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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”

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

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

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

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

Oftel has proposed a cut in BT’s wholesale unmetered internet access prices. The 7% cut is based on detailed information on BTÂ’s costs for providing wholesale unmetered Internet access to other operators under the FRIACO arrangements. David Edmonds, Director General of Telecommunications, said: “Up until now, BTÂ’s FRIACO charges to other operators to provide wholesale… Continue reading Oftel Moves To Cut BT Internet Costs

Sorrell Eyes Leagas DelaneyAccording to press reports this morning the ever-acquisitive WPP has approached advertising agency Leagas Delaney about a possible take over. WPP CEO Sir Martin Sorrell is thought to have approached the Leagas board with the intention of bringing in into the WPP fold as the headquarters of the Red Cell Network.The deal… Continue reading Sorrell Eyes Leagas Delaney

The latest wave of ROAR youth research has revealed what attributes and values the various media project for a brand in the eyes of 15-24 year old consumers. The findings revealed that those media which may make a brand look aspirational will not necessarily make it look cutting edge or trustworthy and also uncovered the… Continue reading ROAR: Latest Youth Media Research Findings

Pearson has this morning confirmed that, having received several expressions of interest in FT Business, it has appointed investment Lazard to advise on the sale. The FT Business portfolio includes Investors Chronicle, The Banker, Money Management and Financial Adviser in the UK but does not include the FT or Pearson’s 50% stake in The Economist.… Continue reading Pearson Puts FT Business Up For Sale

According to press reports this morning the ever-acquisitive WPP has approached advertising agency Leagas Delaney about a possible take over. WPP CEO Sir Martin Sorrell is thought to have approached the Leagas board with the intention of bringing in into the WPP fold as the headquarters of the Red Cell Network. The deal would provide… Continue reading Sorrell Eyes Leagas Delaney