More Industry News articles

The acquisition of Galaxy Radio Wales by Vibe Radio Services has been referred to the Competition Commission for investigation. Competition minister, Melanie Johnson, said that she is concerned that the deal, already completed (see Chrysalis Takes GWR’s LNR And Sells Galaxy 101), might reduce competition for local radio advertising in the Bath and Bristol areas.… Continue reading GWR Questions Competition Referral Of Vibe’s Galaxy Acquisition

Rebekah Wade, who takes over from David Yelland today as editor of The Sun, has described her new job as “the best in newspapers.”The former News Of The World editor said that she can’t wait to get started in the position left vacant following Yelland’s surprise resignation yesterday (see Yelland Quits As Editor Of The… Continue reading New Sun Editor Says Job Is Best In Newspapers

US cable giant, Liberty Media, has for the second time declined to increase its stake in UK cable operator, Telewest Communications, indicating that its European cable ambitions may be on the wane. According to a report on FT.com, Liberty passed up the chance to buy Microsoft’s 25% holding in Telewest, despite having first rights on… Continue reading Liberty Media Passes Up 25% Telewest Stake Opportunity

AOL UK has appointed Greg Paine to the newly created role of director of strategy for interactive marketing.Before joining AOL Paine was media director at McCann-Erickson Russia and prior to this he was general manager of Universal McCann Warsaw.In his new position Paine will take responsibility for sales strategy, planning research and trade marketing. He… Continue reading AOL Boosts Interactive Marketing Team

Cable operator NTL has finally emerged from bankruptcy protection after restructuring its debt to satisfy creditors. The company will now be split into two parts, NTL Incorporated, featuring its UK and Ireland business, and NTL Europe. Lenders have agreed to swap $10.9 billion in debt for equity. NTL’s parent company initially applied for Chapter 11… Continue reading NTL Emerges From Bankruptcy

UK television advertising revenue will grow by 4% this year, in a total market up by 4%-5%, according to new forecasts from media audit consultancy, Billetts. A pick-up in spend that began in Q4 2002 is expected to continue into this year and overall growth is forecast to be the same this year as last,… Continue reading UK TV Revenue To Grow 4% In 2003, Says Billetts

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

The high costs of technology and ongoing content issues will ensure that video-on-demand (VOD) does not take off in Europe until 2005. That is the conclusion of a new report from Forrester Research as reported on Europemedia. VOD is seen as the next logical progression of the television experience but there has been a bitter… Continue reading European VOD Revolution On Hold, Says Forrester

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

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