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Online travel sales company Lastminute.com this morning reported first quarter financial results that show sales and customer numbers increasing, whilst losses deepen. Total transactions for the quarter reached £20.2 million in value, a 53% increase quarter on quarter and up from just £4.8 million for the same period a year earlier. The number customers making… Continue reading Lastminute.com Sales Grow As Losses Deepen – 12 February 2001

New research from Jupiter forecasts that although online B-to-B trade currently represents only 1.5% of all European business (Euros 200 billion), by 2004 Jupiter MMXI predicts that it will grow to 1.8 trillion Euros. Jupiter surveyed Europe’s 500 Net Markets (a virtual market where demand and supply for goods and services meet and are fulfilled)… Continue reading European B2B Trading Forecasts From Jupiter

According to IDC, the appeal of internet radio to consumers is too strong for advertisers to ignore. “Internet radio might appear a superior product ready to sweep away traditional radio, but it’s not – at least not yet,” said Malcolm Maclachlan, senior analyst for IDC’s Consumer and eCommerce Media program. “To be successful in the… Continue reading New Strategies Required To Facilitate Effective Internet Radio Advertising

The Radio Authority received sixteen applications for the new regional licence for South and West Yorkshire, in time for the deadline on 6 February. The licence covers an adult population of around 2.5m and includes the cities of Sheffield, Leeds and Bradford.Martin Fry, lead singer of ABC, and Robin Smith, president of the Yorkshire County… Continue reading Radio Authority Receives 16 Applications For Yorkshire Licence

The Radio Authority has awarded the local digital multiplex licence for the West Midlands region to the MXR Consortium, it was announced today. Delivering digital programming to an area with an adult population of around 3.3m, this is the third such licence to be awarded to the group (see MXR Wins Second Digital Licence).MXR proposes… Continue reading MXR Wins West Midlands Licence

The boost to digital television uptake required to allow analogue switch-off could be provided via a subsidy on equipment from licence-fee money, said BBC director-general Greg Dyke yesterday. Speaking at the Commons media select committee, Dyke is reported to have said that the corporation was considering whether to use licence-fee money to fund a large-scale… Continue reading Licence Fee Money May Fund Digital Box Giveaway

Results released earlier this week by BSkyB (see BSkyB Hits Digital Target But Losses Grow) continued to have a bad effect on shares, which fell 33p by the end of yesterday’s trading, to £10.37.Reuters has announced that its subsidiary, news and technology group Instinet, has filed for flotation on the Nasdaq. Reuters shares on the… Continue reading Sharewatch

The boost to digital television uptake required to allow analogue switch-off could be provided via a subsidy on equipment from licence-fee money, said BBC director-general Greg Dyke yesterday. Speaking at the Commons media select committee, Dyke is reported to have said that the corporation was considering whether to use licence-fee money to fund a large-scale… Continue reading Licence Fee Money May Fund Digital Box Giveaway Says BBC Director General

Forever Broadcasting, the Newcastle-based independent radio and new media group, has announced the acquisition of Wolverhampton Area Radio (WAR), owner of analogue station 107.7 The Wolf. Forever has paid £5.1 million – £4.1 million in cash and the remainder by the issue of ordinary shares in the company. Forever will also absorb liabilities of £45,369.… Continue reading Forever Broadcasting Acquires The Wolf – 9 February 2001

US newspaper group Gannett today reported its quarter four and full year financial results, which show that in the three months to December 2000, net income remained pretty flat at $294.9 million – just up from $294.6 million the previous year. However, the company also said that 2000 was the ninth consecutive year of record… Continue reading Gannett’s UK Revenues Hit By Sterling Fall – 9 February 2001