A new report by Activmedia Research predicts that online business-to-consumer (B2C) sales will reach $56 billion in the US by the end of the year. This is an increase of 103% on the previous year. The Real Numbers Behind Online B2C Vendors 2000 report claims that the sector will be worth $1.1 trillion by 2010,… Continue reading US Online B2C Sales To Grow, Says Activmedia Research
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Emap has announced drastic cuts to its spending forecast on digital projects. When the company’s new media division, Emap Digital, was established in March this year it was said that around £250m would be spent on digital projects over the following three years, including up to £75m this year. Announcing its interim results yesterday, Emap… Continue reading Emap Announces Cuts To New Media Investment Plans
The creation of Emap’s internal advertising sales house, Emap Advertising, caused enough disruption to have an adverse effect on consumer magazine advertising revenues, according to the company’s first half results, released today. The company stated that “the disruption created by the formation of Emap Advertising resulted in consumer magazine advertising under-performing in a reasonably buoyant… Continue reading Disruption Of Creating Emap Advertising Shrinks Magazine Revenue During First Half
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Channel 4 has signed a one year sponsorship deal for its Football Italia programming, magazine and website. The sponsors are to be Rivals.net, the European multi-sports website network part-owned by the Chrysalis Group. Marcus Leaver, chief executive of Rivals.net, commented, “Channel 4’s Football Italia programmes are watched by die hard football fans- the core of… Continue reading Channel 4 Signs Rivals.net As Sponsors For Italian Football
Granada Media is to create a “dynamic new production group” following its acquisition of United Broadcasting and Entertainment businesses. A new management structure will oversee the combined output of LWT Productions and United Productions, headed by John Willis, currently chief executive of United Productions, as managing director. Marcus Plantin, currently LWT’s director of programmes, is… Continue reading Granada Media Announces Creation Of ‘Dynamic New Production Group’
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The Radio Authority has awarded the local digital multiplex licence for the Humberside area to the sole applicant, Emap. Delivering digital radio services to a population of up to around 700,000, the group will broadcast a total of eight programme services. Included in the line-up are contemporary hits from Viking FM, dance music from Kiss,… Continue reading Emap Bags Humberside Digital Licence
YesterdayÂ’s annual financial results were received positively by brokers, helping the group to close up 46p at 1,145p by the end of trading. EMAP has been given a Buy rating by Deutsche Bank and Credit Lyonnais and an outperform rating by Schroder Salomon Smith Barney. These all follow yesterdayÂ’s results, which included details of a… Continue reading EMAP Results – Reaction
Cable group Telewest has announced the extension of its cable network with the acquisition of Eurobell for £200m. The company, owned by Deutsche Telekom, is one of the last independent operators in the UK and supplies telephone, internet, data and cable television services throughout the south of England. According to latest figures Eurobell had 336,600… Continue reading Telewest Buys Eurobell For £200m