The Secretary of State for Culture, Media and Sport, Tessa Jowell, has made a statement to the House of Commons this morning regarding ITV Digital. In it she expressed concern about the plight of businesses, football clubs and employees affected by the situation, but said that her “first concern now is for the subscribers.” She… Continue reading Jowell: Digital TV Is More Than ITV Digital
Over a third of UK football fans will turn to the radio to follow this summer’s World Cup, according to research from the RAB, thanks to the fact that most matches will be during the working day.Because of the time difference with host countries Japan and Korea, it is thought that this year, where following… Continue reading World Cup Radio May Attract 30% Of Fans
IPC Ignite! and MTV have announced details of a “far reaching” marketing partnership encompassing joint advertising initiatives and masthead programming for brands including NME, Loaded and Muzik.The partnership, which is part of an initiative by the two companies to raise awareness of their brands among 18-24 year-olds, will see IPC’s music title NME launch a… Continue reading IPC And MTV Form Marketing Partnership
Culture Secretary Tessa Jowell has spoken in the House of Commons this morning about the collapse and imminent sale of ITV Digital. She confirmed that the sale will go ahead saying that “the usual commercial processes must take their course”. ITV Digital subscribers will continue to receive free-to-air services although pay TV services “will last… Continue reading Jowell Laments Demise Of “Brave Commercial Enterprise”
Carlton and Granada, which have confirmed that they are offering the business and assets of ITV Digital for sale with immediate effect (see Administrators Confirm ITV Digital Sale), saw shares fall yesterday. Carlton was down 0.21% to close at £2.41, while Granada slipped 1.20% to finish at £1.23˝p, a loss of 1˝p on the day… Continue reading Sharewatch
In a trading update released this morning Pearson has revealed that advertising revenue across the Financial Times group has been ‘significantly lower’ for the first four months of this year, compared to 2001. In March, Pearson warned that the ad market would remain flat in 2002 (see Ad Market In 2002 Will Be ‘Flat’ Says… Continue reading FT Revenue Decline Hits Pearson Profits
Loss Narrows At IFG As New Mag Is LaunchedI Feel Good (IFG), the magazine publishing group run by former Loaded editor James Brown, has narrowed its pre-tax losses to £1.4 million for 2001, down from £1.8 million in 2000. Sales for the period were £4.2 million, compared to £0.7 million last time.The group has launched… Continue reading Loss Narrows At IFG As New Mag Is Launched
According to New York media analyst Jack Myers, the demand for TV advertising in the 2002/03 season will remain flat with advertisers spending around $10.9 billion on advance purchases, the same as was spent last year. US TV Revenue Forecasts ($ billions) 2001 2002 (F) % Change Total Broadcast 6.93 6.70 -3.3% Total Cable… Continue reading US TV Revenue Forecasts Fall Flat
Analysis of TV revenue estimates for March reveals mixed fortunes for the UK’s terrestrial TV channels. Year on year, a decline was experienced overall, with ITV1 and Channel 4 seeing revenue fall. Channel 5 and GMTV fared better than their larger competitors during March, the former seeing revenue increase by 8.1% year on year and… Continue reading TV Market Round-Up – March 2002
Virgin Radio has signed a six-figure advertising deal with Fujifilm, designed to raise awareness of the brand in the run up to this summer’s World Cup.The interactive cross-media advertising campaign, which includes on air and online activity, will run over a three week period from 11 May targeting both men and women who need to… Continue reading Virgin Signs Six Figure Ad Deal With Fujifilm
