It was a lacklustre day for media stock yesterday with the majority seeing shares fall. Granada fell 7˝p to close at 83žp as investors reacted to news that the departure of chief executive, Steve Morrison, could come as early as this week (see Morrison Could Leave Granada Within A Matter Of Weeks).Tuesday’s announcement that RTL… Continue reading Sharewatch
Conditions in the UK advertising market continue to be difficult, according to a first half financial results statement from publishing group Highbury House Communications. The group says that compared with the current trading conditions, those of H1 2001 were reasonably favourable, with the major downturn not occuring until the second half of last year.Business publishing… Continue reading Highbury Sees No Improvement In Difficult Ad Conditions
UBC Media has secured the contract to provide digital radio software to SMG’s Virgin Radio Group.The software will allow Virgin to send text messages and SMS ads to screens on DAB digital radio receivers. It will also link to SMG’s internal systems enabling song and artist information, news headlines and any other dynamic content to… Continue reading UBC To Provide Digital Radio Software To Virgin
As rumoured in the press yesterday, Granada’s chief executive Steve Morrison is to leave the company at the end of September, it was confirmed this morning. Current chairman, Charles Allen, is to take Morrison’s role heading up the company, also as expected. Morrison’s departure is thought to have been pushed through following shareholder dissatisfaction at… Continue reading Morrison Ends 28 Year Tenure At Granada
Classic FM has signed a sponsorship deal with Bank of Scotland Corporate Banking worth £250,000.The deal, which was negotiated through GWR’s sales house Opus, will see the bank become the official sponsor of the station’s weeknight news programme, Classic Newsnight, for the next six-months.Classic Newsnight, which is the station’s only speech-based programme, runs between 6.30pm… Continue reading Opus Secures £250,000 Sponsorship Of Classic FM
Conditions in the UK advertising market continue to be difficult, according to a first half financial results statement from publishing group Highbury House Communications, released this morning. The group says that compared with the current trading conditions, those of H1 2001 were reasonably favourable, with the major downturn not occuring until the second half of… Continue reading Highbury Sees No Improvement In Difficult Ad Conditions
US online sales of non-travel-related products will reach $13.8 billion in value, according a new forecast from comScore. This would represent a growth of 27% over Q4 2001, according to the company’s historical data. The group predicts that the holiday season’s spending will begin in earnest in the US on Monday 2 December, when consumers… Continue reading US Q4 Online Sales To Grow By 27%, Says comScore
Lorraine Heggessey, controller of BBC1, has hit back at critics who claim the channel is straying from its public service remit in its pursuit of ratings.Addressing a crowd of senior TV executives at this year’s Guardian Edinburgh International TV Festival, Heggessey passionately rejected recent claims made by chief executive of the Broadcasting Standards Commission, Paul… Continue reading GEITF 2002: Heggessey Defends Resurgent BBC1
Billetts, the advertising and marketing consultancy, has compiled an overview of the UK television industry’s first half of the year, including speculation on how the remainder of 2002 may pan out. Here are some of the key assessments of the year so far, broken down by broadcasting group. ITV1 Despite a boost in advertising surrounding… Continue reading Billetts’ Outlook For The UK Television Sector
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
