ITV is expected to miss its 38.5% peak-time share target for 2000 despite a successful autumn season and a narrow victory in the Christmas Day ratings battle. Although full BARB figures for the year are not yet available, it is believed that the network average will be 37.1%.ITV originally promised a 40% peaktime share for… Continue reading ITV To Miss Peak Time Share Target
Future Network released its second profit warning in three months yesterday (see Future Network Issues Second Profits Warning), causing another drastic reduction in its share price, which ended down 59p on yesterday’s price at 85p, in sorry comparison to the 52 week high of £9.26 achieved last February. The company in part blames the slowness… Continue reading Sharewatch
WPP has announced the acquisition of Imaginet, an US-based e-services consultancy. This is the second deal the group has made since the New Year, following the purchase of Deen + Black on Wednesday, and continues its strategy of developing new media interests both internally and through new ventures. Imaginet develops advanced e-business solutions and took… Continue reading WPP Acquires Imaginet
Exploding mobile Internet usage and subscriptions won’t make up for a 36% decline in traditional mobile operator revenues, leading average revenue per user (ARPU) to fall 15% in Europe by 2005, according to a new report by Forrester Research. The report asserts that mobile carriers’ operating profits will disappear in 2007 and take six years… Continue reading Europe’s Mobile Internet Won’t Pay For UMTS, Says Forrester
Julie Ferguson, the director of ABC Newspapers and Consumer Magazines, has left the organisation after holding this position for two years. During this period she played an important part in developing the expanding services offered to members and improving the clarity and transparency of the consumer division audit rules.Amongst other developments, Julie was responsible for… Continue reading Consumer Press Director Leaves ABC
The adspend boom enjoyed by many sectors of the media following the huge growth in dotcom companies over the last couple of years is now starting to slow a little. Whilst most forecasts for online retailers and e-commerce companies predict continued growth and increased consumer spend, the marketing budgets for many dotcoms are being tempered… Continue reading Feature: Media Growth For 2001 Subdued As Dotcom Fallout Takes Effect
Magazine group Future Network has issued a new profits warning, just two months after it revised its previous estimates. In a trading update released this morning the group said it will not achieve the profits, revenues and EBITA estimates laid out in November (see Future Shares In Freefall As True Cost Of Accounting Errors Is… Continue reading Future Network Issues Second Profits Warning
Sportinglife.com is to extend its multimedia output following a number of strategic partnerships. Sports Media Broadcasting will provide an online radio station for the site, while SNTVi will supply video news footage.David Annat, managing director of Sportinglife.com, said: “These deals will provide additional valuable streams of content to the Sportinglife.com site, further complementing our position… Continue reading Sporting Life Adds Radio And Video Services To Website
Associated New Media (ANM), the new media arm of Associated Newspapers (ANL) launches its second attempt at a women’s web offering on 6 January. Initially meant as a relaunch of charlottestreet.com (see ANM To Rename Charlotte Street), femail.co.uk has emerged with barely a trace of its forebear and is billed as a “2nd generation women’s… Continue reading Associated New Media Readies For Launch Of New Women’s Website
The big names of commercial broadcasting are clubbing together to try and thwart the BBC’s plans to launch digital rivals to their channels. BSkyB, Telewest and Turner Broadcasting are said to be included in a consortium of seven which is accusing the Culture, Media and Sport Secretary Chris Smith of allowing the BBC to abuse… Continue reading Commercial Broadcasters Demand Tighter Reins On BBC Digital Plans
