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A comparison of the latest global and regional advertising forecasts is shown here, along with previous data. Most regions have been revised upwards in the latest set of figures, in line with a gradually improving advertising marketplace. Advertising Forecasts Comparisons                        Area  2001A  Previous  2002F … Continue reading Global And Regional Advertising Growth Forecast Comparisons

Television is set to lead the way in the UK advertising market’s recovery in 2002, with a growth of 2.5% forecast by Zenith Media. Newspapers are expected to be weak this year, dragged down by a poor national market. In 2003, radio is predicted to be the strongest medium, posting a 4.5% growth. Zenith Media… Continue reading TV To Lead UK Ad Recovery In 2002, Say Zenith Media Forecasts

Consumer spending on US retail websites has increased by 41% in the last year, according to the latest data from comScore Media Metrix. Online sales for the second quarter of 2002 totalled $17.5 billion, of which travel sites accounted for $7.8 billion. The online travel market is predicted to be worth $64 billion by 2007… Continue reading US Online Spending Up And Away

The news and information company, Gannett has announced that overall revenue slipped from $1.63 billion in the second quarter of 2001 to $1.62 billion at the same period this year. Gannett, which owns USA Today as well as regional newspapers in the US and UK, also revealed a 5% year-on-year increase in net profits from… Continue reading Gannett Reveals Q2 Advertising Revenues

The investment firm, Liberty Media has dropped its offer to buy 20% of Telewest’s bonds and withdrawn its three directors from the company’s board. A group of bondholders, unhappy with Liberty’s offer, had already filed an injunction to block the deal claiming that aspects of it were illegal (see Liberty Extends Telewest Tender). The ongoing… Continue reading Liberty Backtracks On Telewest Bid

Yesterday proved to be a more positive day for media companies after what was a disappointing start to the week (see Sharewatch). BSkyB was among the best media performers in yesterday’s market, with shares rising 4.32% to close at £5,68. Chrysalis also saw some positive movement with stock improving 2.24% to finish at £1.72, an… Continue reading Sharewatch

Tess Macleod-Smith is to take on the role of publishing director for Natmag’s Luxury Publishing Group. She will replace president Terry Mansfield, who has been covering maternity leave for Liz Kershaw. Kershaw has since returned to a newly created role of executive group publisher of Good Housekeeping and Country Living.MacLeod-Smith formerly commercial director for the… Continue reading New Publishing Director For Natmags Luxury Group

NTL has appointed former managing director of NTL Australia, Tom Bennie, to head up its broadcast business in the UK.As UK managing director of NTL Broadcast, Bennie will report to the division’s chairman Peter Douglas. He will be responsible for media and wireless solutions, operations and development projects and will also oversee the provision of… Continue reading NTL Selects New MD for UK Broadcasting Business

Oftel has ordered BT to cut the wholesale price of the unmetered internet access package that it sells to telecoms operators.Following a review of the volume of unmetered traffic over BT’s network since the launch its wholesale internet access service two years ago, the communications regulator has concluded that BT must reduce its prices by… Continue reading Oftel Orders BT To Cut Price Of Wholesale Internet Access

UK advertising will grow by 2.3% in the second quarter of this year, dropping to 2.1% in Q3 and rising to 4.6% in Q4, according to the latest, revised forecasts from the Advertising Association.The new forecasts are more positive than the previous set, published in March, which had predicted a 0.5% increase in Q2, followed… Continue reading AA Revises Forecasts Up In Light Of Improving Climate