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Pearson, the international media group, said today it expected its flagship newspaper, the Financial Times, to break even by the end of the year despite an erratic advertising market.The publishing group said ad revenues for the first nine months of this year were up 2%, and forecast the Financial Times would break even in the… Continue reading Financial Times Expected To Break Even By Year End

The internet now accounts for 20% of total media consumption in Europe as the amount of time people spend online continues to increase rapidly, according to the latest research from the European Internet Advertising Association.The pan-European study, carried out by Millward Brown, shows that television still leads the field in terms of media consumption with… Continue reading Internet Now Accounts For 20% Of Media Consumption

MSN UK has announced a one-off promotional partnership with EasyJet that will see the budget airline take over the internet portal’s homepage with a new advertising format.Brokered by OMD Digital, the deal will enable EasyJet to reach MSN’s massive online audience and extend the reach of it’s ‘Come On, Let’s Fly’ campaign. The promotion takes… Continue reading MSN Signs One-Day Take-Over Deal With EasyJet

ITV has secured Co-Operative Bank and Co-Operative Insurance Society as the joint sponsors of The Bill, one of the cornerstones of its prime-time schedule.The twelve month deal includes full broadcast sponsorship of the long-running police drama on ITV1, as well as midweek repeats and a Saturday evening omnibus on the recently launched ITV3. There will… Continue reading ITV Sales Collars Joint Sponsor For The Bill

class=”article”>The Media Research Group conference in Madrid attracted papers and presentations from every area of the industry. Derek Jones, managing director of MediaTel Group, takes a look at the best and the worst that the conference had to offer…The MRG 40th Anniversary conference ended on Friday rather as it had begun – a little weakly… Continue reading NewsLine Comment: Derek Jones – MediaTel Group

The BBC has announced plans to rein in its £111 million internet operations and close a raft of websites in response to criticism from a review commissioned by the Government earlier this year.The Corporation’s board of governors yesterday published their response to the Graf review and outlined a new remit for bbc.co.uk, which has come… Continue reading BBC Announces Radical Shake-Up Of Online Operations

Freeview will today tell the government that the cost to consumers of converting Britain to digital TV is likely to be in the region of £1 billion, a third more than previously estimated. Research commissioned by Freeview and carried out by TNS Research, showed that the cost of digital terrestrial TV more than doubles for… Continue reading ‘Digital Britain’ Will Incur £1bn Bill

Rupert Murdoch’s News Corporation yesterday unveiled plans for keeping potential take-over bidders at bay, following a move by Liberty Media last week which saw it raising its stake in the group from 9% to 17%. According to today’s Financial Times, the plans, which were approved at last weekends board meeting, would see News Corp’s shareholders… Continue reading News Corp Puts Plans In Place To Stop Potential Take-Over Bids

The Financial Times is believed to be considering plans to close its weekly Creative Business media supplement, as part of an extensive £7 million cost cutting drive.Reports suggest that closing the supplement would save around £400,000 a year for the paper, which posted a loss of £32 million last year as advertising revenues slumped and… Continue reading Financial Times Could Close Creative Business