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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

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

According to the Telecommunications Carriers Association (TCA), the number of subscribers to mobile Internet services in Japan exceeded 30 million at the end of February, Top service providers were NTT DoCoMo’s i-mode with 19.78 million, KDDI Group’s EZweb service with 6.11 million subscribers and by J-Phone group’s J-Sky service (5.52 million). Subscribers for the three… Continue reading Japanese Mobile Internet Population Exceeds 30 Million

Global media and market research company Aegis Group is confident of the coming year, despite a broader downturn in the advertising market, according to its financial results this morning. It has reported a rise in pre-tax profits of 21.4% to £78.4 million and turnover of 19.2% to £5.7 billion. The figures are in line with… Continue reading Aegis Confident For 2001 As Profits Rise 21%

IPC Media is set to launch its first technology title. Web User will be available in both print and web form from March 22, targeting the burgeoning home net user sector with straightforward advice and information. The group poached Jim Lennox, editor of Computeractive, to head up the magazine. He said of the launch: “The… Continue reading IPC Unveils Web User Magazine

The New York Times is planning to launch an online copy of the print version of the paper, according to a report on ZDNet yesterday. The paper is hoping to sell electronic reproductions of the print version for people who prefer that format to the current online layout of the title. The electronic paper will… Continue reading New York Times Considers Electronic Sales Of Print Format

Publishing and information group VNU releases it full-year financial results tomorrow and is expected to show a 23% growth in operating profit to €703 million, boosted by the consolidation of Neilsen Media Research (NMR). Net profit before goodwill is expected to rise from €320 million to €398 million. According to the predictions from ABN Amro,… Continue reading VNU Expected To Show Strong Rise In Operating Profit

Pearson is planning to cut investment in its flagship web business, FT.com, by half following a dip in market confidence on the release of the group’s financial results last week. According to reports in the Daily Telegraph today, the group is expected to slash spend in the financial portal from £113m to just £40-50m.Shares in… Continue reading Pearson Halves Net Spend As Investors Call For Closure Of FT.com

The Independent Television Commission (ITC) has announced the appointment of Peter Bazalgette, creative director of Endemol Entertainment UK, to the board of Channel 4. He will take up the position, which is for a period of three years, from 1 April 2001.Announcing the appointment, ITC chairman Sir Robin Biggam, said: “We are delighted to have… Continue reading Peter Bazalgette Joins C4 Board