Regional newspaper publisher, Johnston Press, this morning said that trading for the first five months of the year has been better than expected, with like for like advertising revenues up 3% on the same period last year. In its pre-close period trading statement, Johnston said that despite the prevailing mood of economic uncertainty, it expects… Continue reading Johnston Press Sees Positive Second Half
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According to the reports in the German press, US group Liberty Media is looking to boost its interests in the German cable market (see Insight Analysis: Deutsche Telekom Sells Cable Franchises To Liberty Media) by acquiring a stake in Tele-Columbus, the cable TV service owned by Deutsche Bank. The FT also suggests that Liberty is… Continue reading Liberty Media To Acquire Further German Cable Operators
Week on week comparison revealed a loss of 10.69% for United Business Media. The company, which announced on Friday that profits in its US based high-tech magazine division, CMP, would fall below expectations (see Profits Warning at United Business Media), saw shares fall 73˝p to finish at £6.14. The loss resulted from a slowdown in… Continue reading Sharewatch
Today’s trading statement from global advertising and communications group, WPP, has indicated a slowing of organic growth from within the company, according to analysts at ABN Amro. The broker points to a fall from 6% revenue growth in the first quarter, to ‘almost 4%’ for the first five months of this year. This indicates a… Continue reading Underlying Growth Slows At WPP
In a submission to the Office of Fair Trading (OFT), The Wireless Group (TWG) has accused the BBC of abusing its position of dominance to drive commercial radio out of the sports market.TWG, owners of the commercial radio station talkSPORT claims that the BBC has been acquiring radio rights to sporting events at inflated prices… Continue reading Wireless Group Takes BBC Complaint To OFT
Dow Jones, publisher of The Wall Street Journal, has unveiled electronic tearsheets for advertisers, providing an alternative to the costly and time consuming process of physically sending newspaper copies to advertisers to confirm that ads have run. Dow Jones has developed the system in partnership with Engage Inc, a marketing software and interactive media company.… Continue reading WSJ Pioneers Electronic Tearsheets
United Business Media (UBM) has announced that profits in its US-based high tech magazines division, CMP, will fall below expectations. In a statement today ahead of pre-closed period meetings with analysts, the company said that the expected slowing of market decline during May had not occurred and that despite “robust actions” results for the division… Continue reading Profits Warning at United Business Media
In the midst of adspend gloom, DFC Intelligence reports that online video streaming growth hit 215% in 2000, including 29% via broadband, and that 15% of this video streaming inventory is now being exploited with in-stream advertising. Paul Palumbo, author of the report, Interactive Broadcast Video: Streaming Video Market 1998-2004, noted “expanding content availability, increasing… Continue reading DFC Reports Boom In Streaming Adspend
The appeal of instant messaging has helped boost sales from ecommerce sites according to new findings from Cyber Dialogue. The service, first introdued by AOL in 1997, is now used by 40% of all internet users and has been added to ecommerce sites to enable potential shopers to ‘chat’ to customer service rep or contact… Continue reading Instant Messaging Appeal May Be Exploited To Boost Online Sales
IDC forecasts that US PC sales will drop in 2001 for the first time ever after revising their growth forecasts for 2001 from 2.2% to -6.3% year on year. Worldwide forecasts have also declined from 10.3% to 5.8% for the same period. The currently poor economic climate is blamed for the cuts and IDC now… Continue reading IDC Predicts Decline In US PC Market
