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
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 Digital Radio Group (DGR) has announced its intention to bid for the third and final London digital radio licence (see Third And Last London Digital Multiplex Goes Up For Grabs), having added several new shareholders to its original line-up (see Digital Radio Group Announces Final Shareholder Line-Up) including digital radio equipment manufacturer Panasonic.DRG’s chairman,… Continue reading Digital Radio Group Joined By New Shareholders For London Bid
Publitalia, the sales house of Italy-based broadcaster Mediaset, has announced that net advertising revenues grew by 12.8% during 2000. This is marginally higher than ABN Amro’s full year forecast of 12.4%. The broker says it is now confident that Mediaset will surpass the group net profit forecast of €380 million for 2000 when it announces… Continue reading Italy’s Mediaset Bucks European Broadcasting Downturn
Cable & Wireless issued a profits warning yesterday which could mean 4,000 job losses. Shares fell heavily with the news, ending £1.38 or over 20% down by the end of the day’s trading, at £5.45.Market research group Aegis yesterday added its own forecast of an advertising slowdown to the gloom hanging over the media industry.… Continue reading Sharewatch
ITV does not usually have trouble finding top-rated programmes. Early mornings? GMTV. Mid Morning? Richard and Judy are still delivering. Prime time? Coronation Street. Later in the evening? Millionaire, London’s Burning and ITV News at Ten.There are no prizes for spotting the omission here, and ever fewer prizes for advertisers on ITV in the 12.30… Continue reading Feature: Can ITV’s New Afternoon Offerings Tempt Advertisers?
According to new research from ActivMedia Research, and contrary to many press reports, many online retailers are doing well. The report determined that half of B2C companies and a third of B2B sites are now profitable. Of the B2B sites, a further third expect to show a profit within a year although some B2B sites… Continue reading Online Retail Looks Set For Slow, Steady Growth
Recent figures from the European Commission show that Internet penetration in EU households soared from 18% to 28% between March and October 2000, 40% of the EU’s 375 million population are now online. However, broadband internet access hass been slow to take off, less than 8% of these homes access the Internet via cable modems… Continue reading EU Internet Take Up Rises But Broadband Slow To Take Off
BARB’s viewing figures for February show that non-terrestrial channels command a larger share of viewing across all homes than they did last year, with average weekly share during February having increased in the year on year analysis. Nearly all the terrestrial channels saw a year on year drop in average weekly audience share during the… Continue reading Digital Television Round-Up – February 2001
