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“The online media sector is in disarray,” says McKinsey Quarterly in a rather sobering assessment of the industry’s struggle for revenues in the digital world. In its Q4 2001 report McKinsey says that as both powerful media incumbents and pure-play internet companies alike struggle to make revenue online, the temptation to abandon the world wide… Continue reading 95% Of Pure-Play Online Companies Will Fail, Says McKinsey

More people are visiting e-commerce sites from work than from home, according to the latest figures derived from NetValue’s new Megapanel.The figures generated for December 2001 by the Megapanel, which measures internet behaviour at home, work and university, show that online shopping site, littlewoods.co.uk experienced a 400% month on month increase in at-work users during… Continue reading E-Commerce Sites Get Boost From Work Users

Global home networking households are expected to grow from 5.6 million at year-end 2001 to 47.0 million in 2006 – a compound annual growth rate of 53%, according to research by Strategis Group. The Strategis Group believes that home networking will play a major role in the communications lives of millions of people throughout the… Continue reading Global Home Networks Will Number 47m By 2006, Says Strategis

The FT this morning reports that talks are being held today between Rupert Murdoch and key News Corp TV executives regarding the company’s position on troubled German broadcaster Kirch. BSkyB holds a 22% share in Kirch’s pay TV operation and decisions must be made on the future of this arrangement and the put option BSkyB… Continue reading Murdoch In ‘Make Or Break’ Talks Over Kirch

Future Network and Telewest were the worst media performers in yesterday’s market. The former saw shares dip 14.63% to close at 35p, while the latter fare slightly better dropping 7.35% finish at 31˝p, a loss of 2˝p on the day before.Granada also performed poorly with stock slipping 4.61% to close at £1.08žp, 5źp worse off… Continue reading Sharewatch

WPP CEO Sir Martin Sorrell, speaking at the World Economic Forum in New York, has said that he sees no signs of a recovery in the global economy or advertising market despite the upbeat forecasts of some commentators at the World Forum. “I’ve seen no blue sky or green shoots. Nothing tells me the global… Continue reading Sorrell Sees ‘No Blue Sky’

NRS National Newspaper Round-Up – December 2001NRS figures released for National newspapers for the period July-December 2001 showed that, year on year, the market as a whole saw an increase in readership of 0.6% to over 66 million. The largest movement in either direction, in a year on year analysis of the six month period,… Continue reading NRS National Newspaper Round-Up – December 2001

WPP CEO Sir Martin Sorrell, speaking at the World Economic Forum in New York, has said that he sees no signs of a recovery in the global economy or advertising market despite the upbeat forecasts of some commentators at the World Forum. “I’ve seen no blue sky or green shoots. Nothing tells me the global… Continue reading Sorrell Sees ‘No Blue Sky’

The ITC has condemned adverts that “encourage or condone harmful emulation” after more than 100 viewers complained that an advert showing a rabbit in a tumble-dryer could be copied by children.The ITC upheld complaints against the ad, which featured a cartoon rabbit emerging unharmed from a tumble-dryer, on the grounds that younger children were unlikely… Continue reading ITC Condemns Copy Cat Commercials

Not everyone attending the World Economic Forum in New York had as negative an outlook as WPP CEO Sir Martin Sorrell (see Sorrell Sees ‘No Blue Sky’). Although the general consensus of opinion seems to be that an upturn in the economy should be expected no sooner that Q3/Q4 2002, there are some who believe… Continue reading Whispers Of Recovery From WEF Meeting In NY