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
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
ITV and the BBC will broadcast simultaneous coverage of England’s match against Germany as part of Euro 2000. The two channels, between whom live coverage for the competition is split, have confirmed their schedules for the matches this summer.If England reach the quarter finals or semi final, both BBC1 and ITV will show the match… Continue reading Euro 2000 Schedules Pit BBC And ITV Against Each Other
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
Football club Aston Villa has formed a media partnership with NTL, which will allow the cable group exclusive sponsorship and marketing rights in return for a £26 million loan. The deal translates to a 9.99% stake in the football club for NTL.For an initial five-year period NTL’s subsidiary Premium TV will act as exclusive agent… Continue reading NTL Announces Media Partnership With Aston Villa
The development of a host of interactive services is expected to push forward a strong growth in sales for the online retail market, according to new report from Fletcher Research. UK Online Retail: From Minority To Mainstream, shows that interactive (digital) television and mobile phones will help online retailers take 7.5% of the UKÂÂ’s retail… Continue reading Interactive Services To Push Online Retail Growth
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
