US internet advertising revenues almost broke the two billion dollar mark during the first quarter of 2000. The news from the Internet Advertising Bureau’s (IAB) Internet Ad Revenue Report that the figure for that period reach $1.953 billion comes less than a year after the $1 billion per quarter mark was reached.Revenues were reported to… Continue reading Quarterly Revenue From US Online Advertising Nears $2 Billion
As rumours of a possible bid for Telewest Communications resurfaced (see Cable Industry Mulls Consolidation As Telewest Stock Tumbles) shares in last week’s worst media share performer rose 10p to £1.70 yesterday.Other good performers yesterday included Chrysalis, which ended up 12½p at £2.90, and Pearson which rose 59p to £19.90.On a less positive note, Cable… Continue reading Sharewatch
Paul Castro believes that blue chip advertisers have been lacking a means to reach an economy worth up to £12 billion. This is what he hopes to redress as managing director of Blackserve.com, a black news and entertainment portal which launches on Friday.“About 18 months ago, when I was at DoubleClick, BA came to us… Continue reading Blackserve Aims For Blue Chip Advertisers With Black Interest Website
A few short weeks ago it seemed that the only way Channel 4 got over 3 million viewers was by screening expensively imported US sitcoms in prime Friday night slots or setting fire to another set in disaster-soap Brookside. Who would have thought that 70 grand in prize money, an East-end lock-up full of cameras… Continue reading Big Brother Is Watching Audience Figures Go Up
The monthly cost of Blueyonder, Telewest’s high speed internet service, has been cut by a third, the company has announced. Launched in March this year, the high speed broadband internet service for home PCs originally cost £50 per month (see Telewest And Flextech Report Losses Ahead Of Merger). It will now cost £33 per month,… Continue reading Telewest Cuts Price Of Internet Service
The Competition Commission is holding a hearing as part of its inquiry into the proposed acquisition of newspaper group Regional Independent Media. Bids put forward by Gannett, Johnston Press and Guardian Media Group will be scrutinised and evidence from interested parties examined.The three groups submitted proposals to the Commission last month (see Competition Commission Invites… Continue reading Competition Commission Holds Hearing As Part Of RIM Inquiry
A report last week showed that Sunday newspapers have enjoyed a 10% increase in total advertising revenue over the past year, with broadsheet Sunday Business increasing from £1.5m to £2.5m, or 61%, and both the Sunday Times and the Sunday Telegraph registering a year on year increase of 16% (see Ad Revenues Up For Sunday… Continue reading Feature: Sunday Newspapers Continue To Prove Fertile Ground For High Income Advertisers
Ecast Ventures, the new media arm of GWR Group, has signed a deal with UBC Media Group who will provide entertainment content for the new internet portal, koko.co.uk. UBC already supplies content to the radio group’s 38 FM and AM radio stations.The new deal involves text, audio and video internet packages for the koko brand,… Continue reading GWR Signs New Media Deal With UBC Media
Flextech managing director Ashley Highfield has been poached by the BBC to direct its new media division. Highfield will take up the new position as a member of the new Executive Committee in the autumn of this year. At Flextech Interactive, he launched 14 new websites and a range of interactive TV services. Deborah Bee,… Continue reading Appointments Brief
The cable industry was under pressure to move towards further consolidation this weekend as Telewest boss Adam Singer hinted that an agreement between his company and rival group NTL may be reached. As a shortage in set-top boxes continues to plague Telewest (see Set-Top Box Shortage Puts Telewest Three Months Behind), the company was surrounded… Continue reading Cable Industry Mulls Consolidation As Telewest Stock Tumbles
