Internet giant Yahoo! has reported a $303 million (£212 million) net loss in the fourth quarter, although its revenue was up for the period. The company’s net income for the whole of 2008 was down 36% on 2007 to $424 million. Yahoo! said that the loss was due to restructuring charges related to layoffs and… Continue reading Yahoo! reports $303m net loss in Q4
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The increasing availability of broadband-enabled mobile networks will underpin continued strong growth in mobile phone usage in Brazil, Russia, India and China, according to a report published by Juniper Research. Mobile phone usage in the BRIC markets will grow from 1.21 billion in 2008 to 1.64 billion by 2013, said Juniper. The report also found… Continue reading Strong mobile usage growth forecast in BRIC markets
BBC Radio 2 continues to have the highest weekly reach of all the national stations at 13.5 million listeners, according to the RAJAR figures for Q4 2008, following a year on year rise of 5%.BBC Radio 1 was not far behind, with 10.5 million listeners, although it was down both year on year and period… Continue reading BBC Radio 2 remains top national station
Hannah Barnes, Five’s director of programmes for Fiver and Five USA, is leaving the broadcaster following the relaunch of the digital channels.Five Life rebranded as Fiver at the end of April last year as the broadcaster sought to attract a younger audience (see Fiver Gets Launch Date).Barnes also managed the rebranding of Five’s other digital… Continue reading Hannah Barnes to leave Five
The latest RAJAR figures, for the fourth quarter of 2008, show that All Commercial radio enjoyed a year on year increase in weekly reach, although its average hours per listener figure was down over the same period.All BBC also saw its average hours per listener figure drop year on year, while its weekly reach showed… Continue reading Weekly reach increase for commercial radio
Sky is set to reduce the cost of its Sky+ HD set-top box and take on 1000 more staff in a bid to get more people to sign up for high definition TV.The satellite broadcaster added 171,000 customers in the second quarter of 2008, taking its total customer base to 9.2 million – over 50%… Continue reading Sky booms in the economic downturn
As the industry contemplates the future of television following Ofcom’s PSB review and ahead of the imminent publication of Lord Carter’s ‘Digital Britain’ report, new figures show that broadcast TV viewing reached a record high last year.TV viewing figures from BARB show that the average person watched 26 hours and 18 minutes of TV each… Continue reading TV viewing reaches a record high
The Financial Times has launched a mobile version of its website, in a bid to attract younger users, following the news that FT.com reached the 1 million user mark for the first time.The website, which will be available to mobile users at m.ft.com, will be consistent with the new FT.com design but will offer a… Continue reading FT.com launches new mobile version of website
Online auction site eBay has appointed its first director of advertising partnerships for the combined territories of the UK, Ireland and pan-EMEA.The move – part of the firm’s plans to bolster third-party revenue deals – sees Philip Rinn, formerly director of advertising partnerships for Ebay Advertising International, take on the role.Rinn will lead the auction… Continue reading eBay creates UK, Ireland and EMEA advertising hub
TV ad spend is predicted to fall from £3.46 billion in 2007 to £2.81 billion in 2010, despite record numbers of TV viewers, according to new research by Enders Analysis.The findings show that the first three months of this year could be down by as much as 20%, with ITV performing in line with the… Continue reading TV ad spend down despite increase in viewers
