According to press reports, Premiere, the German pay-TV platform, has been sold to the private equity house Permira. The Financial Times claims that Permira will pay cash for a 70% stake in Premiere while the operator’s creditor banks take a 20% share as compensation in exchange for part of their E750 million in unpaid loans.… Continue reading Premiere Finds A New Home
More Industry News articles
The Digital Radio Development Bureau (DRDB) is publicising the launch of what it claims to be the world’s first truly portable DAB digital radio.The radio, which has been developed and manufactured by Perstel UK, is smaller and lighter than a pack of cards and features a menu system that allows users to switch between DAB… Continue reading World’s First Portable Digital Radio Unveiled
Advertisers will single mindedly focus on the present rather than the future during 2003 and will move away from sustainability towards accountability, according to new research from Euro RSCG Worldwide.The company predicts that in a post 9:11 world concerned with terrorist threats and the prospect of war between the United States and Iraq, consumers will… Continue reading Advertisers Will Focus On The Present During 2003
Shazam, the mobile music recognition company, has announced plans to launch a new Songmail service to give consumers the chance to send and share music.The new service, which launches this spring, will allow mobile phone owners to send and share music over their phones via a 30-second audio clip. Shazam is hoping the new service… Continue reading Shazam Launches New Songmail Service
Advertisers will single mindedly focus on the present rather than the future during 2003 and will move away from sustainability towards accountability, according to new research from Euro RSCG Worldwide. The company predicts that in a post-9:11 world concerned with terrorist threats and the prospect of war between the United States and Iraq, consumers will… Continue reading Advertisers Will Focus On The Present During 2003
Wednesday saw a poor day of trading for the media sector, which followed the FTSE down past the 3,900 after a awful day of trading on Wall Street. Analysts now believe the threat of a US lead military strike against Iraq in the new year had increased, this news was seen weighing heavily on sentiment.On… Continue reading Sharewatch
Marketing spend is expected to rise in most major countries next year, according to a new report from the French advertising group Havas. The study produced in conjunction with the London Business School has predicted that expenditure in the UK will grow 5.3% next year after a 4.2% rise in 2002. Above-the-line advertising (press, television,… Continue reading Marketing Budgets To Rise In 2003, Says Study
IPC Ignite’s Muzik magazine is to increase its print run for its February edition, which will feature three split covers featuring different music heros and a covermounted CD.The covers will feature Madonna, Kraftwerk or Prince who, according to Muzik are: “Three musicians who have enjoyed hugely successful careers and influenced many of today’s biggest stars.”The… Continue reading Musik Enters New Year With Multiple Covers
ITV’s share of the television advertising market is set to drop by two percentage points next year, as around 70% of the Network’s advertisers renegotiate their new annual contracts at the end of this year. This is according to a new set of estimates from Merrill Lynch. Analysts at Merrill say that ITV’s share of… Continue reading ITV’s Market Share To Fall 2% Points In 2003, Says Merrill Lynch
SMG is understood to have reopened the bidding for its Herald collection of newspaper and magazine titles after US group, Gannett, reportedly attempted to renegotiate its agreed £215 million offer.Reports claim that after becoming the preferred bidder, Gannett attempted to lower its offer price by £12 million. SMG, whilst not commenting until a deal is… Continue reading SMG Reopens Herald Auction, Say Reports
