UK inflation rose to 3% during February, taking it to its highest level since May 1998, according to the latest figures from the Office Of National Statistics (ONS).The underlying rate, which excludes mortgage interest payments, was pushed up from January’s figure of 2.7% by the rising cost of clothes and shoes.The headline rate of inflation… Continue reading UK Inflation Jumps During February
Patricia Hodgson, chief executive of the ITC, has called on the Government to conduct an in-depth review of the ownership structure at ITN before allowing Carlton and Granada to increase their stake in the news provider. The two ITV partners are currently calling for an amendment to the Communications Bill to allow them to take… Continue reading Hodgson Calls For Review Of Ownership At ITN
UK publishing group, Highbury House Communications, was seen in focus yesterday after announcing plans to buy Cabal Communications, which publishes Front, The Real Homes Magazine and Procycling, for around £10 million (see Highbury House To Buy Cabal Comms, As Profits Rise 9%).The group also announced a 9% rise in its own adjusted pre-tax profits for… Continue reading Sharewatch: Highbury House Boosted By Acquisition Plans
Analysts are still unsure as to the impact that the looming conflict in the Middle East will have on the advertising world. Contrasting pronouncements allied to a ‘wait and see’ mentality have only muddied the waters and it is this general sense of uncertainty which is acting as a restraint on growth. Last week, stronger… Continue reading INSIGHTanalysis: War And The Ad Economy
After a protracted bidding process, spanning almost a year, KirchMedia is finally being sold to US media magnate Haim Saban and the Saban Group. As a first step in the deal, the two parties signed off the acquisition by Saban of a majority holding in ProSiebenSat.1, Germany’s largest free to air broadcaster. Saban is reported… Continue reading Haim Saban Agrees To Buy ProSiebenSat.1
The Daily Mail & General Trust has expressed satisfaction with turnover in the first half of its current financial year but warned that the political and economic climate was fostering uncertainty in some of its markets.In a trading statement issued today, DMGT said that growth of 2.4% was achieved in the five months to February… Continue reading DMGT Sends Out Mixed Messages In Trading Update
Channel 4 is believed to be considering the launch of a new free-to-air digital television channel for older viewers, in an attempt to cash in on the success of the recently unveiled Freeview platform. Reports suggest that Channel 4, which already operates pay-TV channels E4 and FilmFour, is looking at the possibility of launching a… Continue reading Channel 4 Considers New Free Digital TV Offering
Channel 4 is believed to be considering the launch of a new free-to-air digital television channel for older viewers, in an attempt to cash in on the success of the recently unveiled Freeview platform.Reports suggest that Channel 4, which already operates pay-TV channels E4 and FilmFour, is looking at the possibility of launching a channel… Continue reading Channel 4 Considers New Free Digital TV Offering
Online travel sales in Western Europe increased by 53% during 2002, according to the latest research from the Centre for Regional and Tourism Research. The Danish-based organisation estimates that online travel and tourism was worth â‚Ź7.3 billion last year, equivalent to 3.5% of the total market. Air tickets are by far the most popular purchase… Continue reading European Online Travel Sales Hit €7 Billion In 2002
TV cookery programmes have enjoyed a period of spectacular growth over the last few years, with celebrity chefs becoming almost ten a penny. However, following news that the BBC is axing its long-running Food And Drink programme after twenty years on air, Media Planning Group’s Denise Turner looks at whether the genre has gone off… Continue reading NewsLine Column: Has TV Cookery Gone Off The Boil?
