Rupert Murdoch’s News Corporation has announced the closure of its internet arm, News Digital Media. Production of its websites – Foxnews.com, Foxsports.com, and Fox.com – will be transferred to the respective news, sports and general entertainment divisions of the television company.The decision to combine the TV and online platforms of Fox will lead to “significant… Continue reading Murdoch Announces Closure Of Internet Arm
Despite its success in attracting women to mid-market newsprint with the Daily Mail, Associated Newspapers’ Associated New Media (ANM) failed to transfer the formula online the first time around with CharlotteStreet.com. Tomorrow will see the start of the second assault, with the launch of femail.co.uk, which aims to keep the aspects of CharlotteStreet which worked… Continue reading Website Review: femail.co.uk
WPP has announced the acquisition of Imaginet, an US-based e-services consultancy. This is the second deal the group has made since the new year, following the purchase of Deen + Black on Wednesday (see WPP Buys US-Based PR Firm), and continues its strategy of developing new media interests both internally and through new ventures.Imaginet develops… Continue reading WPP Acquires Imaginet
ITV is expected to miss its 38.5% peak-time share target for 2000 despite a successful autumn season and a narrow victory in the Christmas Day ratings battle. Although full BARB figures for the year are not yet available, it is believed that the network average will be 37.1%.ITV originally promised a 40% peaktime share for… Continue reading ITV To Miss Peak Time Share Target
Future Network released its second profit warning in three months yesterday (see Future Network Issues Second Profits Warning), causing another drastic reduction in its share price, which ended down 59p on yesterday’s price at 85p, in sorry comparison to the 52 week high of £9.26 achieved last February. The company in part blames the slowness… Continue reading Sharewatch
The big names of commercial broadcasting are clubbing together to try and thwart the BBC’s plans to launch digital rivals to their channels. BSkyB, Telewest and Turner Broadcasting are said to be included in a consortium of seven which is accusing the Culture, Media and Sport Secretary Chris Smith of allowing the BBC to abuse… Continue reading Commercial Broadcasters Demand Tighter Reins On BBC Digital Plans
Magazine group Future Network has issued a new profits warning, just two months after it revised its previous estimates. In a trading update released this morning the group said it will not achieve the profits, revenues and EBITA estimates laid out in November. Underlying profits for the year to December 2000 have now been reduced… Continue reading Future Network Issues Second Profits Warning
The adspend boom enjoyed by many sectors of the media following the huge growth in dotcom companies over the last couple of years is now starting to slow a little. Whilst most forecasts for online retailers and e-commerce companies predict continued growth and increased consumer spend, the marketing budgets for many dotcoms are being tempered… Continue reading Insight Analysis: Media Growth For 2001 Subdued As Dotcom Fallout Takes Effect
The adspend boom enjoyed by many sectors of the media following the huge growth in dotcom companies over the last couple of years is now starting to slow a little. Whilst most forecasts for online retailers and e-commerce companies predict continued growth and increased consumer spend, the marketing budgets for many dotcoms are being tempered… Continue reading Feature: Media Growth For 2001 Subdued As Dotcom Fallout Takes Effect
Magazine group Future Network has issued a new profits warning, just two months after it revised its previous estimates. In a trading update released this morning the group said it will not achieve the profits, revenues and EBITA estimates laid out in November (see Future Shares In Freefall As True Cost Of Accounting Errors Is… Continue reading Future Network Issues Second Profits Warning
