Scottish Radio Holdings’ (SRH) Score Press has sold the Title Media division and its subsidiary Ireland on Sunday Ltd, which publishes the Ireland on Sunday newspaper, to Associated Newspapers for £7.4m cash, the company announced this morning.SRH, which has built up a portfolio of 41 local weekly titles over the last six years, acquired the… Continue reading Scottish Radio Sells Ireland On Sunday To Associated
Chris Smith MP has signalled his intention to stay connected to the media world following his departure from the position of Secretary of State for Culture, Media and Sport earlier this year in favour of Tessa Jowell (see Smith Replaced By Jowell Following Labour Landslide). He has accepted the role of chair of a consumers… Continue reading Chris Smith Joins Classic Panel
Shares in Carlton Communications were down by 29p (13.5%) by midday today, whilst Granada stock was off 9Âźp (9.1%), following downgrades to ITV recovery forecasts by both HSBC and ABN Amro. “The summer has passed and the slowdown in ITV advertising continues unabated,” says ABN. The broker is now forecasting a 15% decline in ITV’s… Continue reading ITV Downgraded Again, Carlton And Granada Stock Falls
BSkyB would be interested in buying a stake in ITV companies Carlton and Granada if the Government changed the current cross media ownership laws, according to CEO Tony Ball.Speaking at the Royal Television Society conference in Cambridge Sky’s chief executive said that that if the current broadcasting laws, which prevent BSkyB from owning more than… Continue reading BSkyB To Go After ITV Partners?
For media stocks the short- to medium-term situation is now looking even worse than it did before the tragedy in the US, when there was already a worry of impending full-scale recession. Advertising levels are likely to drop as media devote much of their space to coverage of the events now unfolding in the States… Continue reading Insight Analysis: Media Stocks Show Across The Board Declines As Outlook Deteriorates
The Institute of Practitioners in Advertising (IPA) has questioned the government’s decision to approve eight out of the nine digital services proposed by the BBC, expressing “considerable misgivings” about the implications for the commercial sector.In an attack BBC’s new services, which were given the go ahead by Culture Secretary, Tessa Jowell last week (see Government… Continue reading IPA Attacks New BBC Services
BSkyB would be interested in buying a stake in ITV companies Carlton and Granada if the Government changed the current cross media ownership laws, according to CEO Tony Hall. Speaking at the Royal Television Society conference in Cambridge, Sky’s chief executive said that if the current broadcasting laws were changed, Sky would consider investing in… Continue reading BSkyB Eyes Up Terrestrial Opportunities
Jazz FM has developed an internet radio sponsorship package to allow advertisers to sponsor Jazzfm.com’s live audio stream.Advertisers will be able to sponsor 20 second audio trailers which will appear every time a user connects to the Jazz FM live feed. The package will include branding of the live feed button and banner ads on… Continue reading Jazz FM Offers Online Ad Package
Stocks indices plummeted as the New York Stock Exchange, Dow Jones and Nasdaq opened today for the first time since the attacks on New York and Washington last Tuesday (see Insight Analysis: Can Traders Stabilise The Market As Wall Street Reopens?). This is despite a 0.5% cut in the US interest by the Federal Bank,… Continue reading Stock Falls As Wall Street Reopens
