GWR Group plc’s 63% owned subsidiary, Digital One, announcement today that they are to enter into a strategic agreement with Imagination Technologies plc to jointly develop, fund and market a low power, low cost digital Base-Band chip and the reference design for a digital radio receiver module. The agreement will result in smaller, lighter, portable… Continue reading Cost Of Digital Radio Set To Fall

According to a new report by The Media Audit internet radio is slowly taking off in the US and is attracting “significant local market audiences” According to the report, 23 radio websites are attracting over 2% of all adults in their immediate markets and this figure would double if considered as a percentage of only… Continue reading Web Radio Slowly Takes Off In US

Pearson is to cut around 40 jobs from its online division, which includes FT.com, in order to steer its businesses towards profitability by the end of 2002. The job losses will occur across the FT internet businesses, including FT.com, FT Careerpoint and FT Your Money. The reduction in staff is said to result from the… Continue reading 40 Jobs To Be Cut At Online FT

In his statement at today’s annual general meeting, SMG chairman Don Cruickshank told shareholders that first quarter trading at the core television division is down around 9% on last year and stated that the higher licence payments for its ITV franchises would also be a burden In television, trading is down approximately 9% on the… Continue reading SMG Issue AGM Statement

According to a report in the Financial Times News Corporation and Vivendi Universal are in talks about merging their Italian pay-TV businesses, Stream and Telepiu. Talks are said to be at an early stage and similar discussions are understood to have fallen through in the past. The main obstacles to such a merger, says ABN… Continue reading News Corp And Vivendi May Merge Italian Pay-TV Businesses, Says FT

It is understood that Granada has acquired the rights to the ITV.com domain name, paving the way for a genuinely-united ITV internet presence. The previous owners of the domain, registered in 1994, were unrelated to the TV Network and are understood to have sold the address to Granada for £100,000. So far, each ITV franchise… Continue reading Insight Analysis: Acquisition Of ITV.com Could See Stronger Web Presence From The Network

Viacom has has pulled its CBS and Infinity Broadcasting networks out of the US’ National Association of Broadcasters (NAB) after a continued disagreement over the television audience limit imposed on each broadcasting group. The move follows similar withdrawals from Fox and NBC. The major networks have all left NAB because it agrees with the Federal… Continue reading Viacom Networks Leave NAB Over Audience Limit

Digital TV could be in the homes of 50% of consumers by 2002, according to new research. A Gallup poll undertaken for Pace Micro Technology revealed that in addition to the 28% of consumers who already take digital services, 13% intend to switch within 12 months. When this total is added to the number of… Continue reading 50% Of Homes Could Be Digital By 2002, Says Research

European Union ministers are debating a plan to harmonise the telecommunications industry and officials say they are unwilling to hand over national decisions to the EU HQ. The commission will instead have two months in which to object to any plans it believes will be in violation of EU law. Ministers also rejected Commission’s recommendation… Continue reading EU Ministers Debate Telecoms Regulations

UK media monitoring company Thomson Intermedia has issued its first set of financial results since floatation on the Alternative Investment Market (AIM) on 5 May last year. The group, which monitors ad rates and media coverage for marketeers, unveiled a pre-tax loss of £2.9 million, in line with expectations. Turnover rose by 22% to £2.14… Continue reading Thomson Intermedia Unveils First Results Since Float