The news and information company, Gannett has announced that overall revenue slipped from $1.63 billion in the second quarter of 2001 to $1.62 billion at the same period this year. Gannett, which owns USA Today as well as regional newspapers in the US and UK, also revealed a 5% year-on-year increase in net profits from… Continue reading Gannett Reveals Q2 Advertising Revenues
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The investment firm, Liberty Media has dropped its offer to buy 20% of Telewest’s bonds and withdrawn its three directors from the company’s board. A group of bondholders, unhappy with Liberty’s offer, had already filed an injunction to block the deal claiming that aspects of it were illegal (see Liberty Extends Telewest Tender). The ongoing… Continue reading Liberty Backtracks On Telewest Bid
Yesterday proved to be a more positive day for media companies after what was a disappointing start to the week (see Sharewatch). BSkyB was among the best media performers in yesterday’s market, with shares rising 4.32% to close at £5,68. Chrysalis also saw some positive movement with stock improving 2.24% to finish at £1.72, an… Continue reading Sharewatch
Tess Macleod-Smith is to take on the role of publishing director for Natmag’s Luxury Publishing Group. She will replace president Terry Mansfield, who has been covering maternity leave for Liz Kershaw. Kershaw has since returned to a newly created role of executive group publisher of Good Housekeeping and Country Living.MacLeod-Smith formerly commercial director for the… Continue reading New Publishing Director For Natmags Luxury Group
NTL has appointed former managing director of NTL Australia, Tom Bennie, to head up its broadcast business in the UK.As UK managing director of NTL Broadcast, Bennie will report to the division’s chairman Peter Douglas. He will be responsible for media and wireless solutions, operations and development projects and will also oversee the provision of… Continue reading NTL Selects New MD for UK Broadcasting Business
Oftel has ordered BT to cut the wholesale price of the unmetered internet access package that it sells to telecoms operators.Following a review of the volume of unmetered traffic over BT’s network since the launch its wholesale internet access service two years ago, the communications regulator has concluded that BT must reduce its prices by… Continue reading Oftel Orders BT To Cut Price Of Wholesale Internet Access
UK advertising will grow by 2.3% in the second quarter of this year, dropping to 2.1% in Q3 and rising to 4.6% in Q4, according to the latest, revised forecasts from the Advertising Association.The new forecasts are more positive than the previous set, published in March, which had predicted a 0.5% increase in Q2, followed… Continue reading AA Revises Forecasts Up In Light Of Improving Climate
Lycos UK has appointed mobile media company Enpocket to handle its mobile marketing and wireless media activity.The deal will see Enpocket run permission-based targeting of Lycos’ 1.2 million-strong mobile user base and will present marketers with the opportunity to launch pan-European wireless campaigns across the Lycos Europe network.Commercial head of Lycos UK, Juliette Sherwood, said:… Continue reading Lycos Awards Mobile Marketing Account To Enpocket
The RAB has launched an initiative to encourage radio listeners to vote for their favourite radio ads online.The Listener’s Radio Choice campaign is part of a move to generate evidence into which specific radio ads are regarded as the most entertaining. Accessible through the websites of various radio stations, listeners will be presented with an… Continue reading Listeners To Vote For Their Favourite Radio Ads Online
The Government’s recently published draft Communications Bill does not do enough to ensure the survival of a healthy commercial broadcasting sector, according to ITV’s director of channels, David Liddiment.Speaking at the Westminster Media Forum yesterday, Liddiment criticised the Government’s decision to leave the BBC partially outside the remit of new super-regulator Ofcom, saying that the… Continue reading Liddiment Criticises Draft Communications Bill
