More Industry News articles

Channel 4 increased its share of advertising and share of peak-time viewing in 2008, despite cutting its programme budget.The broadcaster reported a record share of UK TV advertising at 24.1% and a record share of peak viewing of 12.7% – up 1% – in its annual results for last year.Channel 4’s record results come after… Continue reading Channel 4 announces record share of advertising

TV put in another robust performance in the first three months of 2009, with average daily hours viewed standing at 3.96 hours for all individuals, according to the latest IPA Trends in Television report published today.This compares to 3.74 hours in Q4 2008 and 3.97 hours year on year, said the IPA.It also found that… Continue reading IPA Trends in Television report: Another robust performance from TV

ITV1’s UEFA Champions League Live coverage attracted more than 9 million peak viewers during the all-important evening slot last night.The Arsenal v Manchester United semi-final, which saw Man Utd win 3-1 at Arsenal’s home-ground with two goals from Ronaldo and one from Park, pulled in 7.4 million average viewers and a 31.8% share between 7.30pm… Continue reading Arsenal v Man United scores over 9m viewers

Publicis Groupe chairman Maurice Lévy says that the business model for print media is broken.Speaking at yesterday’s Fipp World Magazine Congress in London, Lévy said that there were tough times ahead for traditional media, with structural issues at the heart of the problem.He said: “The end of the economic crisis will not be, I’m sorry… Continue reading Maurice Lévy: “Print media’s business model is broken”

Times Newspapers has reported a loss of £51.3 million for the year ending June 30 2008, compared with a loss of £43.9 million for the previous year.The publisher’s losses reportedly came from a rise in the cost of newsprint, a one-off charge associated with moving the print-run from Wapping to Broxbourne and redundancy costs.The group’s… Continue reading Times Newspapers reports £51 million loss

Setanta has slashed its subscription charge to just £3.33 a month in a bid to keep customers over the summer period.The sports broadcaster is set to offer existing subscribers live sports for just £9.99 for three months, a significant reduction on Setanta’s normal rate of £12.99 a month for satellite subscribers.Setanta is thought to be… Continue reading Setanta slashes subscription charges

The makers of Golf Punk magazine are launching a monthly football title tomorrow, Football Punk, featuring an interview with Liverpool’s Steven Gerrard.The magazine was trialled as a free supplement in Golf Punk last August and had been expected to launch as a standalone title in January but was delayed by a takeover of publisher JF-Media.The… Continue reading Football Punk magazine launches tomorrow

Global Radio has implemented a further round of jobs cuts, which will mainly affect backroom staff at the group’s Xfm and Gold network of stations.Global declined to comment on specifics but the total number of job losses are expected to be between 20 and 30 staff on the two station networks, which have struggled to… Continue reading Global Radio starts another round of redundancies

Virgin Media added 7,100 new subscribers in the first quarter of 2009 but saw revenues fall below £936 million due to poor performance in its business communications division.The cable company persuaded 47,300 households to take up its broadband service, down from the 57,100 in the run-up to Christmas and 88,400 during the same period last… Continue reading Virgin Media gains 7,100 customers in Q1

Virgin Media added 7,100 new subscribers in the first quarter of 2009 but saw revenues fall below £936 million, although the company managed to convert more of that into cash that the City had expected. The cable company persuaded 47,300 households to take up its broadband service, down from the 57,100 in the run-up to… Continue reading Virgin Media gains 7,100 customers in mixed first quarter