The world’s internet population increased by 3% in the final quarter of 2002, according to the latest Global Internet Trends Report from Nielsen//NetRatings. There are now 580 million people worldwide accessing the web from a home PC.Also On MediaTel Insight Today…E-Retail Sites Avoid New Year HangoverAfter a bumper month in December, UK consumers continued to… Continue reading MediaTel Insight: Internet Usage Still Growing Worldwide
Granada has hired John Bridgeman, a former director general of the Office Of Fair Trading (OFT), to advise it on the tricky regulatory path to its proposed merger with ITV partner, Carlton (see ITV Merger Set For Competition Commission Referral). It is understood that Bridgeman is one of a number of influential figures to have… Continue reading Former OFT Director To Advise On ITV Merger
Trinity Mirror is due to release its full-year financial results on 27 February and analysts at ABN AMRO are forecasting that pre-tax profits (before exceptionals) will be down by 3.0% at £148.1 million, whilst total sales will fall by 3.7% to £1.1 billion. New chief executive, Sly Bailey, will give her first presentation for the… Continue reading Analysts See Trinity Mirror Profits Down By 3% In 2002
Pre-tax profits at advertising and communications giant, WPP, tumbled by 50% to £205.4 million in the year ended 31 December 2002, indicating the severity of the worldwide recession and its impact on advertising and marketing services. The group this morning said that conditions are to remain tough throughout the remainder of this year. Budgets are… Continue reading WPP Profits Fall 50% In The Face Of Recession
The success of the new digital terrestrial platform, Freeview, has hit ITV harder than expected and is hastening its loss of audience share, according to a report from influential broker, Morgan Stanley. In its latest guidance note, the broker states that the new digital terrestrial platform is having a negative effect on ITV, which is… Continue reading Freeview Launch Hits ITV Harder Than Expected
The planned formation of a dominant satellite television group in Italy looks set to go ahead without regulatory obstruction, according to an article in the Financial Times today. It is the merger of News Corp’s Stream division with Telepiù, the pay-TV arm of Vivendi Universal, that will create the country’s largest satellite operator – Sky… Continue reading News Corp’s Telepi
ITV partners, Carlton and Granada, were both seen under pressure yesterday after Morgan Stanley cut its price target for the duo. It is understood the broker estimated that BBC channels were taking 43% of viewers in homes connected to the Freeview service, substantially weakening ITV1’s likely growth revenues.The market’s unease with the broadcasters was further… Continue reading Sharewatch: ITV Partners Rocked By Broker Comments
London-based Heart 106.2 is to run a week long promotional campaign for Walt Disney World on its breakfast show.The promotion, which will begin next week, will include a daily competition to win a family holiday to Walt Disney World in Florida. Listeners will be invited to call in and answer as many Disney related questions… Continue reading London Based Heart 106.2 To Run Disney Promotion
The Newspaper Society (NS) has criticised the Government’s plans to overhaul the regional and local newspaper industry and has called for a series of amendments to the Communications Bill.The organisation has rubbished the Government’s assertion that the Communications Bill, which is due to become law later this year (see Government To Press On With Communications… Continue reading Newspaper Society Attacks Government Over Regional Plans
The success of the new digital terrestrial platform, Freeview, has hit ITV harder than expected and is hastening its loss of audience share, according to a report from influential broker, Morgan Stanley.In its latest guidance note, the broker states that the new digital terrestrial platform is having a negative effect on ITV, which is losing… Continue reading Freeview Launch Hits ITV Harder Than Expected
