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Highbury House Communications released a trading statement this morning ahead of its AGM which revealed that the company is on target to achieve market forecasts for 2002. The company said that trading had improved “progressively after a slow start to the current year, reflecting a significant improvement on the trading conditions that we experienced in… Continue reading Highbury House On Target To Meet 2002 Forecast

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

I 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. Jack launched today The group has launched a new men’s title… Continue reading Loss Narrows At IFG As New Mag Is Launched

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

In a statement released this afternoon, the administrators of ITV Digital have confirmed that they are offering the business and assets of the company for sale with immediate effect. They confirmed that they have not been able to secure additional funding “on terms that would enable them to commit to a long-term sale process”. In… Continue reading Administrators Confirm ITV Digital Sale

Kelvin MacKenzie is once again to attack RAJAR’s diary system of audience measurement with the launch of what is claimed to be the first parallel study in the UK, comparing a diary method of recording radio listening with an electronic wrist watch device.Wireless Group chief executive MacKenzie, in his signature inflammatory style, has stated: “This… Continue reading MacKenzie Launches More Electronic Measurement Tests

Viacom has reported Q1 revenues of $5.67 billion as compared with $5.75 billion for the same period 2001. The company’s first quarter 2002 performance was led by higher results in its Cable Networks, Video and Entertainment segments. Viacom chairman and CEO, Sumner Redstone said; “ViacomÂ’s first quarter results highlight the breadth and diversity of our… Continue reading Viacom Predicts Q2 Revenue Growth

The best performance in yesterday’s media market came for Cordiant, which despite announcing earlier in the week that pre-tax profits more than halved in 2001 (see City News From MediaTel Insight- Reuters, WPP and Cordiant), saw shares rise 18.59% to close at 92˝p, an increase of 14˝p on the day before.Telewest, which has announced plans… Continue reading Sharewatch

Vivendi chief executive Jean-Marie Messier survived his company’s AGM meeting yesterday afternoon, despite calls from minority shareholders and staff at Canal+ for his resignation (see Troubled Times For Vivendi’s Messier). As expected the Vivendi board backed Messier and it is thought that he was able to convince shareholders that he has full control of company.… Continue reading Messier Holds Position At Vivendi As Figures Beat Expectations

Sweden leads the way in online shopping across Europe, with 27% of internet users using the web to buy products and services. This compares to 22% of UK users, accordint to figures released this month by Cap Gemini Ernst & Young.