IPC tx has launched its biggest ever consumer marketing campaign to promote its weekly What’s On TV magazine.The promotion runs for six weeks and gives readers the chance to ‘Live For Free In 2003’ by winning a range of prizes including a family car, free holidays for a year, £15,000 towards a mortgage and a… Continue reading IPC Backs What’s On TV With Biggest Ever Promotion
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
NTL, the financially troubled cable company, is being sued by Morgan Stanley over £7 million in allegedly unpaid fees dating back three years.The legal move comes as a blow to NTL which is in the process of a complicated financial restructuring. Morgan Stanley remains one of the firm’s most prominent advisers but has evidently lost… Continue reading NTL Sued By Banking Adviser
A couple of years ago the promise of a ‘convergence’ of traditional media content with that of the internet and interactive media was the holy grail for many media corporations. Indeed, Time Warner and AOL forged their record-breaking merger largely on the promise of a global, fully ‘converged’ 21st century media empire. Things have so… Continue reading Has There Been A U-Turn On The Global Media Strategy?
Shares in Radio First, operator of the football club-based Fan Radio Network, have been delisted from the AIM today after the group failed to release its interim financial results on 31 December 2002.Radio First is in discussions to acquire an overseas media group in a deal which would allow the combined business to secure extra… Continue reading Radio First Shares Delisted As Overseas Acquisition Is Delayed
Media HealthcheckDecember brought a flurry of prognostications from the world’s leading advertising forecasters, all predicting a return to positive growth globally in 2003.Broadband Prices Must Come DownThe perception that broadband services are too expensive to inspire mass adoption is supported by a new study from Reed Electronics Research.US Radio Advertising Set For 5.3% Growth In… Continue reading On MediaTel Insight Today…
