Two of the smaller US-based wireless carriers in the US are more successful in taking web page visitors to the secure areas of their sites – where transactions are potentially made – than the larger carriers, according to new research from Jupiter Media Metrix. Jupiter found that Sprint PCS and Nextel convert almost three times… Continue reading Small US Wireless Carriers More Effectively Attract Customers, Finds Jupiter
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WPP’s The Media Edge (TME) and Tempus’ CIA have ended their partnership in Germany, according to a report in AdAge yesterday. The news comes as WPP is poised to takeover Tempus for £440 million. TME and CIA’s German subsidiary, Mediahaus Stroebel, have been in alliance for around seven years. The partnership is set to officially… Continue reading Media Edge And CIA End German Partnership
European free-to-air broadcaster RTL is reported to have delayed its UK stock listing for the second time. Whilst RTL stock does trade on the London Stock Exchange, it current has a float of less than 15%, the minimum required for entry to the FTSE100. Earlier in the year RTL delayed the 15% freefloat from April… Continue reading RTL Delays Full UK Stock Exchange Listing
Cable company Telewest’s interactive applications developer, SmashedAtom, is to shut its business unless a buyer can be found. The joint venture with Atomic Tangerine had a business model which relied on demand from third party broadcasters – a demand that has dwindled over recent months. Telewest says that it is now not necessary for it… Continue reading Telewest Closes Interactive Apps Developer SmashedAtom
The late start to the ad-buying period for the 2001-2002 US television season is starting to cause concern for the TV networks, according to an article in the US’ Mediaweek yesterday. The site reports that with only three weeks before the start of the season advertisers have placed formal orders for only around a third… Continue reading US TV Networks Suffer Low Pre-Season Ad Bookings
UK venture capital group Cinven has tabled a E2 billion offer for Vivendi’s business to business (B2B) magazine portfolio, the French media group revealed this morning. The management of Vivendi is supporting the offer despite ‘several’ other approaches for the business, reportedly from the likes of Reed Elsevier, Pearson, VNU and EMAP (see EMAP May… Continue reading Cinven To Acquire Vivendi Magazine Portfolio For E2bn
Channel 4 may find itself with a £100-200 million charge for the use of its broadcasting spectrum under the new communications legislation proposed by the Government, according to a report in today’s Financial Times. Other commercial broadcasters are already subject to the spectrum fee, but Channel 4 has so far been exempted due to its… Continue reading Channel 4 May Be Hit By
EMAP is consider acquiring some of the magazine assets currently up for sale by Vivendi Universal, according to a report in French newspaper La Tribune this morning (see Reed Elsevier Is Likely Buyer Of Vivendi Publishing Arm). The report claims that specialist titles Le Moniteur and Exposium are likely to be of greatest interest to… Continue reading EMAP May Be Interested In Vivendi Specialist Mags
Hong Kong’s financial secretary, Antony Leung Kam-chung, forecast that there will be a rebound in the economy there by next year, although companies are likely to continue slashing jobs, according to a report in the South China Morning Post‘s website. Chief secretary, Donald Tsang Yam-kuen, also predicted the economy would “eventually find its legs and… Continue reading Hong Kong Sees Economic Rebound By Next Year
Shares in Reed and United Business Media continued to fluctuate yesterday after VNU’s interim results, released on Wednesday (see VNU Gloomy About Trade Journal Market), showed pessimism for the coming year. Reed saw a modest rise with shares climbing 0.94% to finish at £6.47˝, an increase of 6p on the previous day, while United Business… Continue reading Sharewatch
