City investors have offered a gently positive reaction to the announcement of the departure of BSkyB’s chief executive, Tony Ball, with shares up slightly by 1.5% to 630.5p by mid-morning today.Sky’s chairman and head of News Corporation, Rupert Murdoch, is reportedly planning to install his youngest son James as Ball’s successor at the satellite broadcaster.… Continue reading Sky Shares Show Small Rise On News Of Ball’s Exit
The majority of women are becoming bored by the increasingly ‘dumb and trashy’ content of glossy magazines, according to a new research study.A nation-wide survey of 250 professional women was commissioned to analyse their attitudes towards the range of glossy magazines currently available. It shows that 75% of women are dissatisfied with existing titles in… Continue reading Research Reveals Backlash Against Women’s Magazines
ITV giants Carlton and Granada have rebuffed advances from two US media groups that have expressed an interest in buying a single ITV group. According to reports, Viacom and Saban Capital Group have both indicated that they might bid for ITV if Carlton and Granada’s planned £4 billion merger gets the go-ahead. Reports from last… Continue reading ITV Groups Reject US Takeover Approaches
Global online music sales will reach $3.9 billion in 2008, but the market potential is limited because of illegal file sharing, according to a new study from Informa Media Group. The report, Music On The Internet, claims that the share of music sales online will rise from 4.5% this year to 11.9% in 2008. Hard… Continue reading Unknown Downloaders Threaten Online Music Ambitions
The number of people conducting banking transactions over the internet has increased by almost 80% over the last two years, according to a new report from Nielsen//NetRatings. Analysis of the research firm’s Fall 2003 @Plan data shows that the number of US adults carrying out banking tasks online has grown from 13 million to 23… Continue reading Online Banking Paying Dividends, Says Report
Despite growing confidence in broadcasting circles, the weakness of the local advertising market is mitigating against accelerated growth in the sector as a whole, according to analysis from the US. Merrill Lynch concurs with other organisations which are eulogising national advertising in the second half of 2003 (see Nielsen Confirms Upturn In TV Adspend). In… Continue reading Sluggish Local Market Hits Broadcast Revenues
Rupert Murdoch could step aside as chairman of BSkyB in an attempt to calm shareholder unease over plans to appoint his son chief executive of the satellite television company. Shareholders have expressed concern over proposals to put 31 year-old James Murdoch, the current head of Asia’s Star TV satellite network, in charge of BSkyB after… Continue reading Murdoch Could Step Down As BSkyB Chairman
Daily Mail & General Trust, publisher of the Daily Mail newspaper, today said that its most advertising-reliant businesses have continued to experience difficult trading conditions over the last twelve months, most notably at the Associated Newspapers division. Associated has seen ongoing weakness in the national display advertising market, as well as in the London classified… Continue reading Daily Mail Sees Ongoing Weakness In National Advertising
Emap Advertising is attempting to inject more creativity into its sales offering with the launch of an new initiative called Emap Create.The division has been created in response to the increasing demand from agencies and clients for strategic solutions that go beyond conventional campaigns. It will bring together creative resources from across Emap’s entire range… Continue reading Emap Advertising To Boost Sales Creativity
Daily Mail & General Trust, publisher of the Daily Mail newspaper, today said that its most advertising-reliant businesses have continued to experience difficult trading conditions over the last twelve months, most notably at the Associated Newspapers division.Associated has seen ongoing weakness in the national display advertising market, as well as in the London classified market.… Continue reading Daily Mail Sees Ongoing Weakness In National Advertising
