Sports internet and radio company, TEAMtalk has bought Atlantic 252 and plans to relaunch it as a sports based station called TEAMtalk 252.TEAMtalk paid £2m for RTL’s 80% stake in Atlantic 252 in a deal which is expected to be completed by the end of November. The remaining 20% of the station will continue to… Continue reading TEAMtalk Buys Atlantic 252
Emap has announced a new look for its clubbing title Mixmag. From November, the title’s look will be “more design led with a heavy and imaginative use of photography”. Changes have also been made to the editorial team, in the form of several promotions among existing staff.Although the title’s circulation slipped slightly period on period… Continue reading Mixmag Gets Makeover
Adshel has launched new campaigns for 2002 which include an initiative whereby advertisers will be offered lower costs in proportion to the share of outdoor campaigns booked on Adshel sites. This approach is a first for the outdoor sector, but reflects the way the rest of the advertising industry operates.Julie France, Adshel’s managing director, explained:… Continue reading Adshel Introduces Share Trading To Outdoor
As expected, radio and sport internet company TeamTalk has acquired an 80% stake in the Atlantic 252 radio station. The interest has been sold by pan-European broadcaster RTL, with the remaining 20% in Atlantic held by Irish state broadcaster RTE. The acquisition of the Atlantic stake, for £2 million, represents a considerable addition to Teamtalk’s… Continue reading TeamTalk Takes 80% Stake In Atlantic 252
BSkyB has reached an agreement with German media group, Kirch Pay-TV, not to exercise its rights to sell its minority stake in Kirch until 2003, according to a report in this morning’s Financial Times. BSkyB, owned ultimately by Rupert Murdoch’s News Corporation, holds a 22% stake in Kirch. It has the right to sell this… Continue reading BSkyB To Hold Off Sale Of Kirch Stake, Say Reports
Dow Jones, the US publishing group which owns the Wall Street Journal, has reported Q3 financials slightly ahead of previously lowered figures, but warned that the final quarter could be down on estimates if the current market conditions continues, as is expected. The WSJ has seen its advertising revenues substantially knocked so far this year… Continue reading Tough Ad Market Continues To Hit Dow Jones
NBC, the US broadcasting network owned by General Electric, has agreed to buy Hispanic broadcaster Telemundo for $2.7 billion (£1.9 billion) in stock and cash. The deal gives NBC a good foot-holding in the fast-growing Spanish language market.
Rupert Murdoch has said that his media company, News Corporation, will lose £69 million as a result of the terrorist attacks in the United States. Speaking at the company’s annual meeting in Adelaide, Australia, he told shareholders: “Advertising is going through a very uncertain time. We have been in a recessionary period for the last… Continue reading News Corp Loses £69m Following Attacks
Yesterday’s trading saw a few encouraging increases in the value of media shares, including a 21p jump from Taylor Nelson Sofres which meant it ended up 13.3% on the previous day’s closing price, at £1.78˝.WPP made the not unexpected announcement that it would try to leave the Tempus deal by invoking a clause in its… Continue reading Sharewatch
Channel 4 has appointed Murray Boland as the new head of programmes at its digital entertainment channel E4.Boland, currently head of programmes at MTV UK, will take up the position in January. He replaces Andrew Newman, who is going on to become head of entertainment at Channel 5.E4’s general manager, Dan Brooke, said: “Murray’s programme… Continue reading New Head Of Programmes Appointed At E4
