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BSkyB is to close its movie division Sky Pictures. The closure of the film division, which was set up in 1998, is thought to have resulted from a strategic review focussed on costs. BSkyB also recently announced plans to cut jobs from Open, Sky Interactive and the business side of Sky News. The decision to… Continue reading Sky Pictures To Close As Part Of Cost Cutting Drive

BSkyB is to close its movie division Sky Pictures. The closure of the film division, which was set up in 1998, is thought to have resulted from a strategic review focussed on costs. BSkyB also recently announced plans to cut jobs from Open, Sky Interactive and the business side of Sky News.The decision to close… Continue reading Sky Pictures To Close As Part Of Cost Cutting Drive

Virgin Radio has announced the launch of a new digital radio station aimed at teenagers. The station named Liquid is billed as; ‘the first pure chart radio service for London’ and will be a music led service featuring news, information and features designed to appeal to a core teenage audience. SMG commercial development director, Lee… Continue reading Virgin Radio To Launch Liquid At Teenagers

Shares in RTL soared 25.52% week on week to finish £10 better off, with a closing price of £49.18. Bright Station also had an impressive week, with shares climbing 13.33% to finish at 8.˝p, 1p better off than the previous week.In what was an eventful week for EMAP (see Hand Steps Down As PPA Chairman)… Continue reading Sharewatch

Emap Digital Travel (EDT) has been sold to internet-based travel technology and distribution group, Online Travel Corporation (OTC) for £2.8m. Paul Keenan, chief executive of Emap Digital, explained the decision, “We have previously stated that we are focusing our online activities towards our strategically important off-line assets. We don’t have a major presence in the… Continue reading Emap Offloads Travel Websites For £2.8m

According to the Henley Centre, the average person lost two hours of their leisure time to work between 1992 and 1998, leaving less opportunity for media consumption. Road congestion is getting heavier, meaning more time sat in the car and less at home and when people do sit down in front of the telly or… Continue reading Insight Analysis: ‘Passive’ Media Benefit From Ad-Fatigue

Future Network is to sell the US Business 2.0 magazine, brand and related conference and online activities to Time Group in a move designed to reduce Future Network’s debt. The initial cash consideration from Time will be £48.8m, with additional considerations dependent on financial performance until the end of 2006.The deal is expected to bring… Continue reading Future To Dispose Of Business 2.0 In Debt Reduction Exercise

“Never work with children or animals”, or so the saying goes, and the former category proved troublesome for advertisers this month when child-based adverts caused a volley of complaints to the Independent Television Commission (ITC).The advert prompting the highest level of complaint, from a total of 125 viewers, was for Pampers Total Care. The nappies,… Continue reading ITC Rejects Nappy Complaints But Blackballs Snowballs

There were a few bloodshot eyes and thumping heads in the Mediatel office (and doubtless elsewhere around Golden Square) this morning after last night’s MRG bowling tournament. This, of course, had nothing to do with the copious amounts of alcohol that were consumed from the free bar, but comes with the exhaustion experienced only by… Continue reading Mashers Mashed At MRG Bowling Tournament

Kevin Hand has stepped down from his position as PPA chairman, having last week resigned as chief executive of Emap following the company’s ill-fated US ventures (see Emap Chief Executive Resigns).PPA chief executive Ian Locks said that the organisation had received the news “with great sadness”, adding, “In resigning, Kevin recognised that the PPA needed… Continue reading Hand Steps Down As PPA Chairman