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Massive first quarter losses at AOL Time Warner, $54.24 billion or $12.25 a share, were partially offset by gains at Warner Bros thanks to films such as Harry Potter and The Lord Of The Rings, enabling the company to beat analyst projections. The weak online advertising market contributed to a fall of 13% in total… Continue reading Box Office Success Offsets AOL Time Warner Losses

Following the announcement this afternoon confirming that ITV Digital’s administrator intends to undertake a short term sale process for its business assets, the ITC has issued the following statement:“The ITC regrets that the Administrator is unable to secure funding for an orderly takeover of the ITV Digital business. We have informed him that at the… Continue reading ITC Issues Statement Regarding ITV Digital Sale

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

The amount of violence being shown on prime-time terrestrial TV has increased over the last four years, according to a report published today by the BBC, the BSC and the ITC.The report, which monitored TV output over two seven-day periods in 2001 and 1999 and compared it to similar periods in 1997 and 1998, shows… Continue reading Watchdog Report Shows Rising TV Violence

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

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

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

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

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

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