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Virgin Media has announced that its fourth quarter earnings before interest, tax, depreciation and amortization, increased by 2.6% to £321 million from £313 million. The cable company also revealed that its revenue fell by 2.9% to £1.05 billion from £1.08 billion year-on-year. However, it added 24,000 net cable customers in Q4 2007, while churn dropped… Continue reading Virgin Media Q4 Earnings Increase

A new report from eMarketer forecasts that 42.8 million Britons will go online in 2012, accounting for about 70% of the population. The UK Internet Users and Usage report says that although the UK is a mature broadband market, penetration is still increasing steadily, with survey data suggesting that 90% of at-home users will enjoy… Continue reading 70% Of UK Will Go Online In 2012

Trinity Mirror has announced that its pre-tax profits reached £203 million in 2007, following the disposal of titles in the south east and The Racing Post. Its revenues for the year were £1.009 billion, compared with £1.073 billion in 2006. Digital revenues at the company now represent 3.7% of total revenues and 6.7% of advertising… Continue reading Trinity Mirror Profits Up

Music applications are the fastest growing services on mobiles, according to a new report from TNS Global Technology. The TNS Global Telecoms Insight study, which interviewed 16,000 respondents across 29 countries, found in the last year that the use of MP3 players on mobile phones has risen by 78% and the use of radio via… Continue reading Music Applications Are Fastest Growing Services On Mobiles

Marketers worldwide believe that 65% of their marketing spend had no discernible effect on consumers in 2007, according to a new report from the Fournaise Marketing Group.The Global Marketing Effectiveness report surveyed 3,000 marketing professionals, questioning them on a range of issues such as the efficacy of different marketing tools and the pressures and concerns… Continue reading Report Claims Marketing Effectiveness At All Time Low

The camp drama of Hotel Babylon was a big hit last night, with guest star Alan Davies helping to bring in a peak audience of 5.1 million adults.The BBC One show, on at 9pm, had an average audience of five million adults (a 23% share).It was a strong night for the Corporation’s main channel, with… Continue reading 5.1m Adults Check Into Hotel Babylon

The Daily Sport is undergoing a relaunch from Monday which will give it a lads’ mag outlook.The relaunch will eventually see the paper get a new cover and a fresh news layout as well as extended football coverage, which are intended to give it the feel of magazines such as Nuts and Zoo.The first phase… Continue reading Daily Sport Gets Revamp

Thinkbox, the television marketing body for the UK’s main commercial broadcasters, has commissioned a major new independent study to examine how TV programme sponsorship works.The study will include detailed examination of the implicit and associative effects of sponsorship and how it can best be evaluated and measured.Thinkbox has commissioned research consultancy Duckfoot to carry out… Continue reading Thinkbox Commissions Major Research Into TV Sponsorship

There are still 26 million television sets in the UK which need to be converted to digital or replaced before switchover, according to a new report from The National Audit Office.Although the report found that 85% of households have already switched from analogue to digital TV for their main set, 31% of people do not… Continue reading 26m TV Sets Still To Go Digital

Google’s share price suffered a fall last night, closing at its lowest point for nine months. The online giant saw its share price fall to $464.19 (£233.75) by close of trading yesterday. Since a November peak of $747.24, Google’s shares have fallen 38%. The dip followed the publication of data by online analyst comScore which… Continue reading Google’s Share Price Falls