More Industry News articles

The board of United News and Media (UNM) has decided to exercise the option in its merger agreement with Granada Media which allows it to receive cash of £1,250m instead of Granada Media shares as the balance of consideration for UNM’s ITV and related assets. In September the company announced that if it took the… Continue reading United News and Media Announces Intention To Repurchase Shares

United News and Media has announced that its profits for the year are likely to be in line with expectations, thanks in part to the disposal of £3.25bn of its consumer media assets. As a result it has confirmed that the company will be renamed United Business Media from Monday 18 December, and will restructure… Continue reading United News And Media Predicts Profits In Line With Expectations, Confirms Name Change

IPC is to close the doors on its 73 year old NME and on nme.com.The news comes just a week after Emap announced the closure of Select magazine, as changing music tastes take their toll on the indie magazine market (see Melody Maker‘s circulation has dipped to a point where we could also not sustain… Continue reading IPC To Close Melody Maker

Daily Mail & General Trust has reported a 7% dip in pre-tax profits during 2000. The group said increased expansion costs were to blame for the drop, as profits fell to £191m for the 12 month period to 1 October, compared to £205m for the same period last year.Investment costs reached £69m across the period,… Continue reading Expansion Of Metro Eats Into Profit At DMGT

As the industry continued to react to the Communications White Paper (see Industry Gives Cautious Welcome To White Paper) the reaction on the stock market was mixed.Capital Radio was downgraded by some analysts, in the face of uncertain legislation about radio ownership restrictions. As a result, shares fell £1.20 in value, ending at £12.00.More favour… Continue reading Sharewatch

The use of strong language on television, radio, in print and on outdoor advertising remains a matter of concern for most adults, according to new research published by the Advertising Standards Authority (ASA), the BBC, the Broadcasting Standards Commission (BSC) and the Independent Television Commission (ITC). For the most part, perceptions of the severity of… Continue reading Public Still Concerned By Strong Language In Advertising, Says Report

IPC has released results for the year which has seen a revival of the past – in the form of the Nova relaunch and an embracing of the future with the success of digital brand unmissabletv Profit before tax for the company, which introduced a new, brand-focussed strategy in June, reached £15.1m, compared to a… Continue reading IPC Announces More New Media Investment And NTL Deal For Unmissabletv

The use of strong language on television, radio, in print and on outdoor advertising remains a matter of concern for most adults, according to new research published by the Advertising Standards Authority (ASA), the BBC, the Broadcasting Standards Commission (BSC) and the Independent Television Commission (ITC). For the most part, perceptions of the severity of… Continue reading Public Still Concerned By Strong Language In Advertising, Says Report

Yesterday’s Communications White Paper produced a mixed response from the media industry. The blueprint for the regulation of communications in the digital age was welcomed with caution by most industry bodies, and drew criticism for dodging important issues such as cross-media ownership and the creation of an independent regulator for the BBC. The biggest sweeping… Continue reading Industry Gives Cautious Welcome To White Paper

WPP has announced the acquisition of Premiere Group, a sports marketing and sponsorship consultancy which specialises in the sale of commercial rights for sports and arts organisations.Premiere consists of two companies, Premiere and Premiere Consulting. Premiere’s clients include Manchester United, Real Madrid, Juventus, the Arrows Formula 1 team and the Subaru World Rally team. The… Continue reading WPP Acquires Premiere Group