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 complete… Continue reading Hodgson Calls For Review Of Ownership At ITN
Now Digital, a consortium of Capital Radio, Chrysalis, GWR and Sabras Sound, has announced its intention to apply for the DAB digital radio multiplex in Nottingham.The Now Digital East Midlands Group proposes to use the multiplex, currently being advertised by the Radio Authority, to launch a total of nine radio stations, including five existing commercial… Continue reading Now Digital Applies For DAB Multiplex In Nottingham
Four of the UK’s largest radio groups have announced the appointment of Rob Corlett, product director of Capital Radio’s commercial team, as the new managing director of the Hit 40 UK.Corlett, who brings over ten years’ experience to the newly created role, will work to build the syndicated radio brand into a multi-media music platform.… Continue reading Capital’s Corlett To Head Up Hit 40 UK
Analysts are still unsure as to the impact that the looming conflict in the Middle East will have on the advertising world. Indeed there is a danger, with blanket coverage set to hit our screens, of the effect of the war being overstated.Also On MediaTel Insight Today…Haim Saban Takes ProSiebenSat.1After a protracted bidding process, spanning… Continue reading MediaTel Insight: War And The Ad Economy
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
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
The Advertising Association (AA) has set up an industry task-force to examine the feasibility of creating a self-regulatory system for broadcast advertising. The rules governing television and radio advertising are likely to be relaxed following the creation of Ofcom later this year. However, Lord Currie, chairman of the new super-regulator, has emphasised that the responsibility… Continue reading AA Launches Task Force To Drive Self-Regulation
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
Week on week analysis of the media sector reveals a positive performance for Granada, which saw stock improve by 2.40% week on week following reports that an unnamed outside party could be preparing to make a bid for the company. Speculation also suggests that the broadcasting giant faces shareholder protest at its annual meeting this… Continue reading Sharewatch: Granada Faces Shareholder Unease
