes that Vivendi will miss this target, given that profits at… Continue reading Vivendi To Cut Jobs And Costs At Canal+

Newspaper sales and press advertising revenues grew in many countries last year, according to the World Association of Newspapers’ (WAN) World Press Trends report. Globally, there are more titles and a higher circulation than ten years ago, says the survey. In countries where there has been a recent decline in sales, this has begun to… Continue reading World Newspaper Sales Increase In Many Countries

New figures from Competitive Media Reporting (CMR) report that ad spend in the US is down 5.2% for Q1 2000 when compared to the same period last year. Total ad spend has dropped from the Q1 2000 total of $23.8 billion to $22.6 billion for the first quarter of this year. Top advertisers such as… Continue reading US Q1 Ad Spend Figures From Competitive Media Reporting

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

The announcement that Sally Oldham has quit Capital and Russell Stuart is leaving GWR has prompted the radio groups to restructure their digital operations.Sally Oldham, Capital’s strategy and development director has quit unexpectedly after only a year in the job. She was responsible for leading expansion in to digital radio, developing new business and finding… Continue reading Capital And GWR Restructure Digital Operations

BSkyB is to offer a new service that allows its digital viewers to send SMS text messages via their TV remote controls or cordless keypads.The messages will be created and sent using Sky Digital’s text service and will cost 25p each. Viewers will be able to send messages whilst watching TV by pressing the text… Continue reading BSkyB Digital Viewers Get The Message

The deal to create digital horseracing and betting channel, Go Racing, could be in jeopardy as the British Horseracing Board (BHB) has so far failed to fulfil a major condition of the arrangement in a move the Go Racing CEO has described as “plainly ludicrous.”Having reached an agreement with the majority of British racecourses (see… Continue reading Go Racing Deal Could Be Halted By Pre-Race Data Problem

John Hardie, commercial director at ITV has unexpectedly quit to take up a position at Walt Disney overseeing the groups TV operations across Europe, Africa and the Middle East. DCMS head of strategy and communications, Paul Bolt, has been appointed director of The Broadcasting Standards Commission. David Wheldon has been promoted to the role of… Continue reading Appointments Brief