More Industry News articles

The late start to the ad-buying period for the 2001-2002 US television season is starting to cause concern for the TV networks, according to an article in the US’ Mediaweek yesterday. The site reports that with only three weeks before the start of the season advertisers have placed formal orders for only around a third… Continue reading US TV Networks Suffer Low Pre-Season Ad Bookings

UK venture capital group Cinven has tabled a E2 billion offer for Vivendi’s business to business (B2B) magazine portfolio, the French media group revealed this morning. The management of Vivendi is supporting the offer despite ‘several’ other approaches for the business, reportedly from the likes of Reed Elsevier, Pearson, VNU and EMAP (see EMAP May… Continue reading Cinven To Acquire Vivendi Magazine Portfolio For E2bn

Channel 4 may find itself with a £100-200 million charge for the use of its broadcasting spectrum under the new communications legislation proposed by the Government, according to a report in today’s Financial Times. Other commercial broadcasters are already subject to the spectrum fee, but Channel 4 has so far been exempted due to its… Continue reading Channel 4 May Be Hit By

EMAP is consider acquiring some of the magazine assets currently up for sale by Vivendi Universal, according to a report in French newspaper La Tribune this morning (see Reed Elsevier Is Likely Buyer Of Vivendi Publishing Arm). The report claims that specialist titles Le Moniteur and Exposium are likely to be of greatest interest to… Continue reading EMAP May Be Interested In Vivendi Specialist Mags

Hong Kong’s financial secretary, Antony Leung Kam-chung, forecast that there will be a rebound in the economy there by next year, although companies are likely to continue slashing jobs, according to a report in the South China Morning Post‘s website. Chief secretary, Donald Tsang Yam-kuen, also predicted the economy would “eventually find its legs and… Continue reading Hong Kong Sees Economic Rebound By Next Year

Shares in Reed and United Business Media continued to fluctuate yesterday after VNU’s interim results, released on Wednesday (see VNU Gloomy About Trade Journal Market), showed pessimism for the coming year. Reed saw a modest rise with shares climbing 0.94% to finish at £6.47˝, an increase of 6p on the previous day, while United Business… Continue reading Sharewatch

IPC Ignite have poached Conor McNicholas from Emap to edit its dance and clubbing magazine Muzik.McNicholas, who will take up the position next month, was previously editor of rival Emap title, Mixmag and has also worked for Ministry magazine and Dennis Publishing. He replaces Chris Elwell-Sutton who has left the magazine after less than a… Continue reading New Editor Is Muzik To IPC’s Ears

MXR, the digital radio consortium, launches the West Midlands digital radio multiplex today, delivering digital programming to an area with an adult population of around 3.3 million.The Consortium, whose shareholders include Chrysalis, Capital Radio, Guardian Media Group, Jazz FM, Soul Media and UBC Media was awarded the licence in February staving off competition from The… Continue reading MXR Launches Third Digital Radio Multiplex

Peter Bazalgette, creative director of Endemol Entertainment, was revealed as the winner of a special TV executives Weakest Link screened to open this year’s Guardian Edinburgh International Television Festival (GEITF).Jim Hytner, shortly to move from his job as marketing and commercial director of Channel 5 to the same job at ITV (see Hytner Quits 5… Continue reading Weakest Link Opens Edinburgh Festival

RevenueJuly saw falls across the board in TV revenue. A year on year analysis showed that total terrestrial revenue fell 12.2%. Channel 5 was worst hit, dropping 19% to less than £13m, while ITV saw a heavy fall of 14.5%.Satellite revenue showed an unusual fall, dropping 3.2% in a year on year analysis, against its… Continue reading TV Market Round-Up June 2001