According to Forrester, the web is on the verge of a transformation as people move away from traditional browsing and two new waves of innovation emerge. As web usage has boomed, so users demands have increased and in order to satisfy these demands new technologies must be developed. Forrester defines the X Internet “an executable… Continue reading The End Of The Web As We Know It?
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ABN AMRO has cut its 2002 profit forecast for Capital Radio by 7% to £35.5m, following confirmation in its interim results yesterday of a fall in profits and a revision of its full year expectations (see Capital Stock Recovers Despite Expected Profits Warning).A major factor in the revenue falls has been what the broker calls… Continue reading ABN AMRO Reduces Forecast Following Capital Profit Warning
The monthly growth in new internet users has slowed, but as the market matures, the amount of time people spend on line is increasing and money making opportunities are emerging, according to new research from Jupiter MMXI. In October 1999, users in the UK spent an average of four hours online per month, but by… Continue reading Internet Can Make Money If Approach Is Right, Says Jupiter Report
The ITC published its revised rules on airtime sale arrangements yesterday, the revised results provide a more streamlined approach to the regulation of this sector.The ITC’s deputy director of advertising and sponsorship, Ian Blair, said today: “The rules will be kept under periodic review to ensure that they continue to reflect the rapid changes within… Continue reading ITC Publishes Revised Airtime Sales Rules
SRH Cautious On Outlook As Ad Slowdown Hits ProfitsScottish Radio Holdings has this morning issued a cautious outlook for its performance for the coming year, as interim financial results show a 5% drop in profit before tax to £7.8 million.Turnover at the group increase by 18% to £40 million for the six months to 31… Continue reading SRH Cautious On Outlook As Ad Slowdown Hits Profits
The chairman of the ASA, Lord Borrie, yesterday urged local and regional newspapers to play their part in maintaining the self-regulatory system in advertising, but stated that even with self-regulation promised as part of Ofcom, the ASA would fight to remain outside the new industry regulator.Addressing the Newspaper Society yesterday, he said, “We intend to… Continue reading ASA Will Resist Inclusion In Ofcom, Says Lord Borrie
Reports this week suggest that the hard times are not yet over for ITV. Both Merrill Lynch and ABN AMRO have said that they are now expecting a decline of anything between 10 and 15% in revenue, as opposed to the initial estimate of flat growth for Q3.July was predicted as the month when ITV… Continue reading Further Revenue Declines Predicted For ITV, Broker Forecasts Downgraded
The Wireless Group has today denied press speculation that the company is to be sold due to funding difficulties. A spokesman dismissed the claims made in an article published in a national broadsheet as “speculation” adding, “The Wireless Group is not for sale and is doing well, as recent figures show.”The article in question stated… Continue reading Wireless Group Denies Claims That It Is Up For Sale
The predicted profits warning from Capital Radio (see Insight Analysis: Radio Shares Take A Dive) was confirmed today as the group released its interim financial results, with the message that the advertising market has deteriorated further since its first warning in March. At that time Capital said that due to a weakening advertising market profits… Continue reading Capital Stock Recovers Despite Expected Profits Warning
Ad revenues at the New York Times publishing company were down by 15.4% in April, whilst the flagship NYT newspaper saw a fall of 16% during the month. The falls continue the trend from the first quarter which saw ad revenue across the group down 7% year on year (see New York Times Warns Of… Continue reading NYT Revenues Fall 15.4% In April, But Are Comparable With 1999 Figures
