Carlton and Granada have issued a statement saying that “a fundamental restructuring of ITV Digital’s cost base must be concluded as a matter of urgency in order to secure the long term future of the business” and that Deloitte & Touche have been appointed to help in this task.ITV Digital remains some way behind its… Continue reading ITV Digital To Restructure; Merger Talks Revived?
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Translucis has signed a deal with Ibiza Media which will see advertisers offered the opportunity to target around 1.5 million young adults on holiday with bar and club based advertising screens in the popular clubbing holiday destination’s peak season from May to September.Sue Aitken, marketing and development director at Translucis said: “Through our consumer research… Continue reading Translucis To Offer Ibiza Opportunities
Confidence appeared to return to media shares yesterday, as several key players including Granada and Capital Radio were upgraded by analysts. Granada’s price rose more than 6% as a consequence, while Capital was boosted by over 3%.Other beneficiaries of the upturn included BSkyB, which ended up 36˝p at £6.85, Carlton Communications, up 6.36% to £2.00ž… Continue reading Sharewatch
CMR forecasts that network and spot television spending for the 2002 Winter Olympics will total approximately $700 million, a rise from the $627 million grossed during the last Winter Olympics. During the 1998 Winter Olympics, network television grossed $480 million and spot television $147 million. In 2000, network advertising expenditures for the 2000 Summer Olympics… Continue reading Winter Olympics Will Boost US TV Revenue, Says CMR
Channel 4’s replacement for the Big Breakfast is expected to model itself on the tabloid press, packaging news with entertainment stories in an attempt to boost the channel’s dwindling early morning audience.Princess Productions won the contract to produce the new programme in December last year. At the time Sharon Powers, Channel 4’s editor for the… Continue reading Big Breakfast To Have “Tabloid” Replacement
Usage of interactive TV services has more than doubled over the past year according to a the Q1 2002 Digital TV Report from Continental Research. The frequency of digital TV subscribers who have ever used interactive services has grown from 4.3% in April 2001 to 9.6% in Jan 2002. The percentage of people using once… Continue reading “Content Is King” Says Interactive TV Report From Continental Research
The value of the brand looks set to continue growing in importance in the media industry. As the learning process in brand marketing continues Stuart Corke, Head of Strategic Planning at News International, feels many lessons are just as valuable for media planners.According to Interbrand the future of brands is dependent on their ability to… Continue reading Feature: Branding The Future
Deutsche Telekom has announced that it has been informed by the Federal Cartel Office in Bonn that it will not grant approval for the sale of Deutsche TelekomÂ’s cable TV businesses to Liberty Media (see Liberty Media’s Deutsche Telekom Cable Deal Hits Regulatory Snags). Deutsche Telekom stated that it “has always considered that the sale… Continue reading German Regulators Block Liberty Cable Deal
The new chairman of the BBC, Gavyn Davies (see Davies Announced As New BBC Chairman), has dimissed the calls being made by commercial rivals for a level playing field as “bogus”, adding that he has yet to meet anyone who would give up the BBC for the sake of the licence fee.In an interview with… Continue reading New BBC Chair Dismisses Unfairness Claims
Regional Independent Media today reported a rise in profits of 8%, rising to £44.1 million in 2001 from £40.9 million in 2000. Turnover increased by 3.5% to £175.3million. 84% of turnover was derived from the group’s newspaper interests, including the Yorkshire Post and Sheffield Star both of which saw an increase in circulation in 2002.… Continue reading RIM Exceeds Expectations But 2002 “Remains Uncertain”
