French-owned internet giant Wanadoo has slashed the price of its standard broadband package to less than £20 per month in a move that will heap further pressure on rivals to lower the cost of their own high-speed offerings.The company, which changed its name to Wanadoo from Freeserve earlier this year, will offer its one megabit… Continue reading Wanadoo Slashes Prices For Broadband Users
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By the end of 2007, the number of US households receiving digital television services will rise by over 60% to 70.3 million, says a new report from eMarketer. According to the just released US Digital TV: On-Demand and High Definition report, digital television household penetration will grow from 44.2 million households at the end of… Continue reading Digital TV Penetration To Overtake Broadband
Informing Interactive Television has launched a survey investigate what issues would arise if Europe adopted a standard platform to deliver interactive television. The TV Standards Survey, is designed to gather opinion from those working in the interactive television market and establish what problems they face when delivering services to more than one platform. It is… Continue reading Survey To Investigate Delivery Of Interactive TV
The value of the worldwide internet video subscription market is set to grow to more than $4.6 billion by 2008, says a new report from In-Stat/MDR. According to the high-tech market research firm, this sector is set for rapid expansion as it continues to extend its reach to include different types of content, such as… Continue reading Internet Video Subscriptions To Grow To $4.6 Billion By 2008
Regional newspaper publisher, Johnston Press, has today announced that pre-tax profit for the first six months of this year rose by 16% to £77.3 million, spurred by greater than expected advertising revenue. Operating profit at the group from January to June 2004, jumped 9.5% to £92 million, fuelled by an overall growth of 6% from… Continue reading Profits At Johnston Press Fuelled By Ad Revenue
Commercial broadcaster ITV has disposed of Carlton Books for an undisclosed sum as part of its £600 million programme to sell-off non-core assets. The sale of the non-fiction book publisher, which was a management buy-out, is expected to be the first of many and will be followed by the sale of the Moving Picture Company,… Continue reading ITV Starts Disposal Of Non-Core Assets With Carlton Books
Worldwide revenues from mobile data services will rise to $189 billion by 2009, up from $61 billion this year, says a new report from Strategy Analytics. According to the Wireless Internet Applications report, communication, which includes text, photo and video messaging will be the largest source of income, generating 46% of total mobile revenues. Mobile… Continue reading Revenues From Mobile Messaging To Triple By 2009
US advertising spending rose by 6.4% in the first half of this year, fuelled by a spending increase in political and traditional advertising, according to preliminary figures released from Nielsen Monitor-Plus.Advertising dollars were up across all 10 of the reported media, said the advertising intelligence service division of Nielsen Media Research, with the largest single… Continue reading US Ad Spending Grows By 6.4% In First Half Of 2004
WPP performed well yesterday, increasing its share price by 1.02% to close at 493p as the global advertising giant revealed it is considering a £500 million rights issue preceding the purchase of American advertising group, Grey Global.Chief executive of WPP, Sir Martin Sorrell, said last week that he is looking at Grey’s books, but did… Continue reading Sharewatch: WPP Sees Rise As Grey Bid Considered
Associated Newspapers has announced the appointment of Kevin Beatty as its new managing director, replacing Murdoch MacLennan, who is leaving the company to become chief executive of the rival Telegraph Group.Beatty, who is currently managing director of Northcliffe Newspapers Group, is a widely respected newspaper executive with a significant amount of industry experience. As well… Continue reading Associated Appoints Beatty As New Managing Director
