The Media Initiatives Group (MIG) has been appointed to sell advertising on Taxi Vision, the network of LCD screens due to be installed in London’s black cabs.The first cabs with the Taxi Vision onboard screens will be launched in London in October and will extend to selected taxis within the 20,000 London licensed taxi fleet.The… Continue reading Ad Screens For Black Cabs
United Business Media (UBM) announced that Bernard Gray, previously the group strategy director, has been appointed as chief executive of CMP Information, UBM’s UK-based professional media business, with immediate effect. He will be responsible for the next phase of CMP Information’s development, the company said. United’s profits were hit in the first half by falling… Continue reading UBM Appoints CMP Information Chief
ABN AMRO has downgraded its full year forecast for UK media from 0.4% to -1.6%, following the release of data from AC Nielsen MMS indicating that in June the market slipped 13.7% year on year. The broker says its revised forecast reflects “the increasing likelihood that there will be no significant second half recovery.” At… Continue reading Insight Analysis: ABN AMRO Downgrades UK Media Forecast With No H2 Recovery
The global m-commerce market will grow considerably over the next four years according to new research by Cahners In-Stat Group. M-commerce in 2000 represented $264 million, generated by 9.2 million wireless subscribers. This figure is due to grow slowly between now and 2005 with the exception of the Japanese market which is set to rocket.… Continue reading ‘Generation Y’ Key To M-Commerce Success, Says Cahners In-Stat
New research from Jupiter MMXI reveals the value of online teens to European marketers. Currently, teenagers represent 12% of the European online population and are spending a significant and increasing amount of their time online. In June 2001, 12 – 17 year olds in Europe spent nearly 8 hours online representing an increase of 2… Continue reading European Teens Are A Valuable Audience For Online Marketers, Says Jupiter
Yesterday proved another buoyant day for media shares with most showing increases on Wednesday’s closing prices. One notable exception was Future Network, which, having been boosted earlier in the week by the prospect of a sale of the company, slumped 11½p to 42½p, when the offer talks turned out to have ended without fruit.Among those… Continue reading Sharewatch
Capital 95.8 FM continued its lead among the London Stations according to RAJAR’s audience figures for the second quarter of this year, despite seeing a slight decline in reach period on period. Meanwhile Heart 106.2 FM and Kiss 100 FM battle for second place as losses for Magic 105.4, in terms of reach and share,… Continue reading Capital’s Hold On London Tightens Despite Fall In Reach
Emap has announced that Paul Keenan, chief executive of Emap Digital, is to head up a new umbrella group called Emap Consumer Media.The new division will house all of Emap’s consumer titles including Emap Elan, Emap Automotive, Emap Active and FHM international, while Emap’s music titles will remain independent as part of the Performance Network.A… Continue reading Keenan Heads New Emap Division
The Interactive Advertising Bureau (IAB) have today launched a six month independent study into the effectiveness of web advertising.The study will investigate the power online advertising has in altering brand perception and awareness and will explore how brand categories, campaign objectives and frequency of results effect viewers responses to advertising.The first stage of the research… Continue reading IAB Launches Study Into Web Advertising
United Business Media (UBM) has seen its pre tax profits fall 48% year on year to £71.7m. The group announced its interim results this morning which also revealed revenues down 4.3% at £489.4m.Chief executive Clive Hollick commented: “Trading conditions in the first six months of the year have been extremely tough with weakness in the… Continue reading UBM Profits Down Nearly 50%
