ITV could face a deficit of around £100 million in revenue as big-brand advertisers seek to negotiate more competitive deals following the broadcaster’s recent decline in audience share.The loss could hit ITV as a result of the contract rights renewal scheme introduced to prevent the newly merged broadcaster from monopolising the market for airtime sales.… Continue reading Dip In Share Leaves ITV Facing Revenue Shortfall
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SMG, the Scottish media conglomerate, is reportedly in the process of sounding out potential buyers for its Virgin radio station, which it hopes to off-load for around £130 million.It is understood that several rival radio groups have expressed an interest in Virgin, which SMG acquired three years ago for £225 million. However, industry sources say… Continue reading Virgin Radio Could Be Sold For £130 Million
BBC Radio Five has secured the exclusive broadcast rights for coverage of FA Premier League football matches for the next three seasons.The long-running deal will see the station continue its coverage of the league on analogue and digital networks until the end of 2006/2007 season. Content will also be streamed online via bbc.co.uk for the… Continue reading Five Live Secures Premier League Coverage Until 2007
Daily Mail & General Trust was seen in focus last week with shares rising by 2.53% following reports that it had taken the lead in the race to seize control of the Telegraph titles with a seemingly unbeatable cash bid approaching £700 million (see Lord Rothermere Tables Knock-Out £700 Million Telegraph Bid).Independent News & Media… Continue reading Sharewatch: DMGT In Focus As Telegraph Deadline Looms
Food advertisers are considering funding a new body to promote healthy eating in an attempt to dissuade the Government from imposing a ban on junk food commercial aimed at children.It is understood that advertisers have been discussing measures the industry could take to prevent the introduction of restrictive legislation in response to a recent report… Continue reading Advertisers Unite Against Ban On Junk Food Commercials
OMDtvi opened the doors of the world’s first virtual showroom this week as part of a massive interactive TV campaign to showcase the new Peugeot 407 saloon car.The campaign is to run on Sky Digital through IDS channels and ITV2. Banners in Sky Active will also be employed to drive viewers to the campaign. Once… Continue reading OMDtvi Launches First Interactive Car Showroom
Future Publishing’s flagship movie magazine Total Film has secured a high-profile deal to promote the forthcoming Stella Artois Screen Tour, which launches across the UK next month.The deal will see Total Film contribute to the official Screen Tour screening notes, as well as giving away copies of the magazine to viewers at the event, which… Continue reading Total Film Secures Movie Partnership With Stella Artois
Lord Rothermere’s Daily Mail & General Trust is believed to have taken the lead in the race to seize control of the Telegraph titles with a seemingly unbeatable cash bid approaching £700 million. It is understood that the newspaper group took pole position over its two rivals – the Barclay brothers and 3i – after… Continue reading Lord Rothermere Tables £700 Million Bid For Telegraph Titles
The majority of media agencies and advertisers believe the controversial contract rights renewal system set up to prevent the newly merged ITV from monopolising the market for airtime sales is working well.Media super-regulator Ofcom yesterday published its first report on the contentious behavioural remedy, which allows advertisers to roll over the discounts on their current… Continue reading Agencies Voice Support For Contract Rights Renewal
Scottish Media Group has announced the appointment of Chris Masters, a former oil and manufacturing boss, as its new non-executive chairman following the departure of Don Cruickshank earlier this year. Masters joins SMG with no direct media experience, but has held senior positions with several high-profile companies, most recently as non-executive chairman of heating unit… Continue reading SMG Appoints Media Newcomer As Chairman
