BSkyB is launching a global search to find a new chief executive, amid fierce speculation that Rupert Murdoch intends to install his youngest son in the position. The satellite broadcaster’s nomination committee is understood to have called in head-hunters to draw up a list of potential candidates to replace Tony Ball, who announced on Tuesday… Continue reading BSkyB To Launch Global Search For New Chief Executive
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The Independent has revealed that the planned tabloid edition of its daily newspaper will launch to commuters in the London metropolitan area next Tuesday.NewsLine can reveal that the new downsized format will sell alongside the existing broadsheet edition and will carry identical content and advertising in an attempt to target consumers looking for an upmarket… Continue reading Independent Reveals Details Of Tabloid Launch
Maiden Group, the UK outdoor advertising contractor, says it has seen first half revenue growth above company expectations, despite continued challenging economic and advertising conditions. Its first half results today showed a pre-tax loss of £1.9 million, down from the loss of £2.3 million in H1 2002, whilst group turnover rose by 6% to a… Continue reading Maiden Sees Better Visibility In Outdoor Sector
Almost 1.7 billion person to person text messages were sent across the UK’s four GSM networks during August, according to the latest figures from the Mobile Data Association (MDA).The recent heatwave did little to prevent mobile phone users from turning to text and an average of 55 million SMS messages were sent each day during… Continue reading Text Messaging Craze Hots Up During August
Capital Radio is expecting a 4% fall in like for like airtime advertising revenues for the year ending 30 October, despite a gradually improving environment. Meanwhile, rival radio company, GWR Group, says its Local Radio Group is trading strongly, whilst Classic FM revenues remain volatile. Capital’s airtime revenues were down by 6% in the quarter… Continue reading UK Radio Groups See Slight Improvement, But Revenues Down
Capital Radio is expecting a 4% fall in like for like airtime advertising revenues for the year ending 30 October, despite a gradually improving environment. Meanwhile, rival radio company, GWR Group, says its Local Radio Group is trading strongly, whilst Classic FM revenues remain volatile.Capital’s airtime revenues were down by 6% in the quarter to… Continue reading UK Radio Groups See Slight Upturn In Uncertain Market
The French media group Vivendi has announced a reduction in losses for the first six months of 2003 as it seeks to extricate itself from a severe debt crisis. The company said yesterday that net debt was down to Â13.7 billion from more than Â35 billion this time last year following the sale of a… Continue reading Vivendi On The Comeback Trail, Fourtou Targets Profit
The revival in the advertising economy is well and truly underway, with the US driving the upturn, and signs are that 2004 will be a good year for the industry. That was the essence of a speech by WPP supremo, Sir Martin Sorrell at a prominent gathering of media executives this week.Also On MediaTel Insight… Continue reading MediaTelINSIGHT:WPP To Prosper From Ad Resurgence
Danielle Lux, Channel 4’s head of entertainment group and controller of E4, is stepping down following a change in the broadcaster’s entertainment commissioning structure.The shake-up comes as Kevin Lygo prepares to join the channel as director of television next month. He will resume direct management control of all the commissioning teams that currently report to… Continue reading Channel 4 Loses Head Of Entertainment Following Shake-Up
The UK display advertising market is expected to grow by just 1.0% this year, before heading into stronger growth over the next three years, according to the latest forecast from Merrill Lynch.Also On MediaTel Insight Today…Video Streaming Services To Flourish, Says ReportGlobal revenues from consumer online subscription video streaming services will rise from $991 million… Continue reading MediaTelINSIGHT: UK Advertising Revenue Forecasts
