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European broadcaster RTL has this morning issued its second profits warning (see RTL Says 2001 Earnings Will Be Flat In Current Ad Climate), saying that trading during March has come in below expectations. Furthermore, the group says that visibility in the European television sector has deteriorated further. RTL says that given the lack of visibility,… Continue reading RTL Issues Second Profits Warning And Offers No Visibility

BSkyB, which released its full year results last week (see Sky Still Strong Despite Pre Tax Losses), saw shares climb 14.41%, week on week, to close at £7.78, an increase of 98p on the previous week.Maiden, which moved into the international market last week with the acquisition of three Irish based companies (see Maiden Goes… Continue reading Sharewatch

Press reports at the weekend suggest that United Business Media (UBM) is to cut around 400 staff from its workforce. It is expected that the majority of the losses will come from the CMP business publishing division in the US. CMP has suffered heavily at the hands of the deterioration of hi-tech advertising spend, which… Continue reading UBM To Axe 400 Jobs, Say Reports

The culture secretary, Tessa Jowell, will today suggest that the ITC adopt a “new rapid response” approach to complaints after the commission failed to react to outrage caused by Channel 4’s Brass Eye.The ITC received hundreds of complaints from viewers objecting to Thursday night’s episode of Brass Eye, a satirical documentary on paedophilia, and have… Continue reading More Power For ITC?

The softening economy in the US finally took its toll on online shopping last month, according to the most recent findings of Forrester Research’s Online Retail Index. The 18th edition of the monthly survey shows that total US spending via the web decreased from $3.9 billion in May to $3.2 billion in June. The number… Continue reading US Economic Downturn Hits Online Sales

Pearson’s interim financial results showed a pre-tax profit of £5 million, ahead of the expected consensus loss of £10 million and slightly below the £11 million profit forecast by ABN Amro. A difficult period in terms of revenues in both its education businesses and advertising generally has caused Pearson’s stock to weaken recently.The Financial Times… Continue reading Pearson Results Show FT Profits Hit By Ad Downturn

The German advertising market is now looking extremely weak, according to an analysis of ACNielsen data by ABN Amro. The broker says that its previous forecast growth of 0.7% is now too high and is instead predicting a decline of 0.2% for the full year. The worst hit sectors will be outdoor and newspapers and… Continue reading German Ad Market Is ‘Extremely Weak’

The Interactive Advertising Bureau (IAB) has endorsed guidelines for eight new advertising formats to enable advertisers to create more interactive online adverts and develop stronger brand messages.Three vertical ‘skyscraper’ spaces and five high-impact large rectangular spaces will join the list of recommended shapes and sizes already in place for banners. The new larger ad formats… Continue reading New Formats For Advertising Online

According to PricewaterhouseCoopers, significant change is underway in the Information, Communication and Entertainment markets. In the report “The New Ice Age: Focusing Around The Individual”, PWC puts forward it’s forecasts for the future of these markets and assesses the outlook for companies operating within this environment in the UK. Considering the current turmoil of the… Continue reading The New ICE Age, PWC Reports On The Information, Communication And Entertainment Markets

The Independent Television Commission (ITC) has fined LWT £100,000 after its series Club@vision breached programming codes by charging clubs to appear in the series.The ITC received complaints last year that clubs were being asked to pay a fee and contribute to production expenses to ensure that they were included Club@vision programmes.After conducting an enquiry the… Continue reading ITC Fines LWT £100,000