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The crisis at Vivendi Universal deepened yesterday when the French-American media giant announced first half losses of E12.3 billion. The firm has now embarked on a major asset disposal programme after admitting that it needs to raise at least E10 billion in the next two years. Vivendi is reeling from the legacy of acquisitions made… Continue reading Record Losses Force Vivendi To Hawk Assets

The Financial Times has secured Renault Trucks as the sole advertiser for its new tabloid supplement, The Premiership.The 16-page colour supplement, which launches today, will be published with Thursday’s FT and will include analysis and interviews with the Premiership’s top players and managers, as well as reports from other European football leagues.Euan Harron, marketing director… Continue reading FT Signs Renault Trucks For New Football Supplement

Future Publishing is extending its portfolio of gaming titles with the launch of 101 PC Games for the pre-Christmas period.The bi-monthly title, which is aimed at hardcore and occasional gamers, will feature a DVD-ROM of 101 playable computer game demos in every issue. The magazine is designed to compliment rather than compete with existing PC… Continue reading Future Extends Gaming Portfolio With 101 PC Games

ITV’s advertising revenues are looking set to be up by 6.0% in August, better than Merrill Lynch analysts’ expectations, which had put the growth at 3.0%.Early figures for September show ITV up 0.5% in a strong TV market which will be up by 7.0% to 9.0%. ITV says that it had very few cancellations following… Continue reading Second Half Forecasts Put ITV Revenue Down 1.4% In 2002

It was a lacklustre day for media companies yesterday, with the majority seeing share prices fall. Capital saw the most significant downward movement with stock slipping 7.43% to close at £4.67˝p, a loss of 37˝p on the day before.Pearson also fared poorly yesterday with shares dropping 5.45% to finish at £5.29, down 3˝p on the… Continue reading Sharewatch

Director of the Broadcasting Standards Commission (BSC), Paul Bolt, has reportedly criticised the BBC for showing too many programmes that are “humdrum, over-familiar and formulaic”.In today’s Financial Times, Bolt criticises a number of BBC programmes including police drama, Mersey Beat and hospital series, Holby City, saying: “One begins to wonder what really is the point… Continue reading BSC Director Criticises BBC Programming

Outdoor Advertising revenue for the second quarter of 2002 declined by 1.9% year on year to £173.6m, according to the Outdoor Advertising Association.The results show a steady improvement from the 10.9% year on year drop in first quarter of 2002. Although, overall the figures revealed a 6.2% decline in the first six months of 2002,… Continue reading Outdoor Advertising Association Sees Signs Of Recovery

Wireless Group chairman, Kelvin MacKenzie, has renewed his criticism of RAJAR’s diary system of audience measurement, this time over an “unexplained” decline in radio listening in London during the World Cup.MacKenzie claims that Wireless Group-owned talkSPORT suffered a 37.6% period on period drop in male London listeners during the second quarter of 2002, but says… Continue reading MacKenzie Renews Criticism Of RAJAR’s Diary System

Male internet users in Britain are twice as likely to pay for online content than females, according to a new study by the service provider, BT Openworld. In the survey, over 50% of male respondents admitted to buying online content, compared to just 26% of women. Men in the 20 to 30 age group are… Continue reading UK Men More Willing To Pay For Online Content

The joint publishing venture between EMAP and French group Hachette Filipacchi is likely to be discontinued following Hachette’s acquisition of Attic Futura (see Hachette Buys Attic Futura For ), according to reports. The addition of Attic Futura’s magazines to the Hachette portfolio brings it into competition with the titles published in the UK by the… Continue reading EMAP/Hachette Venture Expected To Be Ditched