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
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.
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
Yesterday, Gartner forecast that by the end of 2001, 32 million Americans will view credit card and other statements online, a 60% increase on the 20 million who did so at the end of 2000. Almost 27 million of these consumers will view credit card accounts online and Gartner expects the number of consumers viewing… Continue reading Increase In Online Billing Boosted By Anthrax Terror, Says Gartner
Telewest, which announced that it is rebranding to Telewest Broadband to consolidate its position in the UK broadband sector (see Telewest Announces Rebrand), was the best performer in yesterday’s media market, with shares jumping 11.80% to close at 49žp.WPP saw shares rise 9˝p to close at £6.65 as company continues with attempts to get out… Continue reading Sharewatch
US newspaper publishing groups could benefit from a substantial fall in newsprint costs in 2002, with a knock-on effect possible for European publishers, according to analysts at ABN Amro. The broker forecasts that print prices may fall by double-digits next year, although advertising visibility remains limited. A decline in newsprint costs would significantly help the… Continue reading European Newspaper Groups Could Benefit From Fall In US Newsprint Costs
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
