A new study has found that 29.4 million people accessed at least one social networking site in the UK in May, averaging 4.6 hours per visitor during the month. The comScore study, shows that social networking has become a mainstream online activity among all age groups, with 80% of the total UK online population having… Continue reading Almost 30m people in the UK accessed social networks in May
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BBC One’s The Street secured the highest ratings during the all-important prime time slot last with 5.3 million peak viewers.The second episode in the six-part series, which saw a single mother played by Anna Friel turn to prostitution to pay off her debts and provide for her two sons, attracted over 5 million average viewers… Continue reading Overnights: The Street banks the top spot with 5.3m viewers
Future publishing’s Classic Rock magazine is launching a new subscription service letting readers download new albums before they are released in shops.The Classic Rock Club service – Future’s first premium content offering – costs £3 a month and is being launched with online content specialist Jack Brand, according to a report on MediaGuardian.The editorial team… Continue reading Classic Rock magazine launches new subscription service
Investment in Public Service Broadcasting (PSB) programming from the five main broadcasters has dropped by almost 15% over the last four years, according to new research.Ofcom’s latest PSB annual report shows that the five main PSBs spent £2.6 billion on original UK programmes in 2008, down from £3 billion in 2004.The report also found that… Continue reading Ofcom: PSB investment in decline
Comment and analysis from MediaTel Group’s ‘Future of National Newspapers’ seminar re-enforces the scale of the task ahead for the newspaper business model, says our weekly columnist Raymond Snoddy… Careless users of PowerPoint presentations are far more effective in curing insomnia than endless numbers of sheep. But just occasionally a well targeted chart or table can… Continue reading Will the pay model really work for newspapers online…?
ITV1’s advertising revenue is expected to decline by around 12% year on year in September, quashing hopes that the downturn is nearly over.Previous forecasts predicted that ITV1 would report a reasonably healthy single-digit fall for the crucial month, which often reflects the mood of advertisers between the slow summer season and the run up to… Continue reading ITV1’s ad revenue is forecast to drop 12% in September
Independent News & Media is set to secure a further extension to a financial standstill deal with its investors in order to bide more time for debt restructuring.The month-long extension is the third agreement that the Independent owner has had to negotiate in the last three months.INM confirmed its first standstill agreement with banks and… Continue reading INM to secure third standstill deal
Total net revenues at Metro International declined by 26% year on year in the second quarter of 2009, to €60.7 million. Adjusting for currency movements, closed and divested operations and revenues lost due to the Easter Holidays, net revenues were down 12%. The company’s total operating loss was €3 million for Q2, while the net… Continue reading Metro International reports revenue decline
Independent News & Media is in talks with banks and bondholders about extending its debt standstill deal, according to a Financial Times report. The publisher of the Independent has a standstill agreement in place which is due to expire on Friday. If an extension is agreed INM will avoid going into examinership, or bankruptcy protection.… Continue reading INM negotiating debt standstill extension
A new forecast from eMarketer projects that growth in UK online ad spending will be just 0.9% this year. Karin von Abrams, eMarketer senior analyst and author of the new report, said: “In 2009, online ad spending has been hit harder than most UK marketers thought possible even a few months ago. “Budget cuts have… Continue reading Low growth predicted for UK online adspend this year
