Week on week analysis of the media sector saw stocks under pressure as the FTSE 100 bowed to continued pressure from bearish earnings reports and the continued threat of US-led military action against Iraq.On the corporate news-front, Emap was seen in focus following news that chief operating officer, Tom Moloney is to become the group’s… Continue reading Sharewatch
A tough six months for digital set-top box manufacturer, Pace Mirco Technology, were revealed this morning, with turnover falling by 61% to £83.4 million for the interim period. Losses before tax and goodwill hit £15.9 million for the half year to 30 November 2002, down heavily on the £22.2 million profit of the same time… Continue reading Pace Falls Into The Red As Digital Box Sales Decline
Jane Lighting, head of Telewest’s TV production arm, Flextech, is being tipped as the front runner to become the new chief executive of Channel Five.A report in yesterday’s Observer claims that Lighting, a protégée of Telewest’s former chief executive Adam Singer, has emerged as Channel Five’s preferred choice to succeed, Dawn Airey, who stepped down… Continue reading Flextech Boss Tipped To Succeed Airey At Channel Five
Didier Bellens, the chief executive of RTL, has restated his commitment to Channel 5 and said that the broadcaster was capable of achieving a 10% share of the UK television audience. In an interview in this weekend’s Observer, Bellens denied rumours that RTL was prepared to sell its 65% share in the rebranded Five to… Continue reading RTL Remains Alive To Five
News International has confirmed that David Yelland has quit as editor of the Sun. He will be replaced by News of the World editor, Rebekah Wade, with effect from tomorrow.A spokeswoman for News International confirmed that the announcement was made by the company’s chairman, Les Hinton, in an internal email earlier today.Yelland’s departure, which is… Continue reading Yelland Quits As Editor Of The Sun
Trinity Mirror’s chief executive of newspapers, Joe Sinyor, has resigned as a director and will leave the company today, it was announced this morning. Sinyor’s departure was predicted in December, alongside reports that he and Trinity chairman, Sir Victor Blank, held disagreements on strategy for the group’s national newspapers (see Sinyor Rumoured To Be Departing… Continue reading Sinyor Leaves Trinity Mirror
The worldwide market for internet access devices will grow at an overall annual rate of 28.2% between 2001 and 2006, according to a new report from In-Stat/MDR. Internet access devices can be defined as personal computers, mobile phones, internet-enabled set-top boxes, internet appliances, smart appliances and white goods. Instat estimates that shipments will increase from… Continue reading Internet Access Device Market Set To Expand
GWR has extended its Vibe FM brand with the launch of a new dance and R’n’B station called Vibe 101.The new station will broadcast across South Wales and the West, including Bristol and Cardiff and will target the 15 to 24 year age group. GWR claims that the new station will bring the Vibe brand… Continue reading GWR Extends Vibe FM Brand With New Launch
Channel Five has signed up BBC journalist Donal MacIntyre as the new face of its current affairs programming.MacIntyre, who is best known for his controversial BBC1 series, MacIntyre Uncovered, is to front at least 12 hours of programming on Channel Five in 2003, including investigative journalism, social affairs and other current affairs topics.Director of programmes… Continue reading Five Signs MacIntyre As Face Of Current Affairs
Zenith Optimedia has warned that ITV’s audiences could continue to decline during 2003, as the new free-to-air digital service, Freeview, becomes more popular.The media buying agency claims that the rate at which Freeview decoders are selling since they became available last year (see BBC Revives Digital Terrestrial TV With Freeview Launch), suggests that 1.5 million… Continue reading ITV Could Lose Audiences To Freeview In 2003
