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Richard Wheatly is understood to be heading up a consortium in a bid to buy Jazz FM from the Local Radio Company, following his resignation as non-executive director of LRC yesterday.Wheatly, who sold Jazz FM to the Guardian Media Group for £44.5 million six years ago and relaunched it last October through LRC (see Jazz… Continue reading Wheatly-led consortium plans to buy Jazz FM

The Daily Sport‘s publisher Sport Media Group has recorded a £18.2 million pre-tax loss in the year to 31 July, after stripping £20.7 million off the value of its assets.SPMG was forced to write down the value of Sport Newspapers, which it bought for £50 million in December 2007, by around one third due to… Continue reading Daily Sport publisher records £18.2m loss

Daily Sport publisher Sport Media Group has posted a pre-tax loss of £18.2 million for the year to the end of July, after stripping £20.7 million off the value of its assets, due to the current market conditions. SPMG was forced to write down the value of Sport Newspapers, which it bought for £50 million… Continue reading Sport Media Group records £18.2m pre-tax loss

ITV has signed its largest ever syndication deal with Virgin Media today, giving Virgin’s viewers 8 days worth of catch-up shows and archive programming across ITV1, 2, 3 and 4.The four year deal, which gives ITV a fixed revenue share, will allow Virgin customers to access popular ITV shows on-demand, such as Coronation Street and… Continue reading ITV and Virgin Media sign on-demand deal

Last year was pretty gloomy for newspapers, with circulations continuing to fall and the financial downturn beginning to bite, while a question concerning many was the migration to digital.One of the biggest stories of the year, at least as far as regional publishers were concerned, came in November as the BBC Trust rejected the Corporation’s… Continue reading 2008 round-up: Newspapers

British consumers pay more attention to print ads rather than online ads, according to Deloitte’s new Media Democracy survey into the media consumption habits of Brits aged between 16 and 74. The study found that 59% of consumers pay the greatest attention to print ads in magazines, while 56% pay more attention to ads in… Continue reading Consumers pay more attention to print ads than online ads

BBC One’s return to Waterloo Road pulled in over 5 million peak viewers but failed to beat ITV1’s long-running police drama The Bill.The first in the new series of the school drama, starring Eva Pope and Neil Morrissey, attracted 4.6 million average viewers and a 18.5% audience share between 8pm and 9.30pm.BBC One’s new benefit… Continue reading Waterloo Road’s return failed to fight off The Bill

The BBC has released its end of year figures, with BBC Three and BBC iPlayer delivering record performances.BBC Three’s best recording week ever fell over the two week Christmas and New Year period, between December 22 to January 4, with a 51% share among its target audience of 16-34 year olds.The results finish off a… Continue reading BBC Three and BBC iPlayer deliver record performances

MediaTel Group is hosting a full morning seminar next month looking at the ‘Future of TV’, with tickets at just £175 for those who book by this Friday.Panellists confirmed for the event so far include Jonathan Gillespie, head of media solutions at YouTube; Claire Tavernier, executive vice president of FMX at FremantleMedia; Jim Hytner, commercial… Continue reading MediaTel Group Hosting ‘Future Of Television’ Seminar

One of the largest advertising agencies in the world, JWT, has released its list of 90 things to watch out for in 2009, including newspapers’ migration to digital, personalised mobile phones and online TV networks.JWT’s ’90 Things to Watch in 2009′, which comes from the agency’s data and research analysis in New York, as well… Continue reading JWT’s “90 Things to Watch in 2009”