The underlying rate of inflation dropped 0.2% compared to the previous month during July, according the latest figures released by the Office of National Statistics. The rate of 2.2% was less than had been predicted by analysts fearing inflationary pressure, and is thought to have been helped by low food and petrol prices.The headline rate… Continue reading Food Prices Ease Inflation Rate
Recent press reports suggest that AOL Time Warner is to cut more jobs within its America Online division in Virginia. The Wall Street Journal reports that the media giant is struggling to meet financial targets in the current advertising climate. Last month the company reported lower than anticipated revenue growth and AOL Chief Executive Gerald… Continue reading AOL Prepares To Make Further Jobs Cuts
Cordiant Communications, owners of Bates Worldwide, today released interim results revealing pre-tax profits of £22.1m. Although this was an increase of 27%, growth for the period fell below analysts’ forecasts and press reports this morning predict global job losses within the group. In a statement in June, Cordiant announced that the global ad downturn would… Continue reading Cordiant Prepares To Cut More Jobs As Profits Fall Flat
CMR, the strategic advertising and marketing arm of Taylor Nelson Sofres, has released its mid-year forecasts for US ad spend in 2001. In June, figures from CMR revealed that Q1 ad spend had dropped by 5.2% on the previous year (see Forecasts) and this decline is reflected in the outlook for 2001. 2000 vs 2001… Continue reading US Ad Spend Will Drop By 2% This Year, Says CMR
The US online population is still growing according to recent figures from the TR.com Online Census. Figures for Q2 2001 show that US households online now number 70.7 million, a 3% rise on Q1 and a reversal of the decline seen in the period to March 2001. Online Growth by Access Technology Technology Customers Growth… Continue reading US Online Population Continues To Grow
The latest Technographics Report by Forrester Research forecasts that the next five years will see the French online landscape change considerably as French consumers enjoy multichannel access. Currently Minitel users still outnumber all other forms of access. “Minitel has held sway in France for the last two decades – some 15 million French consumers (33%)… Continue reading French Online Landscape Will Diversify, Says Forrester
Advertising revenues for radio have ‘stabalised’ according the US Radio Advertising Bureau (RAB) yet figures for June reveal a drop of 8% year on year. Combined local and national revenues for radio fell by 8%, local spend dropped by 4% while national declined 20% when compared with June 2000. In the year to date, local… Continue reading US Radio Ad Revenues Decline As Market ‘Softening’ Ends
By 2002, 68% of Interactive Digital Television (iDTV) application developers will be using Microsoft ‘middleware’ platform says Strategy Analytics. This represents a significant rise from the current share of 38% and suggests that Microsoft’s dominance of the software market may not be limited to PCs. The survey, which involved leading developers working on over 200… Continue reading Microsoft Will Play Key Role In iDTV Developing
After the latest RAJAR results confirmed the increasing popularity of commercial radio (see Newsline), four out of the five top media performers, week on week, were commercial radio stations. Chrysalis put in the best performance with shares climbing 5.03% to close at £2.09, up 10p on the week before.Carlton, which announced the closure of The… Continue reading Sharewatch
The BBC is claiming victory in the battle of the soaps after Friday night’s episode of Eastenders attracted over a million more viewers than ITV’s Coronation Street.The fourth weekly offering of Eastenders, which aired for the first time at 8pm on Friday, attracted average 8.4 million viewers and 41% share, compared to an average 7.3… Continue reading Good Start For Friday EastEnders
