Clive Hollick, the former chief executive officer of United Business Media (UBM), has turned down a controversial £250,000 bonus following a revolt from the company’s shareholders. Shareholders disapproved of the large payout at last week’s annual general meeting, with around three quarters voting against the remuneration report (see UBM To Pay Hollick £250k Bonus). Earlier… Continue reading Hollick Refuses £250K Bonus
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The broadband market in Latin America is getting back on track, aided by 2004’s relatively stable economic market and by increasing affordability, popularity and advances in internet connection speed, according to eMarketer’s new Latin America Broadband report. Commenting on the new research, Ben Macklin, a senior analyst and author of the report said: “The broadband… Continue reading Latin America Broadband Back On Track
Newspapers are increasingly feeling the impact of a varied media landscape, according to a new report from eMarketer, with circulations in the US at their lowest point since 1996.John Strum, executive director of the Newspaper Association of America (NAA) explained the situation, stating: “Two years ago search engines were not viewed as much of a… Continue reading Newspaper Decline Is Worst Since 1996
Cable company, Telewest, has acquired Sit-Up TV for £194 million adding the company’s shopping channels to its television content businesses, which include Flextech and a 50% share in UKTV.Sit-Up has become one of the country’s fastest growing home shopping businesses, rivaling QVC for market-leadership, generating £206 million in turnover last year, up from £119 million… Continue reading Telewest Goes Shopping For Sit-Up TV
The new television marketing body, Thinkbox, has announced the launch of its industry web resource, aiming to provide a one-stop resource for all those in the UK’s television industry.As a key element of the marketing body’s action plan, Thinkbox has invested heavily in the development of the website and will regularly update the site with… Continue reading Thinkbox Unveils Online Industry Resource
Reports over the weekend suggest that shareholders in the recently-formed GCap Media are to demand that either chairman Ralph Bernard or chief executive David Mansfield leave their posts over dissatisfaction with the post-merger structure.The company, which began trading last week following the formal merger of Capital Radio and GWR Group, was dealt another blow by… Continue reading GCap Management Face Shareholder Revolt
Satellite heavyweight, BSkyB, is believed to have appointed Boston Consulting Group to review the company’s efficiency and costs ahead of possible job losses as the company’s marketing costs continue to rise.The broadcaster announced stronger than expected subscriber growth earlier this month, with uptake of its services in the third quarter of 2004 up by nearly… Continue reading Financial Review Hints At Job Losses At Sky
Satellite heavyweight, BSkyB, is believed to have appointed Boston Consulting Group to review the company’s efficiency and costs ahead of possible job losses as the company’s marketing costs continue to rise.The broadcaster announced stronger than expected subscriber growth earlier this month, with uptake of its services in the third quarter of 2004 up by nearly… Continue reading Financial Review Hints At Job Losses At Sky
Commercial radio enjoyed a positive start to 2005, with figures from the Radio Advertising Bureau (RAB) showing first quarter revenue to be up 2.8% year on year, reaching £162 million. National advertising revenue for radio across the first three months of 2005 rose by 3.5% year on year, to £95.9 million, while Sponsorship & Promotions… Continue reading Commercial Radio Q1 Revenue Up By 2.8%
The nation’s commercial radio broadcasters saw revenues rise as a whole at the beginning of the year, with the Radio Advertising Bureau reporting a year on year rise of 2.8% in the first quarter of 2005.The RAB’s figures, published today, show that total commercial radio revenue reached £162.0 million between January and March, while national… Continue reading Radio Adspend Grows As Sponsors Leads The Way
