29 January 2001 The company behind the idea of the free morning newspaper, Sweden’s Metro International, has today announced the launch of a new newswire and information service called Metro World News. Versions of Metro International’s free Metro newspaper are now published in 18 cities around the world and the business model has been adopted… Continue reading Metro International Seeks Savings In Global Publishing
ARCHIVE ▸ The Media Leader Staff
26 January 2001 French magazine group Marie Claire is understood to be planning the launch of a French version of Hearst’s US fashion magazine Harper’s Bazaar. According to a report in French newspaper La Tribune, Marie Claire may reach an agreement with Hearst to produce the magazine in France. The two companies already have a… Continue reading Marie Claire May Launch French Harper’s Bazaar
26 January 2001 WPP has today announced the launch of Red Cell (www.redcellnetwork.com), a global communications network focusing on the needs of ‘challenger brands’. Chief executive, Sir Martin Sorrell, describes these challenger brands as ‘lean, ambitious, agile, digitally wired businesses that demand world-wide marketing and communication capabilities’. “Red Cell is the first global communications network… Continue reading WPP Launches Global Network For ‘Challenger Brands’
25 January 2001 Luxembourg-based media group RTL has won permission from the Conseil Superieur de l’Audiovisuel (CSA) to take a 20% stake in French radio group Sud Radio. The holding will be acquired from Sud Communications for €5.48 million (£3.46 million) and the transaction should be completed by the end of the month. RTL Group… Continue reading RTL Takes 20% Stake In France’s Sud Radio
Capital Radio stock tumbled 90p by 1:00pm this afternoon after what investors regarding as a disappointing set of figures emerging from the company’s AGM. The company reported a 12% increase in revenues during the last quarter of 2000 following the successful acquisition of Beat 106 and Century Radio. In today’s meeting Capital said like for… Continue reading Capital Stock Falls Following AGM Statement
After a steady decline since the mid-1950s, cinema attendance in the European Union started to climb again in the 1990s, according to Eurostat. However, despite the growth, the 800 million admissions during 1988 still fall well short of the 1955 peak of 4 billion. The advent of home entertainment technologies – including video and cable… Continue reading Europeans Return To Cinemas
At its Annual General Meeting Scottish Radio Holdings (SRH) today told shareholders that trading for the first three months of the financial year (October to December) showed revenues up 16%, mainly from acquisitions made the previous year. In existing business, however, revenues were flat after a particularly disappointing December when advertising demand turned out to… Continue reading Scottish Radio Revenues Up 16% As Partnership Talks Continue
Talk of an imminent recession has filled the media trade press in recent weeks. AC Nielsen and the IPA disagreed over the extent of the slump but the message from all sides was the same: the next six months will be tough for the sector as a whole. Blame has been laid on excessive dotcom… Continue reading Insight Analysis: Media Sector Slumps After Unparalleled Year Of Deals
BSkyB is preparing to write off as much as £250m of a £301m investment in new media company Sports Internet Group, according to reports. Confirmation of the loss is expected to be revealed when financial results for BSkyB are released next month. Sky made the investment in the firm, which runs official websites for a… Continue reading BSkyB Set To Write Off Millions In Internet Losses
New figures from IDC predict that the esecurity services market, which topeed 1.5 billion in 2000 will exceed $4 billion dollars in Western Europe by 2004. This makes it one of the fastest-growing segments in the European IT services market surpassing current market leaders. “The race to properly secure Europe’s ebusiness networks will be a… Continue reading Europe’s eSecurity Services Market To Reach $4 Billion By 2004