Nielsen report that women now use the internet for longer periods of time than men when it comes to surfing at home whilst Cingular Wireless claim that men talk for longer on their mobile phones. “The Internet glass ceiling has long ago shattered,” said Sean Kaldor, vice president of eCommerce at NetRatings. “The average man… Continue reading Women Dominate Online While Men Rule The Wireless Airwaves
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A new report by the Aberdeen Group and Van Dusseldorp & Partners forecasts that the difference in size between the North American and European Digital Content Distribution (DCD) markets is set to narrow in the next five years. A compound annual growth rate of 40% is predicted to increase the value of the European market… Continue reading European Digital Content Distribution Set To Grow
The Western European cable market is expected to reach almost 60 million homes by 2005, according to projections by Merrill Lynch. The potential for broadband pay-TV television services therefore far outstrips the market potential of the digital satellite and terrestrial platforms. Digital terrestrial pay-television (DTT) is expected to overtake analogue during 2003, reaching around 4.5… Continue reading Western European Cable To Reach 60m Homes By 2005
US publishing giant Hearst Corporation is backing a $1 billion (€1.17 billion) bid for the consumer magazine division of Dutch publisher VNU, according to the Wall Street Journal. The WSJ says that Hearst, publisher of Esquire and Cosmopolitan in the US, is backing a joint bid already on the table from Moscow’s Independent Media and… Continue reading Hearst Joins Bid For VNU Mags
Liberty Media is to buy six regional cable franchises in Germany from Deutsche Telekom, in a deal expected to be worth around €5.5 billion (£3.4 billion). Deutsche Telekom is disposing of six of its nine cable areas in order to finance the reduction of the group’s debt. The deal will give Liberty a strong foothold… Continue reading Insight Analysis: Deutsche Telekom Sells Cable Franchises To Liberty Media
Reports from Reuters suggest that US television network NBC is cutting its airtime prices in order to maintain its share of the advertising ‘pie’. The networks are currently in the midst of their ‘upfront’ advertising sales pitch (see US ‘Upfront’ Autumn TV Airtime Sales To Drop 14%, Says ABN), which often accounts for around three… Continue reading NBC Cuts Airtime Costs To Maintain Share
A definitive symbol of the economic downturn in the US is about to emerge as more than 1,000 companies are expected to issue negative earnings pre-announcements for the second quarter, according the Wall Street Journal. The first quarter record of 935 negative statements look set to be broken, according to the report, as companies realise… Continue reading Record Negative Earnings Announcements Expected In US
Future Network suffered the greatest loss among media stock in yesterday’s market, with shares dropping 7.69%, to close at 66p for the day, a loss of 5½p.Cordiant continued its poor run yesterday, dropping 5.44%, to finish at £2, down 11½p.Yesterday’s market was dominated by loss with only two media companies managing an increase in stock.… Continue reading Sharewatch
It may not have pleased the ITV companies, but the news that changes to the rules on cross-media ownership will not reach Parliament this year (see Communications Bill On Hold This Year) has been welcomed by the advertising agencies’ trade body, the Institute of Practitioners in Advertising (IPA).“If delay means that greater thought is to… Continue reading IPA Welcomes Delay To Ownership Relaxation
The Go Racing deal to create a digital horseracing channel (see Go Racing Gets Go Ahead For Racing Channel) appears to be on track again today after collapsing earlier in the week (see Go Racing Deal Could Be Halted By Pre-Race Data Problem).The Go Racing consortium said it had agreed “key commercial terms” with the… Continue reading Go Racing Negotiations Up And Running After False Start
