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Carat has issued revised forecasts for global advertising expenditure in 2008 and 2009, with the worldwide prediction for 2008 revised downwards by just over a percentage point from 6.0% to 4.9%. 2009 is also very slightly reduced, from 4.9% growth to 4.8%.The main driver of the reductions for 2008 is downward revisions for ad spend… Continue reading Carat Revises Down Global Ad Forecast

The latest regional ABC figures, for January to June 2008, show that the Manchester Evening News is Britain’s top paid for regional title following the decision by ABC to combine paid-for and free distribution for the first time.In the top ten paid regional newspaper groups, Archant London Group was up by a massive 326.1% year… Continue reading ABC Regional Newspapers: January-June 2008

Analysts at American investment bank Goldman Sachs have given a boost to media company shares, saying that some stock sell-offs have been overdone.Goldman put BSkyB on its “conviction buy” list, saying that although the ad market is expected to deteriorate moving into 2009, the satellite broadcaster only has limited exposure to this with just 8%… Continue reading Goldman Sachs Provides Boost To Media Companies

ITV has secured the rights to air highlights of the Guinness Premiership English club rugby union matches this season, taking over from the BBC.The new hour-long weekly highlights show on ITV4, which will be presented by Craig Doyle, will air on Sunday evenings at 6.30pm – a similar time to the BBC’s Rugby Special programme.The… Continue reading ITV Secures Rights To Rugby Highlights

BBC One managed to win the battle of the new programmes with ITV1 last night, topping the ratings with the first in the series of Mutual Friends.The new comedy drama, starring Marc Warren and Alexander Armstrong, pulled in more than 4.5 million average viewers with a 19.6% audience share between 9pm and 10pm.ITV1’s rival show,… Continue reading BBC One And ITV1 Came Head To Head With New Shows Last Night

German market research group GfK has announced that it is no longer pursuing a possible offer for TNS.According to a report in the Financial Times, GfK’s discussions with Apax, the private equity group it hoped would jointly bid for TNS, collapsed over price.The announcement comes after Sir Martin Sorrell’s WPP made a £1.08 billion hostile… Continue reading GfK No Longer Pursuing Offer For TNS

comScore has released a study of global visits to Beijing2008.cn, the official website of the 2008 Olympic Games, revealing a tight race between China and the United States, with China taking the gold.The site offers Olympic content in five languages: Mandarin, English, French, Spanish and Arabic. The study examined the global breakdown of visitors to… Continue reading Official Olympic Website Proves Popular Globally

Online archive shows will make up a fifth of all TV viewing within five years time, according to Ashley Highfield, speaking at the MediaGuardian Edinburgh International Television Festival (MGEITF).Highfield, Project Kangaroo’s chief operating officer, claimed that archive content would make up half of all video-on-demand services in five years time.Highfield, who previously fronted the development… Continue reading MGEITF 2008: Highfield Predicts Bright Future For Online TV

Virgin Media and sports network Perform have developed an online video player for ITV Sport, The Guardian, News International, Trinity Mirror and Virgin Media itself.The new e-Player will be dedicated to sports content, with highlights from the FA Premier League as well as other sporting events.Virgin Media and Perform have designed the video player to… Continue reading Virgin Media Develops Sports Video Player

GCap’s national sales director, Simon Daglish, is set to leave the company following the planned merger of the Global Radio and GCap Media’s sales teams.Ashley Tabor, founder of Global Radio, announced to his staff that Daglish would be departing and the teams would come together in a central London location by the autumn.He said: “My… Continue reading Daglish Set To Leave As Global And GCap Sales Teams Merge