More Industry News articles

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

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

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

NTL, the UK’s largest cable operator, has unveiled plans to raise $1.43 billion to enable the firm to regain its financial footing. Under the terms of the proposed rights issue, 35.8 million shares will be offered at $40 each, the objective being to reduce the company’s debt to around $5.3 billion. Current shareholders will receive… Continue reading NTL Outlines Details Of Rights Issue

BSkyB is bracing itself for a torrent of shareholder unrest following the appointment of James Murdoch, son of group chairman Rupert Murdoch, as its new chief executive. According to Sky, James Murdoch was appointed following the unanimous recommendation of a four-member nomination committee of non-executive board members. As a result the board had the simple… Continue reading Murdoch’s Son Lands Top Job At BSkyB

Mirror Group Newspapers has appointed Clare Dove as its new Director of Advertising. Dove, who will take up the position in January next year, will have responsibility for the ad sales operations of the Daily Mirror, Sunday Mirror and the People. She will report to Ellis Watson, General Manager of Mirror Group Newspapers. Prior to… Continue reading MGN Appoints New Director Of Advertising

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

National Geographic is setting up a new advertising sales operation in London in order to better compete in the crowded European ad market.The office, which opens today, will be headed up by Steve Middleton, area sales manager of international editions and David Middis, area sales manager of the British Isles edition.Commenting on the expansion, Michel… Continue reading National Geographic Opens London Sales Office

As brands look for more engagements with their customers and agencies seek greater ROI Peter Miles, CEO of student union entertainment network, JVTV, argues that advertisers should go where the audience is. In the case of students that often means the student union bar…Following a very successful trial run during the summer term in which… Continue reading NewsLine Column: Student Media Matures

The growing popularity of digital outdoor products was highlighted at the annual outdoor ad show, Inside Outdoor.During the show, held at Islington’s Business Design Centre, a broad range of delegates including outdoor specialists, advertisers and media and creative agencies discussed new developments in outdoor and ambient media.Digital technology was at the heart of proceedings and… Continue reading Inside Outdoor Heralds Arrival Of Digital