Each week, MediaTel INSIGHT brings NewsLine readers a round-up of the latest news from the City affecting the media industry.This week, Emap announced that its pre-tax profits were down 13% for the year ending March 31, to £193 million (Full Story).The results, which also revealed that revenues at the company’s digital division increased by 32%,… Continue reading Media In The City: Emap Sees Pre-Tax Profits Fall
More Industry News articles
IPC Southbank has launched its new, much-hyped standalone homes portal, in a bid to revive its home interest portfolio and bolster the publisher’s digital output.www.housetohome.co.uk is “designed to be a one-stop shop for every home design and decorating need”, according to the publisher, enabling visitors to “develop their homes ideas and dreams with its wide… Continue reading IPC Unveils New Homes Portal
Google is being investigated by the Federal Trade Commission (FTC) over its purchase of online advertising company DoubleClick for $3.1 billion. According to a report in the New York Times, the FTC has opened a preliminary antitrust investigation into the purchase after concerns were raised about the merger of the two companies. Google bought the… Continue reading Google DoubleClick Acquisition Under Investigation
The World Federation of Advertisers (WFA) has welcomed the decision of European governments to adopt a new ‘Audiovisual Media Services’ directive, which will introduce new advertising rules for all TV and TV-like services, including interactive TV, video-on-demand, IPTV, and mobile TV.The directive will replace the 1997 ‘Television Without Frontiers’ directive, and is expected to enter… Continue reading WFA Welcomes New Ad Rules
A new plug-in device is set to come on to the market in late autumn which will enable consumers to listen to DAB digital radio and FM radio through their iPods.Roberts Radio and Frontier Silicon are working together to bring the device on to the market, at a retail price of around £50. All leading… Continue reading FM And DAB Radio To Be Available Via iPods
A new report from Verdict Research reveals the fastest rate of growth in the online retail sector since the busting of the dotcom bubble in 2001.Verdict says that in 2006 online retail spending in the UK grew by 33.4%, to a record £10.9 billion, almost 13 times faster than the retail sector overall.It means that… Continue reading Online Sales In The UK To Almost Triple Over The Next Five Years
The Post Office is to launch its own broadband service through a partnership with BT Wholesale.Under the four-year deal, BT Wholesale will provide an integrated range of telephony and broadband services.The first benefits from the agreement will be unveiled next month when Post Office HomePhone launches a new price and service package intended to strengthen… Continue reading Post Office To Launch Broadband Service
Blue Peter is to be cut from three episodes a week to two, the BBC has confirmed.The BBC said that the move would allow the show to “concentrate on more compelling and ambitious content”.A spokesperson for the BBC said: “Over the past year Blue Peter‘s daily presence has been reduced from five days a week… Continue reading BBC Cuts Back Blue Peter Episodes
Treasury officials could sell Channel 4 for £1 billion in a fund raising scheme to take place once Gordon Brown Becomes Prime Minister. According to a report in The Times, advisers close to Brown are considering the political and economic arguments in favour of privatisation, even though the Labour party has a manifesto commitment to… Continue reading Treasury Could Sell Off Channel 4
Aegis has recorded a total revenue increase of 10.8% at constant currencies for the first quarter, 4.6% at reported rates. The group’s organic revenue growth (excluding currency movements and the impact of acquisitions) has increased since 2006, to 8.5% in the first quarter, and Aegis says that it continues to achieve the fastest organic revenue… Continue reading Aegis Announces Q1 Revenue Increase
