The worst performer amongst media shares was SMG, dropping 10p from its share price to end at £1.37˝. Other radio outfits including Chrysalis, Wireless Group and Emap also saw falls, but these were less severe.On what turned out to be a tough day for the media sector, only RTL registered an increase in share value… Continue reading Sharewatch
Culture Secretary Tessa Jowell today all but dismissed the idea that the licence fee system of funding the BBC will be scrapped in the near future.Speaking at the Social Market Foundation Seminar on Public Service Broadcasting, she confirmed that a review of the Corporation’s charter would begin in 2004 and that a decision must be… Continue reading Jowell Says Licence Fee Will Stay
Broad-based advertising improvements are beginning to filter through at ITV, with June’s revenue now expected to be up by 10%, well above previous forecasts. Analysts had previously expected the ad boost surrounding the World Cup competition to be mainly a blip, with the dip returning in Q3 2002 and recovery not really beginning to filter… Continue reading ITV Shows Beginning Of Sustained Ad Recovery With World Cup
Nearly three quarters of online media buyers expect their marketing spend to increase over the next two years, with two thirds predicting an increase of up to 30%, according to research from UK web portal MSN.The research, which predicts that online marketing spend will “soar” in the next six months, also shows that 63% of… Continue reading Online Media Buyers Set To Increase Marketing Spend
The printed press needs to reduce its dependency on advertising if it is to maintain its influence in the media marketplace, according to Publishing In The Knowledge Economy, Pira International’s new analysis of the publishing industry. The report, presented to the Department Of Trade and Industry (DTI) and UK Publishing Media (UKPM), acknowledges that advertising… Continue reading Publishers Directed To Meet Challenge Of New Media
England’s progress in the World Cup finals has given ITV’s advertising revenues for June and July an unexpected boost.According to internal ITV forecasts, June’s ad income is expected to be up 10% year on year, ahead of the previously anticipated 6% rise. The network is also predicting that July’s revenue will be around 6% higher… Continue reading England’s World Cup Progress Boosts ITV Ad Revenue
The European online ad market is set for a significant recovery in the near future, according to Microsoft’s web portal, MSN. Executives of the internet company are confidently predicting a 25% growth in advertising in the next year across Europe, the Middle East and Africa (EMEA). “We’ve reached the bottom,” said Judy Gibbons, vice-president of… Continue reading MSN Gears Up For Online Revival
Paul Kurzeja, formerly group art director of Future Network, has been poached by IPC to be the creative director of Wallpaper*.Kurzeja is said to enjoy a reputation in the magazine industry as the “designer’s designer” and has previously won four PPA and Total Publishing awards for art direction and design. He has also chaired seminars… Continue reading New Creative Director For Wallpaper
The UK Government is hoping to achieve a 95% penetration of overall digital television (DTV) by 2010, at which point it plans to cease broadcasting the analogue signal. Indeed, the intention is to cease the analogue signal sometime between 2006 and 2010 at the latest. However, according to recent growth and forecasts, even a 2010… Continue reading Insight Analysis: Digital Struggles
Dawn Airey is to take over from John Willis as chair of the executive committee of the GEITF from September this year. The Channel 5 chief executive is taking on Willis’ role as he is leaving to work at WGBH in Boston, USA.Airey, who last year delivered the Richard Dunn Memorial Lecture at the Festival… Continue reading Airey To Chair GEITF Executive Committee
