More Industry News articles

Capital Radio yesterday posted a 27% decline in underlying profits and said that there is no foreseeable recovery from the prevailing poor advertising conditions (see Capital Radio Profits Fall 27% Following Ad Downturn). The Times says that whilst there is no good spin to be put on the fall in profits, Capital is nevertheless well… Continue reading Capital Radio Results – Reaction

Press reports this morning suggest that BSkyB is in talks with Liberty Media to sell its 22% stake in German cable group Kirch. The stake in Kirch, for which the company paid £312 million last year, cost BSkyB £29 million in the three months to September and severely impacted on the groups recent results. BSkyB… Continue reading Murdoch In Talks To Sell Stake In Kirch To Liberty Media

Press reports this morning suggest that BSkyB is in talks with Liberty Media to sell its 22% stake in German cable group Kirch (see BSkyB To Hold Off Sale Of Kirch Stake, Say Reports). The stake in Kirch, for which the company paid £312 million last year, cost BSkyB £29 million in the three months… Continue reading Murdoch In Talks To Sell Stake In Kirch To Liberty Media

WPP has appointed four senior executives to the board of Tempus in its first move since taking control of the advertising group last week. Finance director of WPP, Christopher Sweetland, will sit on the Tempus board alongside The Media Edge chief executive, Charles Courtier, TME Europe chief, Hans-Willem Germeraad and TME finance director, Tom Handy.… Continue reading Appointments Brief

Commercial radio saw advertising revenue in the third quarter of 2001 fall by 6.4% year on year, although the medium is still outperforming TV and display media, according to the latest figures released by the Radio Advertising Bureau (RAB).Analysis from AC Nielsen MMS shows that the amount of revenue advertisers invested in the medium fell… Continue reading Commercial Radio Outperforms TV Despite Drop In Ad Revenue

Peter Bazalgette, creative director of Endemol, has joined Dawn Airey in ruling himself out of the running to become Channel 4’s chief executive.Bazalgette, the creative force behind the commercial success of Big Brother and a non-executive director of Channel 4, was one of the favourites to take over from Michael Jackson (see GEITF Special: Who’s… Continue reading Peter Bazalgette Pulls Out Of Channel 4 Race

MSN has launched its biggest ever retail marketing campaign to raise the profile of its online shopping channel in the run up to Christmas.The £1m campaign, which includes radio, press, online and outdoor activity aims to attract over a million page impressions to the MSN shopping portal over the Christmas period by providing online shoppers… Continue reading MSN Launches Biggest Ever Ad Campaign

Future Network was the best performer in yesterday’s media market, in which only four companies saw shares fall. Stock jumped 25.64% to finish at 49p an increase of 10p on the previous day.Scottish Radio saw shares rise 3.34% yesterday to close at £8.50, after an encouraging set of interim results confirmed that the company had… Continue reading Sharewatch

Capital Radio has this morning reported a gloomy set of financial results, which show a 27% decline in pre-tax profit for the twelve months ended 30 September to £30.1 million. The company is saying that conditions remain tough as a result of the continued downturn in advertising, adding that there is virtually no visibility for… Continue reading Capital Radio Profits Fall 27% Following Ad Downturn

The National Magazine Company (Natmag) is attempting to raise the profile of its women’s lifestyle titles with the appointment of Cara Sayer to the newly created position of events sponsorship and PR manager.Sayer, who takes up the position with immediate effect, will be responsible for raising brand awareness across Natmag’s portfolio of women’s lifestyle titles… Continue reading Natmag To Raise Profile Of Women’s Lifestyle Titles