Economic recovery in the US telecommunications sector is now in sight, according to 249 global telecoms executives and consultants surveyed by the Strategis Group. An overwhelming 96% of respondents believe that the US economy will begin its recovery within the next 12 months. This recovery is expected to translate into business, as 84% believe that… Continue reading Telecoms Counter The Doomsayers With Positive Outlook For US Economy
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Hard disk video recording system Tivo may turn out to be the new Betamax, an ill-fated video cassette system of the ’70s, according to respondents of a new survey by The Media Edge. Of the 170 people that took part in the survey, 84% either already own Tivo recorder (39%) or intend to buy one… Continue reading Is Tivo The New Betamax?
ABN Amro reports today that the latest UK data shows a drop in advertising spend for May of 10.1% year on year, mainly due to falls in TV, Radio and Newspaper advertising. The most worrying aspect of the May decline is that in in terms of year on year comparisons, May ought to have been… Continue reading Analysts Forecast Deepening Woes For Adspend As May Figures Are Released
Virgin Radio has confirmed that Chris Evans’ contract with the station has been terminated (see SMG To Part With Absentee Evans?). A spokesman for the station said that due to the events of the past week they had no choice but to take this action, as the breakfast presenter had breached his contract. The spokesman… Continue reading Virgin Radio Sacks Evans
Scottish Media Group (SMG) is expected to confirm this morning that it has ended its relationship with high profile breakfast DJ Chris Evans. The move will be the result of Evans’ failure to turn up to present his show during the past week. Yesterday he was sent a letter by the SMG board informing him… Continue reading SMG To Part With Absentee Evans?
Growth at newspaper publisher Trinity Mirror was mainly strong in the first half, although advertising levels tailed off during second quarter, according to a trading statement released this morning. The company said that “the 26 week period has been characterised by a relatively strong advertising performance in the first 13 weeks which has been offset… Continue reading Trinity Sees No Return To Earlier Ad Levels
There is increased pressure from Granada investors to close down its loss-making digital terrestrial television service, ONdigital, following a leaked letter from chairman Charles Allen to the prime minister, according to this morning’s Financial Times. ONdigital is 50:50 owned by Granada and Carlton Communications. A spat between the two ITV giants has developed after Granada… Continue reading Granada Faces Investor Pressure Over ONdigital, Reports FT
The planned merger between Sky Global and GM Hughes (see Murdoch Slims Sky Global To Seal DirecTV Deal) could see Rupert Murdoch’s News Corp become ‘the only truly global, vertically integrated media group’, according to analysts at ABN Amro. The broker says that this development is as significant for News Corp as its expansion from… Continue reading Sky Global/GM Hughes Merger Would Create Global Integrated Media Group, Says ABN Amro
Shares in Japanese telecommunications giant Nippon Telegraph & Telephone have slumped to an eight year low after the Japnese economics minister’s calls, in a Sunday newspaper interview, for the former monopoly to be broken up. NTT is Japan’s biggest telecoms company and led the way for mobile internet services through its i-mode phones yet its… Continue reading NTT Shares Fall To Eight Year Low
The Advertising Standards Authority (ASA) has put the brakes on Nissan and Eurostar, upholding complaints against Nissan, for an advert which it felt to be “misleading” and against Eurostar, for a poster which, “encouraged readers to act irresponsibly.”The ASA received a complaint against a magazine advertisement for Nissan cars which read: “The Nissan Almera 1.5E… Continue reading ASA Puts Brakes On Nissan And Eurostar Ads
