The Italian advertising market, the only remaining growth market in Europe just a few months ago (see Forecasts and Forecasts), is now showing a continuing downward trend. The latest ACNielsen data, analysed by ABN Amro, show a 7.3% decline in ad revenues during July. The majority of this was felt in the radio and newspaper… Continue reading Once Strong Italian Ad Market Now Shows Downward Trend
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Cable & Wireless issued its second profits warning in seven months yesterday. The resultant 12% drop in stock value brought the price of shares in the company to a nine-year low of £2.75.The negative mood continued more or less across the board of media stocks, including a 13% drop at SMG and an 11% fall… Continue reading Sharewatch
As share prices continue to tumble at Pearson, both Morgan Stanley Dean Witter and ABN Amro have downgraded their outlooks for the media group. Much of the fall in Pearson’s figures comes from European broadcaster RTL, in which Pearson holds a 22% stake. RTL yesterday reported an interim loss of E2.2 billion (see RTL Postpones… Continue reading Pearson Downgraded As FT And RTL Outlooks Deteriorate
Hamish Pringle is proving quick to implement change at the IPA, only a month after taking up his position as director general. He has announced changes to the IPA secretariat affecting areas of membership and communication, as well as increasing the level of commitment to creatives.“The IPA doesn’t do enough for the creative people in… Continue reading IPA Makes More Creative Moves
US newspaper publishers have shown the extent to which the advertising and economic slowdown there is hurting the media, with a disappointing set of figures for August, according to analysts at ABN Amro. The New York Times Company saw revenues decline by 17.8% last month, with technology, media and telcoms advertising particularly weak. Revenues at… Continue reading US Newspaper Groups’ Figures Show Tough Conditions
RevenueYear on year analysis showed that TV revenue fell across the board during August, with the exception of Satellite revenue which rose by 10%.Total terrestrial TV revenue showed a fall of 7% year on year, as the advertising downturn continued to cast gloom over the industry. Channel 5 was the worst hit with revenue dropping… Continue reading TV Market Round Up – August 2001
The Italian advertising market, the only remaining growth market in Europe just a few months ago (see Forecasts and Forecasts), is now showing a continuing downward trend. The latest ACNielsen data, analysed by ABN Amro, show a 7.3% decline in ad revenues during July. The majority of this was felt in the radio and newspaper… Continue reading Once Strong Italian Ad Market Now Shows Downward Trend
Gavyn Davies, chief economist with Goldman Sachs and former Labour party member, has been confirmed as the new chairman of the BBC.The decision to appoint Davies, who still has strong links with the Labour party, has been heavily criticised by the Conservatives, who have accused the BBC of cronyism.Conservative party chairman, David Davis, spoke out… Continue reading Davies Announced As New BBC Chairman
s share prices continue to tumble at Pearson, both Morgan Stanley Dean Witter and ABN Amro have downgraded their outlooks for the media group. Much of the fall in Pearson’s figures comes from European broadcaster RTL, in which Pearson holds a 22% stake. RTL yesterday reported an interim loss of ₏2.2 billion (see RTL Postpones… Continue reading Pearson Downgraded As FT And RTL Outlooks Deteriorate
Carlton.com was the top online TV advertiser for July, gaining exposure among 942,000 unique individual users throughout the month, the site commanded a 6.7% digital reach of the total UK at home internet audience and averaged 3.5 page impressions per user. Sky.com occupied third position with visits from 747,000 users in July, the site achieved… Continue reading New Media Round-Up
