The media sector experienced a turbulent day of trading on Thursday as the market continued its downward slide after negative guidance from key brokers and weakness in the pharmaceutical and banking sectors.The continued threat of US-led military action against Iraq also weighed on the market and investors will today consider news that UN weapons inspectors… Continue reading Sharewatch
MTV is celebrating the 5th anniversary of hip-hop show The Lick by teaming up with National Magazine’s Company magazine and HMV for a series of special promotions.The partnerships, which will run until this May, are designed to create awareness of The Lick and extend the reach of urban music to a wider audience.As part of… Continue reading MTV Teams Up With Company And HMV To Celebrate
Channel 4’s chief executive, Mark Thompson, has emphasised the channel’s commitment to public service broadcasting, by promising greater investment in British programming, riskier scheduling and more commitment to new talent over the coming year.Thompson told delegates at yesterday’s Oxford Media Convention that defining and delivering its version of public service broadcasting is the single most… Continue reading Thompson Confirms Channel 4’s Public Service Commitment
Advertising and public relations company, Chime Communications, has announced it is to sell 49% of its Howell Henry Chaldecott Lury (HHCL) advertising agency to WPP.WPP will pay £3.5 million in cash for the stake in HHCL, which will become part of WPP’s international Red Cell network. Chime will have the option of selling the remaining… Continue reading Chime Communications Sells 49% Of HHCL To WPP
The current advertising outlook is one of cautious optimism, with most forecasters predicting the start of a slow and steady improvement in growth rates this year. In the US, revenue growth is on course to outperform the global average, leading the way to recovery. Radio has had a very good recent run and television is… Continue reading Current Ad Growth Bubble May Not Hold, Warns Myers
Two of Spain’s largest cable operators have announced plans to roll out digital TV services this year, according to a report on Europemedia. ONO and Auna Cable had been expected to launch operations in late-2002 but the uncertain state of the DTV market led to a delay. Both services will carry up to 100 channels… Continue reading Spanish Viewers To Get New DTV Services
Lord Currie, chairman of the new super-regulator, Ofcom, has confirmed that the rules governing television advertising are likely to be relaxed later this year, in a move that could clear the way for the self-regulation of other media sectors.Currie emphasised that the new catch-all regulator was keen to pursue “co-regulatory opportunities” in the broadcast arena,… Continue reading Ofcom Likely To Relax Broadcast Advertising Rules
Home broadband access grew by 59% in the US during 2002 as an increasing number of internet users made the switch from dial-up services. Nielsen//NetRatings estimates that 33.6 million Americans now access the net via a high-speed connection in the domicile. Narrowband users still make up the majority of the internet population but last year… Continue reading US Web Users Move Into The Fast Lane
News Corporation has made conciliatory overtones to Brussels in a bid to gain regulatory approval for its takeover of Telepiù, the Italian pay-TV arm of Vivendi Universal. Rupert Murdoch has agreed to pay in the region of E900 million for the operator which he plans to merge with News Corp’s own pay-TV venture, Stream to… Continue reading Murdoch Makes Concessions On Telepi
Pay-per-click ad network, Espotting, has secured a European search distribution deal with Fast Search & Transfer (FAST), a developer of real-time alert technologies.The deal will see Espotting provide web search results with its paid listings, as well as paid listings on FAST’s showcase site, www.AlltheWeb.com.In return, FAST will offer Espotting its web search results as… Continue reading Espotting Secures Distribution Deal With FAST
