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
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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
2002 was a bumper year for cinema with box office revenue growing by 10% year on year, according to the latest figures from trade publication, Screen Finance.Research shows that box office takings topped £800 million last year, with 350 film releases, compared to a box office total of £727 million from 321 releases in 2001.Tim… Continue reading UK Box Office Earnings Climbed 10% In 2002
The Government has warned the BBC that it will face a comprehensive review to win the renewal of its charter, which runs out in 2006.Speaking at yesterday’s Oxford Media Convention, Culture Secretary, Tessa Jowell, dismissed rumours that the charter and the licence would be automatically handed to the BBC. She said that the Corporation would… Continue reading Government Promises Review Before BBC Charter Renewal
McDonald’s has renewed its sponsorship of Virgin Radio’s breakfast show for a further 12 months, in a deal worth £750,000.The new sponsorship deal will extend McDonald’s presence beyond the breakfast show to programmes in other day parts. In-store promotions will run alongside the on-air activity to promote new McDonald’s product launches.The renewed agreement will also… Continue reading McDonald’s Renews Virgin Breakfast Sponsorship
ITV Revenues Drop As Audiences ImproveITV airtime revenue could be down by as much as 10% year on year in February and March, according to estimates from Merrill Lynch analysts.Current Ad Growth Bubble May Not Hold, Warns MyersThe current advertising outlook is one of cautious optimism, but the confidence of US marketers and media buyers… Continue reading On MediaTel Insight Today…
Almost one in three mobile phone users in Europe want a new phone within the next year and a significant proportion would like access to advanced features, according to a report from Forrester Research. The study found that 29% of mobile owners intend to replace their current phone in 2004. Some 18% are planning to… Continue reading Euro Mobile Users Wave Goodbye To Old Phones
TV has had it tough recently, with the sharp downturn in the TV ad market causing untold hardship for almost all of the UK’s major commercial broadcasters. Last year saw ITV suffer following the collapse of ITV Digital; Channel 4 was forced to make a raft of job cuts and strategic belt tightening was adopted… Continue reading Feature: Green Shoots Of Recovery For TV Advertising
In 2004, cable companies face a tough climate with rising competition but the industry as a whole is in a healthier state than last year and should benefit from increased uptake of new services. Research by technology consultants Ovum suggests that broadband remains a key growth area. Cable has little competition from infrastructure-based operators in… Continue reading Cable Firms To Extend Their Clout
Advertising and public relations company, Chime Communications, is to sell 49% of its Howell Henry Chaldecott Lury (HHCL) advertising agency to WPP, the group announced this afternoon. 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… Continue reading Chime Communications Sells 49% Of HHCL To WPP
