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US newspapers suffered predominantly flat or declining circulation in the last six months, according to data released by the US Audit Bureau of Circulations (ABC), as reported by the Wall Street Journal. Average daily circulation for the 820 titles on the audit declined by 0.6% across the period. Whilst New York papers were boosted by… Continue reading US Newspapers See Sales Slump

Mobile phone operators are on the verge of a new era in wireless services, one which will require them to change the way they have previous run their businesses, according to an analysis by Jack Myers of Jack Myers Report. The wireless industry has seen substantial growth in recent years as the public has readily… Continue reading Cable Industry Provides Content Model For Wireless, Says Myers

UK satellite broadcaster BSkyB has confirmed that KirchPayTV, in which it holds a 22% stake, has today filed for insolvency due to illiquidity and huge debts. The insolvency comes because KirchPayTV’s investors are now unwilling to offer any more funds whilst the business looks for additional financing. This is despite reports that there were a… Continue reading KirchPayTV Files For Insolvency, BSkyB Expects No Return

Havas Advertising has announced Q1 revenue of E501 million for 2002 representing organic growth of -5.5%. Revenue in Europe fell by -4.7% but the most severe downturn was in North America where revenue fell by -8.2%. Billings amounted to E3.343 billion for the quarter. Advertising brought in E183.7 million in Q1, a drop of 8.1%… Continue reading Growth At Havas Falls In Line With Forecasts

The Guardian Media Group (GMG) has made a takeover offer for Jazz FM, the radio station confirmed this morning. GMG has tabled a £41 million offer for Jazz, representing 180p per share – a 30% premium on Friday’s closing price of 139½p. The offer has not yet been fully accepted and the Board of Jazz… Continue reading Guardian Media Group Makes £41m Offer For Jazz FM

Magazines in Australia managed to hold a 6.8% share of adspend throughout 2001, despite overall media declining by AUS$566 million – a 6.2% drop from 2001 to AUS$8.4 billion, according to data from the Commercial Economic Advisory Service of Australia (CEASA), as reported by FIPP. Magazines’ 6.8% share of the market represents AUS$566 million, which… Continue reading Australian Mags Hold Market Share, Newspapers And TV Decline

The growth of media and entertainment via the internet is set to continue, with films, games and animations all to drive revenues in multi-platform online entertainment, according to a new report from Screen Digest. The total western world revenues for multi-platform web content are forecast to reach E3.2 billion by 2005, with western Europe accounting… Continue reading Internet To Offer More Movies And Entertainment

Carlton and Granada, which last week confirmed the closure of ITV Digital (see Door Set To Close On ITV Digital Services) and witnessed the resignation of ITV chief executive Stuart Prebble (see Prebble Steps Down From ITV), saw shares rise in week on week analysis. Carlton was up 1.45% to close at £2.44˝ and Granada… Continue reading Sharewatch

The draft legislation of the forthcoming Communications Bill has today been jointly published by Trade and Industry Secretary, Patricia Hewitt and Culture Secretary, Tessa Jowell. Proposed changes to the rules would allow the long-anticipated consolidation of ITV and would also pave the way for large newspaper companies, such as Rupert Murdoch’s News Corporation, to buy… Continue reading Draft Communications Bill Relaxes Cross Media Rules

Posterscope has launched a new ambient division called Hyperspace to focus on non-traditional out-of-home media.As well as carrying out research into how to plan and buy mainstream ambient campaigns, the division will concentrate on providing bespoke client solutions for new and developing outdoor opportunities.The division will be headed by Posterscope’s board account director Glen Wilson,… Continue reading Posterscope Goes Into Hyperspace