SMG has announced yet another stake increase in Scottish Radio Holdings, taking its stake up to 27.7%. SMG has acquired a further 2.8% stake in SRH for £14.6 million, in two separate purchases: 644,000 shares on Monday and 275,000 yesterday.All the shares were priced at 1,587˝p each, its closing price on Monday. SMG has been… Continue reading SMG Builds Scottish Radio Stake To 27.7%
Emap shares dropped 26p to £8.46 yesterday after brokers Commerzbank downgraded the company and was said to reviewing its current £10.10 price target and earnings forecast.Cable companies Cable & Wireless and Telewest both saw increases yesterday as investors returned to the sector, with C&W increasing 53p to £7.48 and Telewest up 14p to £1.42¾.The closing… Continue reading Sharewatch
The Guardian newspaper last week unveiled investment plans for its Saturday edition. Weekend magazine is to become a glossy with 60% more editorial pages and two of the newspaper’s weekday supplements – Space and The Editor – will be added to its current six sections.The move follows similar announcements from its broadsheet rivals, the Times… Continue reading Feature: National Newspapers Look To Boost Female Readership With New Saturday Offerings
Media giant AOL Time Warner announced today that it will create a new TV networks group under the Turner Broadcasting System umbrella, which will include both Turner’s basic cable networks and The WB broadcast network. The division will be the world’s largest television networks group, the company said. The expanded TV networks group will share… Continue reading AOL Time Warner Mergers TV Divisions Into Single Network
Channel 5 has announced another deal with a dotcom company to swap advertising airtime on the station for a stake in the online business. The deal with PetsPyjamas.com is the sixth such swap Channel 5 has negotiated. C5 will provide £2 million’s worth of airtime to PetsPyjamas.com over the next 14 months in exchange for… Continue reading C5 Swaps Airtime For Equity With PetsPyjamas.com
Guardian Newspapers Ltd, today announced the appointment of Simon Waldman, Head of Guardian Unlimited, and Derek Gannon, Head of IT, to the Guardian Newspapers Ltd (GNL) Board. Their titles change to Director of Digital Publishing and IT Director respectively and Waldman and Gannon will join the eleven strong GNL Executive Board with immediate effect. Carolyn… Continue reading Board Appointments At Guardian Newspapers Ltd
When United Business Media last week announced an 11.4% rise in headline profit during 2000, the company reporting was almost completely unrecognisable, even in name, from this time last year. United has chosen its way forward and begun the new millennium making certain it is on track. The new century began with plans for a… Continue reading Insight Focus: United Business Media
German public service broadcasters ARD and ZDF have acquired the rights to show the 2002 and 2006 World Cup competitions after reaching an agreement with Kirch, owner of the European-wide rights to the tournaments. The news follows Kirch’s previous refusal to guarantee the rights to the 2006 competition in a potential DM225 million sale of… Continue reading German Public Service Broadcasters Acquire World Cup Rights
According to recent US Census Bureau data, B2B e-commerce dominated commercial activity in the US in 1999. The “E-stats” report, published today, shows that while e-commerce accounted for a relatively small percent of total economic activity in key sectors of the US economy, e-commerce transactions between businesses (B2B commerce)accounted for a surprisingly large proportion of… Continue reading 1999 e-Commerce Report From US Census Bureau
The Guardian newspaper last week unveiled investment plans for its Saturday edition. Weekend magazine is to become a glossy with 60% more editorial pages and two of the newspaper’s weekday supplements – Space and The Editor – will be added to its current six sections. The move follows similar announcements from its broadsheet rivals, the… Continue reading Insight Analysis: National Newspapers Look To Boost Female Readership With New Saturday Offerings
