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Video on-demand (VOD) will generate more than $1.9 billion in revenues worldwide by 2006, according to a new report from In-Stat/MDR. As the number of cable modems and digital subscriber line (DSL) services continue to increase throughout the world, VOD services over internet networks will grow to a total of more than 17 million users… Continue reading Global Video On Demand Revenue To Reach $1.9bn By 2006

A new report on global entertainment and media (E&M) spend published by PricewaterhouseCoopers has found that the industry will enjoy a compound annual growth rate (CAGR) of 5.2% between this year and 2006, eventually reaching $1.4 trillion (see Entertainment And Media Spend Set For 5.2% Growth To 2006, Says PWC). The report also makes a… Continue reading PricewaterhouseCoopers Predicts Global Media And Entertainment Sector Growth

Merrill Lynch analysts have cut their European advertising growth forecasts for 2002 and 2003, as economies remain relatively weak. The forecast for this year has been reduced from -2.0% to -3.0%, whilst 2003 is downgraded from 3.5% to 1.5-2.0%. The broker has made similar reductions to its US and global ad forecasts (see Merrill Lynch… Continue reading Regional Forecasts Nudged Down By Merrill Lynch

The high interest of under 25s and up scale consumers will drive demand for 3G mobile services, much as these groups drove the growth of the overall mobile phone market. This is one of the findings of the Wireless and Internet Technology Adoption By Consumers Around The World report from Taylor Nelson Sofres (TNS). The… Continue reading Young, Up-Market Consumers Will Drive Mobile Internet, Says TNS

Revenue from interactive television (iTV) has been slow to materialise and underneath the high expectations there is a sense of disappointment. This is according to a new outlook report from analysts at Accenture. Interactive services were first launched in Europe in the late 1990s, but so far the medium has pretty much failed to live… Continue reading Interactive TV: Disappointingly Slow Start, But Potential Is There, Says Accenture

The best performance in yesterday’s media market came from Independent, which announced that it is ‘cautiously optimistic’ that 2002’s results will show an improvement on those achieved during the past year (see Advertising Shows More Consistency, Says Independent). Shares rose 2.66% yesterday to close at £135, an increase of 3˝p on the previous day’s trading.Daily… Continue reading Sharewatch

Jazz FM and Guardian Media Group (GMG) have reached an agreement following a revised takeover offer from GMG for the radio station, the two groups announced yesterday evening.GMG had previously tabled an offer of 180p per share, or £41 million, but the Jazz FM Board had urged its shareholders to take no action with respect… Continue reading Jazz FM Agrees To £44.5m Takeover By GMG

BARB has this month issued a newsletter to the media industry which gives an update on the situation regarding the much-criticised new contract for viewing data collection (see BARB Controversy Continues), which began in January this year. The newsletter insists that the focus at present is on quality control in this, the setting up stage.BARB… Continue reading BARB Emphasises Quality In Newsletter Update

Less than a month after sparking a tabloid pricing war by reducing its cover price to 20p (see Daily Mirror Cuts Cover Price), the Daily Mirror has announced that the price of the title will return to 32p in selected regions.When the first price cuts were announced, some media commentators thought that Trinity Mirror was… Continue reading Mirror Brings Partial End To Price Cut

Natmags has promoted health magazine Zest’s acting deputy editor Rebecca Frank to the post permanently. Previous editor Linda Bird is now editor of She… …Also at Natmags Liz Kershaw is to return from maternity leave to take on the role of executive group publishing director for Good Housekeeping and Country Living. Chris Hughes, publishing director… Continue reading Appointments Brief