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Cordiant Communications, owners of Bates Worldwide, today released interim results revealing pre-tax profits of £22.1m. Although this was an increase of 27%, growth for the period fell below analysts’ forecasts and press reports this morning predict global job losses within the group. In a statement in June, Cordiant announced that the global ad downturn would… Continue reading Cordiant Prepares To Cut More Jobs As Profits Fall Flat

CMR, the strategic advertising and marketing arm of Taylor Nelson Sofres, has released its mid-year forecasts for US ad spend in 2001. In June, figures from CMR revealed that Q1 ad spend had dropped by 5.2% on the previous year (see Forecasts) and this decline is reflected in the outlook for 2001. 2000 vs 2001… Continue reading US Ad Spend Will Drop By 2% This Year, Says CMR

The US online population is still growing according to recent figures from the TR.com Online Census. Figures for Q2 2001 show that US households online now number 70.7 million, a 3% rise on Q1 and a reversal of the decline seen in the period to March 2001. Online Growth by Access Technology  Technology  Customers  Growth… Continue reading US Online Population Continues To Grow

The latest Technographics Report by Forrester Research forecasts that the next five years will see the French online landscape change considerably as French consumers enjoy multichannel access. Currently Minitel users still outnumber all other forms of access. “Minitel has held sway in France for the last two decades – some 15 million French consumers (33%)… Continue reading French Online Landscape Will Diversify, Says Forrester

Telewest saw shares fall yesterday after speculation that the company was involved in merger talks with NTL. Stock dropped 6.07% to finish at 73˝p, a loss of 4žp on the previous day.Reed, which announced a pre-tax profits rise in its interim results yesterday (see Reed Shares Rally On Results), saw shares climb 5.82% to close… Continue reading Sharewatch

Radio First, the digital radio broadcasting company, is to launch its first two digital radio stations in August.The first live broadcast of Big Blue, Chelsea football club’s digital radio station and The Saint, a station dedicated to Southampton FC will be on the 19 and 25 August respectively. The launch dates will coincide with the… Continue reading Radio First Launches Digital Stations

David Dimbleby has emerged as a candidate for the role of BBC chairman, according to press speculation.A number of broadsheet newspapers reported this morning that the veteran broadcaster has been shortlisted as a candidate to take over from Sir Christopher Bland when he leaves the BBC to take up a new post at BT next… Continue reading Dimbleby Tipped For BBC Chair

Carlton has announced that it is to close the Taste Network, its joint TV and internet food and drink venture with Sainsbury’s.The multimedia venture, launched in January (see Carlton Unveils Taste Network), brought together Carlton and Sainsbury’s food internet sites with the Carlton Food Network television channel.From 1 September Carlton will resume control of its… Continue reading Carlton To Close Taste Network

Year on year analysis of the latest BARB digital viewing figures reveals that non-terrestrial channels continue to increase their command of viewing share in all homes. The others category rose from 17.1% average weekly share in July 2000 to a 20% share in July 2001. ITV saw the most significant loss in terms of share… Continue reading Digital Television Round Up – July 2001

Channel 4’s digital entertainment channel E4 is continuing to benefit from the popular second series of reality TV show Big Brother. E4’s share in the first week after the series ended, of 0.77% for individuals in multichannel homes, was still 45% than the average weekly share of viewing for May, before the show started, of… Continue reading E4 Benefits From Big Brother Effect