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Stock in Granada Media rallied this morning following an upgrade from US broker Morgan Stanley Dean Witter. Granada Media will complete its demerger from the Granada Compass hospitality business this Friday. As a result its free float will increase from 20% to 100% and its FTSE weighting will increase from 0.08% to 0.39% following the… Continue reading Granada Rises On Positive Ratings

Radio group GWR is holding a seminar today for fund managers and analysts as part of its ongoing investor relations programme. The company will report radio revenues up 12% on a like for like basis for Q4 2000 – in line with expectations. GWR expects strong revenue growth this year following continued audience increases for… Continue reading GWR Q4 Revenues Up 12%

The Mirror is to unveil a new Saturday package to attract new readers to the title. It will move the successful women’s supplement, M, from Tuesday to Saturday to join its TV listings guide The Look.Set to launch on February 10, the move will coincide with the arrival of the paper’s new astrologer, Jonathan Cainer.… Continue reading Mirror Unveils £10m Boost To Saturday Offering

Cable company Telewest Communications this morning issued fourth quarter operating statistics, ahead of its annual preliminary results due on 22 March 2001. The company added 37,557 residential customers in the last quarter of the year, taking the total to 1.7 million. The recently introduced high speed internet service – Blueyonder – has also met with… Continue reading Telewest Fourth Quarter Results Delivering On Target, Says Singer

J Walter Thompson has announced the purchase of Black Cat Holdings, a UK-based direct marketing agency. The move continues the recent acquisitional spree of parent company WPP as it looks to strengthen its high growth areas.Specialising in direct, loyalty, interactive and promotional marketing the group is the fourth largest independent company of its kind in… Continue reading JWT Acquires Black Cat Holdings

Granada Media and Carlton Communications are reported to be close to merging their online assets in a deal which would ensure a more unified approach to the ITV brand on the internet.Granada is planning to ditch its G-Wizz site to focus on promoting www.itv.co.uk, which has suffered as a result of the federal nature of… Continue reading Granada And Carlton To Unite Online Assets

Fears of an advertising slowdown were betrayed by a lack of market confidence in media stocks last week, with more showing a week on week fall than showed gain. A trading update from Capital had an upbeat tone (see Capital Radio Reports Increased Revenues) but did not live up to expectations and caused some brokers… Continue reading Sharewatch

Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Campaign Media Business.Wednesday Marketing Week holds a one-day conference on Digital Radio at the Cafe Royal, London, with speeches and discussions from the main players in the new medium, including Quentin Howard, CEO of Digital One, and Phil Riley from Chrysalis Radio.An annual… Continue reading The Week Ahead

29 January 2001 The company behind the idea of the free morning newspaper, Sweden’s Metro International, has today announced the launch of a new newswire and information service called Metro World News. Versions of Metro International’s free Metro newspaper are now published in 18 cities around the world and the business model has been adopted… Continue reading Metro International Seeks Savings In Global Publishing

Publishing companies in the UK have joined forces to ensure positive recognition of their industry as convergence gains pace. The Newspaper Society, the Publishers Association, Newspaper Publishers and the Periodical Publishers Association have formed the UK Publishing Media alliance to reflect the rapidly evolving nature of publishing into a range of connected and overlapping businesses.A… Continue reading Publishing Bodies Form Alliance To Represent Industry Concerns