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Online auction sites, in particular eBay, are the main retail beneficiaries of the social networking phenomenon, according to new research from Hitwise, receiving 31.4% of all downstream traffic that social networks send to shopping and classifieds sites.The online intelligence service added that the more traditional retail categories – department stores and apparel and accessories sites… Continue reading Online Auction Sites Main Retail Beneficiaries Of Social Networking

Virgin Media has unveiled a range of new kids, entertainment and movie channels for its television line-up. The channels – from CSC Media Group Ltd (CSC) and Sparrowhawk Media Group – launch this month.From today, Virgin Media TV customers will be able to enjoy Diva TV and Movies 24+, from Sparrowhawk Media Group. Diva TV… Continue reading Virgin Media Unveils New Channels

US online holiday retail sales will grow to over $39 billion in 2007, an increase of 20% over last year’s holiday season, according to a new forecast from JupiterResearch. According to a new JupiterResearch report, US Online Retail Holiday Forecast, 2007, a record 126 million users, a 6% increase over last year, will buy online… Continue reading US Online Holiday Retail Sales To Reach $39b

Last week in the City we saw WPP announce that its third quarter revenues were up 4.9% to £1.48 billion.The group reported constant currency growth of 5% in the UK, compared with 3.7% in the first half, whilst North American revenues were up 8%, compared with 8.3% in the first half (Full Story).Search engine giant… Continue reading Media In The City: WPP’s Q3 Revenues Up 4.9%

Pearson, which owns the Financial Times and Penguin, has announced that for the first nine months of 2007, underlying sales were 6% higher and operating profits 20% higher than in the same period last year. The group said that for the full year, it remains on course to achieve strong underlying growth on its key… Continue reading Pearson Operating Profits Up 20%

New research from eMarketer has found that consumers from Western European nations such as France, Germany, Italy, Spain and the United Kingdom are among the world’s keenest users of the web. However, eMarketer says that there are still differences in the rates of internet usage and broadband penetration from country to country. Karin von Abrams,… Continue reading Western European Consumers Amongst keenest Web Users

GMG Radio is terminating its advertising sales contract with Global Radio after negotiations broke down last week.The sales contracts were inherited by Global Radio when it acquired Chrysalis earlier this year (see Chrysalis Radio To Sell For £170 Million).It now looks likely that GMG will give the contract to GCap Media, which currently sells national… Continue reading GMG Ends Ad Sales Contract With Global Radio

New ITV1 comedy drama, Catwalk Dogs, was watched by 4.6 million adult viewers on average last night, giving the channel a 21.7% audience share between 9pm and 10.30pm.The feature-length romantic comedy about the weird world of dog shows starred Kris Marshall, aka the particularly annoying one from My Family or the BT guy, and a… Continue reading Palin’s Travels Continue To Triumph

September saw a marked improvement for all the terrestrial channels following on from last month’s year on year losses. The best year on year performance came from ITV breakfast station GMTV, which rose by 14.3% to stand at £ 5.51 million.ITV1 network revenue increased by 3.4%, to stand at a total of £ 136.05 million.… Continue reading TV Market Round-Up – September 2007

The Sun has become the first UK national newspaper to launch a .mobi web site with content made specifically for mobiles.thesun.mobi site gives readers access to the paper from any mobile phone or device that can access mobile internet services.Readers now have free access to the top 10 online stories for news, sport, Bizarre and… Continue reading The Sun Launches Mobile Website