Open has signed agreements with 35 new content providers whose goods will be available through the platform’s latest launch. Open Extra, an interactive “department store” will initially offer 300 products aimed at women and their families, hoping to entice shoppers in the run-up to Christmas.Included in the line-up are Dorling Kindersley, Girl Heaven Limited, Alton… Continue reading Open Launches Interactive “Department Store”
Advertising group WPP rose 14p to 870p after posting a positive third quarter trading update. A number of brokers recommended the group, which reported a revenue climb of 21% during the three months to the end of September (see WPP Reports Revenues Up 21%).Despite making gains throughout the day yesterday, buoyed by the announcement of… Continue reading Sharewatch
Teenagers, it seems, are the latest demographic group to whip up a flurry of interest from the media world. As a relatively untapped market, their pester-power spending, avid consumption of media and, if we are to be a little cynical, impressionable young age makes this group appealing to media owners and advertisers.Teenagers, according to Adam… Continue reading Feature: New Teen Titles Hope To Buoy Declining Sector
According to IDC, Western European banks see mbanking as a top priority and, as such, are beginning to make major investments in it. IDC estimates that banks in Western European will spend up to $43 million in the next year developing mbanking services. “Recent improvements to wireless technologies are paving the way to further development… Continue reading Mobile Banking Is Top Priority for European Banks, Says IDC
Losses at radio group Jazz FM have significantly reduced and the company is on its way to profitability, according to its chairman Sir Harry Roche. Despite reporting yearly pre-tax losses of £489,000 in preliminary results for the year ending 30 June, the group show good progress compared to the same period last year (see Jazz… Continue reading Jazz FM Moves Towards Profitability
As the carve-up of United’s television assets was finalised this morning (see Granada Media Consolidates Ownership Of Meridian And Sells HTV To Carlton), rumours continued to circulate regarding the fate of its Express Newspaper group. Conrad Black’s Telegraph group has reportedly stepped into the ring and confirmed its interest in the purchase.Its bid will be… Continue reading Telegraph Group Eyes Express Titles
Cable group Telewest has joined forces with global venture consultancy Atomic Tangerine in an interactive television venture. The new company, SmashedAtom, will offer services to TV channels, advertisers, retailers and Government departments wanting to capitalise on or benefit from the growing market for interactive television services.Flextech Interactive, established in 1998 (see Flextech Moves Into The… Continue reading Telewest Forms Interactive Venture
The chairman of the Broadcasting Standards Commission resigned yesterday after the News Of The World printed a series of revelations about his private life. Lord Holme of Cheltenham handed in his notice to Culture Secretary Chris Smith after the newspaper published details about his extra-marital affairs.The peer said he had decided to “fall on my… Continue reading BSC Chairman Resigns
The amount of people expressing concern about the content of television programmes has grown, according to the latest briefing from the Broadcasting Standards Commission. Half of all respondents said that they had been offended by television output during 1999, a 17% increase on the previous year.Violence continues to be the prime offender, with 39% of… Continue reading 37% Of People “Personally Disgusted” By TV Content, Says Report
WPP today reported a 21% increase in revenues in its quarterly trading update. New billings for the period were worth £830m, compared to £730m for the same period last year, as the company benefited from large assignments from new and existing clients including Ford, Motorola, Nike and KPMG.The company is now the biggest advertising group… Continue reading WPP Reports Revenues Up 21%
