Week on week analysis of the media sector reveals heavy losses after a turbulent week on trading.Embattled telcom group,Telewest, saw the sector’s most significant decline, falling 25% week on week. The group is under pressure to reach a restructuring agreement with its bondholders within a month following a decision to delay a £68 million coupon… Continue reading Sharewatch
The Daily Mail & General Trust, publisher of the Daily Mail, is to remain family controlled, according to its chairman Viscount Rothermere.According to a report in today’s Times newspaper, Rothermere has no intention of changing the company’s controversial share structure that gives his family control of the voting rights. He asked: “Why should the voting… Continue reading Daily Mail & General Trust To Remain Family Owned
Wireless Group-owned sports radio station talkSPORT has secured Mercedez-Benz vans as the six figure sponsor of its weekend football results updates.The deal, which will run during the 2002/2003 season, will see Mercedez sponsor the half-time and full-time results round-ups during Adrian Durham’s Football First programme on Saturday afternoons.Adam Roland, sponsorship controller at talkSPORT’s sales house,… Continue reading talkSPORT Gets A Result With Mercedez-Benz Deal
Until now, advertisers have been reluctant to exploit the medium of interactive television but a new paper from Billetts, the advertising and marketing consultancy, puts the onus on the broadcasting industry to change the status quo. The report acknowledges that television in the UK is experiencing seismic changes and digital technology has given viewers access… Continue reading Jury Still Out On Interactive Advertising
The Digital Radio Development Bureau (DRDB) has appointed Nelson Bostock Communications to help drive awareness and generate sales of digital radio units in the key pre-Christmas period.The PR consultancy will work alongside DRDB’s in-house team to generate a consumer campaign highlighting the generic benefits of digital radio. It will also work with manufacturers to launch… Continue reading DRDB Appoints New Agency For Pre-Christmas Push
Sky Active has formed a partnership with Press Red to begin technical trials for online interactive television ads on the Sky digital platform.The trials are integrating Press Red’s Black Box Designer, which is intended to help facilitate the creation of interactive adverts, into Sky’s interactive broadcast systems.Toby Ireland, commercial director at Sky Interactive, comments: “We… Continue reading Sky Gets Interactive With Press Red
Media Stocks joined the broader FTSE rally on Thursday, cheered by strength on Wall Street and evidence of a gilt to equity swap.The radio sector was seen in focus after Capital Radio boosted the sector with some positive guidance and the unexpected news that Chris Tarrant will stay on as host of the breakfast show… Continue reading Sharewatch
Natmags Contract Publishing is to launch a new magazine for frequent flyers called Emporium.The magazine, which is due to be released this November, will be published half-yearly and will be linked to airport operator, BAA’s WorldPoints loyalty scheme. November’s launch issue, will contain fashion, beauty, entertainment and Christmas gifts. It will also include information about… Continue reading Natmags Contract Publishing Secures BAA Deal
Outdoor advertising contractor, Maiden Group, said that sales declined by 5.1% in the six months to 30 June 2002, pushing the group into the red.Pre-tax loss for the period was £2.3 million, down from the £2.2 million profit of the same period last year.However, things are starting pick-up, with a ‘slow but steady’ improvement in… Continue reading Maiden Pushed Into Red By Tough First Half
GWR’s sales house Opus has been awarded the contract to sell advertising across Vibe FM and Galaxy 101 following the recent joint venture deal between GWR and Scottish Radio Holdings.The newly created Vibe Radio Services, which is 52% owned by Scottish Radio Holdings and 49% owned by GWR, yesterday acquired Galaxy 101 from Chrysalis Radio… Continue reading Opus Secures Galaxy 101 Sales Contract
