More Industry News articles

As internet usage grows, the medium is set to take a growing share of total advertising spend over the next several years, according to a report from JPMorgan, as covered by Jack Myers Report. Looking at the US market, the report predicts that as advertisers look to reach consumers in what is an increasingly fragmented… Continue reading Internet Will Take Increasing Share Of Advertising, Finds JPMorgan

Johnston PressFirst half pre-tax profits at Johnston Press jumped by 25.2% to £50.6 million, boosted by the acquisition of Regional Independent Media (RIM) in March this year.In financial results released this morning the regional publisher reported that advertising revenues rose by 1.2% on a like for like basis during the first half. This is an… Continue reading Johnston Press And IFG Release First Half Results

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

Global media consultancy, Media Audits, has appointed Mike Larkin as UK managing director to coincide with its brand relaunch.Larkin, who brings extensive experience in marketing and strategy to his new role, will oversee the company’s UK business and will work to bring it in-line with the new Media Audits brand.The new brand, which includes a… Continue reading Media Audits Appoints New UK Head

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

Dating Direct has struck revenue-sharing deals with Emap to provide the online versions of its New Woman and Red magazines with access to its dating database.The deal will see links to the internet dating agency, which has around 350,000 registered users, appear as integrated channels and features on the websites. Users will be able to… Continue reading Dating Direct Scores Revenue Sharing Deals With Emap

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

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

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