The BBC placed further pressure on its commercial rivals last year by increasing its spend on programmes and services by a further £346 million, according to the Corporation’s Annual Report & Accounts for 2002/2003.The report, published today, shows that almost 93% of the population used BBC services across radio, television and online during the course… Continue reading BBC Annual Report Reveals Increased Programming Budget
Revenue generated from public wi-fi hotspots – areas where wireless devices can connect to networks like the internet – could rise by as much as 121% compound annual growth rate over the next five years, according to a new report from Allied Business Intelligence (ABI). ABI says that wi-fi hotspots are continuing to garner attention… Continue reading Wi-Fi Hotspots On Verge Of Growth, Says Report
Yahoo! has agreed to purchase online advertising company Overture in a deal worth over £1 billion.The agreement will see Overture become a wholly owned subsidiary of Yahoo!, which will take-over as the largest global player in the rapidly expanding search targeted marketing sector.Overture’s chief executive, Ted Meisel, will continue to head up the company’s operations… Continue reading Yahoo! Acquires Overture In £1bn Deal
Pressure on DSL broadband operators to cut prices could lead to the introduction of unsustainably cheap service offerings, according to analysts at Ovum. The consulting group warns that US and European DSL operators could fall into the same competition trap that has been experienced in Japan and South Korea, where prices for broadband access services… Continue reading DSL Operators Should Resist Slashing Broadband Prices, Says Ovum
The Financial Times has appointed Ben Hughes to the newly created role of worldwide advertising director.Hughes, previously director for Continental Europe, Middle East, Africa and Asia Pacific, will now take on responsibility for FT’s print and online advertising sales operations around the globe.He will continue to report to Olivier Fleurot, chief executive officer for the… Continue reading FT Appoints Hughes As New Worldwide Ad Director
The IPA’s quarterly Bellwether report, published today, has quashed hopes of an improvement in fortunes for the advertising industry by revealing that marketing budgets were revised down again during the second quarter of this year.The report attributes the cut in budgets, which was the worst since Q4 2001, to disappointing sales and revenue growth, as… Continue reading Bellwether Reveals Continuing Uncertainty For UK Marketers
Revenue generated from public wi-fi hotspots – areas where wireless devices can connect to networks like the internet – could rise by as much as 121% compound annual growth rate over the next five years, according to a new report from Allied Business Intelligence (ABI).Also On MediaTel Insight Today…IPA Report Shows Few Signs Of Marketing… Continue reading MediaTel Insight: Wi-Fi Hotspots On Verge Of Growth
The underlying rate of UK inflation fell to 2.8% in June, down by 0.1% on the previous month, according to the latest figures from the Office Of National Statistics (ONS).The headline rate of inflation, which includes mortgage interest payments, fell by 0.2% to 2.9% during June, but remained above the Government’s target of 2.5%.ONS has… Continue reading UK Inflation Falls Again During June
Jane Parbury, editor of the UK s biggest-selling homes magazine Ideal Home has resigned to concentrate on new career challenges.Prior to her editorship of Ideal Home, Parbury was editor of IPC s 25 Beautiful Homes and launch editor of 25 Beautiful Kitchens.Commenting on her departure, Yvonne Ramsden, publishing director at Ideal Home, said: I should… Continue reading Parbury Resigns As Editor Of Ideal Home
Cordiant remained in focus yesterday, down 12.5% after French advertising group, Publicis, attempted to prevent an investigation from the Financial Services Authority, claiming it had not created a false market in Cordiant‘s shares.The take-over deal has become somewhat cloak and dagger following news the mysterious Syrian-born chess promoter, Nahed Ojjeh, has increased her stake in… Continue reading Sharewatch: Cordiant Falls As Take-Over Saga Drags On
