Business-to-consumer (B2C) ecommerce revenues in Europe are set to surpass $240 billion by 2006, representing a rise of 300% over 2003’s projected $60.7 billion spend, according to eMarketer figures.Also On MediaTel Insight Today…European Mobile Penetration Will Hit 80% Ceiling, Says ForresterMobile phone usage in Europe is likely to hit an 80% penetration saturation point around… Continue reading MediaTel Insight: European B2C Ecommerce To Pass $240bn By 2006
Active Value, the UK fund management service and the largest shareholder in Cordiant Communications, has again increased its stake in the group, this time buying 113.4 million shares. The purchase raises Active Value’s stake in Cordiant to 27.1%, comfortably past the 25% mark at which it has the power to block the proposed takeover of… Continue reading Active Value And Unknown Investor Buy Cordiant Shares
Business-to-consumer (B2C) ecommerce revenues in Europe are set to surpass $240 billion by 2006, representing a rise of 300% over 2003’s projected $60.7 billion spend. This is according to new figures from eMarketer‘s Europe E-Commerce: B2B & B2C report, which shows that there will be an annual growth of approximately $60 billion between now and… Continue reading European B2C Ecommerce To Pass $240bn By 2006
WPP was seen in focus, up 2.63%, despite news Active Value, the investment group seeking to block the acquisition of Cordiant Communications, has increased its stake in the troubled advertising group once more (see Sorrell Stands Firm On Cordiant Deal).Elsewhere Reuters was seen in the spotlight, up 4.85%, benefiting from optimism amongst traders about its… Continue reading Sharewatch: WPP Rises On Cordiant Deal
More than half of UK mobile users believe that there is nothing of interest that their mobile phone could offer other than the standard voice and text applications, according to a survey by Mediaedge:cia. However, the survey of 500 adults found that whilst the majority are not interested in any of the advanced services of… Continue reading Over Half Of UK Mobile Users Uninterested In Advanced Services
TalkSPORT has secured the new 11 88 88 directory service for a special promotion across its “No Nonsense” sports breakfast show.The £40,000 promotion deal, which begins later this month, will invite listeners to answer a variety of Formula 1 questions in order to win cash prizes. The competion will feature the new directory service’s strapline,… Continue reading TalkSPORT Secures New Directory Service For Promotion
Dennis Publishing has announced the appointment of Michael Hodges as editor of its flagship men’s lifestyle magazine, Jack, following its recent acquisition of I Feel Good Publishing (see New Acquisition Makes Dennis Feel Good).Hodges was formerly executive editor of Maxim and Maxim Fashion and has written for titles including The Observer and The Sunday Times.His… Continue reading Dennis Publishing Announces New Editor At Jack
The ASA has dismissed complaints against a national press ad for The Observer Food Monthly magazine, which featured a bottle of diazepam on a spice rack.Complainants objected to the ad, which carried the strapline ‘The Food and Sex Special’, on the grounds that it was offensive to those who have suffered from depression. They also… Continue reading ASA Dismisses Complaints Against Observer Drug Ad
The Government has ended the deadlock over the relaxation of the media ownership regulations and has agreed to accept Lord Puttnam’s plurality test amendment to the Communications Bill. In an attempt to avert a last minute defeat in the House of Lords, which would effectively end three years of policy making, Culture Secretary, Tessa Jowell,… Continue reading Government Ends Media Ownership Deadlock
Troubled advertising group Cordiant Communications was seen under pressure once again yesterday, down 9.09%, as WPP increased its grip on the group after buying out its remaining creditor.Profit takers also moved in on ITV merger partners, Carlton and Granada, which were seen down 3.635 and 3.30% respectively.Media investors will today consider reports that a last… Continue reading Sharewatch: Cordiant Falls Ahead Of Take-Over
