<?xml version="1.0" encoding="UTF-8"?>
<!--Generated by Squarespace Site Server v4.1.2 (http://www.squarespace.com/) on Sat, 10 May 2008 23:05:09 GMT--><feed xmlns="http://www.w3.org/2005/Atom" xmlns:dc="http://purl.org/dc/elements/1.1/"><title>Industry News</title><subtitle>Industry News</subtitle><id>http://www.babelinteractive.com/industry-news/</id><link rel="alternate" type="application/xhtml+xml" href="http://www.babelinteractive.com/industry-news/"/><link rel="self" type="application/atom+xml" href="http://www.babelinteractive.com/industry-news/atom.xml"/><updated>2007-08-20T14:17:21Z</updated><generator uri="http://www.squarespace.com/" version="Squarespace Site Server v4.1.2 (http://www.squarespace.com/)">Squarespace</generator><entry><title>Online retail almost doubles to hit record high</title><id>http://www.babelinteractive.com/industry-news/online-retail-almost-doubles-to-hit-record-high.html</id><link rel="alternate" type="text/html" href="http://www.babelinteractive.com/industry-news/online-retail-almost-doubles-to-hit-record-high.html"/><author><name>Babel Interactive</name></author><published>2007-08-20T13:46:06Z</published><updated>2007-08-20T13:46:06Z</updated><summary type="html" xml:lang="en-US"><![CDATA[LONDON - Online shopping sales have exceeded £4bn a month for the first time, up 80% on last year, with sales for last month up £1.86bn on July 2006.

The highest sales growth was in electrical goods, with sales 102% higher than the previous year, according to the IMRG Index, which records UK online retail sales.

July's 80% year-on-year growth is in stark contrast with the average of the preceding 12 months, of just 36%.]]></summary></entry><entry><title>Positive signs for the Ad Industry in Bellweather</title><id>http://www.babelinteractive.com/industry-news/2007/8/10/positive-signs-for-the-ad-industry-in-bellweather.html</id><link rel="alternate" type="text/html" href="http://www.babelinteractive.com/industry-news/2007/8/10/positive-signs-for-the-ad-industry-in-bellweather.html"/><author><name>Babel Interactive</name></author><published>2007-08-10T11:31:54Z</published><updated>2007-08-10T11:31:54Z</updated><summary type="html" xml:lang="en-US"><![CDATA[LONDON - The latest Bellwether report has recorded the strongest upward revision of marketing budgets since 2004 on the back of growing business confidence.

The Institute of Practitioners in Advertising report said the Q2 report found the growth of marketing spend in the second quarter has accelerated, suggesting it may be even higher than first budgeted for at the start of the year.]]></summary></entry><entry><title>Digital agency profits overtake traditional for first time</title><id>http://www.babelinteractive.com/industry-news/digital-agency-profits-overtake-traditional-for-first-time.html</id><link rel="alternate" type="text/html" href="http://www.babelinteractive.com/industry-news/digital-agency-profits-overtake-traditional-for-first-time.html"/><author><name>Babel Interactive</name></author><published>2007-07-16T14:02:40Z</published><updated>2007-07-16T14:02:40Z</updated><summary type="html" xml:lang="en-US"><![CDATA[by Hayley Pinkerfield Revolution UK 16-Jul-07, 11:30 

LONDON - Profit margins at digital agencies have overtaken those at traditional advertising agencies for the first time, as internet marketing dominates the industry. 

Average operating profits at digital agencies have risen to 11 per cent from 8.6 per cent in March. Typical margins at traditional agencies are currently 10.1 per cent (source: Willott Kingston Smith’s quarterly Marketing Monitor report).]]></summary></entry><entry><title>UK internet advertising to hit £4.5bn in 2011</title><id>http://www.babelinteractive.com/industry-news/2007/6/21/uk-internet-advertising-to-hit-45bn-in-2011.html</id><link rel="alternate" type="text/html" href="http://www.babelinteractive.com/industry-news/2007/6/21/uk-internet-advertising-to-hit-45bn-in-2011.html"/><author><name>Babel Interactive</name></author><published>2007-06-21T10:21:42Z</published><updated>2007-06-21T10:21:42Z</updated><summary type="html" xml:lang="en-US"><![CDATA[by Jacquie Bowser Brand Republic 21-Jun-07, 10:15 

LONDON - Internet advertising in the UK will increase to £4.5bn and account for nearly 30% of all UK advertising in 2011, according to a PricewaterhouseCoopers report released today.

Globally, the internet will remain the fastest growing advertising medium, with a projected 18.3% annual growth to $73bn (£37bn) in 2011.

