Trinity has announced that it is to relaunch the Mirror brand later this year in order to encourage loyalty and attract younger readers who are entering the market.The announcement came as the newspaper group announced full year results for the year (see Trinity Releases Results Ahead Of Expectations). The group stated that analysis of research… Continue reading Mirror To Undergo Brand Relaunch
Trinity Mirror has released full year results which came in ahead of expectations, with pre tax profit before exceptional items up 0.9% to £155.5mSir Victor Blank, Chairman of Trinity Mirror plc, commented: “In the course of the past year we have strengthened Trinity Mirror, during one of the toughest trading periods in recent history. We… Continue reading Trinity Releases Results Ahead Of Expectations
Carlton Communications chairman Michael Green, today told the company’s AGM that the advertising market remains weak and that he is unable to predict with any uncertainty the timing of a resumption in growth. Nevertheless, Green reassured that Carlton is well-positioned to benefit from a recovery in demand for advertising, when it does transpire. ITV revenues… Continue reading ITV Revenues Predicted To Be 12% Down In Five Months To February
The slump in advertising revenue currently being suffered by the global media industry is set to continue in many countries, but this does not overly worry newspaper investors, according to Morgan Stanley analyst Matthew Owen. He feels that the current, cyclical downturn looks worse because of the contrast with the preceding boom time, but says… Continue reading Newspaper Investors “Not Worried” By Ad Slump
Carlton Communications chairman Michael Green, today told the company’s AGM that the advertising market remains weak and that he is unable to predict with any uncertainty the timing of a resumption in growth. Nevertheless, Green reassured that Carlton is well-positioned to benefit from a recovery in demand for advertising, when it does transpire. ITV revenues… Continue reading ITV Revenues Predicted To Be 12% Down In Five Months To February
The Boards of Carlton Communications and Granada last night said 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.” The financial viability of the troubled digital terrestrial business has been the subject of speculation for some… Continue reading ITV Digital Requires ‘Urgent Fundamental Restructuring’ Say Owners
The Boards of Carlton Communications and Granada last night said 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.” The financial viability of the troubled digital terrestrial business has been the subject of speculation for some… Continue reading ITV Digital Requires ‘Urgent Fundamental Restructuring’ Say Owners
Combined revenue generated by the ‘big three’ US television – ABC, CBS and NBC – networks dropped more than 10% in 2001 – the largest annual loss in network history, according to a Hollywood Reporter story published today. Quoting the Broadcasting Cable Financial Management Association, the site says that this decline is a further indication… Continue reading ‘Big Three’ US TV Networks Suffer Record Revenue Falls
Cable operator NTL and satellite TV group BSkyB yesterday criticised the Office of Fair Trading for its lengthy process in electing not to make a decision about a programming deal between the two groups, opting instead to simply close the file. The proposal from Sky and NTL was to allow the wholesale of premium content… Continue reading Pay-TV Groups Disappointed With Sluggish OFT
Deadline For Johnston/Trinity Decision ExtendedThe Competition Commission has announced that its decision on the proposed acquisition by Johnston Press of eight Trinity Mirror newspaper titles has been extended until 19 April 2002.The CC had been due to report on 22 February 2002 but has asked to be granted an extension in this case because important… Continue reading Deadline For Johnston/Trinity Decision Extended
