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Lord Currie, the chairman of the new communications super-regulator, Ofcom, has pledged his support for co-regulation of the broadcast advertising industry.Speaking at the annual Advertising Association lunch yesterday, he commented: “Regulatory intervention should involve the least intrusive method possible to achieve the regulatory and public policy requirements we must discharge. This means a greater reliance… Continue reading Currie Pledges Support For Co-Regulation Of Industry

Recent forecasts show that more than $50 billion will be spent on online purchases in the US this year and there are signs that internet retailers are prospering at the expense of their offline rivals. A report from The Media Audit shows that 29.6 million US homea have made five or more online purchases in… Continue reading INSIGHTanalysis: US Ecommerce Estimates & Forecasts

Week on week analysis of the media market shows that GWR saw the sector’s biggest decline, dropping 5.23% following news that the Competition Commission has blocked the group’s bid to buy Chrysalis Radio’s Galaxy 101 and merge it with Vibe FM (see Competition Commission Blocks GWR’s Acquisition Of Galaxy 101).Elsewhere, beleaguered advertising group Cordiant remained… Continue reading Sharewatch: GWR Falls As Commission Blocks Galaxy Deal

UK magazine publisher, Highbury House Communications, says that trading in the first quarter of the year has been encouraging, with profits ahead of last year. The group says that the consumer portfolio is performing well, although difficult conditions remain in the business publishing market. However, a few business sectors have shown some improvement. Trading figures… Continue reading Highbury House Sees Encouraging Trading, Despite Iraq Glitch

BT is today unveiling plans for a wireless broadband network in 1,000 pubs, cafés and restaurants across the UK, in an attempt to increase the popularity of its high speed internet services.According to reports, the broadband service, known as WiFi, will allow customers to use their laptops to link wire-free into the national broadband network.… Continue reading BT To Transform Pubs And Cafés In To WiFi Hotspots

Deals that see advertisers agreeing to commit a proportion of their budget to ITV in return for air-time discounts, could be banned by the Competition Commission if the proposed merger of Carlton and Granada is allowed to go ahead. The ban is one of a number of suggestions being put forward by the Commission, which… Continue reading Competition Commission May Ban ITV Share Deals

UK magazine publisher, Highbury House Communications, says that trading in the first quarter of the year has been encouraging, with profits ahead of last year.The group says that the consumer portfolio is performing well, although difficult conditions remain in the business publishing market. However, a few business sectors have shown some improvement.Trading figures for April… Continue reading Highbury House Sees Encouraging Trading

US advertising spend rose by 1.5% year on year in the first quarter, according to preliminary figures from Nielsen Monitor-Plus, the advertising information service of Nielsen Media Research. Hispanic television showed the greatest gain, at 15%, while national magazines grew 14%, and local newspapers rose almost 9%. US Advertising Growth, Q1 2003       … Continue reading US Advertising Grows 1.5% In First Quarter

A peak of 9.6 million viewers tuned into BBC1 last Saturday to watch Arsenal’s victory over Southampton, giving the channel its best FA Cup Final viewing figures for three years.Unofficial overnight data from BARB show that the game, which kicked off in Cardiff’s Millennium Stadium at 3pm, was watched by an average of 8.6 million… Continue reading BBC’s Cup Runneth Over With Arsenal Victory

The UK business-to-business (B2B) press market has now seen the worst of the downturn, according to industry commentators who are forecasting that trading conditions are on the road to improvement. The PPA‘s B2B Strategic Conference was told that there will be steady growth in the sector over the next twelve months. Speaking at the conference,… Continue reading UK Business Press Set To Emerge From The Doldrums