United Business Media (UBM) will pay outgoing chief executive, Lord Hollick, a £250,000 bonus despite an expected revolt by shareholders at this week’s annual meeting. According to a report in the Financial Times , UBM recently wrote to key shareholders in an attempt to pacify them, arguing that the company is “legally” obliged to make… Continue reading UBM To Pay Hollick £250k Bonus
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ITV has axed its high profile Celebrity Wrestling after just three weeks, citing an ever declining audience share as the reason for its demise.The show, pitted against BBC1’s Dr Who, suffered from the offset, with its debut appearance drawing a peak of 3.8 million although the programme’s audience regularly waned, dipping below the 3 million… Continue reading ITV Drops Wrestling As Ratings Hit The Floor
This year’s Sony Radio Academy Awards, held last night, saw the BBC sweep the board winning 21 of the 32 awards on offer, with BBC Radio 2 winning the station of the year prize. Meanwhile, Xfm’s breakfast DJ, Christian O’Connell, won a hat-trick of prizes showing the success of his irreverent morning show.See below for… Continue reading Sony Radio Awards Sees BBC Sweep Board
Voice over Internet Protocol (VoIP) is poised for significant growth, with a report from analysts eMarketer predicting the next two years to mark the turning point for the technology. The new VoIP: Spending and Trends report focuses on the many factors driving VoIP adoption. Steve Butler, eMarketer senior analyst and author of the report said:… Continue reading VoIP To Increase Penetration In Two Years
Haymarket Publishing has confirmed the purchase of Media Week, Eye magazine, Packaging News and AV magazine from Quantum Business Media, ending speculation that has mounted ever since the company announced the sale of some of its most lucrative titles last year.Quantum was put up for sale as a whole in November 2004 with an estimated… Continue reading Haymarket Closes Deal On Media Week Purchase
Consumer magazine publisher, Hachette Filipacchi, has announced the launch of Psychologies magazine, extending the title’s reach to the UK after successes in France, Italy and Spain.Psychologies is the first magazine to be launched by Hachette Filipacchi UK since the company was established in 2002. The new edition will be entirely an British version, editorially produced… Continue reading Hachette To Psych Out Competition With New Launch
Outdoor advertising giant, Viacom Outdoor has appointed former Opus sales chief, Peter Charlton as its new sales director replacing Laura Doughty and joining the company’s senior management.Reporting to joint managing director, Tim Bleakley, the move will see Charlton fill Doughty’s shoes following her exit in March to work on Labour’s election campaign.Reports today suggest that… Continue reading Viacom Outdoor Raids GWR For Sales Chief
Ellis Watson, managing director of Trinity Mirror’s nationals division, has announced he is to leave the business to return home to Scotland, after joining the company as general manager in 2003.Ellis was appointed managing director of the publisher’s nationals division in May last year, holding responsibility for both UK and Scottish national titles.The newspaper boss… Continue reading Trinity Loses National Managing Director
Ulster TV (UTV) has made an official bid for the Wireless Group (TWG), offering £98.2 million for the company, equating to 91 pence in cash for each Wireless share. UTV directors believe that the acquisition of TWG will strengthen the company’s position as a TV and radio broadcaster in the Republic of Ireland. Commenting on… Continue reading UTV Offers £98.2 Million For Wireless
GCap Media formally began trading this morning, following the merger of Capital Radio and GWR, creating a single broadcaster with combined airtime sales accounting for nearly 40% of the UK’s commercial radio market, based on total listening hours. The High Court cleared the way for the two companies to merge at the end of last… Continue reading GCap Media Begins Trading
