Carlton and Granada, which are rumoured to be considering plans to restructure their loss making pay-per-view platform, ITV Digital (see Former BSkyB Exec To Review ITV Digital), were among the best performers in yesterday’s media market. Carlton was up 14.88% to finish at £2.47, an increase of 32p on the day before, while Granada saw… Continue reading Sharewatch
Analysts at ABN AMRO are sticking by their forecast of a 20% drop in ad revenue at ITV in November despite popular opinion within the trade press that 15% is a more likely figure. ABN ‘remains cautious’ about ITV, but says that if the general trends within the market continue to look ‘cyclical’ there is… Continue reading ABN ‘Remains Cautious’ On ITV Ad Revenue Forecasts
ShopFront Media has extended its sponsorship deal with Red Square Vodka taking its portfolio of illuminated advertising sites to over 5,000 nation-wide.ShopFront’s original deal with Red Square, which includes over 1,000 branded backlit off-licence and convenience store signs across the UK, was due to run out this month but the initial success of the campaign… Continue reading ShopFront Media Expands Portfolio
ITN has secured its position as ITV’s news provider by signing a new six-year contract with the broadcaster, which will run from January 2003.ITN was reportedly forced to cut its bid for the contract from £45m to around £35m in the face of competition from the Channel Three consortium (see ITC Decision Creates Competition For… Continue reading ITN Signs New Contract With ITV
Nick Jankel-Elliot of the Happy Dog market research group and Claire Nuttall, research manager at GWR took the floor at the MRG conference in London yesterday to introduce a new research technique designed to enthuse advertisers about the space in which “brands live and breath” – the home.Jankel-Elliot, director of strategy and insight at Happy… Continue reading MRG One Day Conference: Home Or Household?
Jeff Eales, e-commerce director of Donovan Data Systems opened the one day MRG conference at the Royal Society of Arts in London yesterday, with an introduction into how the new BARB system will bring greater accountability to TV advertising.Eales explained that the new BARB contract, due to be introduced early next year (see BARB Presents… Continue reading MRG One Day Conference: TV Events In BARB 2002
Dr Jonathan Freeman of Goldsmith’s University addressed the future of TV viewing from an academic’s perspective at yesterday’s MRG conference in London.Freeman began by introducing the concept of “immersive TV” pointing out that interactive services are failing to inspire digital viewers because broadcasters are not taking advantage of the massive amount of information that it… Continue reading MRG One Day Conference: The Future Of TV Viewing
First quarter financial results released by News Corp yesterday show a weakening performance at News International (NI), the company’s UK newspaper publishing division. Operating profits at NI fell by 24% year on year for the quarter and whilst circulation increases post-11 September will boost revenues temporarily, this effect is likely to drop off over the… Continue reading News International Operating Profit Hit By Classifieds Downturn
Future Network was one of the best performers among the media shares yesterday, its price climbing 1¼p or over 5% to 25½p. The company is due to launch a preview issue of the official UK magazine for the Xbox games console, timed to coincide with the product’s US launch.At the other end of the scale,… Continue reading Sharewatch
NTL has reported an increase in losses of 33% in its Q3 results, in line with targets for the year. Revenues were up 15% on Q2, reaching £132 million, whilst pre-tax losses grew to £713 million. The increase in losses is largely as a result of rising interest costs, NTL are struggling with a £70… Continue reading NTL Reports 33% Increase In Losses As Results Fall In Line With Forecasts
