More Industry News articles

Falling CD sales have prompted the music industry to resume its attack on the internet. It is backed up by growing evidence that the rise in illegal downloading is impacting on artists and record companies. New data from PricewaterhouseCoopers reveals that CD shipments in the US fell by 7% in the first half of 2002.… Continue reading Fall In US Music Sales Blamed On Internet Downloaders

Steve Morrison, chief executive of Granada, is reportedly set to leave the company within a matter of weeks, in a move that could see Charles Allen take more responsibility at ITV.Speculation suggests that Morrison had been due to take early retirement some time next year (see Granada’s Morrison Set To Take Early Retirement), but that… Continue reading Morrison Could Leave Granada Within A Matter Of Weeks

The ITC has published its revised advertising standards code following an extensive consultation process with advertisers and the public.Sarah Thane, ITC director of programmes and advertising, said: “Our aim has been to seek views on the current rules and to incorporate best practise and recent developments into the code.”In fact, very few real changes have… Continue reading ITC Publishes Revised Advertising Standards Code

David Elstein, the former chief executive of Channel 5, has launched a scathing attack on ITV, claiming that the network has been brought to its knees by a decade of “profound mismanagement.”Speaking at this year’s Guardian Edinburgh International TV festival, Elstein, a former head of programmes at Thames TV and once a contender for the… Continue reading GEITF 2002: Former Channel 5 Boss Attacks ITV

Media stocks put in a solid performance on Tuesday despite concerns of a US attack on Iraq and conflicting data weighing in on Wall Street.Granada remained in focus on mounting rumours that chief executive, Steve Morrison, will leave later this week in a move which will allow Charles Allen to strengthen his grip as executive… Continue reading Sharewatch

Dawn Airey, chief executive of Channel 5, claims that ITV is loosing audiences because it is too “bland”.In an interview in today’s Times, Airey, who is being tipped as the candidate most likely to take over from David Liddiment as ITV’s director of channels, says that more new drama and high-profile entertainment hits are needed… Continue reading Airey Criticises ITV For Being Too Bland

First half US advertising revenue came in pretty much flat, according to new figures from CMR, suggesting that, at the moment, a solid rebound seems far from likely this year. CMR’s data shows that overall spend dropped by 0.2% in H1 2002, to $53.7 billion, as against a particularly weak H1 2001. This flat performance… Continue reading US First Half Adspend Comes In Flat, According To CMR

Brands have been relatively slow to catch onto the potential of interactive TV advertising, but the increasing uptake of digital TV and the success of Big Brother is turning brands on to the potential of the medium. Doug Stoddart, director of interactive solutions consultancy, Purple Lizard, explains…The opportunity for TV advertising to evolve from a… Continue reading NewsLine Column: Lowering the Veil On Interactive TV Advertising

A new report from Forrester Research reveals that while the growth in internet usage is slowing, there are now more regular online shoppers. The internet penetration rate in Europe rose from 43% in the final quarter of 2001 to 46% in the second quarter this year. However, although the number of new internet users appears… Continue reading Europeans Revel In Online Shopping Experience

Chairman of the Joint Scrutiny Committee, Lord Puttnam, has urged the Government to recognise that the long-term future of the BBC lies “most securely” within Ofcom.Delivering the annual Worldview lecture at this year’s Guardian Edinburgh International TV Festival, Puttnam warned of the dangers of the BBC abusing its position of “tremendous power” and called on… Continue reading GEITF 2002: Puttnam Calls For BBC To Come Under Ofcom