More Industry News articles

This morning at the Annual General Meeting of the Daily Mail and General Trust plc, all the resolutions set out in the Notice of Meeting sent to shareholders on 17 January, 2001, were duly approved. Sir Ronald Grierson, a non-executive director of the Company since 1995, did not stand for re-election and so has retired… Continue reading Daily Mail & General Trust Pass AGM Resolutions

Reuters shares were buoyed yesterday by full year results which were ahead of expectations (see Collapse In Internet Value Does Not Affect Reuters Strategy, Says Chief Executive). Shares ended up 54p by the end of the day’s trading, at £10.74.A new joint venture was announced yesterday between UBC, Capital and US-based group Command Audio, to… Continue reading Sharewatch

UBC Media and Capital Radio have announced the formation of a joint venture with US-based group Command Audio to develop personal digital radio systems.The three-way partnership will allow UBC and Capital to use Command Audio’s software to develop on-demand interactive audio services. Tests are set to start later this year.UBC Media: 020 7402 1011 Capital… Continue reading UBC Media And Capital In US Partnership

Optimad and iMediapoint, the internet-based media transaction platforms, have announced that they are to merge. The combined entity will create a UK and European market leader for online media trading which will operate as Optimad-iMediapoint.Andy Troullides, iMediapoint’s CEO, who will run the new entity with iMediapoint founder Jean-Louis Velaise, said: “As separate businesses, Optimad and… Continue reading Optimad And iMediapoint Announce Merger

Revenues at information services company Reuters rose by 15% to £3.6 billion for the year ended 31 December 2000, according to financial results released this morning. Pre-tax profit rose by 4% from £632 million to £657 million and earnings per share were up 26% at 37.9p.During 2000 Reuters began laying foundations for a new internet-based… Continue reading Collapse In Internet Value Does Not Affect Reuters Strategy, Says Chief Executive

Reuters announces its final results for the year today. Ahead of this, shares in the company ended down 2p by the close of yesterday’s trading, at £10.20.The best media performer yesterday was United Business Media, which appeared to be resisting a recent confidence slump caused by poor ad revenue predictions in the US, and rose… Continue reading Sharewatch

Bright Station has won a three year contract worth £1m from Virgin.com to host and manage content on its brand portal. The portal, which acts as a gateway to all Virgin’s businesses online, will be managed by Bright Station along with Intel Online Services. The contract includes technology enhancements based on Bright Station technologies such… Continue reading Bright Station Wins £1m Virgin Contract

The Wireless Group (TWG), which operates the national analogue station talkSPORT, has called for an end to what it describes as the “monopolistic and anti-competitive practices which threaten to suffocate the commercial radio sector” – namely the restrictions on commercial radio which do not apply to the BBC.Although TWG owns and operates 16 analogue and… Continue reading Wireless Group Calls For End To Monopolistic And Anti-Competitive Practices

The Cinema Advertising Association (CAA) has published its latest CAVIAR audience research, which shows that the number of cinema visitors during 2000 – some 47 million – was the highest reached during 18 years of the research being carried out and showed a year on year increase of 10%, despite the advent of advanced home… Continue reading Cinema Growing In Popularity Despite DVD And Pay Per View, Shows CAVIAR

Revenues at information services company Reuters rose by 15% to £3.6 billion for the year ended 31 December 2000, according to financial results released this morning. Pre-tax profit rose by 4% from £632 million to £657 million and earnings per share were up 26% at 37.9p. During 2000 Reuters began laying foundations for a new… Continue reading Collapse In Internet Value Does Not Affect Reuters Strategy, Says Chief Executive – 13 February 2001