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A sharp fall in the market value of Future Network has led the company to issue a reassuring statement this morning. Future says that there has been no deterioration in its financial condition, the performance of its businesses or in the company’s expectation of its performance since the previous trading statement was posted on 8… Continue reading Future Reassures Investors Following Dramatic Shares Slump

Week on week analysis revealed another poor week for media companies with only six seeing an increase in share price.Future Network suffered the most significant loss with shares diving 47.13% to finish at 23p, a loss of 20˝p on the previous week. Taylor Nelson Sofres followed close behind, dropping 12.47% to close at £1.79, a… Continue reading Sharewatch

A quarter of Europe’s economic growth will come from e-commerce by 2004, according to a new report by Andersen. It estimates that between 2000 and 2004, 24% of European economic growth will come from e-business – providing investments are made in broadband connections. The report claims that without e-business revenues, annual European economic will be… Continue reading E-Commerce Will Boost European Economic Growth, Says Andersen

Guardian Media Group chairman, Paul Myners has been appointed as the first non-executive director on the BT Wireless board. He has been appointed alongside Andrew Sukawaty, former chief executive of NTL, who becomes deputy chairman.Chairman David Varney whose board preparing for a future demerger, described the pair’s experience as “invaluable”.Subscribers can access ten years of… Continue reading GMG Chair On BT Wireless Board

In a survey of net users in 16 countries, Ipsos-Reid found that 46% of those questioned cited online credit card fraud as a “major concern” when shopping online and 26% said it was a “moderate concern”. Ipsos say that such concerns are limiting the potential for e-commerce growth as 55% of those who have not,… Continue reading Security Concerns Hamper eCommerce Success, Says Ipsos-Reid

UK cable market leaders NTL and Telewest have joined forces in a national marketing campaign designed to boost British broadband uptake. Both companies offer customers broadband cable modem internet services at £24.99 per month which compares favourably with BT’s £39.99 per month ADSL access.Currently broadband cable access is available to around 9 million homes in… Continue reading NTL Teams With Telewest

UK cable market leaders NTL and Telewest have joined forces in a national marketing campaign designed to boost British broadband uptake. Both companies offer customers broadband cable modem internet services at £24.99 per month which compares favourably with BT’s £39.99 per month ADSL access. Currently broadband cable access is available to around 9 million homes… Continue reading NTL And Telewest Join Together To “Build Broadband Britain”

Capital Interactive (CI), the online music arm of Capital Radio, today announced a deal to become the first web-radio provider for MSN.co.uk, supplying MSN’s 11m monthly users with three narrowcast web-radio stations.ATK13, Chyra and Glisn will be available on the MSN site around the clock from 23 July. ATK13 will be found on the MSN… Continue reading Capital In Web Deal With MSN

A new survey commissioned by Oftel shows that UK home internet use continues to rise as figures show that four million homes connected in the last 12 months. The survey, conducted in May 2001, reveals that 10 million homes now have internet connections, up from 6 million in May 2000 and 8.5 million in February… Continue reading UK Internet Use Continues To Rise, Says Oftel

Attic Futura has announced that Shine magazine is to close. Publication of the women’s health and beauty glossy, which launched two years ago, will be suspended from August.According to the publisher, sales of the magazine have proved difficult to sustain in recent months and the decision to fold comes after “disappointing sales in a highly… Continue reading Lights Out For Shine Magazine