The latest figures from the Office of National Statistics have revealed an unexpected rise in inflation, which exceded the Government’s target level of 2.5% for the first time in over two years. The underlying rate of inflation was 2.6% during August, up 4 percentage points on the previous month. Falling car and petrol prices are… Continue reading Inflation Rate In Unexpected High
Media shares suffered significantly in week on week analysis after Tuesday’s devastating attacks on US wiped billions of pounds off the UK stock market and brought the FTSE 100 to its lowest point for over a decade.SMG , which became the latest broadcaster to be affected by the advertising downturn announcing a 33.7% loss in… Continue reading Sharewatch
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?
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
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
Carlton Communication’s executive director Nigel Walmsley has resigned as executive director with effect from 31 December 2001. He will complete his term as chairman of GMTV, after which he will act as non-executive advisor to Carlton on industry and regulatory developments.Walmsley joined the company in 1991, having previously been chief executive of Capital Radio. During… Continue reading Carlton Director Resigns
Pre-tax profits before exceptionals at Ulster Television (UTV) fell slightly in the six months to 30 June, mainly due to the downturn in advertising levels. Interim pre-tax profits came in at £6.4 million, compared to £20.4 million for the same period last year, which included the £13.4 million profit contribution from the sale of the… Continue reading Ulster TV Profits Fall
The Independent Television Commission (ITC) has shown LWT the yellow card for its sporting mishaps series, Best And Worst II, but has failed to blow the whistle on Tarrant On CCTV‘s “toilet humour.”The ITC has upheld complaints against LWT’s Best And Worst II series after viewers complained that some of the scenes of violence featured… Continue reading ITC Shows LWT The Yellow Card
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
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
