Emap has announced drastic cuts to its spending forecast on digital projects. When the company’s new media division, Emap Digital, was established in March this year (see EMAP Announces Digital Plans) it was said that around £250m would be spent on digital projects over the following three years, including up to £75m this year.Announcing its… Continue reading Emap Announces Cuts To New Media Investment Plans
Magazine publishers Future Network made the most dramatic performance among media shares yesterday, as a profits warning issued by the company sent share prices spiralling downwards (see Future Shares In Freefall As True Cost Of Accounting Errors Is Revealed). By the end of the day they had nearly halved in value, ending at £2.60, a… Continue reading Sharewatch
Granada Media claims that ITV is winning the ratings battle against the BBC, which has escalated since it was announced that BBC1’s 9pm news bulletin would move to the controversial 10pm slot (see BBC To Broadcast News At Ten).Before the autumn schedules kicked off, ITV claimed an 8.6% share point lead over the BBC. Since… Continue reading ITV May Be Winning In Autumn’s Ratings Battle
The Independent Television Commission (ITC) is to lift the prohibition on the advertising of services offering to diagnose, advise, prescribe or treat medical or health matters by correspondence. However, in order for licensees to accept such advertising material, staff who provide the remote services must be subject to regulation by statutory of recognised parties, including… Continue reading ITC Makes Changes To Rules On Medical Advertising
Reed Elsevier, the Anglo-Dutch publishing company of which Reed International is a part, announced the launch of a £70m internet investment venture last week (see Reed Elsevier Announces £70m Venture Fund). The news may have been a contributing factor in Reed International being one of the best media performers during the week. Despite falling 2p… Continue reading Sharewatch
Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Campaign Media Business.EMAP releases interim results for the six months ending 30 September 2000.Tuesday The consumer retail prices index for October is released by the Office for National Statistics.Wednesday Full year results released by Scottish Radio, while interim results are made available by… Continue reading The Week Ahead
The creation of Emap’s internal advertising sales house, Emap Advertising, caused enough disruption to have an adverse effect on consumer magazine advertising revenues, according to the company’s first half results, released today. The company stated that “the disruption created by the formation of Emap Advertising resulted in consumer magazine advertising under-performing in a reasonably buoyant… Continue reading Disruption Of Creating Emap Advertising Shrinks Magazine Revenue During First Half
Shares in Future Network have plummeted after the company issued a profits warning to the stock market this morning. The company has indicated that underlying profits for the year to December 2000 will be around £40m, around £6m lower than analysts’ estimates published earlier in the year.Future has given a number of reasons for this,… Continue reading Future Shares In Freefall As True Cost Of Accounting Errors Is Revealed
Channel 4 learned the hard way about the dangers of live broadcasting this summer, and recieved a slap on the wrist from TV regulators the Independent Television Commission (ITC) this month as a consequence. The live broadcast in question was Capital Radio’s “Party in the Park” concert, which was broadcast in the early afternoon on… Continue reading Channel 4 Rapped By Regulators For Swearing Incident During Live Broadcast
The creation of Emap’s internal advertising sales house, Emap Advertising, caused enough disruption to have an adverse effect on consumer magazine advertising revenues, according to the company’s first half results, released today. The company stated that “the disruption created by the formation of Emap Advertising resulted in consumer magazine advertising under-performing in a reasonably buoyant… Continue reading Disruption Of Creating Emap Advertising Shrinks Magazine Revenue During First Half
