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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

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

ITV partners, Carlton and Granada, were seen in focus last week with shares rising 9.88% and 5.94% following news that the decision over their proposed £4 billion merger is due to be announced on 6 October.Granada chairman, Charles Allen, also revealed that he and his Carlton counterpart, Michael Green, would consider accepting the double divestment… Continue reading Sharewatch: ITV Partners Rise As Decision Approaches

Advertisers are failing to target the UK’s ethnic minorities, despite a significant increase in the economic influence of this part of the population, according to new research from the IPA.The wide-ranging report on Ethnic Diversity in the marketing communications industry shows that ethnic minority communities are a powerful economic group, which is not being engaged… Continue reading Research Shows Advertisers Fail To Target Ethnic Minorities

Channel 4 has finally axed its long suffering breakfast show RI:SE after an tumultuous twenty months on air.The Big Breakfast replacement, which launched less than two years ago to a mixed reception, will be screened for the last time on 19 December, four months before its current contract was due to expire.The show was revamped… Continue reading Lights Out For RI:SE As It Fails To Shine For Channel 4

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 the… Continue reading Murdoch Could Step Down As BSkyB Chairman