ITV has published its first statement of programming policy in which it promises to invest £750m on programming during 2001, excluding regional services. The network’s commitment is part of a new initiative by the ITC in which broadcasters are obliged to produce annual public service targets in preparation for the adoption of self-regulatory measures proposed… Continue reading ITV Publishes First Statement Of Programme Policy
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News and information group Reuters has this morning posted a strong set of financial results that show first quarter revenues rising 17% to £970 million. However, chief executive Peter Job warned that growth in the second quarter would be at a “slightly lower rate”.The group says that good performances at its Reuters Financial and Instinet… Continue reading Reuters Stock Falls On Slower Q2 Warning
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, reveals… Continue reading Marketing Spend On The Rise, Says Bellwether Report
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
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
TV’s status as the most trusted and unbiased medium has not been shaken by the arrival of the internet as a source of information. New research by CIA MediaLab has revealed that only 5% of respondents claim to trust the information they access via the internet, while 47% saw the BBC as the most trusted… Continue reading Public Belief In Internet As Trustworthy And Unbiased Medium Remains Low
UK cinema admissions are predicted to reach 148m during 2001, an increase of 4% year on year, according to the latest figures from the Cinema Advertising Association. Revenue for the medium is also on the increase, pushed by a more adult and female orientated film product.Admissions rose by 3% in the first quarter, compared to… Continue reading Cinema Admission To Reach 148m During 2001, Despite March Slump
20.04.01ONdigital is expected to announce a growth of 70,000 customers when it unveils its Q1 2001 subscriber figures next week. This is down on the 121,000 new customers it signed up in the first quarter last year. The slowing growth is mainly the result of churn – the number of customers leaving the ONdigital service.Analysts… Continue reading ONdigital Subs Growth Hampered By High Churn
The UK’s major commercial broadcasters have published details of their public service commitments for the coming year. The statements are part of an ITC initiative and herald a move towards further self-regulation within the TV industry, a move which was unveiled as part of the Government’s White Paper last year.The statements allow creative flexibility in… Continue reading Broadcasters Publish Details Of Public Service Commitment
ONdigital is to announce details of its proposed revamp this Wednesday. The pay-tv station, which is joint owned by Carlton and Granada, is expected to change its name to ITV Digital and unveil a raft of new channels.The news will coincide with the appointment of Stuart Prebble, the current CEO of ONdigital, to the position… Continue reading ONdigital To Announce Revamp, Prebble To Head Up ITV
