Jim Blundell, managing director of Survey Audits, will warn delegates at next week’s European Television Symposium of the perils of introducing new television audience measurement systems.He will cite the example of Australia where last year, ATR replaced ACNielsen as the approved TV measurement providers. There were numerous problems during the changeover and industry figures squabbled… Continue reading Television Conference To Tackle Audience Measurement
Vivendi Universal, the troubled media giant, admitted yesterday that it is under scrutiny in the United States over its accounting practices. The US attorney’s office for the southern district of New York has opened a criminal investigation and will work in conjunction with the Miami office of the Securities and Exchange Commission, which is carrying… Continue reading Vivendi Facing US Probe
The government is yet to make a decision over radio ownership regulation, according to Culture Secretary, Tessa Jowell.Writing in today’s Financial Times, Jowell claims that the government has agreed to 120 of the 148 recommendations made by Lord Puttnam’s Joint Scrutiny Committee. However, she adds: “There are a few issues on which the government still… Continue reading Government Remains Undecided Over Radio Regulation
Monday’s media sector experienced a substantial rally, following the broader London equity market upwards, after some bullish guidance from investment banks and a mighty surge on Wall Street late in trading on Friday.BSkyB was the sector’s biggest riser up 9.74% after chief executive, Tony Ball, talked subscriber targets up in the weekend press. The stock… Continue reading Sharewatch
SMG is currently outperforming the market in its television, radio, outdoor and cinema businesses, leading Merrill Lynch to upgrade its investor recommendation on the Scottish media company from neutral to buy.The broker says that SMG is gaining share amongst the ITV franchises, whilst the company’s Virgin Radio station is showing revenue growth year on year… Continue reading Solid Performance At SMG Gains Merrill Lynch Upgrade
With just 50 days to go until Christmas, Sky Active has launched a new shopping service dedicated to all things festive.The channel will be called ‘Christmas Gifts’ and is available to all Sky Digital subscribers. It will stock a wide variety of products from around 60 high street retailers.Sky will be running a number of… Continue reading Sky Launches Christmas Channel
Classic FM has secured a £650,000 sponsorship deal with Baxters soup for its Classic FM Lunchtime Request Show.The sponsorship, which begins this week, will last for six months and include trails on the show and links on Classic FM’s website. The strapline for the campaign will be: “Lunchtime request in association with Baxters Soup –… Continue reading Classic FM Secures Baxters Sponsorship
New research from comScore has revealed that online sales of recorded music fell sharply in the first nine months of 2002, rekindling fears that consumers are flocking in droves to online file-sharing services (see Fall In US Music Sales Blamed On Internet Downloaders). comScore recently found that US e-commerce revenues totalled $18 billion in the… Continue reading Online Music Sales Hit A Low Note
Keith Jones, the CEO of Reed Business Information, has taken up the chairman’s position at the Periodical Publishers Association (PPA).He succeeds Derek Carter, the chief executive of Emap Communications who has stepped down.Jones, who has been deputy chairman of PPA for the last year, commented on his appointment: “It is both a huge honour and a… Continue reading Keith Jones Takes Up Chairman’s Role At PPA
The Independent and Independent On Sunday newspapers turned in a loss of £15.7 million during 2001, according to a report on Media Guardian today. The site refers to the annual report of the papers’ parent company, Independent News & Media (INM), filed at Companies House last week. INM bought the Independent titles in 1998 and… Continue reading Losses Continue At Independent Titles, Says Report
