Virgin Mobile is to dump its mobile TV service because of poor customer take-up.BT, Virgin’s partner on the mobile broadcast project, is disbanding its BT Movio business and has cancelled its contract with GCap Media, the company which owned the service spectrum.According to a report on MediaGuardian.co.uk, the service is likely to be switched off… Continue reading Virgin Mobile To Drop TV Service

Emap has launched a review of its structure and portfolio of assets, saying that “all options to maximise shareholder value will be examined, including a possible sale or demerger of some or all of its constituent businesses”. In a statement released today, the group said that it had already received various unsolicited proposals for parts… Continue reading Emap Launches Review Of Structure And Assets

BSkyB has announced that its full year revenue increased by 10% to £4.5 million, with an annual operating profit of £815 million. However, operating profit was down from £877 million last year to £815 million, while full profits for the year were £499 million, down 9.4%. The satellite broadcaster said that it had added a… Continue reading BSkyB Revenues Increase

United Business Media has released interim results for the six months ending June 30, with PR Newswire operating profits up by 14.7%. CMP Information’s first half revenues grew by 6.6% on an underlying basis, reflecting strong performances by the business’s events and its key print titles. However underlying profit in the half fell 8.3%, primarily… Continue reading United Business Media Releases First Half Results

Havas, the sixth-largest global advertising and communications group, has announced organic revenue growth of 4.4% for the first half of the year, with revenue of €729 million. The group also recorded organic growth of 5.4% in the second quarter, after a rise of 3.2% in the first quarter. Net new business for the first half… Continue reading First Half Revenue Increase For Havas

US consumer electronics marketers spent $1.9 billion online in 2006, or 13.7% of their ad budgets, according to new research from eMarketer. However, according to the Consumer Electronics Online: Converged or Confused? report, skepticism about ease of use, integration and hidden costs are keeping many would-be buyers on the sidelines. eMarketer says that the industry… Continue reading US Consumer Electronics Marketers Spent $1.9bn Online

A new report from eMarketer predicts that more than 50% of the US population – 155.2 million people – will watch video online next year. The Video Advertising Online: Spending and Audience report says that the high engagement factor of video, combined with the internet’s tracking and targeting capabilities, offers a valuable revenue stream for… Continue reading Over Half Of US Population Will Watch Online Video

The sci-fi series Heroes landed on terrestrial TV last night, with BBC Two showing the first two episodes back-to-back.The first episode, on at 9pm, picked up a peak audience of 4.1 million adults (a 20.9% audience share), whilst the second instalment, on at 9.40pm, managed to get a peak of 3.8 million adults (a 19%… Continue reading Good Start For BBC Two’s Heroes

June revenues increased for terrestrial channels by 4.5% year on year, although ITV1 was an exception as its revenue fell by 4.1%, likely due to the World Cup coverage dominating ITV1’s schedule this time last year (see England Score With Biggest World Cup Viewing Figures).Channel 4 had a very good month as it saw its… Continue reading TV Market Round-Up – June 2007

Setanta is to launch a sports news channel on Virgin Media, replacing Sky Sports News which the cable operator lost when it became embroiled in a dispute with Sky over the carriage of its basic channels.Virgin Media lost the Sky channels in March (see Sky Anytime? Not For Virgin Media Cable Homes), with the dispute… Continue reading Setanta To Launch Sports News Channel