Greg Dyke, the incoming director general of the BBC, is set to take up his post full-time at the end of January, two months earlier than had originally been planned (see Dyke To Be Next BBC Director General).The Corporation’s current director general, Sir John Birt, has decided to step down on 28 January after receiving… Continue reading Dyke To Take Control Of BBC Two Months Early
Worst performing media company of the year was Reed International which opened trading on New Year’s Eve down 15p at 463˝p. The publisher failed to respond quickly enough to the internet in 1999 and spent most of the year trying to find a new chief executive.Granada entered 2000 on a good footing, rising 28p over… Continue reading Sharewatch
Revised forecasts by CIA MediaLab for 2000 set the rise in total adspend at 5%, 1% higher than previously expected. Media inflation, however, will remain unchanged at 3.7%, with a 0.5% increase in audience.The highest year-on-year change for advertising expenditure will come from online ads, which the group predicts will rise by 106% to a… Continue reading Total Adspend Will Rise By 5% In 2000
Scott and Clare, along with all the Newsline contributors, would like to wish all our readers a very Merry Christmas and a top 2000…Newsline will be taking a break over the holidays, so in the meantime we have put together a look back at the key events of 1999 which will be online throughout the… Continue reading A Merry Christmas And Millennium From Newsline
Music and radio group Chrysalis surged up 217˝p (17.2%) yesterday after announcing a partnership with US group rivals.com to develop Europe’s largest online network of sports team websites. Chrysalis closed yesterday at 1,480p.Shares in United News & Media were boosted by the announcement that the company has appointed advisors to dispose of its non-core businesses… Continue reading Sharewatch
UK cinema admissions rose by 27.4% year on year for November 1999 according to the latest figures released by the Cinema Advertising Association (CAA). During November films including The Sixth Sense and The World Is Not Enough contributed to the 13.1 million admissions.Average weekly admissions for the month were 3.1 million, 27.0% higher than November… Continue reading Cinema Admissions Up 27% In November
US magazines national advertising spending is set to grow by 7.5% in 2000 according to forecaster Robert Coen, senior VP and director of Forecasting at Universal McCann, a unit of McCann Erickson Worldwide.US Magazines, which saw national ad spending rise to more than $11 billion in 1999, a 5.5 per cent increase, should do even… Continue reading US Magazines National Adspend Set To Grow By 7.5% In 2000
Two members of the cast of US sitcom Friends are believed to be quitting the series. The Independent newspaper has reported that David Schwimmer and Lisa Kudrow are planning to leave the show, just a week after Channel 4 outbid Sky to secure the broadcast rights to the series for a further three years (see… Continue reading “Friends” To Quit After £125m Deal
Internet service provider Freeserve has appointed a senior member of the board of America OnLine as its chief operating officer. Frank Keeling, who currently works as senior vice-president at AOL Europe, will take up the position.Keeling, who has been at AOL for four years and played a key role in bringing the internet group to… Continue reading AOL Director Defects To Freeserve
Carlton Communications jumped 27p to 596p as the group continued to focus its media business in preparation for a merger with United News & Media by announcing the sales of audio consoles manufacturer Solid State Logic (see Carlton Continues Media Focus With SSL Disposal).Shares in regional publisher Newscom remained static as bid proposals for the… Continue reading Sharewatch
