AOL Time Warner chairman, Steve Case has vowed to become more involved in the running of the corporation as it looks to emerge from a difficult year. There had been widespread speculation that the falling share price, allegations of accounting malpractice and the slowing growth of the America Online internet unit had made Case’s position… Continue reading AOL Chief To Take More Active Role

Deutsche Telekom has received four bids for its cable television assets, all of which are below the troubled company’s expectations, according to an article in today’s Financial Times. The paper reports that the values of the bids range from E2.0 billion to E2.3 billion; Deutsche Telekom had hoped to raise between E2.5 and E2.8 billion… Continue reading Deutsche Telekom Cable Offers Are Below Expectations

Recent political and economic events have conspired to create an air of uncertainty in the media and advertising industries according to Lauren Rich Fine, a media analyst at Merrill Lynch. She says that negative earnings announcements, volatile share prices, confusing economic forecasts and the ongoing threat of war are resulting in advertisers becoming ever more… Continue reading Insight Analysis: Media Healthcheck – September 2002

UK consumer magazines’ share of total advertising spend is set to increase over the next 12 years according to the Long Term Advertising Expenditure Forecast from the Advertising Association, to be released this week. According to a report from the PPA, the AA figures predict that consumer mags’ share of adspend will rise from 6.1%… Continue reading UK Consumer Mags To See Rising Share Of Adspend In Long-Term

BSkyB will be able to secure the rights to Premiership football for a significantly reduced amount when the current deal comes up for renewal. That is the conclusion of a study from business information providers Sportcal out this week. The report predicts that Rupert Murdoch’s satellite broadcaster will be the only bidder for live matches… Continue reading BSkyB Is The Only Winner In Football Recession

Deutsche Bank will next week auction off a 40% stake in Axel Springer which publishes the prominent German newspapers, Bild and Die Welt. The bank has taken responsibility for the stake from Kirch Media which has been unable to repay loan debts after falling into bankruptcy earlier this year (see KirchMedia Files For Bankruptcy Signalling… Continue reading Axel Springer Stake Up For Sale

Emap has confirmed that Hachette Filipacchi is to keep hold of the glossy women’s monthly, Red after a £17 million deal was thrashed out between the two publishers. Emap insiders have suggested that the group was keen to maintain control of Red, and had increased its offer to Hachette several times in an attempt to… Continue reading Emap Sells Stake In Red Magazine

Following protracted negotiations, Rupert Murdoch’s News Corporation has agreed to buy Telepiù, the loss-making Italian pay-TV operator, from Vivendi Universal for E920 million (£580 million). Speaking at a conference in New York yesterday, Murdoch said that Telepiù was “a world class property in an untapped market without cable competition.” News Corp will take an 80%… Continue reading News Corp Completes Telepiu Transaction

In a bid to attract advertisers, the IAB, which represents the interests of interactive media companies, is to rebrand streaming media as “interactive broadcasting”. Research among more than 500 executives, 70% of whom work for ad agencies with primary responsibility in the media buying, planning and supervisory categories, found that 79% agreed that the change… Continue reading IAB Reveals New Name For Streaming Media

Germany is still the leading European internet power, with approximately one-quarter of the continent’s online population, according to a report from Information et Publicité. The research firm also found that German surfers spend an average of 522 minutes a month online. The Spanish and French are also keen surfers averaging 495 and 476 minutes respectively.… Continue reading Germany Is Top European Internet Market