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Granada has announced the appointment of James Crosby, chief executive of respected bank HBOS, as a non-executive director. Crosby, who is also a non-executive director at St James’s Place Capital, has had a long and distinguished career in the financial services sector and it is believed that he is being brought to the board to… Continue reading Granada Hopes To Woo City With New Appointment

Granada today announced full-year losses of £164 million but the commercial broadcaster was encouraged by results in the second half and remains confident about the future of ITV. The company announced that pre-tax profits for the year to late-September came in at £176 million, 10% less than in 2001, but ahead of many analysts forecasts… Continue reading Granada Unbowed Despite Fall In Profits

Pace, the UK set-top box manufacturer, has today issued its fifth profits warning of the year and is not optimistic that sales will pick up in the near future. The company said that the slow take-up of digital television in Europe and the US meant that targets were being missed and second half losses are… Continue reading Pace Issues New Profits Warning

A new report has offered an optimistic prognosis for the US advertising industry by claiming that 2003 will see a significant increase in spending. The forecast, Outlook for Advertising and Media is produced by financial information specialist Global Insight. It claims that all media types will experience a recovery in advertising sales in the next… Continue reading US Advertising Market To Grow By 6% In 2003, Says Report

There are now 563 million people worldwide with home access to the web according to the Global Internet Trends survey from Nielsen//NetRatings. The number of users rose by 10 million in the third quarter of 2002. The study shows that the US continues to have the largest internet population, with almost 30% of the total… Continue reading Internet Population Increases By 10 Million

Mobile phone sales totalled 104.3 million units in the third quarter of 2002, a 7.8% increase from the same period last year, according to a new report from Gartner Dataquest. This higher-than-expected increase is a timely boost for the industry as the crucial Christmas period approaches. It will also be of interest to researchers and… Continue reading Mobile Sales Growth Prompts Talk Of Recovery

An average of 50 million text messages were sent each day during October taking the monthly total to an all time high of 1.54 billion, according to the Mobile Data Association (MDA). The daily average for October, which is substantially higher than the 21 million daily texts sent each day in October 2000, brings the… Continue reading Early Birthday Present As Texting Hits 50 Million Mark

Shares in Carlton jumped after a deeper than expected round of cost cutting enabled the group to report annual results ahead of expectations (see Carlton Sees Improving Ad Trading As Loss Hits £156m). In a separate development, Paul Murray, the finance director of the company, admitted ITV overpaid for Premier League highlights. The stock was… Continue reading Sharewatch

BT has announced a partnership with MSN, which will see the two groups co-market internet access via BT broadband and Microsoft’s new internet service MSN 8.The deal makes BT Microsoft’s first major European distributor for MSN 8, the new multimedia email product, which has been developed to challenge AOL’s dominance in the market. MSN 8… Continue reading BT and MSN Announce Marketing Partnership

UK television is currently undergoing fundamental change as it is forced to react to the advance of technology and twenty-first century viewing habits. Predicting the future is no easy task but a new report has outlined some of the challenges faced by the industry and speculates on how the broadcasting landscape will look in the… Continue reading Insight Analysis: TV Industry Looks To The Future