Reed International continued to do well on the strength of its chief executive Crispin Davies’ positive comments at the Merrill Lynch conference (see Sharewatch). Prices rose 26p to finish at £5.26 at the close of yesterday’s trading. Ulster Television also had a good day, gaining 20p to end at £2.92½.BSkyB shares continued to slump following… Continue reading Sharewatch
Confidence in the future of dotcoms may be wavering on the stock exchange but it has not put Matthew Wright, showbiz editor at the Mirror, off leaving Fleet Street for net-based journalism. Wright has been appointed editorial director for www.mykindaplace.com, the on-line magazine for teenage girls due to launch this summer.Commenting on his decision to… Continue reading Mykindaplace.com To Target Girl Power On The Net
Babies. They’re the new lads, or perhaps the new decorating and gardening. It seems that when Natmags closed its year-old parenting title M last July and integrated Having a Baby into Good Housekeeping (see Natmags Gives Parenting Magazine The Chop), or when Emap Elan folded Parents in August and blamed the absence of a market… Continue reading Feature: Print And The New Media Generation
The Independent Television Commission (ITC) published proposals today relating to the future of regional programming on ITV. They form part of the programme of research and consultation on the future of public service broadcasting on commercial free-to-air channels launched last month (see ITC To Launch Public Service Broadcasting Debate).Despite the fact that more programmes for… Continue reading ITC Proposes Protection For ITV Regional Programming
Local digital radio was born today as the first local multiplexes launched in the UK. CE Digital, the digital broadcasting consortium comprising Capital and Emap, rolled out its multiplexes across London, Birmingham and Manchester.A total of 23 radio services will begin broadcasting to a potential audience of 14 million listeners. In London the first digital… Continue reading Local Digital Radio Launches In The UK
News that European media groups Kirch and Vivendi were getting rid of large amounts of their shares in BSkyB caused the share price of the satellite broadcaster to fall yesterday, by 86p to £12.85.There was more bad news for Emap, which has just lost its finance director, David Grigson, to Reuters. Share prices slumped 55p… Continue reading Sharewatch
The Bank of England has kept interest rates on hold at 6% for the fourth consecutive month. Although there have been some signs of sterling weakening recently, UK industry is likely to want a further evidence of a slow down before rates go up again.
Xilerate, the online division of United News and Media, is aiming for operating profits of £120-150m by 2004. The planned route to this success was outlined by Andrew Nugée, chief operating officer of the division, at the annual Merrill Lynch TMT conference yesterday.Nugée said that the challenge for Xilerate was “to capitalise on the strength… Continue reading UNM Online Promises To Net Profits Within Four Years
Nearly a third of the UK’s internet population lives in the south of England, with 22.7% residing in London. According to new data from MMXI Europe, the further north and east you go, the less likely you are to find members of the nation’s 9.6 million internet users.The survey showed that Scotland, Borders and Ulster… Continue reading North/South Divide Even Exists In Cyberspace
The Broadcasting Standards Commission (BSC) and the Radio Authority aim to co-operate more effectively in handling complaints in the future. A memorandum of understanding has been drawn up between the two regulatory bodies which aims to avoid double jeopardy for complainants and licensees and promote the sharing of information.The new arrangement will see complaints dealt… Continue reading Broadcasting Regulators To Team Up In Complaints Handling
