More Industry News articles

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

Media companies BSkyB and Pearson have joined forces in a content partnership deal that will see FT.com provide content for Sky News Online.Under the deal. FTyourmoney, the personal finance channel of FT.com, will create a tailored personal finance site for Sky News Online. The site, called yourmoney will allow Sky users to access information on… Continue reading BSkyB and Pearson In Content Deal

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

Channel 4 is cutting back its investment in programming for 2001 due to the advertising downturn that is affecting the industry.The channel, which last year spent £423m on programmes, has reduced its ambitions for programming in 2001 due to the “difficult financial market.” While the investment in programming for 2001 will be higher than last… Continue reading Channel 4 Feels The Pinch

Emap’s advertising chief, Tom Toumazis, has quit the company to take up a new role at Walt Disney.Toumazis, who has been advertising chief at Emap since 1999, will join Disney as senior vice-president and managing director of European distribution. He will take on responsibility for marketing and licensing Disney programming.His departure comes at a difficult… Continue reading Emap Ad Chief Leaves For Disney

BSkyB is in discussions with Channel 5 that may lead to the satellite group taking a stake in the terrestrial station, the Sunday Business reported yesterday without naming its sources. C5 is owned 65% by pan-European broadcaster RTL and 35% by United Business Media (UBM). However, UBM has recently disposed of the rest of its… Continue reading BSkyB Interested In C5 Stake According To Reports

Ticketmedia, the ticket advertising group, has been awarded a five year advertising contract for London Underground tickets worth an estimated £5m.The group, who will have the exclusive rights to market and sell ticket advertising on London Underground from 1 October, was awarded the contract by Viacom Outdoor, who handle all advertising and sponsorship opportunities on… Continue reading Ticketmedia Nets £5m Ad Contract

The well-documented fall-out in the internet market has reached Chrysalis as the company today announced that it will be ending all new media investments bar its sports network Rivals.net. The write down to Chrysalis’ accounts for the year will total £9.6 million and this does not include trading losses incurred by the New Media division… Continue reading New Media Write-Offs Cost Chrysalis

The ITC has upheld a complaint from Sky Digital regarding advertising by its competitor, ITV Digital, which BSkyB claimed included a misleading comparison.The advertisement said that viewers would not need a dish and “would get all the channels through the ITV Digital box.” BSkyB complained that this was not a fair comparison to digital satellite.… Continue reading ITC Upholds Digital Complaint