Peter Salmon, controller of BBC 1, is to step down from his current job and take on the role of director of sport. The role is newly created and will see Salmon become a member of the BBC’s executive committee.The BBC’s flagship channel was criticised in the governors’ annual report earlier this year (see BBC… Continue reading Salmon Appointed BBC Director Of Sport
Tempus Group has announced pre-tax profits of £10.5m for the six months to 30 June 2000. This figure is up 42% on last year’s and caused Tempus chairman Chris Ingham to comment, “Tempus has delivered a very strong performance in the first half of 2000 and we are delighted at the progress being made across… Continue reading Tempus Group Reports Strong Performance In Interim Results
A final decision has been made on which companies will make up the core shareholders of the Digital Radio Group (DRG). Former rivals for digital multiplex licences GWR Group, The Wireless Group and SMG had already decided to team up to bid for five regional licences (see Former Rivals Team Up For Next Round Of… Continue reading Digital Radio Group Announces Final Shareholder Line-Up
On a bad day for media and technology stocks, Merrill Lynch’s faith, or rather price target, for BSkyB was raised slightly thanks to the company’s recent carriage deal with NTL (see BSkyB And NTL Strike Channel Supply Deal). Nevertheless, shares ended down 37p at £11.20.Heavier losses were seen among the telecoms companies, with Cable and… Continue reading Sharewatch
Pan-European broadcaster RTL has announced its first set of interim results since floating on the UK stock exchange 2 months ago (see RTL Lists On Stock Exchange With Value Of £16.6bn). The group has seen pre-tax profits increase by 46% to E316m, while net profits have fallen from E198m for the same period last year… Continue reading RTL States Joining FTSE 100 Index As Medium Term Aim
Global ecommerce will be worth $6.8 trillion by 2004, according to a new report from Forrester Research. The industry is already worth $57 billion today. The growth in online business will cause traditional manufacturing supply chains to disappear, replaced with networks of companies conducting business in real time via the internet, says Forrester. Current inefficiencies… Continue reading Ecommerce Threatens Traditional Manufacturing Chains
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The underlying rate of inflation in the UK has fallen to its lowest since records began to be compiled in 1975. At 1.9%, it is well below the government’s target of 2.5% and is markedly lower than last month’s figure of 2.2% (see July Sees Steadying of Inflation Rate).According to the Office of National Statistics,… Continue reading Inflation Rate Hits Record Low
BBC Worldwide is to launch a marketing campaign to promote its shopping portal, beeb.com to the ‘middle England’ market. A total of £7 million is being spent on the cross-media campaign, which is based around a prime-time TV commercial, the first showing of which will be at 6.30pm on 18 September. The TV advertising will… Continue reading Beeb.com Campaigning To Attract Reluctant Middle England Net Shoppers
Capital Radio is to extend is Century brand into the London market with the launch of a digital version of its music station on the CE digital multiplex (see Capital And EMAP Win First London Digital Licence). Century London will begin broadcasting on 21 September.The move coincides with the launch of a new image for… Continue reading Century Radio Brand Extended To London
