Telewest Communications, which has been through some turbulent times of late (see Sharewatch), managed a rise of ½p yesterday to end at £1.70½. Cable & Wireless, meanwhile, jumped 37p to £11.41 and BSkyB dropped 32p to £11.55.Among the radio stations, Jazz FM wavered slightly from its usual steady course to fall ½p to £1.34. More… Continue reading Sharewatch
The Guardian Media Group is expected to announce the sale of its television production interests later this week. Its 50% stake in GMG Endemol, which made Channel 4’s Big Brother, is to be sold to Spanish telecoms group, Telefonica, according to reports.GMG Endemol is a joint venture between GMG and Dutch group Endemol Entertainment and… Continue reading Guardian To Sell Television Interests
US internet advertising revenues almost broke the two billion dollar mark during the first quarter of 2000. The news from the Internet Advertising Bureau’s (IAB) Internet Ad Revenue Report that the figure for that period reach $1.953 billion comes less than a year after the $1 billion per quarter mark was reached.Revenues were reported to… Continue reading Quarterly Revenue From US Online Advertising Nears $2 Billion
It was a case of “they should have known better” this month when complaints were upheld by the Advertising Standards Authority (ASA) against an advertisement placed in industry organ Media Week by the National Advertisers’ Benevolent Society (NABS).The advertisement included a statement which ran along the lines of “God, I can’t wait till I kill… Continue reading ASA Shows No Benevolence To NABS In Violent Advert Complaint
The BBC has poured £189 million into BBC 1’s autumn schedule in an effort to prove that its plans for a themed future for its TV output (see BBC Plans Themed Future For TV Channels) will not see the flagship channel dominated by entertainment.Announcing that the new season will see an extra £10 million spent… Continue reading BBC To Spend £189 Million On Autumn Schedule
Ecast Ventures, the new media arm of GWR Group, has signed a deal with UBC Media Group who will provide entertainment content for the new internet portal, koko.co.uk. UBC already supplies content to the radio group’s 38 FM and AM radio stations.The new deal involves text, audio and video internet packages for the koko brand,… Continue reading GWR Signs New Media Deal With UBC Media
As rumours of a possible bid for Telewest Communications resurfaced (see Cable Industry Mulls Consolidation As Telewest Stock Tumbles) shares in last week’s worst media share performer rose 10p to £1.70 yesterday.Other good performers yesterday included Chrysalis, which ended up 12½p at £2.90, and Pearson which rose 59p to £19.90.On a less positive note, Cable… Continue reading Sharewatch
Paul Castro believes that blue chip advertisers have been lacking a means to reach an economy worth up to £12 billion. This is what he hopes to redress as managing director of Blackserve.com, a black news and entertainment portal which launches on Friday.“About 18 months ago, when I was at DoubleClick, BA came to us… Continue reading Blackserve Aims For Blue Chip Advertisers With Black Interest Website
A few short weeks ago it seemed that the only way Channel 4 got over 3 million viewers was by screening expensively imported US sitcoms in prime Friday night slots or setting fire to another set in disaster-soap Brookside. Who would have thought that 70 grand in prize money, an East-end lock-up full of cameras… Continue reading Big Brother Is Watching Audience Figures Go Up
The monthly cost of Blueyonder, Telewest’s high speed internet service, has been cut by a third, the company has announced. Launched in March this year, the high speed broadband internet service for home PCs originally cost £50 per month (see Telewest And Flextech Report Losses Ahead Of Merger). It will now cost £33 per month,… Continue reading Telewest Cuts Price Of Internet Service
