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A period of advertising spend decline should not be justification for investors to turn their backs on healthy, major media companies, according to Jack Myers, chief economist of Myers Reports. Reiterating a point that he has stressed a few times recently (see Forecasts), Myers today called for investors to recognise the ongoing value of major… Continue reading Media Industry Is Experiencing Loss Of ‘Dead Weight’ Not Inherent Value, Says Myers

Yesterday, Gartner forecast that by the end of 2001, 32 million Americans will view credit card and other statements online, a 60% increase on the 20 million who did so at the end of 2000. Almost 27 million of these consumers will view credit card accounts online and Gartner expects the number of consumers viewing… Continue reading Increase In Online Billing Boosted By Anthrax Terror, Says Gartner

BlowUp Media has signed its first airline advertiser since the events of 11 September caused big-budget flight operators to withdraw from the medium.The “Flights to the Sun” campaign for AirFrance launches this month and features Blow Up’s 800 metre square poster at the City Gateway site in London. The campaign, which was bought by French… Continue reading BlowUp Media Launches Airline Campaign

US newspaper publishing groups could benefit from a substantial fall in newsprint costs in 2002, with a knock-on effect possible for European publishers, according to analysts at ABN Amro. The broker forecasts that print prices may fall by double-digits next year, although advertising visibility remains limited. A decline in newsprint costs would significantly help the… Continue reading European Newspaper Groups Could Benefit From Fall In US Newsprint Costs

Outdoor advertising contractor, JC Decaux, has this morning announced third quarter revenue increases of 11% to E360 million thanks to a strong performance from its Street Furniture division. Revenues for the three months to September were in line with company expectations and rose on a like-for-like basis (excluding acquisitions) by 1.9%.Street Furniture revenues increased by… Continue reading JC Decaux Announces Q3 Revenue Increase

Following Sky chief executive Tony Ball’s attack on ITV Digital in last week’s Financial Times’ Creative Business supplement, in which he blamed the group’s “bad management” for its problems, in this week’s edition his opposite number at ITV Digital, Stuart Prebble, accuses Sky of abusing its control of content and appeals to the government for… Continue reading Prebble Blames Sky For DTT’s Difficulties

Granada has brought in former BSkyB senior executive, David Chance, to conduct a review into the future of the troubled pay-per-view platform, ITV Digital.Chance, who is a non-executive officer of Granada, will be looking at how ITV Digital is to be financed and how it can stem its losses. His brief is to consider “all… Continue reading Former BSkyB Exec To Review ITV Digital

Tim Bleakley, managing director of The Wireless Group’s national sales house, Impact, has quit the company.Bleakley left last Friday on “good terms” and will be replaced by Impact’s sales director, Jason Trout. Trout will oversee Impact’s 35 strong team and will take on responsibility for sales across talkSPORT and the 22 local stations affiliated to… Continue reading Bleakley Quits Impact

Condé Nast has denied that it is planning to up the price of its successful new women’s monthly title Glamour, following renewed rumours that its price is to increase from the current £1.50 to £1.80.Glamour made a spectacular entry to the market early this year, and achieved an ABC figure which beat market leader Cosmopolitan… Continue reading Glamour Denies Price Rise Claims