Last week saw continuing falls on world stock markets, and media shares suffered in most cases. The exceptions included Cable & Wireless, which managed a week on week increase of over 4% to end at £4.95, and United Business Media, which rose over 2.5% to £6.60.The week before last it was Carlton Communications which suffered,… Continue reading Sharewatch
GWR Group plc’s 63% owned subsidiary, Digital One, announcement today that they are to enter into a strategic agreement with Imagination Technologies plc to jointly develop, fund and market a low power, low cost digital Base-Band chip and the reference design for a digital radio receiver module. The agreement will result in smaller, lighter, portable… Continue reading Cost Of Digital Radio Set To Fall
According to a new report by The Media Audit internet radio is slowly taking off in the US and is attracting “significant local market audiences” According to the report, 23 radio websites are attracting over 2% of all adults in their immediate markets and this figure would double if considered as a percentage of only… Continue reading Web Radio Slowly Takes Off In US
Pearson is to cut around 40 jobs from its online division, which includes FT.com, in order to steer its businesses towards profitability by the end of 2002. The job losses will occur across the FT internet businesses, including FT.com, FT Careerpoint and FT Your Money. The reduction in staff is said to result from the… Continue reading 40 Jobs To Be Cut At Online FT
Chrysalis’ Galaxy Network is launching its first ever multi-media advertising campaign, worth in the region of £250,000 and utilising the specialist music press, new media and below the line activity. It follows the launch of the network’s first TV advert, currently running on MTV UK, MTV Base and MTV Extra.Nick Button, Galaxy Network’s brand director… Continue reading Galaxy Network Launches Multi-Media Ad Campaign
In his statement at today’s annual general meeting, SMG chairman Don Cruickshank told shareholders that first quarter trading at the core television division is down around 9% on last year and stated that the higher licence payments for its ITV franchises would also be a burden In television, trading is down approximately 9% on the… Continue reading SMG Issue AGM Statement
The possibility of broadcast advertising self-regulation, raised by the government’s Communications White Paper (see Chris Smith Unveils Ofcom), will first of all require the commitment of advertisers, according to the director general of the Advertising Association, Andrew Brown.Brown made this comment during the annual ISBA conference on 29 March. Malcolm Earnshaw, ISBA’s director general added,… Continue reading Broadcast Advertiser Responsibility Key To Achieving Self Regulation
The climax of EastEnder’s Who Shot Phil Mitchell? storyline attracted almost 20m viewers to BBC1 last night. Unofficial overnights put the average audience at 17.9m, with a peak of 19.8m occurring halfway through the 40 minute programme. The audience was on average 2m larger than for the episode when Phil was actually shot (see Phil’s… Continue reading EastEnders Shooting Climax Pulls Peak Audience Of Nearly 20m
In his statement at today’s annual general meeting, SMG chairman Don Cruickshank told shareholders that first quarter trading at the core television division is down around 9% on last year and stated that the higher licence payments for its ITV franchises would also be a burden.In television, trading is down approximately 9% on the buoyant… Continue reading SMG Remains Cautious In AGM Statement
The best performer in the FTSE 100 yesterday was Telewest, which jumped 11¾p to £1.10¾, a rise of over 11%. As stock markets around the world began to recover from recent lows, Reuters benefited from a positive Nasdaq, rising 40p to £8.10.Financial Times owner Pearson announced cuts to its internet activity spending in response to… Continue reading Sharewatch
