Week on week analysis of the media sector saw a solid performance from Carlton and Granada, seen up 18.99% and 19.73% respectively. Although the shares could be knocked by press reports that Gerry Murphy, chief executive of Carlton, has claimed that merger talks between the two ITV companies could be delayed for 3 years because… Continue reading Sharewatch
Channel 4’s chief executive, Mark Thompson, has criticised British television for being “dull mechanical and samey” and has outlined his plans to reinvigorate TV as a creative medium.Delivering the annual MacTaggart lecture at this year’s Guardian Edinburgh International TV Festival, Thompson attacked “risk-averse” broadcasters for their “pervasive sense of predictability” and warned that Government plans… Continue reading GEITF 2002: Thompson Outlines New Vision For Channel 4
AT&T, the US telecoms company, has completed the sale of its 27.6% stake in Time Warner Entertainment. AOL Time Warner has paid $9 million for full control of TWE and will now take sole charge of the Warner Brothers film studios plus a number of cable channels including HBO amd Comedy Central. The payment will… Continue reading AOL Finalises Deal With AT&T
The Advertising Standards Authority has upheld a complaint against a Calvin Klein perfume poster on the grounds it was sexually suggestive.The poster depicted semi-naked models kissing, whilst holding a bottle of the perfume, and was similar to previous Calvin Klein poster campaigns.The ASA received a total of 35 complaints about the image, both from members… Continue reading ASA Upholds Complaint Against Calvin Klein
The indebted cable operator, Telewest Communications has announced the appointment of a new finance director to lead it through a period of financial restructuring. Mark Luiz moves from his current position as chief operating officer to succeed Charles Burdick, who was promoted to managing director earlier this month (see Telewest Chief Executive Removed In ‘Boardroom… Continue reading Luiz To Manage Telewest Finances
Media Stocks put in a solid performance across the board on Wednesday, uplifted by a strong finish to Wall Street’s Wednesday session.Industry heavyweight Carlton remained in focus after signing a deal with US production company Gurin. The move reflects the growing trend of US producers sourcing reality television and game show ideas from Europe, Carlton… Continue reading Sharewatch
The new Tate magazine, due to be relaunched next month, will carry consumer advertising on its pages for the first time.Condé Nast will now publish the magazine, which was previously published by Spafax publishing. The re-vamped magazine is designed to appeal to a wide ranging audience and will be also be distributed internationally.The revamped magazine… Continue reading New Tate Magazine To Carry Advertising
Outdoor Advertising agency Mobile Media is using a team of scooters to promote Sainsbury’s supermarket with a series of highly targeted local campaigns.Sainsbury is the first advertiser to use the scooters, which display two 6-sheet posters back to back. The supermarket is to use the bikes to target pedestrians in specific areas to promote store… Continue reading Sainsbury Uses Mobile Media Scooters For Promotion
Hachette Filipacchi has announced an end to its joint ventures with Emap, following its purchase of Attic Futura (see Hachette Buys Attic Futura For £40 Million).The split will see Hachette keep it’s trademark Elle brand which includes Elle Decoration and Elle Girl. However the future of Red magazine is still hanging in the balance. Marie… Continue reading Red’s Future Uncertain After Emap And Hachette Split
The indebted cable operator, Telewest Communications has announced the appointment of a new finance director to lead it through a period of financial restructuring.Mark Luiz moves from his current position as chief operating officer to succeed Charles Burdick, who was promoted to managing director earlier this month. Luiz is charged with the task of reducing… Continue reading Luiz To Manage Telewest Finances
