First quarter revenues at global advertising and communications group, WPP, dropped by 3.9% to £908.5 million, slightly ahead of analysts’ expectations. The regional variations showed North America up by 1.4% in constant currencies, whilst in Europe, the UK was down 3.5% and continental Europe up 3.5%. Revenues from the Asia Pacific, Latin America, Africa and… Continue reading WPP Sees Weak UK Revenues, But Improving Outlook
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Broadband revenues generated from sport-related content are set to increase from $344 million last year to $6.4 billion globally by 2008, according to a new forecast from Screen Digest. The Global Business of Sports Television report says that consumer use of broadband services to access data, play sports-related games or watch additional coverage of sport… Continue reading Broadband Sport Content To Generate $6.4bn By 2008
Multi-channel broadcasters are continuing to increase in popularity and have overtaken their main terrestrial rivals in the ratings, according to the latest unofficial viewing figures. The data shows that multi-channel television accounted for 26.1% of all viewing in the week ending Sunday 20 April, while BBC1 made up 23.9% and ITV1 accounted for 23.8%. The… Continue reading Multi-Channel TV Overtakes Terrestrial Rivals
Almost a quarter of Europeans will purchase online content and services by 2007, spending a total of around ₏3.2 billion, according to forecasts from Jupiter Research. The research shows that the sector is still fairly nascent, with only 9% of European consumers buying these services via the web in 2003 and generating revenues of ₏693… Continue reading European Online Content Spend To Hit €3.2bn By 2007, Says Jupiter
WPP was seen in focus on Thursday as investors considered the potential cost of the effects of the Sars virus on the global advertising market. The stock was seen down 1.05%.The fall came in spite of a series of unusually bullish comments from WPP chief executive, Sir Martin Sorrell, who said there were “significant” signs… Continue reading Sharewatch: WPP Falls On Sars Concerns
National commercial speech radio station TalkSPORT has secured computer games company, Codemasters, as the sponsor of its championship snooker coverage.The month-long deal, which encompasses the Regal Scottish Open and the Embassy World Championships, is designed to raise awareness of the latest sports simulation game from the computer games group.The sponsorship will include an on-air competition… Continue reading Sponsorship Deal Sends TalkSPORT Snooker Loopy
Channel 4 has announced plans to launch a new version of its digital entertainment channel, E4, as losses at its commercial division, 4 Ventures, more than halved.The new delayed broadcast channel, known as E4 +1, will launch across digital, satellite and cable platforms in July. It will carry an identical schedule to E4, but will… Continue reading Channel 4 Plans New Launch As 4 Ventures Cuts Losses
Multi-channel broadcasters are continuing to increase in popularity and have overtaken their main terrestrial rivals in the ratings, according to the latest unofficial viewing figures.The data shows that multi-channel television accounted for 26.1% of all viewing in the week ending Sunday 20 April, while BBC1 made up 23.9% and ITV1 accounted for 23.8%.The highest rated… Continue reading Multi-Channel TV Overtakes Terrestrial Rivals
The current Premiership TV broadcasting contracts, worth £1.6 billion over four years, expire in 2004. With regulators now questioning the way football rights are bought and sold, Simon Ward of MediaTel Insight explains why negotiations to broker a new deal are unlikely to be straightforward…As the English football season draws to a close, two powerhouses… Continue reading NewsLine Column: Moving The Goalposts On Football Rights
Pearson, the international media company which owns the Financial Times, today said that the increased economic uncertainty caused by the war in Iraq has had an impact on current trading, especially at its business newspapers, where advertising revenues have fallen significantly in recent weeks.The company’s FT Group, which accounts for 17% of revenues, has seen… Continue reading FT Ad Revenue Drops 18% In Twelve Months, Says Pearson
