Today was a bad day on the stock market for media technology stocks, as Telewest shed 5.6% of its value to end at 46¼p and Smartlogik dropped 9% to 2½p.As BSkyB prepared to release its financial results today, shares in the digital satellite broadcaster slipped almost 3% to end at £7.47. The best performer was… Continue reading Sharewatch
The US hi-tech publishing advertising market continued to deteriorate throughout September, according to the latest in a series of updates (see Hi-Tech Ad Volumes Show Further Deterioration In US, According UBM) from United Business Media (UBM) this morning. UBM’s interest in this area comes through its hi-tech publishing group CMP Media. During the month CMP… Continue reading Hi-Tech Advertising Deterioration Continues, Hammering CMP Media’s Profits
On a reasonably buoyant day for media stocks, Taylor Nelson Sofres saw the largest percentage fall, of 2.85% to £1.87½ after Merrill Lynch downgraded its profit estimate for the group.Telewest, which has announced details of a rebrand, saw one of the best performances yesterday, adding 5p or over 11% to end at 49p.The closing prices… Continue reading Sharewatch
After hearing WPP’s appeal yesterday, the Takeover Panel have again refused to allow the company to withdraw their 555p-a-share offer for Tempus. The full Panel met to hear Sir Martin Sorrell’s appeal, thought to centre around Tempus’s reluctance to provide WPP with key financial reports, after the Panel Executive dismissed WPP’s original request last week… Continue reading Takeover Panel Rejects WPP Appeal
In his last move as chief executive of Channel 4, Michael Jackson has announced the repeat of the controversial edition of spoof documentary Brass Eye on paedophiles and the media.In his final speech before he leaves for his new job in the US (see Jackson Quits Channel 4), Jackson defended the brain child of Chris… Continue reading Jackson Leaves With Brass Eye Repeat
Amazon.co.uk jumped from fourth position in August to become the top online advertiser for Men during September. The online retailer gained exposure among 4,245,000 male at home internet users throughout the month and achieved 48.5% digital reach. Dialaphone.co.uk slipped two places to occupy ninth position for September. The mobile e-tailer was visited by 2,196,000 men… Continue reading New Media Round-Up
The ITC has received almost 200 complaints about a TV campaign for internet service provider, Freeserve, which features a group of nudists.The multimillion pound campaign, which was launched earlier this month to raise the profile of Freeserve’s on-line and off-line brand (see Freeserve Launches Ad CampaignFreeserve Launches Ad CampaignFreeserve Launches Ad CampaignFreeserve Launches Ad CampaignFreeserve… Continue reading ITC Receives Freeserve Ad Complaints
The US hi-tech publishing advertising market continued to deteriorate throughout September, according to the latest in a series of updates (see Hi-Tech Ad Volumes Show Further Deterioration In US, According UBM) from United Business Media (UBM) this morning. UBM’s interest in this area comes through its hi-tech publishing group CMP Media. During the month CMP… Continue reading Hi-Tech Advertising Deterioration Continues, Hammering CMP Media’s Profits
The long-running saga of Regional Independent Media Holdings (RIM) finding a buyer could run for another year after Melanie Johnson, the minister for Competition and Consumer Affairs gave one of the interested bidders, Trinity Mirror, another year to acquire the regional newspaper publisher’s titles.Johnson said that the one year extension would not raise competition concerns.… Continue reading Trinity’s RIM Bid Given More Time
According to a new report, FRIACO: How capacity-based interconnection strengthens the Internet market, published this week by Analysys, flat-rate internet access call origination (FRIACO) will generate demand for broadband in western Europe. “FRIACO is not merely a stopgap between pay-as-you-go (metered Internet access) and broadband, but more an important and effective migration path to mass-market… Continue reading FRIACO Will Drive Broadband In Western Europe, Says Analysys
