ITV Digital’s liquidators, Grant Thornton, are set to undertake the mammoth task of contacting the platform’s 1 million former subscribers to request they give up their set top box or pay £39.99 to keep it.Grant Thornton is to contact each of the 1 million subscribers by post to inform them that the boxes were only… Continue reading ITV Digital Liquidators To Retrieve Set Top Boxes
The latest ABC results for national newspaper circulation reveal a relatively static period for the sector, which saw circulation decline slightly during November.The recently revamped Sunday Times saw the most significant upward movement in percentage terms, with circulation increasing by 3.2% month on month. The Daily Mirror, which recently emerged from a fierce coverprice war… Continue reading ABC National Newspaper Round-Up November 2002
Channel 4 has confirmed that it is set to report a profit for 2002 following a wave of job losses and stringent cost-cutting across the network (see Channel 4 Announces Most Radical Restructure In 20 Years).According to the Channel, the turn-around is due to a reduction in losses at its commercial arm, 4 Ventures, alongside… Continue reading Channel 4 To Return To Profit In 2002
IPC chief executive, Sly Bailey, is to replace Philip Graf as chief executive of Trinity Mirror, when he steps down early next year (see Graf To Step Down As Chief Executive Of Trinity Mirror).Bailey has been chief executive of IPC since December 1999 and was instrumental in discussions that resulted in the sale of the… Continue reading Bailey Leaves IPC To Replace Graf At Trinity Mirror
Media stocks were seen under pressure on Monday as the FTSE 100 slid below the key 4,000 level, after further weakness in the banking sector and a poor performance by Cable & WirelessCable & Wireless yesterday suffered a significant share price fall and it has been suggested the company is facing eviction from the FTSE… Continue reading Sharewatch
National sports radio station talkSPORT has secured the Daily Telegraph as the sponsor of its financial bulletins, in one of the biggest deals in the station’s history.The sponsorship will run from January 2003 to March 2004 and will see the Daily Telegraph sponsor all of the financial bulletins in the No-Nonsense Sports Breakfast with Mike… Continue reading talkSPORT Teams Telegraph With Financial Bulletins
Channel 4 has confirmed that it is set to report a profit for 2002 following a wave of job losses and stringent cost-cutting across the network. According to the Channel, the turn-around is due to a reduction in losses at its commercial arm, 4 Ventures, alongside a 4.5% boost in advertising revenues driven by record… Continue reading Channel 4 Set To Return To Profit
The proposed takeover of SMG’s publishing unit by the regional newspaper group, Newsquest has been referred to the Competition Commission.The Competition Minister Melanie Johnson took the decision after Gannett, the parent company of Newsquest, applied for permission to acquire the titles, which include The Herald, Sunday Herald and Scotland on Sunday.SMG put its publishing division… Continue reading Gannett Bid For SMG Titles Referred To Competition Authorities
The global advertising communications company Interpublic is forecasting that 2003 revenues will come in flat compared to this year. Speaking at the UBS Warburg Media Conference in New York, chairman and CEO John Dooner admitted that 2002 had been a difficult year but he is hopeful that better times are ahead. Zenith Optimedia foresees 2.9%… Continue reading Interpublic Says That 2003 Will Be Flat
UK advertising expenditure grew by 3.6% during the third quarter of the year, or 2.0% after adjusting for inflation, with television currently leading the recovery, according to the latest figures from the Advertising Association (AA). TV showed growth of 7.7% in constant currency, significantly above the combined average of 2.0%. Only direct mail managed a… Continue reading UK Advertising Grows 3.6% In Q3, Says Ad Association
