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Archant’s operating profits for 2006 fell 6.8% to £29.5 million, although the group said that it had performed robustly in challenging conditions for the media industry. Continued progress in magazines and contract publishing saw profits in those businesses, including acquisitions, up 23.7% at £6.1 million, up from £5 million in 2005. In a statement to… Continue reading Archant’s Operating Profits Decline

The latest episode in the ongoing saga between Virgin Media and Sky has taken place today, with Virgin Media saying that it will take the satellite broadcaster to court if the carriage dispute is not resolved.Virgin Media customers are unable to receive Sky’s basic channels after talks between the two companies broke down over the… Continue reading Virgin Media Threatens Legal Action Over Sky Channel Dispute

SMG has announced that Jamie Mathieson and Lord Waheed Alli are to join the company’s board of directors as non-executive directors. Jamie Mathieson (52) is the executive chairman of Brewin Dolphin Holdings PLC. He was previously a non-executive director of Scottish Radio Holdings until its sale to Emap, and is currently a non-executive director of… Continue reading SMG Appoints Non-Executive Directors

Tony Chambers has been promoted to the position of editor-in-chief of Wallpaper*, the iconic design, fashion and lifestyle magazine.Chambers is currently a member of the senior editorial team and will take up his new post on 26 March. As the style bible’s creative director, Chambers’ achievements at Wallpaper* include the introduction of a new design… Continue reading Chambers Becomes New Editor-In-Chief Of Wallpaper*

Endemol chief operating officer Tom Barnicoat has stepped down, with Barnicoat now expected to launch a management buyout of the television producer. There has been mounting speculation that Barnicoat is preparing a buyout of Endemol, and now that he is a free agent, he will be able to do so. Telefonica executives met last month… Continue reading Endemol Chief Operating Officer Steps Down

Each week, NewsLine brings you a round-up of the latest news from the City affecting the media industry.There were several big financial releases, with Virgin Media announcing that its revenue increased to £1,081.6 million in the fourth quarter of 2006, up from £1,024.9 million in Q3.Of course, Virgin Media has been in the news for… Continue reading Media In The City

Virgin Media has said that it will give its customers until the end of the month to cancel their agreements after the transmission of Sky’s basic channels was stopped for Virgin cable customers last week.However, Sir Richard Branson’s company insists that not offering the channels, which includes flagship Sky One, does not constitute a breach… Continue reading Virgin Promises To Cancel Subs For Unhappy Customers

Revenue generated by the premium video services market in the US, an area comprising pay-TV, mobile video, DVD, broadband video and theatre/box office receipts, is expected to rise to $277 billion by 2010, up from less than $200 billion in 2006, according to a new forecast from iSuppli. Much of that growth will be driven… Continue reading US Pay TV Market To See Revenue Increase

The BBC has joined forces with YouTube to create branded BBC channels on the website, operating under separate BBC and BBC Worldwide agreements.The partnership will see clips of new BBC shows and specially commissioned promotional content linked to popular series such as Doctor Who and Life On Mars, aired on YouTube.At launch, the YouTube community… Continue reading BBC Does Deal With YouTube

February saw several forecasts which predicted the emergence of internet protocol television (IPTV) as a mainstream force, with uSwitch.com stating that the platform is set to take off in 2007. USwitch.com said that IPTV is changing the way consumers watch television, with the average UK broadband user already spending 30 minutes a week downloading films… Continue reading INSIGHTanalysis: Media Healthcheck – February 2007