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Reed Elsevier today reported a 3% increase in pre-tax profits for the first half of 2003 and expressed confidence that full year revenue growth targets will be reached. The Anglo-Dutch publisher outperformed analysts’ expectations and the market as a whole partly as a result of a 4% rise in revenues at the science and medical… Continue reading Reed On Target As Profits Rise In H1

ITV partners, Carlton and Granada, were in focus again yesterday after a note from leading brokers, Morgan Stanley, reiterated an underweight rating for the two groups.According to analysts, there are likely to be incremental costs if Carlton and Granada’s sales houses are spun off to enable their merger to go through. These are expected to… Continue reading Sharewatch: ITV Partners Fall On Negative Guidance

The emergence of the ‘multichannel consumer’ – an evolutionary descendant of the online consumer – is leaving media companies with the costs of providing integrated cross-channel content with virtually no associated upswing in revenues. Forrester Research has identified this new consumer profile after tracking the changing behaviour and demographic of the online consumer that was… Continue reading Multichannel Consumers Demand More Content But Offer Little Revenue

Channel Five has unveiled its autumn programming schedule, which features a new fly-on-the-wall series following the life of former boxer Chris Eubank.The At Home With The Eubanks show will be the lynchpin of the channel’s original programming and Five will also screen a special boxing match between Eubank and Nigel Benn.The popular ex-BBC2 show, Robot… Continue reading Five Banks On Reality For Autumn Schedule

US magazine advertising revenues increased by 7.9% year on year in July, reaching $1.2 billion, according to the latest figures from the Publishers Information Bureau (PIB). Whilst revenues rose, the number of advertising pages was more or less flat during the month, down 0.2% at 14,696. In the year to date, ad revenues rose by… Continue reading US Magazine Ad Revenues Climb 8% In July

Rupert Howell, the former founding partner of HHCL & Partners, is to become president of McCann-Erickson’s Europe, Middle East and Africa group and chairman of the UK and Ireland group.The appointment ends weeks of speculation and will see Howell take a place on the McCann-Erickson Worldwide board. He replaces Ben Langdon who was ousted from… Continue reading Howell To Head Up McCann-Erickson Europe

The number of mobile users worldwide will surpass two billion by 2007, although the growth rate between now and then will slow almost to a standstill, according to projections from InStat/MDR. This ‘catastrophic slowdown’ comes as penetration in western Europe approaches 83.6% in 2007 – a virtual saturation point in the market. As a result,… Continue reading Western European Mobile Market Will Hit Saturation By 2007

Reed Elsevier today reported a 3% increase in pre-tax profits for the first half of 2003 and expressed confidence that full year revenue growth targets will be reached.The Anglo-Dutch publisher outperformed analysts’ expectations and the market as a whole partly as a result of a 4% rise in revenues at the science and medical unit,… Continue reading Reed On Target As Profits Rise In H1

NatMags’ glossy monthly title for women, Company, has secured FreshLook Colour Contact Lenses to sponsor this year’s High Street awards.The sponsorship package includes full sponsorship of the competition, which will launch in the September edition of Company to find the best brands on the high street. The competition will be promoted by an editorial survey,… Continue reading Company Secures FreshLook For High Street Awards

ITV advertising is expected to fall by 5.0% in September and by 3.2% in the full year, according to forecasts from Morgan Stanley. Other reports predict that the total TV market will return to a slight positive growth of 0.7% in September.Also On MediaTel Insight Today…Three-Way Battle For Mobile Football RightsVodafone and BSkyB have joined… Continue reading MediaTel Insight: ITV Revenues To Fall 3.2% In 2003, Says Morgan Stanley