More Industry News articles

Indebted UK cable company, NTL, this week rejected a $2 billion bid from US company Liberty Media, preferring instead to restructure and refinance with its own bondholders (see NTL Is Close To Refinancing, Says Report). Liberty Media already holds a 25% stake in Telewest Communications, the UK’s second largest cable operator and is known to… Continue reading NTL Merger With Telewest Could Still Make Sense

Press reports this morning suggest that Pearson has entered into exclusive talks with a management team concerning the buy out of FT Business, the company’s magazines division. The team, led by ex-FT Group chief exec Stephen Hill, is thought to have made the highest bid following Pearson’s decision to sell (see Pearson Puts FT Business… Continue reading Pearson In Exclusive Talks Over FT Business

GWR benefited from a review by a broker regarding consolidation, which pushed shares up 26p or over 10% to £2.81. Fellow radio owner Chrysalis also did well yesterday, ending up 22˝p at £2.87˝.With the future of digital TV in the UK still unclear (see BBC And BSkyB May Rescue Digital TV), shares in BSkyB slipped… Continue reading Sharewatch

Headline-grabbing shows Footballers’ Wives and Big Brother are set for further appearances on UK screens, following announcements by ITV and Channel 4.The first series of ITV1 drama Footballers’ Wives aired earlier this year, gaining interest from both the public and the press. The series has since been sold around the world to territories including Ireland,… Continue reading Big Brother and Footballers’ Wives To Return

The Observer‘s supplements are the latest titles to join the spate of redesigns occurring across the print industry, by re-jigging its Life and Observer TV magazines.From 21 April, Life will appear in a new size glossy format and be called the Observer Magazine, while Observer TV will be changed to an A5 format and have… Continue reading Observer Revamps Life and TV Listings

The Digital Radio Development Bureau (DRDB) has unveiled a new brand identity and logo for use by all its members, in an attempt to create consistency across the industry.The new logo (pictured) can be used under licence from national digital radio broadcaster Digital One on all literature and point-of-sale material and advertising. It has been… Continue reading DRDB Unveils New DAB Identity

BBC Worldwide is preparing to launch its Live & Kicking replacement, It’s Hot!. The launch on 16 April has been preceded with a sampling campaign which saw over 2 million preview issues distributed with the Sunday Mirror and with other BBC Worldwide titles including Top of the Pops.The magazine, aimed at 9-13 year olds, will… Continue reading BBC Worldwide Prepares For Teen Title Launch

US newspapers are showing stronger advertising revenue performances than had been expected, sending signals of a possible ad recovery to the industry, according to a report in the Editor and Publisher. The article says that Merrill Lynch had expected a 7% year on year decline in revenue during February, but that figures were coming in… Continue reading US Newspaper Groups Show Stronger Than Expected Ad Revenues

Virgin Radio has had its Greater London FM licence renewed by the Radio Authority for a further 8 years, until 9 April 2010, due to the fact that it is the provider of a digital sound programme on the second Greater London multiplex.Weekly reach for Virgin’s 105.8 FM service has remained fairly steady for the… Continue reading Virgin London Licence Renewed By Radio Authority

In a report released yesterday, Aberdeen Group forecasts that worldwide information technology (IT) spending will reach $1.43 trillion by 2005. The report Worldwide IT Spending 2002-2005: Timing the Recovery forecasts that IT spending growth will be significantly lower than the double-digit rates observed in the late 1990s. “Total IT expenditures in 2001 were flat worldwide,… Continue reading IT Spending Will Reach $1.43 Trillion By 2005, Says Aberdeen Group