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Future Network has increased its influence in the videogames magazine market by reaching a deal to acquire Computec Media UK for £3.2 million. CMUK publishes the unofficial Playstation magazine, PSW, which has an average monthly circulation of more than 50,000, and Xbox World, which has sales of over 25,000 copies a month. Under the terms… Continue reading Future Expands Games Magazine Portfolio

International sales helped to boost pre-tax profits at magazine publisher Haymarket by 22% in 2002, the company has announced. Haymarket said the figure rose from £20.4 million in 2001 (see City News) to £24.9 million last year. Group revenues totalled £172.3 million, up 6.8% overall. The company publishes more than fifty business and consumer magazines… Continue reading Haymarket Reports Growth In Profits

Carlton Communications has bowed down to shareholder pressure by announcing that Michael Green will step down as chairman designate of the newly merged ITV company. The broadcaster confirmed that Green has reluctantly given in to continued calls from a coalition of city institutions for him to relinquish his role at the helm of the company… Continue reading Green Relinquishes Role As ITV Chairman Designate

The board of Granada has blocked the appointment of Michael Green as chairman of the newly merged ITV following overwhelming pressure from institutional shareholders for the Carlton boss to resign by noon today (see Carlton Defies Shareholders Over Calls To Oust Green). Granada held an emergency board meeting last night and decided that an independent… Continue reading Green Set To Go As Granada Withholds Support

Carlton and Granada were seen in the spotlight once again yesterday, down 1.38% and 0.86% respectively as wrangling over management positions at the merged ITV group continued.Independent directors at Carlton warned yesterday that shareholder pressure to oust Michael Green as chairman designate could undermine its planned £4.5 billion merger with Granada (see Carlton Defies Shareholders… Continue reading Sharewatch: Carlton Row Threatens Planned ITV Merger

Ian Finlayson, the IPA’s finance director, considers the implications of the latest quarterly Bellwether Report and asks what the future holds for UK advertisers…According to figures from the latest IPA Bellwether Report, which tracks the marketing budgets of over 250 top UK advertisers, there are reasons for optimism, despite another quarter of budget cuts.The influential… Continue reading NewsLine Column: The Road To Recovery?

The future of radio as a medium is under threat unless it goes digital, according to the BBC’s director of radio and music, Jenny Abramsky.Speaking at a National Association of Broadcasters conference yesterday, Abramsky warned against the dangers of taking radio for granted in a future were the next generation of listeners face more choice… Continue reading Abramsky Claims Future Of Radio Is Under Threat

Emap Performance has appointed Marcus Rich, formerly managing director of FHM Worldwide, to the newly created position of managing director.Rich will take responsibility for Emap’s portfolio of rock, pop and dance music magazines, which include Smash Hits, Kerrang! and Q. He will also oversee Performance Television and Performance Interactive.The new role will see Rich work… Continue reading Emap Performance Appoints Rich As New Managing Director

Audiences for news programming on television received a massive boost during the recent war in Iraq, according to new research from the Independent Television Commission.The Conflict Around The Clock report, published today, shows that television was the main source of news for 67% of respondents during the conflict, compared with 16% for newspapers, 13% for… Continue reading Television News Audiences Surged During War In Iraq

Carlton Communications has bowed down to shareholder pressure by announcing that Michael Green will step down as chairman designate of the newly merged ITV company.The broadcaster confirmed that Green has reluctantly given in to continued calls from a coalition of city institutions for him to relinquish his role at the helm of the company that… Continue reading Green Relinquishes Roles As ITV Chairman Designate