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The recent rumoured takeover bid of newspaper publisher Trinity Mirror PLC by private equity group CVC Capital Partners, looks unlikely because of Trinity’s strong share price. Recently Trinity Mirror has seen its share price take a tumble, leaving them down 3.89% week on week. However, since whispers of a takeover by CVC investors started last… Continue reading Trinity High Share Price Thwarts Takeover

Finnish mobile phone company, Nokia, has defended its November forecast that the mobile phone market will grow by up to 10% in 2005, to 693 million handsets. Nokia’s predictions last month claimed the market would increase from the 630-650 million units it expects in 2004 and this growth could be stronger if the sales of… Continue reading Nokia Defends Positive Mobile Phone Forecast

Financial analyst Merrill Lynch has predicted a hopeful 2005 in advertising revenue and audience trends for ITV1. Despite disappointing results throughout most of 2004, advertising looks strong for January 2005. Overall audience share figures were down by 4.0% for the year to date, despite a couple of strong months in the latter part of the… Continue reading Disappointing Year For ITV1 Says Merrill Lynch

Publishing group Highbury House Communications saw a strong performance last week, gaining 3.33% to close at 7žp on Friday, making them the leaders of last week’s market.The group’s strong performance came despite a pessimistic trading statement earlier this year saying that the company would fail to meet financial expectations, resulting in them not paying an… Continue reading Sharewatch: Highbury Up Despite Negative Statement

Telecoms giant British Telecom has announced a staggering increase in the uptake of its broadband internet services, with the company now signing up a new high-speed customer every ten seconds.BT today claimed to have passed the four million wholesale broadband customer milestone, notching up the last one million connections in just four months, adding an… Continue reading BT Claims Broadband Takeup Accelerating

The Chartered Institute of Marketing has announced several new additions to its board of trustees, claiming it will put the institute at the “heart of marketing” and calling for an increased focus on the skills of marketers with the introduction of a licence to practice the profession.Addressing members at the annual meeting Paul Gostick, international… Continue reading CIM Calls For Licence To Practice Marketing

Several of the BBC’s online operations will face the axe next year as the Corporation seeks to reduce costs and appease commercial competitors in the run up to charter renewal.The Corporation claims it will save around £6 million through the cuts, which will be made by the end of the financial year 2005/06. The resulting… Continue reading BBC Plans To Save £6 Million Through Website Closures

A recent trial which saw BBC Radio content made available for download has been hailed as a success by the Corporation, with more than 70,000 downloads of Radio 4’s In Our Time during November, as tech-savvy listeners welcomed the latest ‘podcasting’ service.The new service’s trial run involved In Our Time, featuring Melvyn Bragg and guests… Continue reading BBC Claims Success For Radio Download Service

Local newspaper and internet publisher Johnson Press saw a jump in share price, gaining 1.51% to close at 538p yesterday. This comes after a positive pre close trading statement was released by the company earlier this week saying that profits for the year to 31 December 2004 would be above current market expectations.Radio owners The… Continue reading Sharewatch: Johnson Press Ahead After Trading Statement

ITV has joined forces with interactive television specialists, pushbutton TV to step up the amount of interactive advertising offered on their channels.The recent success of interactive ads on The X Factor, Hells Kitchen and I’m A Celebrity…Get Me Out Of Here! has helped advertisers to see the power that interactive broadcasting can offer.ITV started to… Continue reading ITV To Boost Interactive Advertising Quota