ITV has axed its high profile Celebrity Wrestling after just three weeks, citing an ever declining audience share as the reason for its demise.The show, pitted against BBC1’s Dr Who, suffered from the offset, with its debut appearance drawing a peak of 3.8 million although the programme’s audience regularly waned, dipping below the 3 million… Continue reading ITV Drops Wrestling As Ratings Hit The Floor

Media group Chrysalis has revealed a dramatic drop in its profits for the first half of the financial year, attributing the decline to falling audiences and a difficult period of trading in its books division. The group shows turnover to have dropped to £78.4 million for the six months ended 28 February 2005, compared to… Continue reading Chrysalis Reveals Drop In First Half Profits

United Business Media (UBM) will pay outgoing chief executive, Lord Hollick, a £250,000 bonus despite an expected revolt by shareholders at this week’s annual meeting. According to a report in the Financial Times , UBM recently wrote to key shareholders in an attempt to pacify them, arguing that the company is “legally” obliged to make… Continue reading UBM To Pay Hollick £250k Bonus

Voice over Internet Protocol (VoIP) is poised for significant growth, with a report from analysts eMarketer predicting the next two years to mark the turning point for the technology. The new VoIP: Spending and Trends report focuses on the many factors driving VoIP adoption. Steve Butler, eMarketer senior analyst and author of the report said:… Continue reading VoIP To Increase Penetration In Two Years

Reports this morning suggest an imminent consolidation of the UK’s cable TV industry, with operators Telewest Global and ntl believed to be preparing a £5.5 billion merger.The move would create a more unified rival to BSkyB’s dominant digital satellite service, with ntl employing Goldman Sachs to advise on the planned merger, according to today’s Times… Continue reading Cable Giants Mull Merger To Tackle Sky

Ulster TV (UTV) has made an official bid for the Wireless Group (TWG), offering £98.2 million for the company, equating to 91 pence in cash for each Wireless share.UTV directors believe that the acquisition of TWG will strengthen the company’s position as a TV and radio broadcaster in the Republic of Ireland.Commenting on the offer,… Continue reading UTV Offers £98.2 Million For Wireless Group

GCap Media formally began trading this morning, following the merger of Capital Radio and GWR, creating a single broadcaster with combined airtime sales accounting for almost 40% of the UK’s commercial radio market, based on total listening hours.The High Court cleared the way for the two companies to merge at the end of last week,… Continue reading GCap Begins Trading As Chrysalis Snaps Up Century

Ulster TV (UTV) has made an official bid for the Wireless Group (TWG), offering £98.2 million for the company, equating to 91 pence in cash for each Wireless share. UTV directors believe that the acquisition of TWG will strengthen the company’s position as a TV and radio broadcaster in the Republic of Ireland. Commenting on… Continue reading UTV Offers £98.2 Million For Wireless

GCap Media formally began trading this morning, following the merger of Capital Radio and GWR, creating a single broadcaster with combined airtime sales accounting for nearly 40% of the UK’s commercial radio market, based on total listening hours. The High Court cleared the way for the two companies to merge at the end of last… Continue reading GCap Media Begins Trading

Reports this morning suggest an imminent consolidation of the UK’s cable TV industry, with operators Telewest Global and ntl believed to be preparing a £5.5 billion merger. The move would create a more unified rival to BSkyB’s dominant digital satellite service, with ntl employing Goldman Sachs to advise on the planned merger, according to today’s… Continue reading NTL And Telewest Consider Merger