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UTV Media, owner of the Northern Ireland ITV franchise and talkSPORT, has reported a 19% decline in ad revenues at its TV division and a 15% drop at its radio operation for the first four months of the year. The broadcasting group, which owns more than 20 radio stations across the UK and Ireland, said… Continue reading UTV reports 19% drop in ad revenue

ITV expects ad revenues to fall 16% in the first half of 2009 and plans to make additional cutbacks of £40 million in 2010. John Cresswell, ITV chief operating officer, said that around half the £40 million savings would come from the programming budget, with the other half coming from “across the rest of the… Continue reading ITV ad revenues expected to fall 16% in H1

BT has reported a £1.3 billion loss for the last three months, giving it an annual loss of £134 million. As a result it is set to cut 5,000 jobs over the coming year, roughly 10% of its workforce. It has already axed 15,000 jobs over the past year. The telecoms firm also revealed that… Continue reading BT reports £1.3bn loss for last three months

Total social network ad spending in the US will fall 3% to $1.1 billion in 2009, from $1.2 billion in 2008, according to a new forecast from eMarketer. This is a significant turnaround from previous years, when spending grew an estimated 33% in 2008 and 129% in 2007, said eMarketer. The primary reason for the… Continue reading US social networking adspend to fall 3% in 2009

More than half (52%) of mobile phone users are now using the mobile internet with email and social networking the most popular activities, according to new research from UK user experience consultancy Webcredible. The research polled 1,132 visitors to the Webcredible website between February and April 2009 on what they used their mobile phone for… Continue reading Email and social networking most popular mobile internet activities

BT has been forced to announce plans to cut 15,000 job this year as it reports a £1.28 billion loss for the last three months.The telecoms company will lose around 10% of its workforce over the coming year after being pushed into a £134 million annual loss.BT has also cut its dividend to shareholders and… Continue reading BT reports £1.28 billion loss

Total social network ad spending in the US will fall 3% to $1.1 billion in 2009, from $1.2 billion in 2008, according to a new forecast from eMarketer.This is a significant turnaround from previous years, when spending grew an estimated 33% in 2008 and 129% in 2007, said eMarketer.The primary reason for the change is… Continue reading US social networking adspend forecast to fall 3% in 2009

Clear Channel Outdoor has unveiled Molson Coors as the first client to advertise on its new Hammersmith Tower.The new architect-designed tower, which can be viewed from the Hammersmith Flyover, displays two Mega 6 advertisements for Molson Coors’ Carling brand, targeting inbound and outbound traffic on this route from Heathrow into Central London.The patinated brass-clad, 33… Continue reading Molson Coors books launch campaign on new Hammersmith Tower

The Government has unveiled plans to create up to 10,000 new jobs for young people in the creative industries as part of its £1.1 billion investment in the sector.Public and private sectors will both have the opportunity to bid for the new “innovative” jobs, which will span across a range of creative sectors, according to… Continue reading Government to create 10,000 new jobs in the creative industries

The RAB is set to launch a new £1 million creative challenge that will see commercial radio collectively offer up to £1 million worth of radio airtime to two advertisers.Advertisers will be invited to submit a creative for a new radio advert, which has not yet run on commercial radio, with the chance to win… Continue reading RAB sets up £1m creative challenge