JanuaryJanuary was a gloomy start for the new media market following news that AOL Time Warner had elected Dick Parsons to both the post of chairman and chief executive, following the departure of Steve Case. Analysts suggested the decision reflected a shift in the balance of power within the company away from new media, as… Continue reading NewsLine End Of Year Round-Up: New Media
JanuaryDigital radio got off to a flying start in 2003 with figures from the Digital Radio Development Bureau showing that sales of DAB digital radios increased by 165% in 2002 and look set to more than double in the coming months (see Sales Of DAB Digital Radios Boom In 2002). Meanwhile, Virgin Radio announced plans… Continue reading NewsLine End Of Year Round-Up: Radio
Wireless gaming is set to become a mass-market phenomenon in the US, with a third of wireless subscribers expected to be gaming by 2008, according to a new report from IDC.Also On MediaTel Insight Today…US Magazine Ad Revenues Rise 8% In NovemberThe recovery in US magazine advertising revenues continued during November, with spend up by… Continue reading MediaTel Insight: Wireless Gaming To Hit Mass Market
The Chancellor of the Exchequer’s new measure of inflation, the Consumer Price Index, has come into force, in a move that will see the UK move below target.The CPI, which excludes housing and council tax costs, currently stands a 1.4%, which is well below the 2% target set by Gordon Brown in the pre-Budget report… Continue reading Chancellor Brings In New Inflation Measure
The board of ITV has is understood to have rejected former Vodafone chief executive, Sir Christopher Gent, as its chairman.Reports suggest the rejection came after bosses at the television company decided the man who build Vodafone into the world’s largest mobile phone company would be ‘too powerful’ for the position.It was also feared that he… Continue reading ITV Rejects Former Vodafone Chief Executive As Chairman
US online advertising spend will soon surpass the levels seen during the dotcom boom, following a dramatic swing back into positive growth this year, according to a report from eMarketer.Also On MediaTel Insight Today…US Sees Growing Adoption Of Interactive TV AdvertisingInterest in interactive television (iTV) formats from programmers, advertisers and viewers, is growing quietly but… Continue reading MediaTelINSIGHT: Online Adspend To Exceed Boom Levels By 2005
Week on week analysis of the media sector revealed a poor performance at Independent News and Media, which slipped 8.13%. The group announced a €53.5 million worldwide restructuring plan intended to reduce debts over the next twelve months (see Independent News & Media Cuts Jobs To Save On Costs).Elsewhere, UBM rose 2.78% after revealing that… Continue reading Sharewatch: Independent Falls On Poor Results
A peak of more than 12 million viewers tuned into to ITV1 on Saturday night to watch Michelle McManus, the size twenty former events manager from Glasgow, win the latest series of Pop Idol.Audiences for the finalé of the long-running reality-TV talent show, which saw the 23 year-old singer receive a £1 million recording contract,… Continue reading Pop Idol Final Proves Bigger Is Better For ITV
Less than a third of media industry professionals believe that RAJAR should introduce the electronic measurement of radio audiences following pressure from Wireless Group chairman, Kelvin MacKenzie.MacKenzie met RAJAR last week in one final attempt to persuade it to endorse the measurement system he has been funding with GfK, before he begins legal proceedings against… Continue reading Media Researchers Unsure About Electronic Measurement
Daily Mail and General Trust group was seen in the spotlight, up 3.38% as cyclical stocks benefited from the FTSE’s surge.Independent News & Media was also in focus after announcing a €53.5 million worldwide restructuring plan intended to reduce debts over the next twelve months (see Independent News & Media Cuts Jobs To Save On… Continue reading Sharewatch: Daily Mail Rises On Cyclical Surge
