ITV partners Carlton and Granada saw shares fall yesterday after Zenith Media downgraded its global forecasts on Friday, dealing a blow to the advertising industry (see Zenith Cuts Ad Forecasts Again). Carlton was down 3.02% to finish at £3.05, a loss of 9˝p on the previous day, while Granada saw stock drop 2.68% to close… Continue reading Sharewatch
There was further deterioration in the US hi-tech advertising market during July, according to a CMP Media trading update released by parent company United Business Media (UBM) this morning. UBM said that advertising page volumes during July were down for both the market and CMP. The business-to-business information technology market as a whole decreased by… Continue reading Hi-Tech Ad Volumes Show Further Deterioration In US, According UBM
Zenith Media downgraded its global advertising forecasts at the end of last week, with a particularly bearish outlook for the coming months (see Forecasts). Today Myers Reports set out its US growth forecasts by media alongside Zenith’s, with both groups predicting that the US advertising recession could be more severe and prolonged than had first… Continue reading US Ad Growth Forecasts By Media: Zenith Versus Myers
ISBA has registered concern with the Office of Fair Trading following a recent ruling to clear Scottish Media Group’s (SMG) acquisition of a 29.5% stake in Scottish Radio Holdings (SRH) (see Scottish Media Group Makes Further SRH Acquisition). ISBA is concerned in particular that the stake gives SMG power of veto over SRH, and consequently… Continue reading ISBA Concerned By OFT SMG Ruling
Asia-Pacific mobile data subscribers will number 411.2 million by the end of 2006; this is 64% of mobile subscribers and 11% of the population in the region, according to a study released in August by the Yankee Group. The Asia-Pacific Mobile Data Experience: Forecast and Overview report contains updated forecast and analysis of mobile data… Continue reading Over One Tenth Of Asia-Pacific Population Will Have 3G Mobile By 2007, Says Yankee Group
Market research agencies saw profits rise by more than half on average over the last three years, according to research from direct marketing and business publishing company, The Prospect Shop. The group says that market research agencies are in a highly-successful period of growth. Over the past three full accounting years, the average agency saw… Continue reading Market Research Companies Benefit From Three Strong Years
Despite the reassuring words of Granada’s chief executive about ITV Digital take-up (see Uptake Up At ITV Digital) and the appointment of a new head of communications (see Tory PR Man Joins Granada), shares in Granada were among the worst media performers of the week, losing over 10% in a week on week analysis, to… Continue reading Sharewatch
The UK’s manufacturing industry is firmly stuck in recession, according to the August Purchasing Managers’ Index (PMI) published by the Chartered Institute of Purchasing and Supply (CIPS) this morning. The PMI dropped from 47.0 in July to 46.4 in August and the rate of decline for a number of key indicators increased during the month.… Continue reading Industry Surveys Show Deepening Gloom For UK Economy
An average of 12.7m tuned into coverage of England’s 5-1 defeat of Germany in the World Cup qualifier on Saturday, giving BBC Sport a welcome boost. Unofficial overnights, which only take into account those watching at home, not those in pubs, suggest that 14.6m tuned in for the final 15 minutes of the match, giving… Continue reading Football Nets 14.6m Viewers
