The media sector was under pressure on Tuesday following the broader London equity market downwards, after a downbeat forecast from Barclays knocked investors confidence in a sustained rally.Reuters was the sector’s big story, after reportedly announcing a wave of job cuts at its broking subsidiary. Cazenove downgraded the group to hold from buy and the… Continue reading Sharewatch
ITV1 and the BBC are preparing themselves for the annual Christmas ratings battle and both appear to be depending on the pulling power of long-established programmes.ITV1 is hoping that Celebrity Big Brother hasn’t drained the public’s obsession with celebrities and is offering up Celebrity Blind Date, a Stars In Their Eyes Celebrity Special and Celebrity… Continue reading ITV And BBC Gear Up For Christmas With Old Favourites
Guardian Media Group has announced that it is to move Jazz FM’s sales operation from Clear Channel Radio Sales (CCRS) to Chrysalis.CCRS was only acquired last month but is to be sold on to Radio Investments Limited, in which GMG is a major shareholder.Chrysalis will now represent nationally all five GMG Radio stations – Jazz… Continue reading Chrysalis To Represent All GMG Stations
Half of UK firms now order goods and services online, a 52% increase on 2001, according to a new study by the Department of Trade and Industry. The International Benchmarking Study 2002 revealed that UK companies are becoming increasingly acquainted with the merits of e-business. Over 90% of businesses now have access to the internet,… Continue reading UK Businesses Keen To Develop The e-Economy
Shares in AOL Time Warner fell 14% yesterday following a downbeat forecast on the prospects for its America Online division. The world’s largest media company believes that things will get worse before they get better and is predicting that advertising and commerce sales at its internet arm will fall by up to 50% in 2003.… Continue reading Difficult Times Ahead For America Online
The Shadow Secretary of State for Culture, Media and Sport, John Whittingdale, has launched an attack on the new Communications Bill, claiming it may “introduce statutory regulation of newspapers through the back door.”Speaking at the second reading of the Bill in Parliament yesterday, Whittingdale commented: “This Bill, far from protecting press freedom, does quite the… Continue reading Tories Warn Ofcom May Jeopardise Press Freedom
The Irish telecoms sector saw revenues increase by 4% and there was a 10% movement of customers from the incumbent to other fixed line operators in the last quarter. A report from the newly-created Commission for Communications Regulation (ComReg) found that 162,000 Carrier Pre-Selection (CPS) lines are now rolled out in the country and at… Continue reading Irish Telecoms Industry In Good Heart
Strong sales of Sony’s PlayStation 2 console look set to boost revenues for Future Network, publisher of the Official UK PlayStation 2 Magazine, according to analysts at Merrill Lynch. Experience from the original PlayStation console shows that Future sold around one magazine for every ten consoles sold; Sony has just announced that ten million PlayStation… Continue reading Strong PlayStation 2 Sales To Boost Future Network Revenues
BBC Magazines has promoted Katherine Rose, former marketing director of homes, gardening and food magazines, to the new role of marketing planning director.The move is part of a widespread re-structuring scheme to create a central marketing planning team as part of a review of the entire marketing department. As well as the creation of a… Continue reading BBC Magazines Establishes Centralised Marketing Teams
David McEvoy, JCDecaux’s marketing director, delivered the final paper at the MRG Conference in Budapest on Friday afternoon with a Pathé news reel from Britain in 1952.Fifty years ago Mills and Rockley (later to become Mills & Allen), which was taken over by JCDecaux, conducted a travel survey to assess the coverage and frequency outdoor… Continue reading MRG Conference: Nothing Wrong in Nottingham?
