More Industry News articles

Haymarket, the magazine publisher owned by Lord Heseltine, has announced a loss of £7.2 million for 2001. While turnover was unchanged at £161 million, pre-tax profits slipped from £30.8 million in 2000 to £20.4 million last year. The company cited the advertising recession as the primary reason for the decline, with the business-to-business sector suffering… Continue reading Haymarket Profits Hit By Advertising Downturn

Carlton and Granada have finally announced that they have entered into advanced merger talks, which could lead to the creation of a single ITV. The news ends months of speculation about the future of the network, which has been hard hit by the ongoing advertising downturn and the departure of chief executive Stuart Prebble following… Continue reading Carlton And Granada Enter Advanced Merger Talks

A management buyout has seen KirchSport fall under the control of a group led by ex-Adidas boss, Robert Louis-Dreyfus. Kirch announced last month that its sports division, which holds the TV rights to the 2006 football World Cup, would be sold separately from the rest of the company (see Kirch Move Prompts World Cup Rights… Continue reading Former Adidas Chief Buys World Cup Rights

The news that Carlton and Granada, the UK’s two largest independent broadcasters, are in the advanced stage of merger negotiations (see Carlton And Granada Enter Advanced Merger Talks) has received a mixed reception from advertisers and concerns abound that a single ITV could prove anti-competitive. ITV companies have been hit hard by the advertising downturn… Continue reading ITV Merger Must Clear Regulatory Hurdles

Media stocks were mixed on Thursday depressed by weakness on Wall Street, the prospect of military strikes against Iraq and downbeat economic news.Carlton and Granada were in focus as rumours (now confirmed) surfaced late in trading that they were in advanced merger talks that could lead to the creation of a single ITV (see Carlton… Continue reading Sharewatch

The annual MediaTel Media Question Time is just a couple of days away. Like an England Football squad, the MQT panel has seen a couple of enforced late changes, but we have a final panel that promises some very lively debate on Monday evening.Lining up to answer your questions are:Jim Hytner, commercial director of ITV… Continue reading Annual Media Question Time Event Just Days Away

Clear Channel UK has announced the formation of a new nationwide banner advertising division and a raft of new appointments following the rebranding of the More O’Ferrall as Clear Channel earlier this week (see More O’Ferrall To Rebrand As Clear Channel).The new division, which will be based in Scotland, will handle Clear Channel’s nationwide portfolio… Continue reading Clear Channel Launches New Banner Division

Channel 4 has secured a £700,000 sponsorship deal for the first UK terrestrial broadcast of The Osbournes from the show’s MTV sponsor, Golden Wonder Nik Naks.The new series, due for terrestrial launch in November, will be supported by a national campaign comprising outdoor, radio and press activity. The programme’s sponsorship idents will feature the Nik… Continue reading Channel 4 Secures Sponsor For The Osbournes

Outdoor advertising is set to become more accountable with the launch of a new audience measurement system from Nielsen Outdoor.The newly formed unit of VNU Media Measurement & Information is to begin testing a metered measurement system that will provide outdoor advertisers with much needed information about the medium.The proposed service, which will be pilot… Continue reading Outdoor Advertising To Become More Accountable

GWR has agreed a deal with NTL Home to broadcast five of its digital radio stations over the NTL digital cable network.The deal will make Classic FM, Core, Planet Rock, The Storm and The Mix available to an extra 1.2 million potential listeners.Simon Ward, GWR’s new media and digital director, commented: “Given that our aim… Continue reading GWR To Broadcast Over NTL Digital Network