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Ofcom’s chief executive, Stephen Carter, has criticised Lord Puttnam’s recent amendment to the Communications Bill to give the new super-regulator a greater emphasis on protecting the interests of citizens. In his first public speech since his appointment earlier this year (see Carter Set For Chief Executive Role at Ofcom), Carter said the amendment, which was… Continue reading Carter Blasts Risky Amendments To Communications Bill

Troubled advertising group Cordiant Communications was seen under pressure once again yesterday, down 9.09%, as WPP increased its grip on the group after buying out its remaining creditor.Profit takers also moved in on ITV merger partners, Carlton and Granada, which were seen down 3.635 and 3.30% respectively.Media investors will today consider reports that a last… Continue reading Sharewatch: Cordiant Falls Ahead Of Take-Over

The contrasting fortunes of advertising markets on either side of the Atlantic became more apparent in June with bullish mood in the US unmatched in the UK and across Europe. However, economic growth is slow in most major countries and there is little prospect of a boom to rival that of the late nineties. Reflecting… Continue reading INSIGHTanalysis: Media Healthcheck – June 2003

Radio airtime revenues at the Wireless Group (TWG) rose by 1.4% in the six months to June, despite the fact that last year enjoyed a boost to spend during the World Cup competition. Chief executive Kelvin MacKenzie unveiled the stronger figures at the company’s AGM this morning. He also announced that the group’s flagship national… Continue reading Wireless Group Sees H1 Revenues Rise 1.4%

Capital Radio’s London-based alternative music station Xfm has extended its deal with Jose Cuervo Gold Tequila, after research revealed the success of the drinks brand’s first sponsorship campaign on the station.Jose Cuervo has been sponsoring Xfm’s dance shows, The Remix, Rinse and Flo Motion, for the past ten months. The sponsorship package was recently put… Continue reading Research Helps Xfm Extend Jose Cuervo Sponsorship Deal

Revenues from online gaming are set to rise from last year’s $875 million to over $5 billion worldwide by 2008, according to a new report from DFC Intelligence. The research group predicts that this growth will be driven by video games consoles users, as well as PC-based subscription services. By 2008, it forecasts that the… Continue reading Online Gaming Revenues To Pass $5bn By 2008, Says Report

One of the bidders for the Vivendi Universal Entertainment (VUE) portfolio of businesses is understood to have been eliminated from the auction process, according to a report in today’s Financial Times. The paper says that Universal Partners, the consortium led by US oil billionaire Marvin Davis, has been ruled out by Vivendi, as its offer… Continue reading Vivendi Selects VUE Bidders In Auction

The latest global advertising forecasts from ZenithOptimedia offer a mixed prognosis for the industry with regional variances providing cause for consideration. The media services agency continues to predict full-year growth of 2.9% in current currency and 1.0% in constant currencies.Worldwide ad expenditure for 2002 came in at $315.3 billion, representing an improvement over 2001 of… Continue reading NewsLine Feature: Global Ad Forecasts From ZenithOptimedia

The cost of GPRS data will have to fall if it is to achieve its potential. So says a new report, GPRS Pricing Improves, But Users Still Paying A Packet, from Strategy Analytics. GPRS has been made more accessible through the introduction of a pay-per-use pricing system. However, prices are generally found in the $10… Continue reading GPRS Users Still Overcharged, Says Report

The Government has ended the deadlock over the relaxation of the media ownership regulations and has agreed to accept Lord Puttnam’s plurality test amendment to the Communications Bill.In an attempt to avert a last minute defeat in the House of Lords, which would effectively end three years of policy making, Culture Secretary, Tessa Jowell, has… Continue reading Government Ends Media Ownership Deadlock