The report also suggests the internet, TV distribution and video games will be the fastest-growing segments of the global entertainment and media industry.]]></summary></entry><entry><title>Online market value to double by 2011</title><id>http://www.babelinteractive.com/industry-news/2007/6/13/online-market-value-to-double-by-2011.html</id><link rel="alternate" type="text/html" href="http://www.babelinteractive.com/industry-news/2007/6/13/online-market-value-to-double-by-2011.html"/><author><name>Babel Interactive</name></author><published>2007-06-13T14:53:59Z</published><updated>2007-06-13T14:53:59Z</updated><summary type="html" xml:lang="en-US"><![CDATA[by Hayley Pinkerfield Revolution UK 13-Jun-07, 12:00 

LONDON - Online market value is set to soar to £28 billion by 2011, to form 10.9% of all retail sales, new research claims. Verdict Research has predicted that market value will leap from today’s £13.8 billion, making the case for retailers to be online.]]></summary></entry><entry><title>Online adspend up to more than £2bn as other media suffer</title><id>http://www.babelinteractive.com/industry-news/2007/5/21/online-adspend-up-to-more-than-2bn-as-other-media-suffer.html</id><link rel="alternate" type="text/html" href="http://www.babelinteractive.com/industry-news/2007/5/21/online-adspend-up-to-more-than-2bn-as-other-media-suffer.html"/><author><name>Babel Interactive</name></author><published>2007-05-21T10:52:12Z</published><updated>2007-05-21T10:52:12Z</updated><summary type="html" xml:lang="en-US"><![CDATA[LONDON - UK advertising expenditure on the internet increased by almost 50% in 2006 to over £2bn, while most other media suffered a decrease in revenue, according to a report by the Advertising Association.]]></summary></entry><entry><title>Google rules out acquiring news organisations in favour of tech companies</title><id>http://www.babelinteractive.com/industry-news/2007/5/11/google-rules-out-acquiring-news-organisations-in-favour-of-tech-companies.html</id><link rel="alternate" type="text/html" href="http://www.babelinteractive.com/industry-news/2007/5/11/google-rules-out-acquiring-news-organisations-in-favour-of-tech-companies.html"/><author><name>Babel Interactive</name></author><published>2007-05-11T08:46:00Z</published><updated>2007-05-11T08:46:00Z</updated><summary type="html" xml:lang="en-US"><![CDATA[LONDON - Google has ruled out any acquisitions of major news organisations such as Dow Jones and will instead focus on acquiring user-generated content and small technology businesses.

Eric Schmidt, chief executive of Google, said the search giant was better off partnering with companies that produce news and other content, rather than buying them. "We made a decision to focus primarily on user-generated content, and not on businesses where we would own the content," Schmidt said.]]></summary></entry><entry><title>Press, internet and direct lifts media spend 5%</title><id>http://www.babelinteractive.com/industry-news/2007/5/4/press-internet-and-direct-lifts-media-spend-5.html</id><link rel="alternate" type="text/html" href="http://www.babelinteractive.com/industry-news/2007/5/4/press-internet-and-direct-lifts-media-spend-5.html"/><author><name>Babel Interactive</name></author><published>2007-05-04T10:20:52Z</published><updated>2007-05-04T10:20:52Z</updated><summary type="html" xml:lang="en-US"><![CDATA[In the 12 months to March 31 overall UK media spend rose 5%, led by a press revival and growth in internet display and direct mail, according to Thomson Intermedia. 

However, broadcast is continuing to falter, with TV spend down 4% year-on-year to £3.9bn and radio down 9% to £305m.

Thomson claims all three terrestrial broadcasters lost ad revenue, and ITV's main channel ITV1 fell fastest with an 11% drop. 

ITV1 sales still appear to be in a parlous state despite improved morale at the broadcaster, following the hiring of Michael Grade as executive chairman last November; although the extent of the decline is levelling out.]]></summary></entry><entry><title>Google's first-quarter profits hit $1bn</title><id>http://www.babelinteractive.com/industry-news/2007/4/20/googles-first-quarter-profits-hit-1bn.html</id><link rel="alternate" type="text/html" href="http://www.babelinteractive.com/industry-news/2007/4/20/googles-first-quarter-profits-hit-1bn.html"/><author><name>Babel Interactive</name></author><published>2007-04-20T12:36:49Z</published><updated>2007-04-20T12:36:49Z</updated><summary type="html" xml:lang="en-US"><![CDATA[SAN FRANCISCO - Google has reported net profits of $1bn (£500m) in the first quarter of 2007, a 69% increase from the same quarter in 2006.]]></summary></entry></feed>