Online advertising sales company, DoubleClick, yesterday posted a bleak outlook for the sector’s short-term future as it unveiled its first-quarter financial results. Whilst the results themselves were slightly above analysts’ expectations, the group’s outlook was more negative than had been anticipated. DoubleClick said that it generated global media revenue for the first quarter of $46.1… Continue reading DoubleClick Offers Bleak Outlook For Online Ad Market
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Hollinger International, owner of the Daily Telegraph, is on the acquisition trail, according to a story in the Financial Times. The paper says that the Canadian company has a warchest of around C$1 billion and could be looking to spend it over the next twelve months. The FT cites Trinity Mirror and Regional Independent Media… Continue reading Hollinger Set For Acquisitions, Says FT
UK online advertising revenue was for the first time greater than revenue to cinema during 2000, according to a new survey from the Internet Advertising Bureau (IAB) and PricewaterhouseCoopers. The survey shows that internet advertising – in the UK at least – is continuing to grow at a faster rate than any other media previously.… Continue reading UK Online Revenue Overtakes Cinema In 2000
Wall Street Journal publisher Dow Jones has turned in financial results at the bottom end of its already reduced predictions, citing a slowdown in the advertising market for the poor performance. The US publishing group last month said that earnings of 16 to 20 cents a share were likely (see Dow Jones Is Latest Publisher… Continue reading US Publishers Cut Jobs As Ad Revenue Slows
Channel 5 has run into trouble with the ITC over an item shown in a January edition of 5 News. During a report on depression, a film containing pictures of a nurse getting ready to go to work in the morning was shown. A viewer noted that two 3 second long close up shots of… Continue reading Channel 5 Given Wake-Up Call By ITC Over Coffee Shots
Ulster Television has completed its IR£17.3 million acquisition of 60% of County Media, a radio broadcasting business based in Cork, Ireland (see Ulster Stock Rises On Positive Results). County currently operates three independent local radio stations in Cork – 96FM in Cork City, 103FM in North Cork and 103FM in West Cork. Since launching over… Continue reading Ulster Completes County Media Acquisition
The government spent more money on advertising during February than either of the FMCG giants Unilever and Proctor & Gamble, new figures have revealed. Data released by ACNeilsen MMS showed that the government spent £16.4m on advertising campaigns during the month, ahead of second largest advertiser Unilever, which spent £12.2m and Proctor & Gamble, which… Continue reading Government Tops FMCGs for Biggest February Adspend
(This page will refresh itself every 30 seconds) The Chancellor rose at 3.31pm. New child tax credit available for families with incomes up to £58,000. Growth target for 2002 of 2-2.5%; 3-3.5% for 2003 and 2-3.5% for 2004. Budget surplus this year is £3 billion. Public sector borrowing requirement (PSBR) is £11 billion. Research and… Continue reading Budget 2002 Coverage – The Chancellor’s Speech As It Unfolds
Month on MonthThe Audit Bureau of Circulations (ABC) has released national newspaper circulation data for March 2001. Total circulation across all titles fell by 1.1% month on month, with eight titles seeing slippage in their individual circulations.The largest gains were at the Sunday Express, which added nearly 90,000 or 9.9%. However, so far Richard Desmond’s… Continue reading National Newspaper ABC Round-Up -March 2001
Independent News & Media this morning released preliminary full year results for 2002 which reveal a slump in the company’s profits in what it describes as a ‘difficult’ year. Pre-tax profits fell to £38 million, compared to £95 million in 2000, turnover also fell slightly on 2000 totals. The company said that despite the difficulties… Continue reading Independent Reports ‘Robust’ Performance As Profits Slump
