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This year is likely to be a benign one for the US newspaper industry as it makes the transition to greater growth in 2005, according to a report by analysts at Merrill Lynch. The broker recently raised its 2004 growth forecast for newspaper ad revenue from 4% to 4.5% (see Ad Growth To Accelerate In… Continue reading Newspaper Sector To Consolidate In 2004

The long awaited ITV merger looks almost certain to go ahead unchallenged after shareholders gave the deal their unanimous support in a series of extraordinary general meetings held yesterday.Almost all of Carlton and Granada’s investors voted in favour of the £5.4 billion merger that will see the creation of a single ITV company controlling more… Continue reading ITV Merger Receives Final Green-Light From Shareholders

There will be 4% growth in UK television advertising in 2004, with ITV set to take 50.2% of the commercial market, according to forecasts from Merrill Lynch. Judging from recent comments by Mick Desmond, Chief Executive Designate of the network, the year is shaping up to be an eventful one for TV executives.Also On MediaTel… Continue reading MediaTel Insight: ITV Advertising Outlook From Merrill Lynch

Perceptions of the brand value of different newspapers may have to be reconsidered in the light of recent developments in the UK market according to the World Association of Newspapers (WAN).Last autumn saw the launch of a tabloid version of the The Independent, a move which resulted in increased sales of the title in October… Continue reading Broadsheets Could Be Living On Borrowed Time

ITV partners, Carlton and Granada, were seen in focus yesterday, with shares dipping by 1.89% and 1.70% respectively ahead of today’s shareholder meeting. The broadcasters are expected to come a step closer to completing their merger as shareholders officially green-light the deal.Meanwhile, radio broadcaster, UBC, saw stock hold firm following its attack the Government’s decision… Continue reading Sharewatch: ITV Partners Dip Ahead Of Shareholder Meeting

Speech-based radio station Oneword has announced a raft of redundancies and a wide-ranging restructure of its operations following the withdrawal of one of its major shareholders. The fledgling digital radio station is currently reviewing its commercial operations in an attempt to reduce costs after Hong Kong-based USI Holdings announced its intention to sell its 50%… Continue reading Oneword Restructures As Major Shareholder Pulls Out

Carlton has secured a deal with James Villa Holidays that will see the independent tour operator become the exclusive broadcast sponsor of ITV1’s Today With Des and Mel.The deal, which was brokered by Elton Thrussle at ARM-Direct and Peter Manten at Carlton, will run for four months following the return of lunchtime entertainment programme to… Continue reading Carlton Secures Sponsor For Key ITV Daytime Show

Evidence of growth in the European digital TV market is reflected in interim results from Pace Micro Technology which show the company to be operating profitably again. A slump in sales of set-top boxes resulted in pre-tax losses of £16 million in the last financial year (to May 31 2003) (see Pace Sales Dip 40%… Continue reading Pace Rides The Digital Wave

Speech-based radio station Oneword has announced a raft of redundancies and a wide-ranging restructure of its operations following the withdrawal of one of its major shareholders.The fledgling digital radio station is currently reviewing its commercial operations in an attempt to reduce costs after Hong Kong-based USI Holdings announced its intention to sell its 50% stake… Continue reading Oneword Restructures As Major Shareholder Pulls Out

The Wireless Group (TWG) has reached a deal that will see it consolidate its influence over digital broadcasting in London. Kelvin MacKenzie’s radio company has acquired a 10% stake in DRG, owner of the London III digital multiplex licence, from Matsushita Electric Europe, a subsidiary of Panasonic. TWG already has a 23.58% shareholding in DRG… Continue reading Wireless Group Expands Commitment To Digital Radio