More Media Business articles

Advertising revenues rose by 2% in the first five months of the year at regional newspaper publisher, Johnston Press, the group said in a trading statement this morning. The figures show the resilience of local advertising revenues during a period of economic uncertainty, says Johnston; national revenue has been hit much harder than local during… Continue reading Local Ad Revenues Aid Johnston Press Figures

Advertisers currently buying space in the US upfront markets are embracing the interactive and online enhancements offered by broadcast and cable networks and incorporating them into their campaigns, according to today’s Jack Myers Report. Myers says that this is another indication of a strengthening media economy, particularly given that last year advertisers “insisted that any… Continue reading Interactive Buys Point To Strengthening Media Economy, Says Myers

Advertising volumes at the Wall Street Journal declined by 24.4% in May 2002, parent company Dow Jones announced yesterday. This compares to a decline of 35.8% year on year in May 2001 and a rise of 42.7% in May 2000. The group indicated that June volumes are likely to be down in the mid-20% range… Continue reading Advertising Remains Weak As Wall Street Journal Misses Forecasts

Fifty-six percent of US retailers reported that their online operations were profitable during 2001, up from 43% in 2000, according to the The State Of Retailing Online 5.0 report, released yesterday by Shop.org. The survey, conducted by the Boston Consulting Group and with market data from Forrester Research, predicts that further profitability and growth will… Continue reading US Online Retailers Move Into Profit

Prospects for significant trading recovery in the second half of the year look good, Pearson chief executive Marjorie Scardino will tell a Merrill Lynch telecommunications, media and technology (TMT) conference today. Scardino says that whilst first half results will ‘reflect a significantly weaker advertising environment’ than the same period in 2001, earnings per share should… Continue reading No Signs Of Ad Recovery At FT Group, Says Pearson

US interactive and direct marketing revenues rose by 9% to $1.9 trillion during 2001, according to the latest data from the Direct Marketing Association (DMA). This rise comes despite a year ‘marred by economic uncertainty and public concern over anthrax in the mail’, notes the DMA. Forecast According to Association’s Economic Impact: US Direct &… Continue reading US Direct Marketing Grows Despite Anthrax Scares

Advertising revenues at Granada were up by 14% in May, the company told a Merrill Lynch conference this morning. The group also said that there is now limited forward visibility, something which has so far been unavailable according to most media groups. June will show revenue up 7%, with July rising 6%. The strong US… Continue reading Granada Sees Some Visibility, Revenue Up 14% In May

Telewest Communications faces a possible ‘funding gap’ if its operating performance fails to meet certain standards, admitted group chief executive Adam Singer at the company’s AGM today. The heavily indebted UK cable group has instigated a wide-ranging reorganisation, along with a substantial reduction in staff numbers in order to bring down costs (see Indebted Telewest… Continue reading Telewest Could Face ‘Funding Gap’, Says Singer

Global market research group, Taylor Nelson Sofres (TNS), has acquired the business and assets of Evaliant Media Resources, an international provider of online advertising data and analysis tools. Evaliant will be combined with the online ad-tracking division of TNS CMR, enhancing its position in this market, TNS said this morning. Evaliant’s turnover for the year… Continue reading Taylor Nelson Sofres Acquires Evaliant

As expected, it looks as though News Corp is all set to acquire Italian pay-TV group Telepiù, in a deal worth E1.5 billion, according to reports. The deal would see Rupert Murdoch’s media empire become the sole pay-TV operator in Italy, according to a report in the Financial Times. At the end of last month… Continue reading News Corp Set To Take Telepi