United News & Media (UNM) this morning becomes the third UK media group this week to announce plans for major internet investments, dedicating £370 million to online businesses over the next two years. United’s web strategy follows similar moves by Anglo-Dutch publisher Reed Elsevier (see Jobs To Go At Reed Elsevier As Part Of Cost… Continue reading UNM To Plough £370m Into Internet Investments
The Government has decided to refer Granada’s proposed bid for either Carlton Communications or United News & Media to the Competition Commission. The media group joined the bidding war for ITV franchises after Carlton and United announced merger plans last November (see Granada Poised To Bid For Rivals).As the ITV network moves nearer to consolidation… Continue reading Granada Referred To The Competition Commission
The Competition Commission will later today hand its report on the proposed £8.2 billion merger between Cable & Wireless Communications (CWC) and NTL to the Department of Trade and Industry (DTI). The trade and industry secretary, Stephen Byers, will then decide whether to follow the Commission’s recommendations on whether the deal should be allowed to… Continue reading Competition Commission Reports On NTL/CWC Merger
Advertising revenues at Carlton Communications have shown an 8% growth in the four months to January 1999, chairman Michael Green told the company’s annual general meeting yesterday. Revenues were bolstered particularly by strong demand from new media, telecommunications and car companies.“The growth in dotcom advertising has been particularly dramatic with 35 new brands advertising in… Continue reading New Media Advertisers Help Boost Revenue At Carlton
Consumer magazine publisher Future Network has launched a web portal for musicians. Seven channels comprising news, reviews, tutorials and webcasts covering all aspects of musicmaking including sampling and dj-ing make up the network at www.intermusic.com, which draws on the publisher’s print background within the music industry. IPC Southbank is to launch a technology magazine for… Continue reading Newsline Brief
Dennis Publishing today launched its first women’s title with the aim of marrying feature editorial with home shopping. PS magazine, a direct-shopping lifestyle title, was unveiled today in both print and online format.The magazine has all the usual features on fashion, beauty, homes, food, health and travel aimed at women aged 25-45. The difference is… Continue reading Dennis Launches PS Magazine
Anglo-Dutch publishing group, Reed Elsevier, this morning said that it plans to achieve annualised savings of £170 million, beginning with projected savings of £130 million in 2000. The money accrued from these savings will go towards a £750 million investment in the internet, Reed announced in its preliminary 1999 results today.However, according to Reuters, the… Continue reading Jobs To Go At Reed Elsevier As Part Of Cost Cutting
Shares in Pearson bounced back after a tumble earlier in the week. Talk of new internet deals pushed stock in the publishing group which closed up 235p at £21.69.BSkyB jumped 5% despite an extension of the regulatory probe into French stakeholder Vivendi (see Competition Commission Extends BSkyB/Vivendi Investigation). Prices rose 81p to £15.83˝.United News &… Continue reading Sharewatch
BT’s promotion of new call charges and the Home Highway internet access service pushed the company to the top of the radio advertisers’ table for the fourth quarter of 1999, according to figures compiled by the Radio Advertising Bureau (RAB). BT’s spend of £3.2 million narrowly exceeds that of Dixons, which ploughed £3.1 million into… Continue reading BT Is Largest Q4 1999 Radio Advertiser
Upmarket men’s magazine Esquire is set to launch a spin-off sports title called Esquire Sports Quarterly, or ESQ, in June this year. The title has been developed as part of Esquire publisher National Magazine Company’s plans to concentrate on the development of its ‘masterbrands’.NatMags has instigated a policy to concentrate on the company’s key brands… Continue reading Esquire To Launch Spin-Off Sports Quarterly As Editor Continues Rebrand
