The Radio Authority is investigating the Kent Messenger Group following its acquisition of South East Radio, which broadcasts the local station Neptune Radio to Folkestone and Dover.Under broadcasting law a company which runs a local newspaper cannot also own a local radio station in the same area unless an investigation shows it to be in… Continue reading Radio Authority To “Test” KM Group
The growth of digital TV has been impressive, from a standing start at the end of 1998 to 5.5m Sky Digital subscribers and 1.1m ITV Digital subscribers by June this year. Sky has pulled ahead of its Granada/Carlton owned rival, but progress for both has been steady. Jupiter MMXI recently predicted that over 50% of… Continue reading Feature: Digital Future
Dennis Publishing is investing £2m in the launch of a new website, computerandvideogames.com , bucking the downturn affecting the new media industry.The new games portal, which is described as “a complete online fix for addicts of computer and video games,” launches into a market which has seen a recent spate of closures and payoffs, with publishers… Continue reading Dennis Launches Games Portal
After four days of freefall and volatility the stock market rallied this morning as the bargain hunters moved in. Yesterday the FTSE dropped to its lowest level for four years as Europe’s stock markets followed declines in the Asian markets. There were fears of a global crash as the French and German markets also reached… Continue reading Economy Rallies Following Worldwide Slump
Profits at SMG have been heavily impacted by the slowdown in the advertising market and an increase in the group’s ITV licence fees, the interim results released this morning have shown. Pre-tax profit was down by 33.7% to £19.9 million for the six months to 30 June, whilst operating profit fell by 12% £32 million.… Continue reading SMG Profits Stung By Ad Slowdown
Media companies were subjected to a rough ride yesterday as the FTSE 100 index closed at its lowest level for three years. Chrysalis, which announced the closure of all of its new media interests with the exception of its sports network Rivals.com (see New Media Write-Offs Cost Chrysalis £9.6m), saw shares fall 12.5% yesterday to… Continue reading Sharewatch
Profits at SMG have been heavily impacted by the slowdown in the advertising market and an increase in the group’s ITV licence fees, the interim results released this morning have shown. Pre-tax profit was down by 33.7% to £19.9 million for the six months to 30 June, whilst operating profit fell by 12% £32 million.… Continue reading SMG Profits Stung By Ad Slowdown
The latest figures from the Audit Bureau of Circulations (ABC) show that the national newspaper market as a whole saw a month on month increase of 0.6% from July to August this year.The success story of the month was Sport First which managed a 32.7% increase in circulation, allowing it to overtake fellow sports title… Continue reading National Newspaper ABC Round-Up August 2001
The Independent Television Commission (ITC) has today published Culture and Communication, a major new study into the future of broadcasting and communications.The study aims to identify priorities for the Government as it prepares legislation for the media and communications industry over the next ten years. It offers analysis of the market, policy proposals for the… Continue reading ITC Publishes Communications Study
