UBC Media, the UK radio station operator and programme producer, broke into operating profit in its last financial year, the group announced this morning. Before development costs, operating profit was £73,000 for the year ended 31 March 2003, up from a loss of £210,000 the year before.The group moved into the black during the period,… Continue reading UBC Moves Into Profit In 2003, Airtime Outlook Mixed
Up to half a million digital radio sets could be in use by the end of this year, following 170% growth in sales in 2002, according to new figures from the Digital Radio Development Bureau (DRDB).Also On MediaTel Insight Today…Vivendi To Assess US Entertainment BidsFrench media and telecommunications giant Vivendi Universal will this week assess… Continue reading MediaTel Insight: One Million Digital Radios By 2004
WPP’s plans to buyout Cordiant Communications (see WPP Seals £266m Cordiant Takeover) may be scuppered yet, if intransigent majority shareholder, Active Value, manages to gather together a sufficient holding in Cordiant to block the deal. Active Value has explicitly stated that it would like to see Cordiant remain independent and has proposed to inject more… Continue reading Active Value Ups Cordiant Stake To Block WPP Deal
BSkyB was in focus yesterday, falling 1.27% to close at £6.97, following reports it may lose its monopoly on live top-level English football after a decision by the Premier League to split its main media rights package to reflect the competition concerns of the European Commission.Cordiant Communications also remained in the spotlight, slipping 36.84% after… Continue reading Sharewatch: BSkyB Falls As Football Rights Battle Begins
United Business Media (UBM) this morning said that its businesses are now trading in the most stable conditions experienced in the last two years, with the exception of some impact from the SARS virus. All business are now trading in line with expectations and UBM is continuing to act to keep costs down in order… Continue reading UBM Sees Most Stable Conditions In Two Years
The Government’s plans to relax the media ownership regulations came under increasing threat in the House of Lords yesterday, as support grew for Lord Puttnam’s proposal to impose public interest tests on large media groups wanting to buy Channel Five.Reports suggest that peers from all parties have vowed to vote down the Communications Bill if… Continue reading Government Faces Growing Threat From Rebel Peers
IPC’s market leading celebrity magazine Now is publishing a special edition dedicated to celebrity hairstyles and is supporting it with an interactive TV campaign in hair salons across the UK.Now Celebrity Hair is on sale at the moment and includes a number of specially created features such as Celebrity Cool Cuts and Celebrities Go Back… Continue reading Now Uses iTV To Promote Celebrity Hair Spin-Off
Four out of ten dial-up subscribers in the US are considering switching to broadband, according to a new report from Horowitz Associates. By the end of March it is estimated that 31% of American homes had a broadband internet connection, up from 21% a year earlier (see US Broadband Reaches 30m, But Growth Looks Set… Continue reading Broadband Wagon Gathers Momentum In US
Cunning Stunts has devised a novel way to cut through the increasing amount of advertising clutter and has launched Backsides, a campaign to promote FHM‘s High Street Honey 2003 competition.The creative agency has invited models in coastal resorts around the country to wear a temporary tattoo on their bottoms to raise awareness of the competition,… Continue reading Cunning Stunts Gets Cheeky With FHM Ad Campaign
United Business Media (UBM) this morning said that its businesses are now trading in the most stable conditions experienced in the last two years, with the exception of some impact from the SARS virus. All business are now trading in line with expectations and UBM is continuing to act to keep costs down in order… Continue reading UBM Sees Most Stable Conditions In Two Years
