Interactive entertainment company Two Way TV has received £12m investment from Swedish group SMI Media. The deal will see SMI become a significant shareholder in the group with two of its directors sitting on the board.Two Way TV launched in 1992 developing systems to allow viewers to compete with their favourite TV gameshows. The Two… Continue reading Two Way TV Gets £12m Investment Boost
Press reports claim that Vivendi Universal has agreed to merge its loss-making Italian pay-television division, Telepiù, with Stream – a rival broadcaster owned by News Corporation and Telecom Italia. The Financial Times reports that the merged business will retain the Telepiù name and will be owned two thirds by Vivendi’s Canal Plus one third by… Continue reading Italy’s Telepi
The government has proposed boosting the strength of the digital TV signal in order to improve quality and encourage adoption of the technology before the proposed analogue switch-off date of 2010. Culture secretary Chris Smith and Trade & Industry secretary Stephen Byers have this week written to senior controllers of the terrestrial broadcasters seeking their… Continue reading Power Increase For Digital TV Signal Planned
Carlton and Granada have today confirmed plans for changes within the structure of ITV including a radical overhaul of their joint-owned pay-tv channel ONdigital. Stuart Prebble is to be appointed chief executive of the network which will now operate three businesses – ITV channels, ITV Digital and ITV.com.ITV Digital is the rebranded name for ONdigital.… Continue reading Prebble Heads Up An Integrated ITV
Over a third of all households in the UK now have internet access, some 9 million homes, according to new research by NetValue. Those connected are also using the internet more often and for longer periods, with usage in March 2001 higher than ever before at an average of 24 sessions over 10.5 days.Within the… Continue reading One Third Of All UK Homes Now Connected To The Net
Media group Vivendi Universal yesterday issued first quarter operating results in line with market expectations, which show that the group is ahead of schedule to meet cost savings of €200 million by the year end. Revenues grew by 10% to €5.9 million and EBITDA more than doubled to €900 million, pushed by a €293 million… Continue reading Vivendi ‘Defensive’ Against Ad Slowdown
Marketing spend is on the increase despite forecasts of a recession within the industry, according to the latest Bellwether Report. Twice as many companies raised their marketing spend than cut them in the first quarter of this year. The report, which is published by the IPA and tracks actual client spending intentions within the economy,… Continue reading Bellwether Report: Marketing Spend On The Rise, Says New IPA Survey
GWR is to set up a new consumer group to monitor the performance of its flagship station Classic FM. Following the lead of commercial television companies as they move towards self-regulation, the radio group has announced that it too will publish annual performance plans.Speaking at the Radio Academy’s Radio and the City seminar this morning,… Continue reading GWR Sets Up Consumer Group For Classic FM
Internet advertising in the United States recorded $2.2 billion in revenue for the Q4 2000, bringing total online revenue for the year to $8.2 billion, according to the Interactive Advertising Bureau’s (IAB) Internet Ad Revenue Report conducted by PricewaterhouseCoopers. While the $2.2 billion shows an increase of 9% over the $1.986 billion for the Q3… Continue reading US Online Adspend Hit $8.2 Billion In 2000
Reuters is due to release first quarter results today, which are expected to show an increase in revenues. However, yesterday it was the worst performer amongst media shares, falling 54p or over 5% to end at £9.75.As more news of the proposed ONdigital revamp emerged (see ONdigital To Announce Revamp, Prebble To Head Up ITV),… Continue reading Sharewatch
