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Multichannel television commanded a greater share of viewing than ITV1 in Q2 for the first time in a quarterly period, according to the latest IPA Trends In Television report. The figures show that multichannel stations took a 23.9% share of all viewing across Q2, whilst ITV1 dipped to 23.6% – its lowest figure on the… Continue reading Multichannel Passes ITV1 In Q2 Share Of Viewing

Chrysalis was seen in focus yesterday, down 0.71% after confirming the sale of its television assets to a group of former ITV executives (see Chrysalis Makes £45m TV Sale To Former ITV Heads).Capital was also in the spotlight, up 4% after RAJAR listening figures for the second quarter of 2003 came in above analysts expectations.Broader… Continue reading Sharewatch: Chrysalis Falls Following Sale Of TV Arm

First quarter underlying revenues at GWR Group were up by 0.4% year on year, driven by a good performance at the Local Radio Group (LRG).Strong national spend helped push LRG’s Q1 revenues up by 8%. At Classic FM, however, advertising has remained volatile, with a 16% dive in Q1 revenues, largely as a result of… Continue reading Local Radio Group Helps GWR Stay Positive

Revenues at Vivendi Universal fell by 14% in the three months to June, raising doubts about the price tag put on the company’s US entertainment unit. Turnover was down to €6.10 billion from €7.08 billion in the the second quarter last year, with the decline blamed on asset disposals and the falling value of the… Continue reading Vivendi Reports Sharp Revenue Drop

Chrysalis Group has confirmed the sale of its television assets to a group of former ITV executives, following a preliminary agreement announced in April (see Chrysalis To Sell Television Group To Former ITV Heads).Steve Morrison, former Granada chief executive, Jules Burns, former managing director of operations at Granada and David Liddiment, former director of channels… Continue reading Chrysalis Makes £45m TV Sale To Former ITV Heads

After months of twists and turns the saga of WPP’s £266 million takeover of Cordiant Communications finally closed today, as the deal was formally completed this morning. The takeover was approved by shareholders earlier this month, although rebel stakeholder, Active Value, succeeded in removing Cordiant’s chief executive, chairman and finance director from the board (see… Continue reading WPP Completes Cordiant Acquisition

Dennis Publishing has announced the biggest ever shake-up of its senior management team with the appointment of Viven Cottrill as the managing director of its consumer division.The shake up will see Alistair Ramsay step up to become CEO of Dennis Publishing UK and James Tye has been promoted to managing director of the computer division.… Continue reading Dennis Restructures With Appointment Of Ex-Hachette Boss

Highbury Housee Communications shareholders have approved the group’s £32 million acquisition of video game magazine publisher, Paragon Publishing (see Highbury House To Buy Paragon Publishing For £32m). Highbury says that the deal will create one of the UK’s leading special interest consumer publishers and the third largest publicly-quoted consumer magazine publishing group. As part of… Continue reading Shareholders Approve Highbury’s £32m Paragon Acquisition

Hachette Filipacchi has strengthened its senior management line-up with the appointment of Simon Bell as marketing director and Sarah Vickery as business development director.Bell, who takes up his position at the beginning of September, joins from the Sky Digital’s Music Choice, where he was joint director of music and marketing. He has over 16 years… Continue reading Hachette Rings In Bell As New Marketing Director

Chrysalis was seen in focus yesterday, down 0.71% after confirming the sale of its television assets to a group of former ITV executives (see Chrysalis Makes £45m TV Sale To Former ITV Heads).Capital was also in the spotlight, up 4% after RAJAR listening figures for the second quarter of 2003 came in above analysts expectations.Broader… Continue reading Sharewatch: Chrysalis Falls Following Sale Of TV Arm