The Queen’s speech today will unveil over 20 bills for the first legislative programme of Labour’s second term, but the Communications Bill will not be among them, with a focus on reform issues such as health, education and crime being favoured. However, a bill setting up the “super-regulator” OFCOM will be included for this period.The… Continue reading Communications Bill On Hold This Year
Media giants WPP and Gannett have both been making reassuring noises this week designed, no doubt, to allay investors’ fears in these difficult economic times. According to the Guardian, WPP chief executive Martin Sorrell met with analysts last week following the news that profit warnings from other US ad companies had started a run on… Continue reading WPP And Gannett Speak Out To Reassure Investors
Rupert Murdoch is to remove some of the core assets from his digital group, Sky Global, in order to pave the way for a merger with US satellite operator DirecTV, according to a report in the Financial Times this morning. Murdoch is understood to be slimming down Sky Global’s assets in order to reduce the… Continue reading Murdoch Slims Sky Global To Seal DirecTV Deal
Jupiter Slashes Online Ad ForecastsTo an assembled audience of advertising honchos in Cannes, Jupiter announced yesterday that it was cutting its global online advertising forecasts for 2001 from 47% growth to just 12% due to the extreme uncertainty of the market.Top advertising executives from around the world are in Cannes for the annual International Advertising… Continue reading Jupiter Slashes Online Ad Forecasts
The success of online business may actually be contributing to the sense of economic decline in 2001 in many companies in the US and abroad, according to ActivMedia VP, Harry Wolhandler. He reckons that whilst many of the pure dotcom companies have failed, those that are merging on- and offline commerce are increasingly taking their… Continue reading Ecommerce Successes May Account For Sense Of Economic Decline, Says ActivMedia VP
Goldman Sachs has downgraded its 2001 and 2002 earnings forecasts for Pearson, owner of the Financial Times, due to concerns about the retracting advertising advertising market, according to reports. The broker has reduced Pearson’s earnings per share (EPS) estimates for this year from 47.8p to 40.0p and for 2002 to 58.3 pence from 71.1p. Particularly… Continue reading Goldman Sachs Downgrades Pearson Figures
Not a day goes by at present when there isn’t some mention of the dotcom boom fall-out or the advertising slowdown that have plagued media companies so far this year. Revenues at ITV have been particularly hard hit as recent figures from Granada and Carlton have shown. Shares tumble; brokers downgrade; media-land sulks.It is interesting… Continue reading Feature: National Papers’ Display Pages Hold Strong
According to the May edition of the Forrester research Online Retail Index, total US spending on online sales decreased from $4.3 billion in April to $3.9 billion in May. This was due largely to a seasonal drop in online travel bookings and a drop in the number of US households shopping online – down to… Continue reading Online Shopping Falls In US
Media giants WPP and Gannett have both been making reassuring noises this week designed, no doubt, to allay investors’ fears in these difficult economic times. According to the Guardian, WPP chief executive Martin Sorrell met with analysts last week following the news that profit warnings from other US ad companies had started a run on… Continue reading WPP And Gannett Speak Out To Reassure Investors
Jupiter MMXI, suppliers of at home internet audience data for the UK since 1999, has announced that data will now be released from now on on a weekly, rather than monthly, basis. As calls for industry wide agreement on standards for internet audience measurement gather strength, the move will make it easier for advertisers to… Continue reading Jupiter MMXI Launches Weekly Internet Data Release
