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Late on Friday, following the suspension of trading in its shares and the announcement of its financial results, Future Network revealed the details of its refinancing plan (see Future Shares Remain Suspended As Losses Are Revealed). The group is to issue new shares at 20p each in order to raise £33 million net of expenses.… Continue reading Six For Five Issue To Raise £33m For Troubled Future

Despite the release of a number of trading statements and interim results last week, confirming the pessimism hanging over the industry (see Media Market Round-Up), some companies managed to see shares rise in week on week analysis.Capital, which released a trading statement confirming the downturn affecting radio advertising revenue, saw shares rise in week on… Continue reading Sharewatch

US network, spot and cable television lost a combined $313.2 million in advertising revenue for the broadcast week of 9-15 September, as many networks cut their advertising in favour of continuous coverage of the events following the terrorist attacks of 11 September. According to new data released by CMR, network advertising took the biggest hit,… Continue reading US TV Networks Lost $313m In Week Of Attacks

BARB has announced that it is entering the final phase of installation of its new panel for the TV audience measurement system which begins on 1 January 2002. The panel is made up of entirely new households totally more than 5,200, overtaking the current total of 4,485.In line with plans set out by BARB before… Continue reading New BARB Panel Nears Completion

Next year’s world cup will help boost revenues from mobile gaming, said Jupiter Media Metrix last week, helping cash flow amongst the telecoms companies who spent big on 3G licences this year and who have yet to see any return on their investment. The dismal take up of WAP (see Forecasts) has left many companies… Continue reading World Cup Will Kick Off Mobile Internet Growth, Says Jupiter

Rumours of negotiations between ITVDigital and BSkyB resurfaced today with reports that Carlton and Granada, joint owners of ITV Digital, are meeting with the rival satellite operator with a view to co-operation and possible carriage of ITV channels on the Sky platform.ITV has promised in the past to secure carriage (see Newsline), but has been… Continue reading ITV Partners May Co-operate With BSkyB

Continued weaknesses in the advertising market have led ABN Amro to downgrade its 2001 and 2002 earnings per share forecasts for VNU by 4% and 10% respectively. The broker says that visibility for the business information group remains low as advertising in the business magazines sector is still weak. VNU’s US magazine division saw revenues… Continue reading ABN Amro Downgrades VNU Forecasts But Is Positive On Long-Term Future

Future Announces Refinancing PlanLate on Friday, following the suspension of trading in its shares and the announcement of its financial results, Future Network revealed the details of its refinancing plan. The group is to issue new shares at 20p each in order to raise £33 million net of expenses.Six new shares will be issued for… Continue reading Future Announces Refinancing Plan

Optimedia UKÂ’s Revenue and Inflation Estimates, published in March 2000, include estimated revenue growth rates for all the major media as far as 2003. As in last year’s edition, Optimedia is the least optimistic about Commercial Radio’s immediate future. Last year’s forecast for 2000 has been upgraded from 6.0% to 9.9%, however the forecast for… Continue reading Optimedia Forecasts

Jupiter Media Metrix has launched a new method of web traffic analysis, called Site Measurement. The new system will be the only kind to offer all levels of web caching, thereby reducing bandwidth costs for web publishers. The system works through a small piece of code being placed on every page. It then tracks exactly… Continue reading Jupiter Launches Site Measurement