Independent News & Media is reported to have made a £40 million bid for Trinity Mirror’s Irish titles but the offer does not include the Belfast News Letter. The publishing group, headed by Tony O’Reilly, already owns the Belfast Telegraph and had been seen a strong contender for the newspapers, which were put up for… Continue reading O’Reilly Submits Bid For Trinity’s Irish Titles
ARCHIVE ▸ The Media Leader Staff
Granada chairman, Charles Allen, has conceded that he could accept the double divestment of ITV’s sales houses to save the broadcaster’s £4 billion merger with Carlton. Allen has so far been fiercely opposed to the idea that Carlton and Granada might be forced to sell-off their sales house in an attempt to calm fears over… Continue reading Granada Chief May Accept Divestment To Save ITV Merger
The number of broadband lines worldwide rose by 24.3% to 77 million during the first six months of 2003, with the fastest growth coming from the Europe, Middle East & Africa (EMEA) region, which jumped by 34.5%. According to the latest data from Point Topic, the Asia-Pacific region has the largest share of global broadband… Continue reading Worldwide Broadband Lines Grow 24% In First Half
Radio advertising could take a 10% share of total adspend in the US by 2012, according to a new projection unveiled at a Kagan World Media conference this week. Mediapost reports that Kagan forecasts radio spend to rise to $35.6 billion by 2012, which would be 9.7% of the total spend of $367.2 billion under… Continue reading US Radio To Take 10% Share By 2012, Says Kagan
The TV industry must take steps to make digital equipment and services easier to use if uptake of the technology is to be optimised, says a new report out this week. The research, Digital Television for All was carried out by The Generics Group for the Department of Trade and Industry and focused on the… Continue reading Digital TV Should Be More User Friendly, Says Report
AOL Time Warner is to drop AOL from its name in a symbolic move to distance the corporation from its ill-fated merger at the height of the dotcom boom. It is understood the move will be discussed at today’s board meeting and the group will revert back to the TWX stock ticker symbol that Time… Continue reading AOL Time Warner Set For Name Change
Advertising and PR firm, Chime Communications has reported a sharp fall in profits for the first half of 2003 and there seems little prospect of an improvement in the trading climate. Interim results issued today show a pre-tax profit of £3.0 million, down from £4.6 million last year. Operating income dropped 14% to £26.9 million.… Continue reading Chime Profits Drop By 35% As Conditions Remain ‘Testing’
Chrysalis Radio has seen its revenues rise by 14.8% during the twelve months to 31 August 2003, significantly outperforming the radio industry which grew by just around 3% over the same period. These strong figures come as the group disposes of its television assets to concentrate on the music and radio sectors (see Chrysalis Makes… Continue reading Chrysalis Radio Continues To Outperform Industry
Havas today posted a first half loss of â‚Ź58 million and issued details of a restructuring plan designed to revive fortunes at the ailing French advertising group. Operating profit fell to â‚Ź68 million in the six months to the end of June from â‚Ź115 million a year earlier. This was below analysts’ expectations and Havas… Continue reading Havas Presses On With Restructuring, H1 Profits Down
The number of worldwide broadband subscribers increased by 72% to approximately 63 million in 2002. This is the main finding of a new survey from the International Telecommunication Union (ITU). According to the study, the Republic of Korea leads the way in high-speed internet penetration with 21 broadband subscribers for every 100 inhabitants. Hong Kong… Continue reading One In Ten Global Internet Users Has Broadband, Says Study