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Although the advertising slump is forecast to continue through to the end of 2002, media analysts are confident that spending will return in 2003 and investors need not worry. “Advertising isn’t an investment priority. We assume it will come back, we assume it will be feeble in 2002 but will come back in 2003,” said… Continue reading ‘Extraordinary Bulge’ Led To Ad Decline In 2001

Confidence remained with media shares yesterday after the realisation on Monday that many had been downgraded too far. Carlton Communications led the field, with a 13.57% rise of 27źp to end at £2.28. Pearson also did well, increasing its share price by 6.5% to £7.73 by the end of the day.Other strong performers included WPP,… Continue reading Sharewatch

The ongoing success of Oscar nominated Lord of the Rings helped UK cinemas attract the highest number of January visitors since 1972, when The Godfather was the big box office draw. A total of 15 million people visited the cinema during last month, up 29% year on year.Lord of the Rings topped the box office… Continue reading Lord Of The Rings Rules January Cinema

Maiden has won the contract to market three Trivision 48 sheet sites at the new John Lennon Airport in Liverpool. Two of the sites are positioned in the check-in hall and one in the arrival hall of the airport, which last year handled 2.25 million passengers.Renault and BT are among the advertisers already signed up… Continue reading Maiden Checks In At John Lennon Airport

The Future Network has announced the launch of its Official Xbox Magazine in four countries across Europe, including the UK, to coincide with Microsoft’s European launch of the new games console.The title will go on sale on 28 February, ahead of the console’s 14 March launch date. The magazine will be priced at £5.99 and… Continue reading Future Prepares For European Xbox Launch

January 2002 saw another month by month increase in the number of text messages sent in the UK, as has been the case since April last year. A total of 1.4 billion text messages were sent during the month, according to the Mobile Data Association (MDA)Text messaging increased steadily throughout last year, to reach an… Continue reading January Text Message Total Reaches Record High

The Radio Authority has invited applications for a digital multiplex licence which could reach an adult population of around 4.25 million in the Yorkshire region.Applicants have until 18 June to submit proposals for the licence, which covers most parts of the former metropolitan counties of South Yorkshire, West Yorkshire and Humberside and part of the… Continue reading Radio Authority Offers Yorkshire Multiplex Licence

Deutsche Telekom has announced that it has been informed by the Federal Cartel Office in Bonn that it will not grant approval for the sale of Deutsche TelekomÂ’s cable TV businesses to Liberty Media (see Liberty Media’s Deutsche Telekom Cable Deal Hits Regulatory Snags). Deutsche Telekom stated that it “has always considered that the sale… Continue reading German Regulators Block Liberty Cable Deal

Regional Independent Media today reported a rise in profits of 8%, rising to £44.1 million in 2001 from £40.9 million in 2000. Turnover increased by 3.5% to £175.3million. 84% of turnover was derived from the group’s newspaper interests, including the Yorkshire Post and Sheffield Star both of which saw an increase in circulation in 2002.… Continue reading RIM Exceeds Expectations But 2002 “Remains Uncertain”

Confidence appeared to return to media shares yesterday, as several key players including Granada and Capital Radio were upgraded by analysts. Granada’s price rose more than 6% as a consequence, while Capital was boosted by over 3%.Other beneficiaries of the upturn included BSkyB, which ended up 36˝p at £6.85, Carlton Communications, up 6.36% to £2.00ž… Continue reading Sharewatch