It was a weak day for media shares yesterday, with Telewest the worst perfomer, dropping over 12% to 56p. Information services company Reuters also took a punishing, dropping 43p to £7.60.Among the few not showing a negative performance was Chrysalis, which managed a rise of 3½p to £2.23½.The closing prices of media company shares yesterday… Continue reading Sharewatch
The Ministry of Sound is launching as an FM radio station for the first time in October.Ministry of Sound Radio, the current digital and internet station, will broadcast on the 87.7 FM frequency as part of a month long trial while an application for a permanent licence is considered.The station will target a youth audience… Continue reading Ministry Launches On FM
The latest figures from the Audit Bureau of Circulations (ABC) show that the majority of the top ten regional titles saw a year on year decline in circulation.The paper with the highest ABC circulation for the period January to June 2001 was the Manchester Evening News, with 169,312. However, this was a year on year… Continue reading ABC Regional Newspaper Circulation
Future In Investment TalksEmbattled magazine and internet group, Future Network, is in talks with potential financial investors, according to reports from Reuters today. The news agency says that Electra Partners and Duke Street Capital are separately considering bids of between £80 million and £100 million.Future has declined to comment and it is thought that the… Continue reading Future In Investment Talks
colspan=”5″>National Newspaper NRS Figures – July 2001
ITV is believed to be planning on cutting the number of episodes of revived daytime soap Crossroads from five to four a week. The soap will also be broadcast at a slightly later time than its current 1.30pm slot and will be scheduled next to new programming including a cash prize gameshow.Crossroads original run was… Continue reading ITV To Cut Crossroads
Zenith Cuts Ad Forecasts AgainThe advertising industry looks set for its worst year since the recession of the early 1990s, as Zenith Media has downgraded its global forecasts yet again. According to a report on FT.com, the agency is now predicting a global adspend decline of 2.6%. A couple of months ago it estimated a… Continue reading Zenith Cuts Ad Forecasts Again
Johnston Press’ interim results yesterday sounded a note of cautious optimism (see Johnston Press Sees Revenue Growth) which was matched by an equally cautious rise in share price of 3½p to £3.03½, an increase of 1.17%.Granada chief executive Steve Morrison may have been upbeat about ITV Digital’s post-rebrand take-up figures at the weekend (see Uptake… Continue reading Sharewatch
Shopaholics are to be targeted at their most vulnerable from September as campaigns are run on panels in fashion store changing rooms for the first time. The A3-size poster sites are currently available in 1,500 of Arcadia Group’s Topman and Miss Selfridge stores through ambient media company Fitting Exposure.Managing director of Fitting Exposure, Stephen Connor,… Continue reading Ads Hit The Shops
