Trinity Mirror has agreed to sell its Belfast Telegraph arm to Independent News & Media for £300 million and announced plans to invest up to £150 million in internet strategy. The news emerged as the group reported its first financial results since its merger last year.Disposal of Belfast Telegraph Newspapers, which includes the Belfast Telegraph… Continue reading Trinity Mirror Sells Belfast Telegraph To Independent
Total advertising revenue will grow by 5% in 2000 to just under £9900 million, according to the latest estimates from Optimedia. The internet will continue to generate record increases in revenue and significant growth can also be expected in the outdoor and radio industries.During 1999 total ad revenue grew by an estimated 7% to a… Continue reading Net Ad Revenue To Overtake Cinema In 2000
EMAP has announced a series of initiatives to expand its digital operations. It plans to spend up to £75 million on digital activity until March 2001 and EMAP Digital, which houses its online operations, will become a separate division .Headed by Paul Keenan, the division will be responsible for all online assets globally and will… Continue reading EMAP Announces Digital Plans
EMAP followed in the footsteps of BSkyB, Pearson and Reuters yesterday when it announced plans to further its internet business (see EMAP Announces Digital Plans). Media stock was still out of favour, however, and shares in the publishing group fell 183p to £13.16.Reuters was one of the worst performers on the FTSE with stock falling… Continue reading Sharewatch
The UK will be the most advanced digital television market in Europe by 2004, with almost 10 million digital homes, a new report has shown. According to technology research company Datamonitor, the UK and France will lead digital developments in Europe and by 2004 the UK will have 9.9 million digital TV homes, representing 27%… Continue reading UK Will Lead European Digital TV Development, Says Datamonitor
Members of the London Stock Exchange voted yesterday to convert the institution from a mutual to a public company. The move will give its 298 members shareholder status in the business, with share dealing due to begin in late April.Media stock tumbled yesterday as the London market’s reacted to a record fall amongst so-called TMT… Continue reading Sharewatch
Outdoor advertising company the More Group has announced the launch of two new poster formats. Golden Squares is a new elevated billboard format, and Scrolling 48s will be the largest scrolling format in the UK, with 6 faces and 48 sheets.Golden Squares will be the first new billboard format to be launched in over ten… Continue reading More Group Launches New Poster Formats
The UK will be the most advanced digital television market in Europe by 2004, with almost 10 million digital homes, a new report has shown. According to technology research company Datamonitor, the UK and France will lead digital developments in Europe and by 2004 the UK will have 9.9 million digital TV homes, representing 27%… Continue reading UK Will Lead European Digital TV Development, Says Datamonitor
UK cinema admissions reached 10.6 million in January, representing an increase of 3.6% compared to last year’s figures. Average weekly admissions came in at 2.39 million, according to the latest figures released by Carlton Screen Advertising.Boosting sales during this month were Sleepy Hollow, which took £8.7 million at the box office, Angela’s Ashes, and James… Continue reading Cinema Admissions Up During January
Channel 5 has signed an airtime-for-equity deal with internet start-up company Rapidinsure.co.uk. The deal, the first of its kind for a UK terrestrial broadcaster, will see C5 take a 8% stake in the new company in exchange for sponsorship on the channel.Channel 5 has been holding discussions with a number of new media companies since… Continue reading C5 Signs First Airtime-For-Equity Deal
