There is still too much complacency regarding the UK’s economy, with recent forecasts increasingly looking like wishful thinking, according to Deloitte & Touche‘s latest Economic Review. Official and market forecasts that predict a steady acceleration in growth of the next few years rely on a ‘gradual and orderly’ unwinding of the imbalances built up in… Continue reading UK Economic Prospects Tougher Than Forecasts Suggest, Says Deloitte Report
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BSkyB is reportedly considering paying up to £1 billion to secure the rights to broadcast Premier League football matches, despite facing less competition from rivals.The £1 billion that BSkyB is believed to be willing to pay for the rights is only slightly less than the £1.1 billion that it paid in 2000 to broadcast Premiership… Continue reading BSkyB Could Pay Up To £1bn For Premiership Rights
US online retail spend jumped 23% year on year in the month running up to Christmas, ringing up $7.9 billion in sales, according to the latest data from BizRate. There were six fewer shopping days in the 2002 holiday season as compared to the year before and when the figures are adjusted to include the… Continue reading US Online Sales Jump 23% In Run Up To Christmas
Advertising on the London Underground directly influences tube travellers to buy products, according to research commissioned by Viacom Outdoor.The Project Siren study, which was carried out by NFO WorldGroup, shows that 39% of regular Tube users have bought something as a result of seeing an ad on the Underground, with 69% claiming to read cross-track… Continue reading Underground Ads Influence Tube Travellers
The number of text messages sent in one day reached an all time high on New Year’s Day with people across the country sending 111 million seasonal SMS messages to friends and relatives. According to the latest figures from the Mobile Data Association, the number of text messages sent between midnight on 31 December and… Continue reading New Year Heralds Text Message Spree
Vivendi Universal has moved to ease its debt burden by selling the US educational publisher Houghton Mifflin to an investment consortium for $1.66 billion. The sale, which was initially announced in November, is a welcome fillip for Vivendi which is coming off a disastrous 2002 during which its stock and reputation took a battering. The… Continue reading Vivendi Completes Sale Of US Publisher
As 2002 drew to a close, US online consumer sales (excluding auctions) were on track to total $74 billion for the year, according to research by comScore Media Metrix. Despite economic uncertainty and a generally disappointing Christmas for the retail sector, online commerce experienced growth of 39% last year as the number of internet shoppers… Continue reading ECommerce Market Goes From Strength To Strength
The market for paid online content in the US was worth $361 million in the third quarter of 2002, a rise of 14% on the previous quarter and a 105.3% increase year on year. Research from the Online Publishers Association and comScore Networks found that the number of US consumers paying for web content climbed… Continue reading US Spend On Internet Content Doubles In A Year
BSkyB was one of the best performers in yesterday’s media market, with shares rising 3.52% to close at £6.61˝ following reports of good Christmas viewing figures for satellite and cable TV (see Multichannel Broadcasters Overtake ITV1 At Christmas).Former Mercury chief executive, Duncan Lewis, has reportedly ruled himself out of the running for the chairmanship of… Continue reading Sharewatch
Listening to radio via new technologies, such as mobile phones, the internet and radio via television, is on the increase in the UK, according to an analysis of the latest RAJAR data by the Radio Advertising Bureau. Via television Radio listening in these new environments is proving popular and is on the increase. Fifteen percent… Continue reading UK Radio Listeners Turn To New Technologies
