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BizRate.com has increased its US online retail sales estimate for 2002 from $45.2 billion to $51.5 billion, representing a jump from 26% growth to 44%, according to a report from eMarketer. The number of online transactions rose from 68 million in Q2 2001 to 92 million in Q1 2002 – a increase of 35%, according… Continue reading US 2002 Online Retail Sales Forecasts Comparisons

The fate of ITV Digital looks set to be decided following a High Court meeting this morning at which the company’s administrator – Deloitte & Touche – confirmed that it is preparing the business for sale. Following weeks of negotiation with the Football League (see Football League Battle With ITV Digital Continues) – still ongoing… Continue reading ITV Digital Prepared For Sale As One Week Of Talks Remains

A series of ‘hidden liabilities’ scuppered rescue plans made by investors to save the Kirch media group from insolvency according to press reports. Investors including Rupert Murdoch and Silvio Berlusconi withdrew offers of funding following the emergence of hidden liabilities – most notably an E150+ arrangement with Leo Kirch’s son Thomas – within the group’s… Continue reading Kirch Investors Abandon Rescue Plans

The New York Times Company today announced that advertising revenues for the company’s Newspaper Group decreased 9.7% in March 2002 when compared with the same month last year. The decline in March was slightly greater than that recorded in February (8.9%) due to a switch of the Easter holiday from April last year into March… Continue reading NYT Ad Revenue Drops Further

More evidence that 2001 was one of the toughest years ever for the advertising industry was revealed today, as US trade magazine Adweek published its 19th annual Agency Report Card. The figures show that revenue for the 33 US agencies on the survey was down by an average of 3.5%. The year before, at the… Continue reading Agency Revenue Survey Shows Extent Of 2001 Ad Fall

Colin Myler, editor of the Sunday Mirror, has surprised the industry with his abrupt resignation. Myler’s sudden departure comes less than a week after his decision to allow the paper to print an interview with the father of the victim in the Leeds footballer trial, a move that led to the trial’s expensive collapse (see… Continue reading Sunday Mirror Editor Myler Quits

ABN AMRO has cut its EBITDA forecast for BSKyB by £25m in reponse to slower advertising growth and lower wholesale revenues, increasing predicted pre-tax losses from £158m to £188m. Advertising forecasts have been cut £18m, or 6%, although a 14% growth is still expected, to £274m. Wholesale revenue forecasts have been cut by £8m to… Continue reading ABN AMRO Makes

ABN AMRO has cut its EBITDA forecast for BSKyB by £25m in reponse to slower advertising growth and lower wholesale revenues, increasing predicted pre-tax losses from £158m to £188m.Advertising forecasts have been cut £18m, or 6%, although a 14% growth is still expected, to £274m. Wholesale revenue forecasts have been cut by £8m to take… Continue reading ABN AMRO Makes £25m Cut To BSkyB’s 2001 Forecast

Dow Jones, publisher of the Wall Street Journal newspaper, yesterday said that the advertising conditions remain weak, with print ad revenues declining by 20.9% during Q1 to $236.1 million. Print hit by ad decline The company reported Q1 operating income down 59% at $12.3 million and revenues down 14.6% at $392.9 million. Ad lineage at… Continue reading Dow Jones Figures Hit By Continued Poor Advertising, Outlook Pessimistic

The first of four speakers addressing the issue of response rates in media research was Richard Asquith from BMRB who considers it to be the most important issue facing researchers today.He began by clarifying that a response rate is the proportion of replies from a representative sample of eligible respondents from the survey universe. The… Continue reading MRG Evening Meeting 10 April 2001- The Response Rate Challenge