Tim Bleakley, managing director of The Wireless Group’s national sales house, Impact, has quit the company.Bleakley left last Friday on “good terms” and will be replaced by Impact’s sales director, Jason Trout. Trout will oversee Impact’s 35 strong team and will take on responsibility for sales across talkSPORT and the 22 local stations affiliated to… Continue reading Bleakley Quits Impact
WPP has announced that its offer for Tempus has been extended to midnight on 12 November 2001. WPP is currently awaiting the details of the Takeover Panel’s decision not to allow it to withdraw its offer (see Takeover Panel Rejects WPP Appeal) before deciding whether or not to continue with the appeal process.
Condé Nast has denied that it is planning to up the price of its successful new women’s monthly title Glamour, following renewed rumours that its price is to increase from the current £1.50 to £1.80.Glamour made a spectacular entry to the market early this year, and achieved an ABC figure which beat market leader Cosmopolitan… Continue reading Glamour Denies Price Rise Claims
Paragon Publishing is launching a new home entertainment, billed as being “DVD Review meets Heat“. It’s On DVD will launch on 8 November, priced at £1.90 and will feature celebrity gossip, film reviews and movie guides. GE Magazines has shut down its two consumer titles Garden Inspirations and Inspirations for your Home, having seen significant… Continue reading Launches Brief
A period of advertising spend decline should not be justification for investors to turn their backs on healthy, major media companies, according to Jack Myers, chief economist of Myers Reports. Reiterating a point that he has stressed a few times recently (see Forecasts), Myers today called for investors to recognise the ongoing value of major… Continue reading Media Industry Is Experiencing Loss Of ‘Dead Weight’ Not Inherent Value, Says Myers
BSkyB, which released its third quarter results on Friday showing a 24% increase in revenues and net subscriber growth of 190,000 (see Sky Reports Revenue Increases), saw stock rise 0.51% in week on week analysis. Shares closed at £7.94, an increase of 4p on the previous week.Telewest, which has rebranded as Telewest Broadband (see Telewest… Continue reading Sharewatch
The Government has reportedly shelved plans to pay for millions of people to switch to digital TV fuelling speculation that the current 2006-2010 deadline for the digital switchover will not be met.A report in today’s Financial Times claims that a scheme enabling millions of UK households to go digital was abandoned by the Government last… Continue reading Digital Deadline May Be Threatened
The Government has reportedly shelved plans to pay for millions of people to switch to digital TV, fuelling speculation that the current 2006-2010 deadline for the switchover will not be met. A report in today’s Financial Times claims that a scheme enabling millions of UK households to go digital was abandoned by the Government last… Continue reading Digital Deadline Thought ‘Optimistic’, Says FT
Telewest and its regional subsidiaries are rebranding as Telewest Broadband in a move intended to strengthen the company’s position in the UK broadband market.The rebranding includes Yorkshire Cable, Cable London and Cable Birmingham, which will be united under a new corporate logo designed to represent Telewest’s combined telephone, internet and broadband services.Managing director of Telewest’s… Continue reading Telewest Announces Rebrand
Reuters reports that following the 11 September attacks in the US, the major TV networks there – ABC, CBS and NBC – lost a combined $880 million in advertising revenue for the third quarter. This represents a 28.6% decline on Q3 2000. The figures, which come from the Broadcast Cable Financial Management Association, represent the… Continue reading US TV Networks Lose Record $880m In Q3 Ad Revenue
