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
Turnover at international consumer magazine group, Future Network, rose by 18% in the four months to 31 October 2001, up from the 14% rise reported for the six months to 30 June 2002.In a trading statement released this morning, Future said that earnings for the full year should be comfortably ahead of current consensus market… Continue reading Future Says Earnings Will Beat Market Consensus
The ASA has censured a series of press ads for internet service provider, Easynet, on the grounds that they condone violent and anti-social behaviour.One of the ads, which appeared in the Evening Standard, featured a man being punched in the face by another man and was headlined: “When your MD finds out you’re spending up… Continue reading ASA Gives Anti-Social Easynet Ads The Boot
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
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
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
The ITC has dismissed complaints that performances given by Christina Aguilera and Holly Vallance on ITV1’s Saturday morning show, CD:UK, were “inappropriate”.The ITC received 13 separate complaints from viewers who were concerned that the performances were “too suggestive” for children.The regulator acknowledged that the show is one of the most-watched music programmes on TV and… Continue reading ITC Dismisses Complaints Against Raunchy CD:UK
Analysis of the latest TV revenue figures for October reveals a positive period for total UK terrestrial TV. Gains were experienced across the board, but Channel Five saw the most significant improvement, with revenue rising by 31.8% year on year despite the recent departure of chief executive, Dawn Airey (see Airey’s Departure Represents Coup For… Continue reading TV Market Round-Up October 2002
