The worst performer on yesterday’s FTSE 250 index was Capital Radio, which had its earnings forecast downgraded by UBS Warburg ahead of a trading statement to be released today. Shares fell a hefty £1.05, or over 10% to end at £9.10. SMG was also downgraded, leading shares to fall 4p to £2.01.Elsewhere, there was some… Continue reading Sharewatch
European free-to-air broadcaster RTL this morning said that it feels “better placed than most … to withstand the current uncertainties in advertising markets around Europe.” Nevertheless, the company warned that earnings were likely to be flat in 2001 due to the effects of restructuring Pearson Television North America and a decrease in the audience of… Continue reading RTL Says 2001 Earnings Will Be Flat In Current Ad Climate
Europeans are watching more TV than ever before according to new research published by the Media Edge. The average European watches over three hours per day, with the Italians and the Spanish watching the most at over 4 hours per day, compared to 3 hours per day in 1989 for Italians and 3½ hours per… Continue reading Research Reveals Increasing Consumption Of Media Across Europe
ABN Amro has downgraded its recommendation of European broadcaster RTL from Hold to Reduce this morning, following the release of the group’s year-end financials results (see RTL Says 2001 Earnings Will Be Flat In Current Ad Climate). The broker says: “For the first time a European broadcaster has admitted that there will be no H2… Continue reading ABN Downgrades RTL
New figures from market research group AC Nielsen show that Germany’s advertising expenditure in February was 8.8% lower than the previous year. January was 1.4% down and gross television revenues were 4.7% lower than 2000, according to an analysis of the figures by ABN Amro. The fall is mainly due to lower spend from the… Continue reading Germany Experiences Ad Downturn
International media group Independent News & Media (INM) has this morning reported a pre-tax profit increase of 13% to €155 million for 2000. This is slightly below most analysts’ expectations and has caused the shares to drop during trading today. Executive chairman Anthony O’Reilly said that it is too early in the year to make… Continue reading Independent Reports Positive Results, But Below Expectations
The number of UK home internet users has reached 13.5 million, according to the February 2001 figures from Jupiter MMXI. This represents an increase of 1 million users since October 2000.The UK’s online population is now estimated to spend an average of six hours and 48 minutes surfing the internet each month, with men aged… Continue reading Total Number Of Home Internet Users In UK Hits 13.5 Million
Digital TV will surpass the PC to become the most popular means of accessing the Internet in Europe by 2005, according to a new report from the Yankee Group. The report predicts that 81.2 million European households will use interactive services via digital television by 2005, while 80.6 million households will access the net via… Continue reading iTV Will Become Main Net Access Device By 2005
The ITC upheld 41 viewer complaints against ITV over its scheduling of a drama with adult content immediately after children’s afternoon programming. The series, Lucy Sullivan is Getting Married, was originally shown at 10pm as part of the late night schedule.The programme follows the lives and loves of three young women sharing a flat in… Continue reading ITV Rapped By ITC For Showing Adult Programming Next To Kids TV Slot
Almost a third of people living in the UK who have yet to get digital TV say that they never will, making the Government’s plans to switch off the analogue signal within a decade “fatally flawed”, according to a report released this week. The report, published by the Consumers’ Association, acknowledges that for 73% of… Continue reading Consumers’ Association Report Suggests Achieving A Digital UK Will Not Be Easy
