Despite the release of a number of trading statements and interim results last week, confirming the pessimism hanging over the industry (see Media Market Round-Up), some companies managed to see shares rise in week on week analysis.Capital, which released a trading statement confirming the downturn affecting radio advertising revenue, saw shares rise in week on… Continue reading Sharewatch
Global market information group, Taylor Nelson Sofres (TNS) is to buy the entire share capital of Sponsorship Information Services (SIS) and its interests in Sponsorship Information Services Asia and NetResult. The value of the acquisition was not disclosed. SIS monitors and evaluates sponsorship of major sporting events, such as UEFA Champions’ League football matches, Formula… Continue reading Taylor Nelson Sofres Acquires Sponsorship Monitoring Group
BARB has announced that it is entering the final phase of installation of its new panel for the TV audience measurement system which begins on 1 January 2002. The panel is made up of entirely new households totally more than 5,200, overtaking the current total of 4,485.In line with plans set out by BARB before… Continue reading New BARB Panel Nears Completion
Continued weaknesses in the advertising market has led ABN Amro to downgrade its 2001 and 2002 earnings per share forecasts for VNU by 4% and 10% respectively. The broker says that visibility for the business information group remains low as advertising in the business magazines sector is still weak. VNU’s US magazine division saw revenues… Continue reading ABN Amro Downgrades VNU Forecasts But Is Positive On Long-Term Future
Rumours of negotiations between ITVDigital and BSkyB resurfaced today with reports that Carlton and Granada, joint owners of ITV Digital, are meeting with the rival satellite operator with a view to co-operation and possible carriage of ITV channels on the Sky platform.ITV has promised in the past to secure carriage (see Newsline), but has been… Continue reading ITV Partners May Co-operate With BSkyB
Late on Friday, following the suspension of trading in its shares and the announcement of its financial results, Future Network revealed the details of its refinancing plan (see Future Shares Remain Suspended As Losses Are Revealed). The group is to issue new shares at 20p each in order to raise £33 million net of expenses.… Continue reading Six For Five Issue To Raise £33m For Troubled Future
US network, spot and cable television lost a combined $313.2 million in advertising revenue for the broadcast week of 9-15 September, as many networks cut their advertising in favour of continuous coverage of the events following the terrorist attacks of 11 September. According to new data released by CMR, network advertising took the biggest hit,… Continue reading US TV Networks Lost $313m In Week Of Attacks
Future Announces Refinancing PlanLate on Friday, following the suspension of trading in its shares and the announcement of its financial results, Future Network revealed the details of its refinancing plan. The group is to issue new shares at 20p each in order to raise £33 million net of expenses.Six new shares will be issued for… Continue reading Future Announces Refinancing Plan
Natmags is cutting the price of Company magazine to £1.50 in an attempt to boost sales in an increasingly competitive market.From November, the magazine which currently sells at £2.60, will cost the same as Condé Nast’s Glamour, which launched with great success in March (see Handbag-Sized Glamour Proves Big Success).Company’s deputy managing director, Duncan Edwards,… Continue reading Natmags Cuts Company’s Cover Price
Thomson Intermedia has launched an online TV ad monitoring system, providing agencies, media owners and advertisers with analysis of TV creative and spend information.The system, called TV ART, gathers and links data across national, regional and satellite channels, enabling users to analyse TV advertising across a number of categories including spend, advertiser, programme and TV… Continue reading Thomson Intermedia Launches TV Ad Tool
