More Media Business articles

Online retailers are set for another record Christmas, according to a newly released forecast from Verdict Research. Verdict expects the value of goods bought online in the fourth quarter to rise by 35% to reach £3.4 billion or 4.5% of all Christmas spending. It says that high street retailers recognise that a growing number of… Continue reading Online Purchases To Grow By 35% In Q4

Worldwide social network ad spending will be $1.1 billion in 2007, up from $445 million in 2006, and spending is expected to rise to $2.8 billion in 2010, according to a new report from eMarketer. Meanwhile, US advertising spending on social networking sites is expected to reach $2.15 billion in 2010. The report says that… Continue reading Social Network Adspend To Reach $2.8 Billion

The market for mobile communities and user generated content (UGC) will be worth $13.2 billion by 2011, with photo and chat based services being the top revenue generators, according to a new report from Informa Telecoms and Media and strategic partner, the Mobile Entertainment Forum (MEF). MEF says that chat services currently represent the largest… Continue reading Mobile Communities And UGC To Be Worth $13.2 Billion

BSkyB’s total revenues grew to £1,071 million, an 11% increase compared to the three months ended 30 September 2005. Total operating costs increased by £140 million to £891 million, generating operating profit of £180 million. Sky says that this result is after the inclusion of operating losses from the consolidation of the Easynet and Residential… Continue reading BSkyB Revenues Grow 11%

Catalogues play an important role in driving customers to websites and maintain loyalty through low cost online channels, according to new research from Royal Mail.The research, which takes in UK internet users, said that over 70% stated that they were that they were likely to go to the website after reading the catalogue.In addition, the… Continue reading Catalogues Drive Customers To Websites

Andy Duncan, head of Channel 4, is back in the running for the ITV chief executive role, with reports claiming that a decision will be made next week. Duncan ruled himself out of the race to succeed Charles Allen in August, although reports in the trade press now say that he is one of the… Continue reading Andy Duncan Back In Frame For ITV Top Job

One in six households in the US now has at least one high definition capable television (HDTV), a quick increase from about one out of every fourteen households just two years ago, according to new research from Leichtman Research Group (LGR). LGR’s research reveals that the mean annual household income of HDTV households is 42%… Continue reading One In Six US Households Has HDTV

Radio group Chrysalis saw its profits rise from £2.5 million to £5.8 million in the year up to 31 August 2006. The group’s yearly results also showed that it outperformed the radio market with flat like-for-like revenues versus a market decline of 4%. Chrysalis’ success has been fuelled by the strong performance of its Heart… Continue reading Chrysalis Records Profits Rise

Pearson, publisher of the Financial Times, has announced that it is on track to produce record profits for the year. The group recorded underlying operating profit up 15% for the first nine months of the year and sales up 5%, whilst total sales for the nine months to September 30 were up by 11% and… Continue reading Pearson On Track To Deliver Record Profits This Year

The UK economy is set to grow at or just above 2.5% per annum both this year and next, according to the latest forecast from the National Institute of Economic and Social Research (NIESR). The NIESR says that assuming interest rates are raised to 5% per annum in November and 5.3% per annum early next… Continue reading UK Economy Set To Grow At 2.5%