Media stocks suffered a poor day’s trading across the board yesterday, with most companies dropping in share price. United Business Media saw a 0.56% rise, to close at 491žp. David Levin, chief executive of Symbian has recently been named as the new chief executive officer of publishing and media group United Business Media PLC. He… Continue reading Sharewatch: Media Stocks Drop As Market Falters
Information publisher Reed Elsevier saw the biggest jump in share price, gaining 2.86% to close at 494źp, making them the leaders of yesterdays market.The rise follows a downbeat trading statement issued by the company in November which predicted that investors would see a stagnation in earnings growth this year.Elsewhere, broadcaster Scottish Media Group saw its… Continue reading Sharewatch: Reed Up Despite Predicting Stagnant Earnings
JanuaryNews that the UK was the the world’s ninth largest broadband country set 2004 off to an optimistic start in January, with research firm Point Topic stating that broadband is “clearly established as one of the fastest growing new technologies in history” (see UK Becomes A High Speed Haven For Internet Users).Online advertisers were also… Continue reading NewsLine End Of Year Round-Up: New Media
The Interactive Advertising Bureau has announced the appointment of its new chief executive, selecting former head of advertising at Vodafone, Guy Phillipson, to be Danny Meadows-Klue’s successor at the industry body.Phillipson has been head of advertising at Vodafone since July 1999, with his responsibilities including annual brand, consumer, business, new media and sponsorship expenditure of… Continue reading IAB Appoints New Chief Executive To Replace Meadows-Klue
Britain’s mobile phone users welcomed in 2005 with a record-setting flurry of text messages, according to the Mobile Data Association, sending a massive 133 million texts between midnight on 31 December 2004 and midnight on January 1st.The total recorded messages sets a new record daily total, with person to person texts sent across the UK’s… Continue reading New Year Text Message Craze Sets Record
Channel 4 has announced that it will now donate an extra percentage of the revenue generated by votes for Celebrity Big Brother to the south east Asia tsunami relief effort, resulting in all profits from viewer voting being donated to charity.The broadcaster had previously pledged to donate 16p of every vote via telephone, mobile and… Continue reading Channel 4 Donates Big Brother Vote Revenue To Tsunami Relief
The Radio Advertising Bureau has delivered a damning appraisal of the Newspaper Marketing Agency’s recent Measuring Advertising Effectiveness of Newspapers study, claiming that the methodology used was unsuitable and has resulted in radio broadcasters being shown in a poor light.The RAB stated that it had received several questions from heads of radio and radio sales… Continue reading RAB Picks Holes In NMA Ad Effectiveness Study
Advertising expenditure in the UK looks set to grow steadily in 2005, the industry’s most credible prognosticators have predicted. Forecasts made at the end of 2004 by ZenithOptimedia, Universal McCann, the Advertising Association (AA) and Interdeco all look forward to a slow but solid increase in adspend in the coming year. While the burst of… Continue reading UK Advertising Growth Slow But Steady In 2005
Independent media communications specialist, Carat, has today released revised advertising growth forecasts for 2004, saying that continued recovery in the European markets has helped fuel global adspend ahead of previous expectations, up 6% year on year. In September last year, Carat predicted that advertising expenditure for 2004 would close 5.7% (see Carat Revises 2004 &… Continue reading European Growth Fuels 2004 Global Adspend
The number of US digital television households looks set to rise to 70.3 million in 2007, up 60% on 2003’s total of 44.2 million, an increase of 21.6 million homes, predicts eMarketer. The US forecast specialist has estimated that, by 2007, there will be 38.7 million cable subscribers and 30 million satellite subscribers, with just… Continue reading US Digital Penetration Up 60% By 2007
