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
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
The Wireless LAN market will double in size in the space of five years, according to a new study from Dell’Oro Group. The market research firm estimates that WLAN revenues will increase from $1.5 billion in 2002 to $3.1 billion in 2007, with all product categories contributing to this growth. The report indicates that most… Continue reading WLAN Market To Exceed $3 Billion By 2008, Says Report
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
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
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
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
The downturn in the global recording industry and the current lack of legitimate download services have prompted Jupiter Research to cut its forecast for online music spending. It is estimated that internet music sales will total $3.3 billion in 2008, equivalent to 26% of all US music spending.Also On MediaTel Insight Today…Multichannel Passes ITV1 In… Continue reading MediaTel Insight: Online Music Market Growing Slowly
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
Pigs aren’t seen flying over West London too often, but yesterday they were regularly buzzing the Old Actonians cricket ground as an MRG XI pipped BMRB in a match of several twists and turns.Champagne moments included Nick Hiddleston’s balletic attempt to take an early catch as the ball passed by many yards away; Rob Laurence’s… Continue reading MRG Edge Home In Game Of Twists, Turns And Flying Pigs
