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Research from Pew Internet and American Life apportion some of the blame for the dot-com ‘meltdown’ in recent months on “overeager investors looking for quick profits and poor business plans by dot-com entrepreneurs” along with the youth and relative inexperience of many internet companies’ management. 67% of struggling dot-commers blamed the greed of the entrepeneurs… Continue reading Greed and Clueless Executives” To Blame For Dot-com Failures?

According to new research by Jupiter, the number of Internet users in the US will rise to 216 million in 2005 from the current figure of 135 million and Latin America’s online population is expected to soar from 21 million in 2000 to 77 million in 2005. With the increase in Latin America, Jupiter predicts… Continue reading Jupiter Forecasts Net Boom In Latin America

The Observer has announced plans for the launch of another monthly glossy magazine, following the success of Observer Sport Monthly (see Observer Rewrites Sport With Monthly Title). A food title called Observer Food Monthly will be available free with the Observer on the second Sunday of each month from early summer.A 68-page tabloid format, it… Continue reading Observer Unveils Monthly Food Title

Capital Radio’s director of programmes, Richard Park, has announced his resignation from the board, with immediate effect, in order to take on a less corporate role as creative consultant.The role will see Park continue to advise on programming, develop partnerships and digital formats, work on events such as Party in the Park and help identify… Continue reading Capital’s Director Of Programmes Opts For More Creative Role

Trinity Mirror has this morning announced better than expected pre-tax profit growth of 12.2% to £196 million, before internet investments are taken into account. The company has also confirmed that it is looking to sell its internet service provider ic24.Revenues from the internet reached a disappointing £2.5 million, whilst internet losses for the year came… Continue reading Profits Up At Trinity Mirror As ic24 Buyer Is Sought

MTVi now offers a new sponsorship and advertising opportunity in the form of an interactive video newsletter. This is emailed once a week to mtv.co.uk subscribers and includes streamed video clips of interviews and performances using new Streamwave technology, which opens clips within the newsletter without the need for plug-ins. MSN is seeking to cash… Continue reading Internet Round-Up

Over 100 journalists will lose their jobs at the Express group today, it is feared, as new owner Richard Desmond’s efforts to cut spending continue. Union representatives are to meet with management today, as letters go out to all staff outlining redundancy proposals.After surprising the industry with his takeover last year (see Gossip And Girlie… Continue reading Desmond’s Ongoing Cost Cuts Could See Express Journalists In For The Chop

ITV’s carriage on the Sky Digital moved a little closer to happening yesterday as a capacity deal was signed with satellite operator Societe Europeenne des Satellites (SES) (see ITV Signs Digital Satellite Deal). The news boosted shares in BSkyB by 9p to end at £.9.04, but major ITV companies Granada and Carlton, co-owners of the… Continue reading Sharewatch

Trinity Mirror has this morning announced better than expected pre-tax profit growth of 12.2% to £196 million, before internet investments are taken into account. The company has also confirmed that it is looking to sell its internet service provider ic24. Revenues from the internet reached a disappointing £2.5 million, whilst internet losses for the year… Continue reading Profits Up At Trinity Mirror As ic24 Buyer Is Sought

Thomas Middelhoff, chief executive of German media group Bertelsmann, is resigning from his position on the board of French media and utility conglomerate Vivendi Universal, it has been announced this morning. Middelhoff is leaving Vivendi in order to allow tougher competition between the two companies in the European media sector. He has been on the… Continue reading Bertelsmann Chief Leaves Vivendi Board