Online Shopping Commonplace At Christmas, Says ReportMore internet users than ever went online to browse and buy from shopping sites during the 2002 holiday season.Stronger US, Weaker Europe Finds Merrill’s Ad OutlookGlobal advertising revenue will grow by 3.0% in 2003, with a reasonably strong US being dragged down by poorer markets in Europe.Broadband To Provide… Continue reading On MediaTel Insight Today…
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Ad agency Feel has secured the contract to publicise the launch of new lifestyle magazine, Indobrit, at the end of this month.The new magazine, which is targeting both second generation Asian Brits and non Asians, will feature a mix of fashion, entertainment and topical articles.It is expected that the launch will spark controversy over an… Continue reading Feel Secures Launch Contract For New Indobrit Magazine
2002 was an undoubtedly turbulent year for UK media, with the collapse of ITV Digital, the publication of the Communications Bill and news of Carlton and Granada’s impending merger set against the backdrop of the ongoing advertising downturn. With 2003 still in its infancy, James Papworth, ad marketing manager at IPC Prospector, looks back over… Continue reading NewsLine Column: A Fascinating Year For UK Media?
Steve Case, the beleaguered chairman of AOL Time Warner, has bowed to increasing pressure and announced his intention to step down in the spring.This development comes on the back of revelations that the world’s largest media company will be forced to take a charge of at least $10 billion as a result of writedowns in… Continue reading AOL Chairman Quits Following Shareholder Unrest
Trinity Mirror’s chief executive of newspapers, Joe Sinyor, has resigned following the appointment of Sly Bailey as chief executive (see Bailey Leaves IPC To Replace Graf At Trinity Mirror).According to Trinity Mirror, Sinyor is leaving by “mutual consent” after his position became redundant following Bailey’s appointment in October.Sinyor’s position appeared increasingly untenable after he failed… Continue reading Sinyor Resigns From Trinity Mirror
Just under half of UK publishers believe that magazine expenditures will increase in the next year or two, whilst 26% predict that they will decrease to some degree. This is one of the findings of a recent survey conducted by Optima.The most common outlook, shared by 38% of the 156 respondents to the survey, is… Continue reading Magazine Revenue Will Increase In Next Two Years
Bloomberg News’ financial title, Bloomberg Markets, is to go on sale at news-stands for the first time next month across the UK, the US, Europe, Canada, Hong Kong and Singapore.The magazine, which will launch in February in 25 cities, will have a cover price of £3.25 in the UK. The title has previously only been… Continue reading Bloomberg Markets Launches On News-Stands
The latest ABC figures for national newspaper circulation reveal a relatively disappointing period for the sector, which saw circulation decline slightly during December.Financial titles, The Business and the Financial Times, were among only a handful of national newspapers to see circulation increase during December. The former improved by 4.1% month on month and the latter,… Continue reading ABC National Newspaper Round-Up December 2002
Virgin Radio’s sales director, Mark Swift, has left the group after two years.Swift, who was instrumental in the creation of the Access All Areas initiative for advertisers, will be replaced by commercial development director, Lee Roberts.Roberts will report to commercial director, Kathryn Jacob, who said: “Having worked with Lee before I know that he will… Continue reading Virgin Radio’s Sales Director Departs After Two Years
UK TV Revenue To Grow 4% In 2003, Says BillettsUK television advertising revenue will grow by 4% this year, in a total advertising market up by 4%-5%, according to new forecasts from media audit consultancy, Billetts.European VOD Revolution On Hold, Says ForresterThe high costs of technology and ongoing content issues will ensure that video-on-demand (VOD)… Continue reading On MediaTel Insight Today…
