More Industry News articles

Advertising revenues at Granada were up by 14% in May, the company told a Merrill Lynch conference this morning. The group also said that there is now limited forward visibility, something which has so far been unavailable according to most media groups. June will show revenue up 7%, with July rising 6%. The strong US… Continue reading Granada Sees Some Visibility, Revenue Up 14% In May

Telewest Communications faces a possible ‘funding gap’ if its operating performance fails to meet certain standards, admitted group chief executive Adam Singer at the company’s AGM today. The heavily indebted UK cable group has instigated a wide-ranging reorganisation, along with a substantial reduction in staff numbers in order to bring down costs (see Indebted Telewest… Continue reading Telewest Could Face ‘Funding Gap’, Says Singer

Global market research group, Taylor Nelson Sofres (TNS), has acquired the business and assets of Evaliant Media Resources, an international provider of online advertising data and analysis tools. Evaliant will be combined with the online ad-tracking division of TNS CMR, enhancing its position in this market, TNS said this morning. Evaliant’s turnover for the year… Continue reading Taylor Nelson Sofres Acquires Evaliant

As expected, it looks as though News Corp is all set to acquire Italian pay-TV group Telepiù, in a deal worth E1.5 billion, according to reports. The deal would see Rupert Murdoch’s media empire become the sole pay-TV operator in Italy, according to a report in the Financial Times. At the end of last month… Continue reading News Corp Set To Take Telepi

In the words of Merrill Lynch analyst Lauren Rich Fine, an advertising recovery is ‘brewing’, but it is only ‘percolating’ slowly. This seems to be the general opinion of analysts and media companies alike during May. A similar picture of a slow, but palpable upturn in the media economy appears to be taking place in… Continue reading Insight Analysis: Media Healthcheck – May 2002

US media spend is set to be flat in 2002, according to new, revised forecasts from Jack Myers Report. Myers Report has slightly reduced its figures 2001, 2002 and 2003 in the quarterly update published in June. Total spend is set to hit $151.2 billion in 2002 and $156.0 billion next year, down from the… Continue reading 2002 US Media Spend To Be Flat, Say Revised Myers Forecasts

According to a new report from Gartner, GPRS networks will struggle to match the expectations of mobile operators until the application gap has been bridged to allow universal use of the technology. Analysys had previously indicated that General Packet Radio Services (GPRS), allowing consumers and business constant access to the Internet, would have 6 million… Continue reading GPRS Set To Miss Targets, Says Gartner

Week on week analysis of the media market shows that the best performance came from Jazz FM, which reached a agreement with GMG on Thursday following a revised take-over offer from the group (see Jazz FM Agrees To £44.5m Takeover By GMG). Shares rose 7.54% week on week to close at £1.92˝, an increase of… Continue reading Sharewatch

IPC has announced another appointment to its second largest interiors magazine Homes & Gardens. Giles Kime will join as associate editor, having been tempted away from Condé Nast’s House & Garden to join Isobel McKenzie-Price. McKenzie-Price was appointed earlier this year from IPC’s top homes title Ideal Home where she had previously won Editor of… Continue reading IPC Announces New Addition To ‘Interiors Dream Team’

NTL is expanding its digital TV offering with the launch of 25 new TV channels and 17 new radio channels.The new services, which are intended to allow the cable company to compete with BSkyB in the multi-channel world, will be unveiled later this year and include a range of digital TV offerings from Discovery and… Continue reading NTL Expands Digital TV Offering