More Media Business articles

International media and market research firm, Arbitron, has bought US radio audience research bureau, RADAR, for $25 million from its parent company, Statistical Research Inc. RADAR (Radio’s All Dimensions Audience Research) is the US equivalent of the UK’s RAJAR survey. If offers the US a national radio ratings service that measures audiences to radio commercials… Continue reading Arbitron Acquires US Radio Survey, RADAR

Regional newspaper publisher, Johnston Press, has this morning announced the acquisition of eight free weekly papers and their related editions from Trinity Mirror, £16.1 million cash. The titles include the Peterborough Herald & Post, Northampton Herald & Post, Derby Trader and five other free newspapers which circulate in and around those areas. The titles will… Continue reading Johnston Acquires Free Weeklies From Trinity Mirror

Further weakening in the European economy could have a major impact on the demand for IT products and services over the next three years, according to IDC. The worsening outlook for the Western European economy suggests that the tech slump currently impacting on the US market may spread to Europe. Globally, IDC forecast that IT… Continue reading Worsening European Economy Could Wipe $150 Billion from IT Market, Says IDC

According to the Wall Street Journal’s semi-annual forecasting survey, many economists now predict that the US economy will begin to show signs of recovery by the end of this year despite the current trend for corporate dolor. In Q1 2001, the economy managed only 1.2% growth, the panel of forecasters consulted by the WSJ predict… Continue reading There Is Light At The End Of The Economic Tunnel, Says WSJ

A new report by eMarketer reveals that although the economic slowdown in the US has slowed technology spending, many businesses have begun to use some form of online trading as part of normal practice. The most common of these is purchasing online via a supplier’s website although other areas of online B2B trading are developing.… Continue reading B2B Trading Boosted By Technology Slump

IDC forecasts that by 2005 the total number of online trading accounts in the Asia/Pacific region (exc Japan) will rise to 42 million as the popularity of eInvesting grows. “The securities industry in Asia/Pacific is facing unprecedented challenges and opportunities brought about by the emergence of new digital channels, market deregulation, industry consolidation and shrinking… Continue reading IDC Forecasts Massive Growth In Online Trading In Asia

The woldwide market for firewall security applications will break the $1 billion barrier this year, according to IDC. Revenues increased by 153% in 2000, reaching $943 million and IDC forecasts that by 2005 the market will generate $4 billion. The US market presents the greatest opportunity for this market, in 2000 it accounted for 54%… Continue reading Security Software Market Set To ‘Skyrocket’, Says IDC

EMAP has this morning confirmed the sale of its USA business to US consumer publisher, Primedia, for approximately $515 million (£366 million). The disposal has been anticipated for some time and follows EMAP’s failure to effectively consolidate the finances of the business – a problem which lead to the eventual resignation of chief executive Kevin… Continue reading Petersen Sale Closes ‘Difficult And Unhappy Chapter’ In EMAP’s History

Newcastle-based independent radio group, Forever Broadcasting, has bought Grand Central Broadcasting (GCB), holder of Chesterfield’s Peak 107FM, for £4.8 million, the company announced this morning. In the year to 30 September 2000, the latest period for which it has audited financial statements, GCB recorded a turnover of £741,904, a loss on ordinary activities after taxation… Continue reading Forever Broadcasting Buys Chesterfield’s Peak 107FM

Hundreds of jobs are about to be axed at troubled digital terrestrial broadcaster, ONdigital, according to a report in this Sunday’s Observer. Citing unnamed sources, the article claims that ONdigital’s owners, Carlton Communications and Granada, are to cut the staff numbers later this month in a determined effort to cut costs. The news comes as… Continue reading Job Losses Expected As ITV Restructures