UK media agency, Tempus, yesterday released interim financial results that were received variously as ‘a decent performance in tough conditions’ to a ‘playing down of the advertising slump’ (see Tempus Results Show Decent Performance In Tough Conditions, But Jobs Likely To Go). Shares finished up 6p at 448½p, propped a little by the anticipated takeover… Continue reading Tempus Results: Reaction
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According to the second phase of the Yahoo!/AC Nielsen Internet Confidence Index, consumer confidence in ecommerce has risen by five points since the survey began in June 2001. The survey results also included a projected rise in online ad spending to $16 billion for Q4 2001. Much of this revenue will be generated by “light”… Continue reading Consumer Confidence In eCommerce Is Growing, Says AC Nielsen
Zenith Slams ITV DigitalZenith Media has launched a damning attack on ITV’s decision to press on with the investment in its digital terrestrial TV service, ITV Digital. According to the MediaGuardian website, the media buying agency – one of ITV’s biggest customers – has said in a report that nothing short of ‘divine intervention’ will… Continue reading Zenith Slams ITV Digital
Two weeks after the terrorist attacks in the US, the cost of the event to the media in Europe and the US is beginning to be calculated. In general the approach to news coverage of the attacks and aftermath have been well thought of, but there was a high cost in the necessary pulling of… Continue reading Terror Attacks: The Media Costs
AOL Time Warner has said that the effects of the slowing advertising industry and the attack on the US two weeks ago are going to cause the company to miss its financial targets. The announcement is a further major indication of the hard times on which media companies are currently falling. The media giant said… Continue reading AOL Time Warner Gives Financial Warning
Two rival venture capital firms, Apax Partners and Cinven, are thought to be in talks to form an alliance in order to acquire the professional publications of Vivendi Universal for around E2 billion (£1.3 billion), according to today’s Financial Times. Apax would effectively be joining a bid already laid on the table by Cinven at… Continue reading Apax May Join Cinven In Vivendi Professional Titles Acquisition
The deterioration of the US hi-tech advertising market is continuing according to analysts at ABN Amro who have today downgraded their forecasts for United Business Media’s hi-tech publishing group, CMP Media, accordingly. Revenues at CMP are now expected to fall by 23% in 2001, with profits down by a huge 72%. In 2002, revenues are… Continue reading ABN Downgrades CMP Media As Hi-Tech Advertising Continues To Fall
Shares on the UK stock market staged a recovery from the difficulties experienced recently, following a strong opening on Wall Street.In spite of a advertising forecast downgrade by ABN AMRO, BSkyB saw a rise of 56p or over 10% to finish at £6.Carlton, which saw heavy losses over last week (see Sharewatch), rallied yesterday, finishing… Continue reading Sharewatch
The Daily Mail & General Trust (DMGT) this morning said that advertising revenues at Associated Newspapers had, until the US attacks two weeks ago, been improving on the poor performance of the second quarter. In particular, the Daily Mail‘s important retail advertising has been robust, although the financial and IT sectors have remained weak, the… Continue reading Ad Revenues Stabilising At DMGT, But Hit By US Attacks
Programmes This month saw the addition of an extra episode of BBC1’s top soap opera, Eastenders, to the schedules. In a move seen by many as an attempt to lure viewers back to BBC1 from ITV1’s double header of Coronation Street and Emmerdale, the first Friday episode managed to outperform its northern rival with 9.84… Continue reading TV Viewing Round-Up – August 2001
