More Media Business articles

Last year was a record year for television viewing in France, although advertising revenues finished the year down, according to an annual survey conducted by Syndicat National De La Publicité Télévisée (SNPTV). The report shows that the average adult over 15 years in France watched 3h 29mins per day – 5 minutes more than last… Continue reading French TV Viewing Hits Record Year In 2001

This year will be a transitional one for the media economy, with continued consolidation of buyers and sellers, developments in technology and an uncertain economy all continuing to play out, according to Jack Myers. Myers says that the major issue facing media businesses in 2002 is the ongoing downturn in the advertising economy. Jack Myers… Continue reading A Transitional Year Ahead For Media, Says Jack Myers

JCDecaux has acquired a 50% stake in KlettDecaux, a German outdoor advertising company based in Stuttgart, the group announced today. KlettDecaux, in turn, holds a 35% interest in Statdreklame Nürnberg in Nuremberg; both companies hold long-term street furniture contracts. Jean-François Decaux, CEO of JCDecaux, said: “The German market, which is the largest media market in… Continue reading JCDecaux Builds German Outdoor Interests

The development of the unmetered internet access market in the UK may have been given a boost today, after a proposal from Oftel seeks to change the way BT charges other operators that wish to provide the service. The telecommunications watchdog has proposed that BT should charge operators that provide unmetered access in the same… Continue reading Oftel Proposals May Boost Unmetered Internet Access Market

Advertising growth will remain ‘muted’ for the next few years and will not show a great return to strength by the end of 2002, as some industry observers have hoped. This is the opinion of media analysts at ABN Amro, who in a report released at the end of last week, state that consumer and… Continue reading Global Media Recovery Will Not Bounce Back But Come Slowly, Says ABN Amro

The European Information Technology Observatory (EITO) has compiled its 2002 trends and forecasts statistics on the worldwide and European information and communications technology markets (ICT) markets. The research group notes that 2001 was a difficult year for the global economy and for the ICT industry, but argues that Europe continues to progress towards the e-economy.… Continue reading Ecommerce, Technology, IT And Internet Forecasts From EITO

DMG Radio Australia, the country’s largest radio network, has announced the acquisition of Brisbane AM radio station 4BH from the Australian Radio Network for an undisclosed sum not exceeding A$5 million. DMG, 75% owned by DMGT and 25% by GWR Group, now owns 62 stations across Australia. DMG Radio Australia’s regional stations continue to suffer… Continue reading DMG Builds Australian Radio Network

Chase Carey, CEO of Sky Global Networks, has resigned from his position at News Corp following the failure of the group’s bid for DirecTV (see Insight Analysis: Murdoch Walks Away From ‘Dream’ DirecTV Deal). Carey had been instrumental in negotiating a number of successful deals whilst at News Corp including the acquisition of Star TV… Continue reading Sky Boss Leaves Following DirecTV Failure

Ulster Television has this morning announced an agreement with ITV Digital allowing the broadcast of ITV2 in Northern Ireland. UTV2, UTV’s digital TV offering, has now been closed to allow ITV2 to begin broadcasting on the digital multiplex. It is anticipated that the closure of UTV2 will save UTV approximately £350,000 a year, ITV2 will… Continue reading Ulster TV Cedes To ITV Digital

Dow Jones, publisher of the Wall Street Journal, today announced preliminary earnings for 2001 which revealed net income of $2.1 million, or three cents a share, compared with a net loss of $274.3 million, or $3.15 a share, for 2000. Net income for the fourth quarter was £1.5m, compared with a net loss of £192.9m… Continue reading Dow Jones Moves Into Profit But Ad Volume Drops