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More internet users than ever went online to browse and buy from shopping sites during the 2002 holiday season. That is the conclusion of a new report produced by market researchers at Retail Forward. A survey carried out in the week after Christmas revealed that 88% of US internet users shopped online and 75% actually… Continue reading Online Shopping Commonplace At Christmas, Says Report

The acquisition of Galaxy Radio Wales by Vibe Radio Services has been referred to the Competition Commission for investigation. Competition minister, Melanie Johnson, said that she is concerned that the deal, already completed, might reduce competition for local radio advertising in the Bath and Bristol areas.Under the deal, Galaxy 101, a dance-format station which operates… Continue reading GWR Questions Competition Referral Of Vibe’s Galaxy Acquisition

The number of DSL subscribers in Japan increased from 1.52 million to 5.64 million during 2002, according to the Ministry of Public Management, Home Affairs, Post and Telecommunications. The increase reflected the low charges and expanded services available in the country and there were 500,000 new subscribers in December alone. In a study carried out… Continue reading DSL Subscriptions Surge In Japan

Virgin Radio’s sales director, Mark Swift, has left the group after two years.Swift, who was instrumental in the creation of the Access All Areas initiative for advertisers, will be replaced by commercial development director, Lee Roberts.Roberts will report to commercial director, Kathryn Jacob, who said: “Having worked with Lee before I know that he will… Continue reading Virgin Radio’s Sales Director Departs After Two Years

Week on week analysis of the media sector saw stocks under pressure as the FTSE 100 bowed to continued pressure from bearish earnings reports and the continued threat of US-led military action against Iraq.On the corporate news-front, Emap was seen in focus following news that chief operating officer, Tom Moloney is to become the group’s… Continue reading Sharewatch

UK TV Revenue To Grow 4% In 2003, Says BillettsUK television advertising revenue will grow by 4% this year, in a total advertising market up by 4%-5%, according to new forecasts from media audit consultancy, Billetts.European VOD Revolution On Hold, Says ForresterThe high costs of technology and ongoing content issues will ensure that video-on-demand (VOD)… Continue reading On MediaTel Insight Today…

Jane Lighting, head of Telewest’s TV production arm, Flextech, is being tipped as the front runner to become the new chief executive of Channel Five.A report in yesterday’s Observer claims that Lighting, a protégée of Telewest’s former chief executive Adam Singer, has emerged as Channel Five’s preferred choice to succeed, Dawn Airey, who stepped down… Continue reading Flextech Boss Tipped To Succeed Airey At Channel Five

Steve Case, the beleaguered chairman of AOL Time Warner, has bowed to increasing pressure and announced his intention to step down in the spring. This development comes on the back of revelations that the world’s largest media company will be forced to take a charge of at least $10 billion as a result of writedowns… Continue reading AOL Chairman Quits Following Shareholder Unrest

News International has confirmed that David Yelland has quit as editor of the Sun. He will be replaced by News of the World editor, Rebekah Wade, with effect from tomorrow.A spokeswoman for News International confirmed that the announcement was made by the company’s chairman, Les Hinton, in an internal email earlier today.Yelland’s departure, which is… Continue reading Yelland Quits As Editor Of The Sun

A tough six months for digital set-top box manufacturer, Pace Mirco Technology, were revealed this morning, with turnover falling by 61% to £83.4 million for the interim period. Losses before tax and goodwill hit £15.9 million for the half year to 30 November 2002, down heavily on the £22.2 million profit of the same time… Continue reading Pace Falls Into The Red As Digital Box Sales Decline