Channel 4 performed admirably throughout January, marking an excellent start to the year for the broadcaster with a 16.5% increase in revenues year on year, pushing its total to more than £55 million. Channel 4 recently announced that the beginning of the year had brought its best January in five years, with the broadcaster’s audience… Continue reading TV Market Round-Up – January 2005
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The Financial Times will switch its format to a tabloid edition for one day only later this month, producing a compact-only budget special.The one-off title will hit newsstands on March 16th, just hours after Chancellor of the Exchequer Gordon Brown delivers his pre-election budget to the House of Commons.According to The Guardian the reduced-format title… Continue reading FT To Drop Broadsheet For Budget One-Off
The Telegraph Group has continued its redundancy drive, with 15 journalists reportedly forced from their jobs yesterday, with a further 75 having already opted to take the company’s voluntary redundancy package.According to the Guardian the company held interviews with those journalists to be made redundant after they were chosen through a system assessing their performance… Continue reading Telegraph Sheds More Staff In Redundancy Drive
Ipsos-RSL has announced that the National Readership Survey results for the period ending December 2004 will be delayed following the incorporation of the London self-completion questionnaire data in the NRS database as “extensive” revisions to the company’s data processing procedures are needed to accommodate the new figures.In an e-mail sent to NRS subscribers the company… Continue reading NRS Data Delayed As Processing Procedures Revised
CN Radio has promoted Peter Fletcher to the position of managing director at Lakeland Radio, the company’s recently acquired radio station serving the South Lakeland area.The move puts Fletcher in charge of the operation, which was acquired by CN radio last month as the company purchased the remaining 60% of its shares for an undisclosed… Continue reading CN Radio Reshuffles Management At Lakeland
The nation’s broadcasters have welcomed Culture Secretary Tessa Jowell’s proposals for the BBC, outlined yesterday to include the creation of a new BBC Trust to replace the current board of governors, while the licence fee continues to provide funding for another ten years (see Governors Axed As BBC Charter Renewed For 10 Years).A spokesman for… Continue reading Broadcasters Welcome BBC Green Paper Proposals
Newspaper publisher, Trinity Mirror, has announced a 25% increase in its annual profits, despite the continued circulation decline of its flagship publication, the Daily Mirror.In a statement made this morning to the London Stock Exchange, Trinity revealed a 6.6% rise in revenue for 2004, taking the group’s total to £1.1 billion. The company reported that… Continue reading Trinity Reports Profit Increase As Cost Cuts Continue
Grey Global Group shareholders have approved the sale of the company to Sir Martin Sorrell’s WPP Group, clearing the way for the deal to close on March 7 this year. Grey shareholders are reported to receive $1.7 billion in cash and WPP stock out of the $1.5 billion purchase of the New York based media… Continue reading Date Set For Grey And WPP Deal
Online advertising for the first quarter of 2005 is reported to be performing strongly, with industry experts and research companies revealing an increase in advertising revenue for this quarter and throughout 2004, according to Merrill Lynch. The Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers estimate that for the last quarter of 2004 online adspend hit $2.7… Continue reading Strong January For Online Adspend
Online advertising is predicted to fuel the advertising industry throughout the coming year, with top industry agencies and research specialists forecasting that the medium will enjoy a strong performance throughout 2005. February saw Starcom UK Group claiming that online advertising expenditure had increased by 52% to £507 million, accounting for 3.4% of total adspend in… Continue reading INSIGHTanalysis: Media Healthcheck – February 2005
