The number of person to person text messages sent across the UK’s four GSM networks during September beat all previous records to reach 1.73 billion, according to the latest figures from the Mobile Data Association.The UK daily average for September stands at 58 million, which compares to 28 million in the same period the previous… Continue reading Text Messages Reach Record Levels In September
Faith in the online medium as an advertising vehicle is at an all time high and a significant number of companies are prepared to increase their spending on interactive campaigns, according to a new study from MSN and the Interactive Advertising Bureau.Also On MediaTel Insight Today…Billett Rules Out TV Ad RevivalThere is no prospect of… Continue reading MediaTelINSIGHT: Advertisers Head Into Online Territory
IPC Ignite has restructured its advertising sales team as part of an attempt to further develop the potential of its portfolio, which includes men’s lifestyle and music titles Loaded, NME and Uncut.The move will see the magazine-specific sales teams divided into two new sales groups: consumer and music. Both new groups will report to Jason… Continue reading IPC Ignite Restructures Ad Team To Drive Portfolio
Powerful institutional investors at Carlton and Granada are calling for more radical cost cutting at the merged ITV plc, just days after forcing the resignation of Michael Green as chairman designate of the company (see Green Relinquishes Role As ITV Chairman Designate). It is understood that shareholders, led by Fidelity and Standard Life, believe that… Continue reading Investors Call For Radical Cost Cutting At Merged ITV
Scottish Radio Holdings has expanded its presence in Ireland by capturing the Dublin radio station FM104 for €26 million. The acquisition of Capital Radio Productions, which operates the station, will be partly funded through the issue of new shares with the balance of 55% paid in cash. SRH already owns one radio station, Today FM,… Continue reading SRH Swoops For Dublin Station
Entertainment giant Viacom saw profits grow by 9% in the third quarter on the back of an advertising upturn, notably at the group’s cable division. The US company, which owns the MTV, Nickleodeon and CBS Networks, yesterday reported net income of $700 million for the three months to September. This is up from $640 million… Continue reading Fruitful Third Quarter For Viacom Empire
Profits at media giant Time Warner climbed beyond $500 million in the third quarter of 2003 but the performance of the company’s online unit continues to be a cause for concern. The group said yesterday that revenues were up 4% to $10.3 million in the three months to September with the cable and networks divisions… Continue reading AOL Troubles Still Dog Time Warner
Carlton and Granada were seen under pressure yesterday, down 3.28% and 2.75% respectively as disappointing corporate results combined with talk of an interest rate rise weighed heavily on the market.The market was alarmed by the release of minutes from the Bank of England’s policy committee, which revealed there was a vote of just 5-4 against… Continue reading Sharewatch: ITV Partners Hit By Market Slump
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 of the… Continue reading Future Expands Games Magazine Portfolio With Acquisition
The National Magazine Company has announced the appointment of Sharon Douglas to the role of director of consumer sales and marketing.Douglas joins from Highbury House Communications where she currently holds the position of circulation director. Prior to that she was co-founder of a marketing and publishing agency and spent more than 10 years in various… Continue reading Natmags Poaches Highbury’s Douglas For Sales Role
