United Business Media (UBM) has announced the sale of its market research arm, NOP World, to German company GfK Aktiengesellschaft for £383 million in cash. Earlier this year, UBM announced a review of strategic options for NOP World and a commitment that “if sold, the Board intends that UBM should return a substantial part of… Continue reading UBM Sells NOP To German Research Firm
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Shareholders of radio groups Capital Radio and GWR Group have approved the merger of the two companies, creating a single broadcaster with control of more than 40% of the radio advertising market. At an Extraordinary General Meeting held earlier today, all other resolutions proposed, including changing the company name to GCap Media were passed by… Continue reading Shareholders Approve Capital GWR Merger
Staff – MediaTel NewsLine Jim Kite, Universal McCann’s top research executive, has left the company’s global research division at the Interpublic unit, taking up the head research post at Publicis’ MediaVest unit to mark the latest high-profile defection from McCann’s senior management team.Last month saw Robin Kent replaced in the position of worldwide chief executive… Continue reading McCann Loses Kite As Wind Of Change Sweeps Management
Staff – MediaTel NewsLine The BBC has launched the Creative Archive Licence, allowing companies and institutions to download material from its extensive film, television and radio back catalogue legally for the first time.Media and arts organisations, universities and libraries have been urged by the Corporation to subscribe to the scheme, designed to allow public access… Continue reading BBC Shares Archives Through Legal Downloads
Staff – MediaTel NewsLine Carat has appointed acting managing director Neil Jones as the company’s new managing director, filling the shoes of Colin Mills, who left the post earlier this year with no new role to go to.Mills’ departure ended an 11 year tenure at the company, six of which were spent as managing director… Continue reading Neil Jones Appointed MD Of Carat
Staff – MediaTel NewsLine National student union TV network, SUBtv, has secured a further 20 university campuses to expand its network into a total of 85 institutions and reach 1.5 million students every week, representing 75% of the overall student population.The massive expansion, made as part of the broadcaster’s strategic growth programme, sees the network… Continue reading SUBtv Expansion Corners 75% Of Student Audiences
Sarah Pearce – MediaTel NewsLine Global digital television penetration is predicted to reach 144 million homes by the end of 2005, with this figure set to more than double by the end of the decade, to 370 million, according to MediaTel INSIGHT’s latest Digital TV Report.Earlier this week, at MediaTel INSIGHT’s Future of Digital TV… Continue reading Global Digital TV To Reach 144 Million Homes By End Of 2005
Sarah Pearce – MediaTel NewsLine British Airways, O2, Direct Line and 20th Century Fox are to be amongst the first advertisers to use digital poster advertising technology on the London Underground.The first wave of advertising campaigns using Viacom Outdoor’s Digital Escalator Panels, enabling advertisers to create animated posters that move or feature changing text, will… Continue reading First Digital Advertisers Make Debut On Tube
Future has announced that its bid for Highbury House Communications has lapsed following an earlier announcement from the Office of Fair Trading (OFT). The OFT refereed the proposed merger of magazine publishers Highbury House Communications and Future, to the Competition Commissions under provisions of the Enterprise Act, 2002. Future’s all-share bid for Highbury was announced… Continue reading Future Drops Highbury Merger After OFT Referral
Cable TV was predicted to enjoy an upturn in popularity, with Europe leading the way in terms of take up, at the MediaTelINSIGHT Future of Digital TV Seminar, held earlier this week. Sitting on the seminar discussion panel, journalist and broadcaster Ray Snoddy was optimistic about cable prevalence in the digital television market, pointing to… Continue reading UK Cable Revival Predicted As Europe Sees Growth
