Television is a “trustworthy” medium, according to Channel 4’s chief executive, Andy Duncan, who spoke out last night in defence of the industry following the Archbishop of Canterbury, Rowan Williams’ attack on the media last week.Delivering his lecture to Faithworks, a Christian action organisation, last night, Duncan stated: “You’ve heard politicians talk about the roles… Continue reading Duncan Defends TV’s Trustworthiness
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Alain de Pouzilhac has stepped down from the position of chairman and chief executive officer of Paris based advertising group, Havas, after losing control of the agency to French industrialist Vincent Bolloré. Havas’s board of directors has agreed to a transitional period in which Richard Colker will assume the position of chairman and chief executive.… Continue reading Alain de Pouzilhac Steps Down As Havas Chairman
Consumer service revenues for telecoms providers in the US are predicted to deteriorate over the next several years, dropping to $106.7 billion in 2009 due to decreasing revenues for voice services and dial-up outweigh revenue increases for cable TV and broadband, according to In-Stat. The high-tech market firm predicts broadband to continue growing in strength,… Continue reading Broadband To Overtake Dial-Up By 2009
The US advertising market looks set to remain relatively tepid, with analyst Merrill Lynch revising US ad growth for 2005 downwards to 4.5%, from the previously expected 4.8% growth. Global ad predictions mirror Merrill’s drop in its confidence for the US market, dipping substantially to 3.8% growth from earlier estimates of 4.6%. An initial forecast… Continue reading Merrill Revises 2005 Ad Growth Forecasts Downwards
Xfm has announced the management structure for its newly-won FM licence in Manchester, promoting Andy Ashton to the newly-created role of programme director for the Xfm Network to oversee the station’s launch.As well as continuing his role as programme controller for Xfm in London, Ashton will assume responsibility for developing output for Xfm Manchester, which… Continue reading Xfm Lines Up Management For Manchester Launch
BSkyB has signed a deal to become the sole owner of Artsworld, the UK’s only dedicated arts and culture channel, in a move which will make the channel available to the broadcaster’s seven million subscribers from September.Since its launch on December 2000 Artsworld has been available to Sky customers for an additional subscription fee of… Continue reading Sky Scoops Artsworld To Bolster Portfolio
GCap Media today warned that the outlook for the radio advertising market remained weak, after advertising revenues fell dramatically during May. The company revealed that total group revenues dropped by 14% in May, on the back of “weak” consumer confidence and a decline in marketing spending from a number of key advertisers. GCap said that… Continue reading GCap And Chrysalis Warn Against Weak Radio Ad Market
Emap has secured control of Scottish Radio Holdings (SRH) for £391 million, seizing control of the company’s 22 radio stations and selling its newspaper interests off to Johnston Press for £155 million. The SRH board accepted Emap’s deal, which values the company at £391 million, with the company receiving 1,088 pence per share, after rejecting… Continue reading Emap Buys Scottish Radio Holdings
In May, media agencies and industry bodies used the performance of the advertising market from the first quarter of 2005 to predict advertising expenditure for the coming year. Online advertising was shown to perform in line with predictions, growing at a rapid rate. At the beginning of the month, analyst eMarketer, released new forecasts for… Continue reading INSIGHTanalysis: Media Healthcheck – May 2005
The US advertising economy continues to look mixed with results from two major media, outdoor and business to business media giving confusing signals to marketers. Outdoor advertising expenditure in the US was shown to rise only 2.9% during the first quarter of 2005, a much slower rate than previously estimated by industry experts. Business to… Continue reading Mixed Outlook For US Advertising Market