Channel 4 is cutting back its investment in programming for 2001 due to the advertising downturn that is affecting the industry.The channel, which last year spent £423m on programmes, has reduced its ambitions for programming in 2001 due to the “difficult financial market.” While the investment in programming for 2001 will be higher than last… Continue reading Channel 4 Feels The Pinch
US online adspend fell by 10% year on year in the first half of 2001, according to figures released today by CMRi, the internet division of advertising and marketing communications group, CMR. CMRi estimates that US internet adspend for H1 2001 totalled $1.5 billion. Yahoo continued to drive overall website revenues with a total of… Continue reading Internet Hit By Ad Downturn As Spend Drops 10% In First Half
According to the recent report Online Teen Spending, 2001, Datamonitor forecasts that by 2005 teenagers will spend up to $10.6 billion online, a rise from $483 2000. The survey looked at teenage spending online in seven EU countries and the US and found that online penetration amongst teenagers was often higher than amongst the population… Continue reading Teenagers Will Spend $10.6 Billion Online In 2005, Says Datamonitor
New research reveals that 40% of web surfers will visit a news or information site more often if its pages load faster and advises that companies should worry less about spending lots of money on the latest web design technology, as this will not increase user levels. According to the Jupiter Research Web Enterprise report,… Continue reading Technology For Technology’s Sake Doesn’t Necessarily Build Website Use, Says Jupiter
BSkyB is in discussions with Channel 5 that may lead to the satellite group taking a stake in the terrestrial station, the Sunday Business reported yesterday without naming its sources. C5 is owned 65% by pan-European broadcaster RTL and 35% by United Business Media (UBM). However, UBM has recently disposed of the rest of its… Continue reading BSkyB Interested In C5 Stake According To Reports
The well-documented fall-out in the internet market has reached Chrysalis as the company today announced that it will be ending all new media investments bar its sports network Rivals.net. The write down to Chrysalis’ accounts for the year will total £9.6 million and this does not include trading losses incurred by the New Media division… Continue reading New Media Write-Offs Cost Chrysalis
The French Government may relax its regulations on television advertising, possibly allowing press and retailers to advertise on TV by 2003, according to French press reports and ABN Amro. The broker says that the rationale behind the move would be to increase the attractiveness of the digital terrestrial television (DTT) platform to free to air… Continue reading France May Relax TV Advertising Rules
Chief executive of US media group, Liberty Media, John Malone, has said in an interview with Die Welt that the company will start operating cable television services in Germany in about one year’s time. The announcement follows Liberty Media’s recent acquisition of six cable franchises from Deutsche Telekom for around €5.5 billion. Further investment costs… Continue reading Liberty Media To Launch German Cable TV Services
Market research group Taylor Nelson Sofres (TNS) has this morning reported a strong set of interim financial results, with organic sales rising by 6.7% and pre-tax profit up by 9.1% to £17.1 million. The company said that the strong figures illustrate the ‘relative resilience’ of the market information industry worldwide, which is growing despite the… Continue reading Taylor Nelson Sees Strong Results, Driven By Core Market Research Business
ITV partners Carlton and Granada saw shares drop significantly in week on week analysis after Zenith downgraded its forecasts, casting a shadow of pessimism over the media market (see Zenith Cuts Ad Forecasts Again). Carlton saw stock slip 19% to finish at £2.54ž, a loss of 59žp on the previous week, while Granada was down… Continue reading Sharewatch
