In April 2009, the ten web brands Britons spent the most time on accounted for 45% of all UK internet time – compared to less than 42% in April 2008.According to new figures released by Nielsen Online today, the average Briton spent 22 hours 20 minutes online or using internet-related applications in April 2009, representing… Continue reading The 10 most heavily used web brands account for 45% of total UK internet time
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Johnston Press has reported a fall 34.4% fall in ad revenue for the first 19 weeks of the year. The regional publishing group said following this its operating profit for 2009 is likely to be towards the lower end of market expectations. It has also scrapped plans to sell its Irish titles despite “considerable interest”,… Continue reading Johnston Press reports 34.4% drop in ad revenue
Advertising revenue at Trinity Mirror’s regional division was down 36% year on year in for the 17 weeks to the 26 April. In an interim management statement released today, the company revealed that group advertising revenue declined by 30% year on year. Its regional division was down 37% in January and February and 35% in… Continue reading Trinity Mirror’s regional ad revenues down 36%
A new report predicts that the number of US broadband households accessing web-to-TV content will hit 24 million and generate $2.9 billion in revenue from streaming services by 2013. According to the In-Stat report, nearly 30% of those in the 25-34 age group use game consoles to view streaming video from the internet, but web-enabled… Continue reading US web-to-TV households to generate $2.9bn in revenue by 2013
UKRD have finally secured the controlling share in The Local Radio Company, despite facing a higher offer from rival bidder Hallwood Financial.The radio investment group UKRD now own 50.09% of the existing issued share capital of TLRC after a renewed bid of 4p per share, up from its previous bid of 3.35p per share.Hallwood also… Continue reading UKRD wins battle for The Local Radio Company
James Smythe of Culture of Insight draws conclusions from his research into the health of market research in the media and advertising business…In good times past, market research has informed the creation of quality media products and services, and provided a great story to help sell them. But times are different. Businesses are looking for… Continue reading “A good story cannot be devised, it has to be distilled”
Global Radio’s chief executive Ashley Tabor has said he expects the radio group to hold its underlying operating profits flat for the 12 months to the end of March, despite a slump in ad revenues.Tabor said Global, which owns stations including Classic FM and Capital, will report underlying profits of around £31 million despite seeing… Continue reading Global Radio chief predicts steady profits
Mobile adspend was up 99.2% year on year in 2008, hitting £28.6 million, according to a new study by the Internet Advertising Bureau and PricewaterhouseCoopers.The research shows that paid-for-search advertising on the mobile internet accounts for £14.4 million, 50.2% of all mobile advertising spend, while mobile display advertising – which includes banners, text links, tenancies… Continue reading IAB: UK mobile adspend hits £28.6m in 2008
BSkyB has criticised the BBC Trust’s decision not to conduct a full market impact review of Project Canvas and said the proposed service is “likely to qualify” for an OFT investigation.BSkyB argued that the BBC’s proposals for the joint broadband TV venture with ITV and BT are not clear enough for a proper consultation, which… Continue reading BSkyB criticises handling of Project Canvas
Clear Channel Outdoor has reported a 25% year on year fall in revenues in the first quarter of 2009, from $775.6 million to $582.2 million.The company’s international division – including the UK – suffered a 29% revenue decline year on year in Q1, down to $312 million.It said the loss was primarily attributable to a… Continue reading Clear Channel Outdoor reports Q1 fall in revenues
