RevenueITV’s annual revenue growth showed an improvement on last year as total revenue came in at £1.9 billion, ahead of the Network’s £1.8 billion target. This represents an annual growth of 6.3% and compares to last year’s 4.8%.Estimates from NTC’s Advertising Forecast put 1999 TV advertising expenditure growth at 8.2% and total UK display growth… Continue reading Annual TV Market Round-Up – 1999
Magazine publisher EMAP climbed to a record high yesterday as rumours of an imminent large deal or takeover bid emerged. Prices rose 119p to £16.91.Taylor Nelson Sofres dropped 14p to 262p as Dresdner Kleinwert Benson downgraded stock, stating the view that the shares were now fully valued.The closing prices of media company shares yesterday were:
QVC has announced it is to launch an interactive shopping service on Cable & Wireless Communications’ digital platform. Starting today, the service, announced last year (see QVC Launches Interactive Shopping Service), will allow customers to view and buy goods in real time.Richard Burrell. director of digital media at the channel said: “The launch of the… Continue reading QVC Launches Interactive Shopping Service On CWC Digital
Media group Pearson announced today that it has placed a number of shares to raise money for further investment in internet projects. It confirmed that 11,500,000 ordinary shares were placed at £22 per share to raise approximately £250,000,000.The funds will be invested over the course of the next two years in a number of projects… Continue reading Pearson Places Shares To Fund Further Net Investment
TalkSport has acquired the exclusive radio broadcasting rights for the biggest heavyweight fight ever to be staged in Britain. The UK’s first sports radio station, which launched earlier this month (see Talk To Launch UK’s First Sport Station), will broadcast coverage of the Mike Tyson and Julius Francis fight live from Manchester on Saturday. The… Continue reading TalkSport Secures Rights To Tyson Fight
Commercial radio now has more national stations than the BBC after Digital One announced it is to launch Oneword, the first non publicly funded station dedicated to plays, books, comedy and reviews.The deal between Digital One, which launched the first national commercial digital radio network last year (see Digital Radio Launches In The UK), and… Continue reading Launch Of Oneword Pushes National Commercial Radio Beyond BBC
Rene Carayol has quit as managing director of IPC Electric after just four months in the job. The internet division of the magazine group, which launched in September (see IPC Electric Is Unveiled), has appointed Kevin Kerrigan to the position.A statement released by the group today said that Carayol was leaving to pursue other opportunities.… Continue reading Managing Director Of IPC Electric Quits
The underlying inflation rate remained steady at 2.2% last month, according to official figures. The key index used by the Bank of England to set interest rates, which excludes mortgage interest payments, remained unchanged at 2.2% – still below the Government’s 2.5% target.According to the figures released by the Office for National Statistics this morning,… Continue reading Inflation Steady At 2.2%
Associated Newspapers has changed the name of the North West edition of its Metro title after losing an appeal to use the masthead in the city of Manchester (see Associated Loses Court Appeal Over Metro Title). The paper is now called News North West and continues to distribute in the region.The group lost its right… Continue reading Metro North West Changes Name After Losing Appeal
The amount and share of advertising spend which is placed on the internet are both set to soar over the next few years, but television will remain the marketers’ preferred medium. These are some of the latest findings from Fletcher Research’s Internet AdWatch survey. As the UK’s online population is set to explode – growing… Continue reading Online Advertising Growth To Outperform Market, But Remain ‘Poor Relation’ To Broadcast
