ITV has unveiled its new board and management structure following the Competition Commission’s decision to allow its £4 billion merger with limited behavioural conditions (see ITV Cleared To Merge With Sales Houses Intact).Upon completion of the merger, Michael Green, who currently heads up Carlton, will become chairman, while Charles Allen the chairman of Granada, will… Continue reading ITV Unveils New Board
Having gained approval for their much anticipated merger (see ITV Cleared To Merge With Sales Houses Intact) SMG has called on Carlton and Granada to sell their controlling stake in GMTV. The Scottish media company, which owns Grampian and Scottish TV, has a 25% stake in GMTV and has expressed a desire to increase its… Continue reading ITV Giants Urged To Sell GMTV Stake
Data-centric networks will be in 28% of US households and the number of nodes (devices connected to networks) is expected to top 100 million by the end of 2008. Parks Associates reports that 9.9 million home networks were in existence at the end of last year. This indicates that the number more than doubled from… Continue reading Home Is Where The Network Is, Says Parks Associates
Total adspend is set to rise 5% next year, whilst media supply will rise by only 3%, according to Mediaedge:cia’s MediaLab. This gives a cost inflation of 2%. Inflation is expected to fall by 1% this year, as supply rises faster than expenditure.Also On MediaTel Insight Today…US Magazine Revenues Rise 6.3% In SeptemberTotal US magazine… Continue reading MediaTelINSIGHT: UK Media Inflation Forecasts
The US private equity firm Hellman & Friedman has bought a 19.5% stake in Axel Springer from Deutsche Bank in a deal worth €350 million. Axel Springer is the largest newspaper group in Europe and publishes the German dailies, Bild and Die Welt. Deutsche Bank acquired a 40% stake in the company last year after… Continue reading Deutsche Bank Finds Buyer For Springer Stake
Total US magazine advertising revenues rose by 6.3% year on year in September, closing at $1.9 billion, according to new figures from the Publishers Information Bureau (PIB). However, advertising pages were down 4.5% to 23,952. In the year to date, advertising revenue closed at $12.9 billion, an increase of 9.0% while advertising pages were up… Continue reading US Magazine Revenues Rise 6.3% In September
The Daily Telegraph is to unveil the next phase of its “read a best-seller everyday” campaign with an extensive outdoor advertising promotion.From next week two new creatives will promote the paper’s Saturday offering and the recently launched Thursday appointments section, Business 2 + Jobs.The creatives will run across 48 sheets, to be seen on London… Continue reading Telegraph Unveils Next Stage Of Best-Seller Campaign
Having gained approval for their much anticipated merger SMG has called on Carlton and Granada to sell their controlling stake in GMTV.The Scottish media company, which owns Grampian and Scottish TV, has a 25% stake in GMTV and has expressed a desire to increase its shareholding in the breakfast television broadcaster.SMG has already called on… Continue reading ITV Giants Urged To Sell GMTV Stake
WPP was seen in focus, up 3.64% on hopes that US economic recovery would feed through into stronger revenues. BSkyB was also boosted by positive sentiment in the media sector and added 3.34%.Carlton and Granada also remained in the spotlight yesterday as analysts continued to revise their forecasts for the group after the Competition Commission… Continue reading Sharewatch: WPP Rises On US Recovery Hopes
It has been cable operators, not incumbent telecommunications companies, that have driven the growth of broadband internet access, according to a new report on global broadband developments.The study was carried out by the US Federal Communications Commission (FCC) in order to review the broadband policy experiences of selected countries from the Organisation for Economic Cooperation… Continue reading UK Lags Behind In Broadband Uptake
