Carlton and Granada have confirmed that the former head of Lloyds TSB Sir Brian Pitman is to become interim chairman of ITV plc (see Charles Allen Could Spark Fresh Shareholder Dispute).A steering committee of six non-executive directors, three from Carlton and three from Granada, met earlier today to discuss the future of the board, which… Continue reading ITV Plc Unveils Steering Committee
Concerns over the inexperience and intentions of new BSkyB chief executive James Murdoch are likely to prolong uncertainty at the company, according to city analysts. The appointment of Murdoch, youngest son of media baron Rupert, has irked shareholders concerned that the family may be exerting too great an influence at the satellite broadcaster (see Murdoch’s… Continue reading BSkyB Coronation Could Cause Disruption, Says Merrill Lynch
Almost two-thirds of American internet users plan to research or purchase gifts online during the 2003 holiday season with those in high income households most likely to turn to the web for Christmas presents and ideas.Also On MediaTel Insight Today…US Newspaper Circulation Remains StableDespite competition from other media, US newspaper sales are holding up well… Continue reading MediaTelINSIGHT: Consumers Prepare For An Online Xmas
Clear Channel Communications saw turnover rise in the third quarter of 2003 but the flat performance of the radio division shows that this sector remains slow. Total revenues at the US media corporation rose by 9% to $2.54 billion with net profits coming in at $636.0 million, up from $212.5 million in 2002. The gain… Continue reading Clear Channel Waiting On Radio Recovery
Virgin Radio is launching its biggest ever digital radio promotion, giving away one radio every hour for four weeks to drive awareness of the medium.The national campaign has been designed to boost the profile of the digital platform and position Virgin at the forefront of the “digital radio revolution”.The station has teamed up with the… Continue reading Virgin Radio Teams With DRDB For Radio Giveaway
Carlton and Granada have confirmed that the former head of Lloyds TSB Sir Brian Pitman is to become interim chairman of ITV plc (see Allen Deal Could Spark Fresh Shareholder Dispute). A steering committee of six non-executive directors, three from Carlton and three from Granada, met earlier today to discuss the future of the board,… Continue reading ITV Plc Unveils Steering Committee
Almost two-thirds of American internet users plan to research or purchase gifts online during the 2003 holiday season with those in high income households most likely to turn to the web for Christmas presents and ideas. The fourth quarter accounts for over half of full-year sales for some retailers and online traders will be encouraged… Continue reading Consumers Prepare For An Online Christmas
IPC Media’s international department is strengthening its international focus with the appointment of a business development manager and an account manager.Eszter Cooper has been appointed business development manager, with responsibility for developing IPC’s titles in the international market. Prior to joining IPC Cooper managed a recruitment publishing company in Hungary.Commenting on her appointment, Cooper said:… Continue reading IPC Looks To International Growth With Expanding Team
Cable operator NTL has reported a 68% fall in losses for the third quarter on the back of a surge in broadband subscribers.Revenues were up 4% year on year to £555.2 million in the three months to 30 September. Net losses narrowed from £369.1 million last year to £117.3 million.NTL added almost 100,000 new broadband… Continue reading Broadband Boom Drives NTL Recovery In Q3
BSkyB was the media market’s big story yesterday as investors awaited the seemingly inevitable announcement that James Murdoch, son of major shareholder Rupert Murdoch, sill succeed Tony Ball as chairman.However, investors disquiet, over what some investors have called “blatant nepotism” was already priced into the shares and the stock rose 3.67%.Elsewhere, cyclical stocks with a… Continue reading Sharewatch: BSkyB Rises Despite Murdoch Concerns
