More Industry News articles

A number of recent press reports suggest that the deadline for bids on the troubled EMAP USA business may be this week. So far, Hachette Filipacchi, Primedia and American Media have all been put in the frame as potential suitors of the business. EMAP confirmed that it has received a number of approaches for the… Continue reading EMAP USA Bids Expected Soon

Marketing spend is on the increase despite forecasts of a recession within the industry, according to the latest Bellwether Report. Twice as many companies raised their marketing spend than cut them in the first quarter of this year.The report, which is published by the IPA and tracks actual client spending intentions within the economy, reveals… Continue reading Marketing Spend On The Rise, Says Bellwether Report

News and information group Reuters has this morning posted a strong set of financial results that show first quarter revenues rising 17% to £970 million. However, chief executive Peter Job warned that growth in the second quarter would be at a “slightly lower rate”. The group says that good performances at its Reuters Financial and… Continue reading Reuters Stock Falls On Slower Q2 Warning

GWR is to set up a new consumer group to monitor the performance of its flagship station Classic FM. Following the lead of commercial television companies as they move towards self-regulation, the radio group has announced that it too will publish annual performance plans.Speaking at the Radio Academy’s Radio and the City seminar this morning,… Continue reading GWR Sets Up Consumer Group For Classic FM

Media group Vivendi Universal yesterday issued first quarter operating results in line with market expectations, which show that the group is ahead of schedule to meet cost savings of €200 million by the year end. Revenues grew by 10% to €5.9 million and EBITDA more than doubled to €900 million, pushed by a €293 million… Continue reading Vivendi ‘Defensive’ Against Ad Slowdown

Marketing spend is on the increase despite forecasts of a recession within the industry, according to the latest Bellwether Report. Twice as many companies raised their marketing spend than cut them in the first quarter of this year. The report, which is published by the IPA and tracks actual client spending intentions within the economy,… Continue reading Bellwether Report: Marketing Spend On The Rise, Says New IPA Survey

Reuters is due to release first quarter results today, which are expected to show an increase in revenues. However, yesterday it was the worst performer amongst media shares, falling 54p or over 5% to end at £9.75.As more news of the proposed ONdigital revamp emerged (see ONdigital To Announce Revamp, Prebble To Head Up ITV),… Continue reading Sharewatch

Internet advertising in the United States recorded $2.2 billion in revenue for the Q4 2000, bringing total online revenue for the year to $8.2 billion, according to the Interactive Advertising Bureau’s (IAB) Internet Ad Revenue Report conducted by PricewaterhouseCoopers. While the $2.2 billion shows an increase of 9% over the $1.986 billion for the Q3… Continue reading US Online Adspend Hit $8.2 Billion In 2000

In a recent report, the analysts at Ovum claim that the currently unexploited web hosting market is set for a huge boom as companies realise the importance of an online presence and look to hosting companies and ISPs for solutions. “Users are not getting the message about web hosting benefits and are often confused about… Continue reading Web Hosting Will Be Worth $46.9b By 2006, Says Ovum

The Federal Communications Commission in the US has amended its merger rules so that one of the four major television networks can now acquire the smaller, ’emerging’ networks, UPN and WB. The four majors – ABC, CBS, Fox and NBC – could each now take control of one or both of the emerging networks. The… Continue reading FCC Allows Major US TV Networks To Buy ‘Emerging’ Networks