The Radio Authority is inviting comments as part of the public interest test it is conducting into the Kent Messenger Group’s (KMG) acquisition of Medway FM Ltd, which owns Mercury 107.9 FM, a station broadcasting in the same area as some of the Kent Messenger Group newspapers.The test is being conducted due to the broadcasting… Continue reading Radio Authority Puts KMG Acquisition To Test
IPC is to invest £5m in a multi-media marketing campaign for celebrity magazine Now. The move is the latest in a series of indications from the magazine industry that some confidence is returning.The Now campaign, designed, according to Sam Philips, IPC marketing director, to “up the ante on the marketing front”, will begin with a… Continue reading IPC Puts Up £5m For Now Marketing
The refinancing and debt reduction plans of telecommunications company NTL are thought to be progressing well, with details of a structure set to be announced within weeks, according to a report on today’s Financial Times website. NTL has appointed Credit Suisse First Boston, JPMorgan and Morgan Stanley to advise on a recapitalisation structure and reduction… Continue reading NTL May Take Temporary Bankruptcy As Refinancing Is Finalised
United Pan-Europe Communications (UPC) has today announced that the release of full-year results for 2001 will be delayed by a further two weeks in order to finalise “the appropriate accounting treatment of certain interest rate cross currency hedging agreements in the wake of UPCÂ’s default on its public debt on March 3rd 2002” The Dutch… Continue reading UPC Results Delayed
Week on week analysis of the media market reveals an unsettled week for Carlton and Granada. Doubts over the future of ITV Digital, which culminated in the troubled pay-TV platform going into administration on Wednesday (see Administration For ITV Digital Confirmed), led to Carlton dropping 1.27% week on week to finish at £2.71˝. Granada also… Continue reading Sharewatch
Initiative Media claims to have made a “major breakthrough” in multimedia media planning with the launch of a new software tool called The Matrix.The company believes that the product will bring the level of audience planning that is currently only possible for a single medium to mixed-media planning. Currently media research can show advertisers who… Continue reading Initiative Unveils The Matrix
The refinancing and debt reduction plans of telecommunications company NTL are thought to be progressing well, with details of a structure set to be announced within weeks, according to a report on today’s Financial Times website.NTL has appointed Credit Suisse First Boston, JPMorgan and Morgan Stanley to advise on a recapitalisation structure and reduction of… Continue reading NTL May Take Temporary Bankruptcy As Refinancing Is Finalised
Telewest is aiming to cash in on the uncertainty facing ITV Digital (see Administration For ITV Digital Confirmed) by offering the administration-bound platform’s customers the chance to sign up for its broadband services.The company has set up a free hotline for ITV Digital customers, suggesting that they should sign up to its TV, phone and… Continue reading Telewest Homes In On ITV Digital Customers
As we head into Q2 2002, the extent of the economic and advertising downturn is really making itself known. UK media companies are struggling with the twin curses of heavy debt and falling ad revenues. ITV Digital is to be sent to the administrators (see End For ITV Digital Confirmed), whilst NTL is struggling to… Continue reading Insight Analysis: Media Healthcheck – March 2002
ISBA has warned that the closure of ITV Digital could have long-term damaging effects on advertisers unless the Government takes action to prevent BSkyB gaining a monopoly in digital broadcasting.ITV Digital went into administration last week after talks to resolve an ongoing dispute with the Football League over TV rights collapsed (see Administration For ITV… Continue reading ISBA Warns Of Digital Monopoly
