More Industry News articles

According to a research by Gartner Group, Inc. the number of US companies sending out business invoices over the Web will nearly triple by the end of 2002 to 26 percent, up from today’s 9 percent. By the end of 2004, this number is projected to rise to 35 percent. Business to business electronic invoicing… Continue reading B2B Internet Billing will triple by 2002 says Gartner

Broker ABN Amro has this morning downgraded its earnings estimates for United Business Media (UBM) by 10%, ahead of an expected advertising slow-down in the hi-tech publishing market. UBM was created following United News & Media’s (UNM) disposal of its consumer media assets at the end of last year. Part of this disposal included the… Continue reading UBM Could Be Hit By Hi-Tech Ad Slow-Down, Warns ABN Amro

Hannibal, the long-awaited sequel to Silence of the Lambs, broke box-office records when it launched in the UK last weekend. The film grossed £6.4m in its first three days, the highest ever opening weekend for an 18-certificate movie.The previous record for this category was held by Snatch, which grossed £3.18m when it opened in the… Continue reading Hannibal Smashes UK Box Office Records

Future Network is to close or sell twenty of its magazines in an attempt to streamline its portfolio and reduce the company’s debt. The group, which has issued two profits warnings in the last four months (see Future Network Issues Second Profits Warning), warned earlier this year that underperforming titles would have to go, after… Continue reading Future Network Staves Off Further Debt With 20 Magazine Closures

The overall performance of each magazine publishing group in the July – Dec 2000 ABC’s was as follows: IPC, H Bauer, Future, Dennis and Conde Nast all showed overall annual growth in their portfolios over the period, with H Bauer showing the highest growth with a massive 31.2% increase in total circulation year on year.… Continue reading Jul-Dec 2000 ABC’s – Publishers By Performance

Trinity Mirror is believed to be in discussions regarding the sale of its internet service provider, ic24. The regional publishing group is considering a sell-off of the ISP as part of an overall restructuring of the company.According to reports in the Guardian, a sell-off of its magazines and exhibitions division is also a possibility as… Continue reading Trinity Mirror Considers Sale Of ic24

Gaming magazines continue to suffer declining sales according to the latest audit from the ABC, with all but one title in the sector falling in a year on year analysis. Official Dreamcast Magazine from Dennis Publishing was the only title to increase its circulation over the period, adding 3% to its circulation base.The worst performing… Continue reading Gaming Titles Suffer Further Decline

The television listings sector rose for the six-month period to December 2000, according to the latest ABC figures. This was thanks to the performances of Heat and Sky Customer Magazine. Redwood’s Sky Customer Magazine recorded the best performance of any title, with a 212.4% year on year rise in total average net sales.The next best… Continue reading Heat Blazes A Trail Across TV Sector

The best performer amongst media stocks last week was Reuters. Full year results released early in the week (see Collapse In Internet Value Does Not Affect Reuters Strategy, Says Chief Executive) were at the upper end of expectations and resulted in shares ending on Friday up 49p or nearly 5% week on week at £10.71.Analyst… Continue reading Sharewatch

Monday (Subscribers see full item in the Radio features list)Wednesday Advertising group WPP reports final results for the year 2000.