Tiscali, the Italian internet service provider, is set to offer triple play services in the UK, after the company merged its British operations with Homechoice owners, Video Networks. The third largest broadband operator in the UK will make television, broadband and telephone services available, following the sale of Homechoice to Tiscali for a reported £60… Continue reading Tiscali To Launch Triple Play Services After Buying Homechoice
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Archant has announced a 19.4% drop in profit in the first half of 2006, attributing the decline to fundamental structural changes in its markets and cyclical economic forces. In the six months to July 1 the company’s profits stood at £10.2 million. The regional newspaper and magazine group also said that its revenue was down… Continue reading Archant Magazines Show Growth As Profits Fall
Total retail revenue in the UK communications sector reached £50 billion in 2005, a 5% increase compared to 2004, according to new figures revealed by Ofcom in its new Communications Market report. The biggest annual rise, of £2 billion, came from the telecoms sector, while television revenue grew by £500 million. Total radio funding (BBC… Continue reading UK Communications Retail Revenue Reaches £50 Billion In 2005
ITV has reported operating profits up 9% to £163 million, boosted by strong performances from businesses outside ITV1. The broadcaster’s flagship channel continued to struggle in the first half of 2006, reporting an 8% fall in advertising revenue in the first six months of the year to £654 million, while its share of commercial impacts… Continue reading ITV Profits Up Despite Weak Ad Market
Interpublic Group, the holding company of agencies including Lowe Worldwide and McCann Erickson has reported second quarter 2006 revenue of $1.53 billion, compared to $1.61 billion in the same period a year ago (a 4.8% drop), with first half revenue of $2.86 billion, compared to $2.94 billion during the first six months of 2005. The… Continue reading Interpublic Revenues Fall
By 2010 traditional television advertising will be one-third as effective as it was in 1990, according to a new report from McKinsey & Co. The predicted loss of effectiveness is down to an assumed 15% decrease in buying power caused by cost per thousand rate increases. Other factors which are identified in the McKinsey report… Continue reading Effectiveness Of Traditional TV Advertising To Decline
Pearson, parent company of the Financial Times, has acquired financial information company the Mergermarket Group for £101 million. Mergermarket’s customers include 29 of the world’s top 30 investment banks, 18 of the top 20 law firms and 25 of the top 30 private equity houses. Mergermarket was founded in 2000 and Pearson says that its… Continue reading Pearson Buys Mergermarket Group
Marketers should look to massively multiplayer online games (MMOG) if they are trying to target 18-34 year old males, according to a new Universal McCann report TrendMarker, Parallel Worlds. JupiterResearch estimates that MMOG’s generate revenues of $350 billion per year, occupying about nine hours a week for the average player, while most gamers are male… Continue reading Marketers Should Look To Online Games
Following the release of the latest RAJAR figures, GCap Media has seen its share price drop to a record low of 186.50p, falling 2.1% on last night’s closing price of 190.50p. Over £400 million has been wiped of GCap’s share price since it was created in May last year by the merger of Capital Radio… Continue reading GCap Share Price Falls Following RAJAR Audience Figures
Trinity Mirror’s profits have declined by 12.8% to £98.1 million in the first half of 2006, with the fall attributed to the weak advertising market. The publisher has called a review of its business to be completed by the end of the year, with some analysts saying that the review could lead to Trinity Mirror… Continue reading Trinity Mirror Review After Profits Fall
