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The viewing habits of older consumers look set to change considerably over the next few years as they continue to embrace multi-channel television, according to new research from ZenithOptimedia.The wide-ranging study into the media consumption habits of the over fifties shows that golden oldies are emerging as enthusiastic consumers of multi-channel television thanks to the… Continue reading Older Viewers Embrace Multi-Channel Television

Liberty Media has sold its remaining shares in cable operator Telewest for £119 million, a move that will put to rest its chairman’s ambition of dominating the UK cable market. During the 1990’s, chairman John Malone, bought significant stakes in European cable operators and during this time the financial press speculated that he was looking… Continue reading Liberty Media Sells Remaining Shares In Telewest

The BBC committee reviewing the future of its commercial arm, Worldwide, may consider floating a stake on the stock market, according to reports. According to The Independent On Sunday, as expected, the group has primarily been discussing how to set up joint ventures for its publishing, distribution and channel arms, which would allow the Corporation… Continue reading BBC Considering Flotation Of Worldwide Arm

Chief executive of WPP, Sir Martin Sorrell, has this morning confirmed he has been involved in discussions with Havas’ financier, adding further uncertainty to the French group’s future. After losing out in the bidding war for Grey Global Group to WPP, reports suggest that Havas is looking like an increasingly vulnerable take-over target, rumours that… Continue reading Sorrell Involved In Talks With Havas

Radio group Chrysalis saw its share price falter yesterday, losing 5.30% to close at 183p despite announcing an ‘encouraging start’ to its 2005 financial year, as first quarter revenues are expected to reach high single digits.The radio group, which owns London’s Heart 106.2 station, said in a trading update that revenues for the 12 months… Continue reading Sharewatch: Chrysalis Dips Despite Positive Results

Former BBC director general, Greg Dyke, has issued a call for the Corporation’s board of governors to be abolished, claiming that they are powerless to defend the broadcaster’s independence and are unable to regulate effectively.In a speech to the Royal Television Society last night the outspoken broadcast boss stated that he had long intended to… Continue reading Dyke Calls For Abolition Of BBC Board Of Governors

MediaCom has maintained its position as the UK’s number one individual media buying agency with a 5.5% increase in billings to £640 million for the twelve months to July, according the latest figures compiled by Nielsen Media Research.The Grey Global-owned agency, which was recently voted the most admired by media owners for its professionalism and… Continue reading MediaCom Still Number One In Terms Of Billings

All UK national radio stations saw their audiences decline this summer as listeners switched off in their thousands, according to the latest electronic measurement survey from GfK.The unofficial listening figures reveal a particularly disappointing performance for GWR’s flagship Classic FM, which saw its weekly reach decline by more than 23.5% year on year to just… Continue reading UK National Radio Stations See Weekly Reach Decline

WPP chief executive, Sir Martin Sorrell, has this morning confirmed that he has been involved in discussions with a senior Havas financier, in a move that adds further uncertainty to the French group’s future.After losing out in the bidding war for Grey Global Group to WPP, Havas is looking like an increasingly vulnerable take-over target.… Continue reading Sorrell Involved In Talks With Havas Financier

ITV has renegotiated a new multi-million pound deal with two of its biggest entertainment stars, Anthony McPartlin and Declan Donnelly, to keep the comedy duo exclusively on the network for the next three years.ITV has had an exclusive relationship with Ant and Dec for the last four years, during which time they have presented a… Continue reading ITV Secures Ant And Dec For Next Three Years