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
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
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
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… Continue reading Johnston Press Bucks Advertising Trend With Positive Growth For 2001
Trinity Mirror saw shares fall 3.31% yesterday to close at £4.08˝ after announcing that advertising revenues dropped 21% last month in the wake of 11 September and were expected to decline further in 2002 (see Trinity Misses Out On Christmas Bonus). This had a knock on effect for Daily Mail, which saw stock drop 7.5%… Continue reading Sharewatch
2001 is nearly over…how was it for you? Jon Wilkins of Naked Communications, takes a literary view of the year just gone, and offers his ideas for the way forward in what could prove a challenging year.2001 – Ghost of Media past 2001 has been a weird old year. This was supposed to be the… Continue reading A Media Christmas Carol
Chrysalis is expanding its digital radio offering with the launch of Heart Digital in Scotland and The Arrow in London.Heart Digital will launch in January on the central Scotland regional multiplex and will broadcast to around 2.75 million listeners in Edinburgh and Glasgow. The Arrow will also launch in the New Year and will broadcast… Continue reading Chrysalis Expands Digital Radio Offering
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
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
