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The inability to initiate professional business plans has been the main reason for the lack of success of many European pay-TV channels, says a new report. Some 150 channels across Europe have been forced to close in the last six years, costing investors more than £2 billion. Wasted investment in the UK alone is in… Continue reading Poor Business Plans To Blame For Pay-TV Failures

ITV needs to brace itself for a 3.3% fall in advertising revenues this year, according to new analysis of the commercial television sector from Lehman Brothers. Earlier this year, ITV companies were told to anticipate flat revenues for the full year to September (see ITV Advertising And Merger Outlook From Lehman Brothers) but the situation… Continue reading ITV Advertising Forecasts From Lehman Brothers

Carlton and Granada were seen in focus yesterday, rising 4.26% and 3.29% respectively, as the media sector moved upwards following the overnight rally of the US dollar against the pound.WPP was also seen up, by 3.94%, despite revelations that Nahed Ojjeh, the Syrian-born chess promoter, had built up a 10.75% stake in Cordiant. There are… Continue reading Sharewatch: ITV Partners Rise After Positive Sentiment

Kevin Lygo is to step down as programming director at Five and is to rejoin Channel 4 following the departure of Tim Gardam.The move, which was widely predicted by the industry, will see Lygo become director of television at Channel 4, after Gardam’s decision to leave the role for “partly personal reasons” at the end… Continue reading Lygo Set To Return To Channel 4

The latest figures from BARB reveal six of the top ten most watched dramas this year were shown on ITV1 and were produced by Granada.The data will be welcome news for ITV and its advertisers who have voiced concern over the network’s declining power ratio in the digital marketplace.According to BARB, Coronation Street, which is… Continue reading ITV Beats BBC In Drama Battle

Liberal Democrat peer, Lord McNally, has narrowly failed to enforce changes to the Communications Bill which would have prevented Rupert Murdoch from buying Channel Five.Despite support from across the political divide, the proposed amendment (see Lib Dems May Scupper Communications Bill Compromise) was defeated by 167 votes to 137.Prior to the vote, Lord McNally gave… Continue reading Lords Fail to Carry “Murdoch Amendment”

Nahed Ojjeh, the Syrian-born chess promoter, has increased her stake in Cordiant Communications to more than 10%, it was revealed last night.The crisis-torn advertising group has told the stock exchange that Mrs Ojjeh, the widow of a Saudi billionaire, had “built a stake in the company during the period 10 June 2003 to 4 July… Continue reading Mystery As Chess Queen Raises Cordiant Stake

Dennis Publishing is extending its computer magazine portfolio with the launch of a new monthly title, Custom PC.The magazine, which will launch at the end of August, is intended for PC enthusiasts looking to upgrade their systems and develop their computer hardware. The title will contain a variety of reviews and features on the latest… Continue reading Dennis Launches New Computer Title

The Radio Advertising Bureau (RAB) has appointed Chris O’Shea as creative consultant as part of its bid to increase the quality of radio advertising.According to the RAB, O’Shea’s appointment is part of its campaign to help creative agencies produce radio advertising they and their clients can be proud of.O’Shea has worked in creative departments for… Continue reading RAB Appoints O’Shea As Creative Consultant

ITV2 has launched a new on-air identity, which builds on the ITV1 logo and is designed to assist in the creation of a “new personality” for the station.The new channel identity, is designed around the concept of “flip-side” and will promote ITV2 as the complimentary alternative to ITV1, with a more modern and youthful feel.The… Continue reading ITV2 Launches New On-Air Look