More Industry News articles

German media giant, Kirch Group, is reportedly facing a financial crisis if the Dresdner Bank calls in a loan repayment, as expected, of around E500 million. The deadline for the loan is officially the end of this year, although credit is often extended. However, the reports suggest that Dresdner will not be allowing an extension… Continue reading Kirch Group Faces Financial Crisis, Say Reports

Classicfm.com has signed a six figure deal for content from gardening internet and mail order retail group Greenfingers. Simon Ward, new media and digital director at Classic FM, said that the move was designed to give users of the website “the kind of content they want”, after research showed a desire for more in-depth lifestyle… Continue reading Classic FM Grows Website With Gardening Deal

Vivendi Universal may be able to put together a global cable and television production business, using the entertainment arm of the USA Networks media company, press reports are suggesting today. Jean-Marie Messier, chairman of the French group Vivendi, is said to be in discussions with Barry Diller, his opposite number at USA Networks, about carving… Continue reading Vivendi May Take USA Networks’ Cable And TV Businesses

Over half of the British adult population, or around 25 million people, now use interactive technologies including digital TVs, PCs and WAP phones, an increase of 6% on April 2001, according to a report by MORI.The research shows that the number of people with access to digital TV has grown by around a million in… Continue reading Britain Embraces Interactive Technology

The More Group is to be renamed Clear Channel UK from 1 January 2002. The names of brands under the More umbrella, including Adshel, More O’Ferrall and Taxi Media will not be affected.Stevie Spring, chief executive of the group (right), said: “This is part of our strategy of building a worldwide brand representing outdoor advertising,… Continue reading More Group Renamed Clear Channel UK

Mark Thompson, former BBC director of television, emphasised his commitment to digital entertainment when he was confirmed as the new chief executive of Channel 4 today.Thompson, who takes up the position next March, said that his primary role will be to take advantage of new digital opportunities and dismissed claims that the channel had overstretched… Continue reading Thompson Takes The Helm At Channel 4

Lord Richard Ryder of Wensum has been appointed vice chairman of the BBC, the Prime Minister’s office has announced today.Culture Secretary Tessa Jowell commented on the appointment: “Lord Ryder’s background and experience make him highly suitable for the post and will help ensure that the new chairman, Gavyn Davies (see Davies Announced As New BBC… Continue reading Lord Ryder Announced As BBC Vice Chair

JCDecaux has secured the National Geographic Channel as the first advertiser to use its giant poster site on the Euston Road in London.The site, which is 50% larger than the conventional 96-sheet format, has been incorporated into JCDecaux’s ‘The Difference’ network of five giant poster sites situated at high-impact locations across London.National Geographic Channel has… Continue reading JCDecaux Secures National Geographic For Giant Site

Latest figures from CMR, released yesterday, show that advertising spend for all media in the US fell by 7.8% for the period to September 2001. Clearly feeling the impact of $313.2 million worth of lost ad revenue in the week following the terrorist attacks, television was a major casualty although print media also shows significant… Continue reading US Ad Spend Freefall Continues In Q3

Regional newspaper publisher Johnston Press has this morning released a pre-close trading update which boasted profits in the ‘top range of market estimates’ and a growth in ad revenue of 1.6%, compared to to the same period 2000.Growth of 3.6% in ad revenue for the period to June 2001, boosted by a 13% rise in… Continue reading Johnston Press Bucks Advertising Downturn