Media stocks jumped yesterday after the Government outlined measures to deregulate media ownership laws. Jazz FM was the best performer in yesterday’s media market with stock climbing 10.53% to finish at £1.36˝, an increase of 13p on the previous day.BSkyB saw shares rise 4.68% to close at £8.50 in what was one of the most… Continue reading Sharewatch
In yesterday’s consultation document on media ownership, Culture Secretary Tessa Jowell inferred that the 20% rule which currently governs cross media ownership may remain and may yet be extended to cover all media markets.Driven by the belief that “the existing media ownership rules are outdated, inconsistent and not flexible enough to respond to the rapid… Continue reading Jowell Says Cross Media Rules May Remain
The National Magazine Company (Natmags) has found a buyer for Focus, the monthly science magazine that it was planning to close.Bristol based company, Origin, which publishes ten home-interest consumer titles and 14 customer magazines for clients such as HMV and Waterstones, has agreed to buy the magazine. Commenting on the deal, Natmags’ deputy managing director,… Continue reading Natmags Finds Buyer For Focus
The first outing of the Richard and Judy Show on Channel 4 yesterday attracted an audience of 2.2 million and achieved a 14.8% share of viewing.The show, which was shown between 5pm and 6pm yesterday, peaked at 5.15pm with an audience of 2.6 million and a 17.5% share. Channel 4’s head of daytime, Jo McGrath,… Continue reading 2.2 Million Tune In To Richard and Judy On 4
A US study into the use of the internet has found that journalists and PR professionals are relying increasingly on the net in order to communicate with one another. The study, conducted by the Institute for Public Relations and the Worldcom Public Relations Group, found that journalists feel the quality of their work has improved… Continue reading Internet Has Increasing Role In Media
1.2 billion text messages were sent in the UK during October this year, an increase of almost 50% on the same period last year, according to the latest figures from the Mobile Data Association (MDA), and growth is expected to continue.Speaking at the New Media Age Congress, Mike Short, chairman of the MDA, confirmed that… Continue reading Text Messaging Booming, Says MDA
Chrysalis Group and 365 Corporation are to merge their internet content business into a newly-created company in order to cut costs and move closer to profitability, the two groups have announced this morning. Chrysalis operates the Rivals.net sports content website and 365 Corp produces a number of sports-related sites such as Football365 and Cricket365. The… Continue reading Chrysalis And 365 Merge Sports Website Businesses
Channel 5 has announced the appointment of its new director of marketing and communications. David Pullan will join from MTV Networks, UK & Ireland, where he was vice president of marketing and digital channels, in the New Year.Pullan steps into the shoes of Hytner, who left to become marketing and commercial director at ITV earlier… Continue reading Channel 5 Appoints New Marketing Director
In today’s consultation document on media ownership, culture secretary Tessa Jowell inferred that the 20% rule which currently governs cross media ownership may remain and may yet be extended to cover all media markets. Driven by the belief that “the existing media ownership rules are outdated, inconsistent and not flexible enough to respond to the… Continue reading Cross Media Ownership Rules To Stay, Says Jowell
Chrysalis Group and 365 Corporation are to merge their internet content business into a newly-created company in order to cut costs and move closer to profitability, the two groups have announced this morning.Chrysalis operates the Rivals.net sports content website and 365 Corp produces a number of sports-related sites such as Football365 and Cricket365. The groups… Continue reading Chrysalis And 365 Merge Sports Website Businesses
