Reed International moved to the top of the FTSE yesterday after the publisher laid down its internet strategy. Share prices in the group, which plans to invest between £150-200 million on its net plans, rose 59žp to 443p, despite a profits warning.BSkyB jumped 63p to a record 938˝p after the broadcaster bought a 10% stake… Continue reading Sharewatch
The UK’s only weekly sports-dedicated newspaper, Sport First, has created two new partnerships to aid its circulation and distribution.In the first, Sport First has developed a tie-in with the Big Issue that will see Big Issue homeless street vendors selling the sports paper around the London ITV region. If this trial proves successful, the scheme… Continue reading Sport First Creates New Distribution Partnerships
Takeover rumours and a broker’s recommendation helped shares in Cable & Wireless soar to close up 81p at 974˝p. Further rumours of a tie between Pearson and AOL pushed shares in the former to an all-time high of 1,781p, a rise of 143p.BSkyB surged up 62p yesterday on the possibility of a resumption of merger… Continue reading Sharewatch
The Informa Group has bought the Newsletters division of the Financial Times, adding 60 newsletters, 600 management reports and 24 directories to its portfolio. Informa will pay a total of £13.5 million to Financial Times Business (FTB) for the titles which were put up for sale in September.Informa emerged as one of the likely suitors… Continue reading Informa Acquires Financial Times Newsletters
EMAP has this morning announced plans to develop a new digital media initiative targeting the UK’s television production market. In a joint venture with Channel 5 and netdecisions, EMAP will launch produxion.com in January 2000.The website has been developed over the last six months to provide the UK’s television programming market – estimated to be… Continue reading EMAP To Launch Web Portal For UK TV Production Industry
EMAP is putting together plans to launch a TV channel based on its Kiss 100 FM radio station and Mixmag clubbing title. EMAP is hoping to launch the Kiss Mix channel next year although it is understood that carriage deals have not yet been finalised.EMAP already has some experience of operating a television channel through… Continue reading EMAP To Develop Kiss TV Channel
The Independent Television Commission (ITC) has given ITV broadcasters the opportunity to reschedule their regional programmes in order to push up audience figures. The Commission has decided that the ITV companies may move regional programmes which currently air at 5:30pm, against BBC1’s Neighbours, to earlier in the afternoon. The decision follows poor ratings for the… Continue reading ITC Allows ITV To Reschedule Regional Programmes
Sky One, BSkyB’s entertainment channel, has appointed a new general manager. David Bergg, who is currently director of planning and strategy at ITV Network, will report to Mark Sharman, director of broadcasting at Sky Networks.His appointment completes a dramatic new management structure at Sky Networks, which has taken place since Bruce Steinberg announced his resignation… Continue reading Sky One Appoints New General Manager
At its recent Council meeting, the Institute of Practitioners in Advertising (IPA) elected a number of new companies into membership. Ellison Communications, HDM Agency, i-level and Wieden & Kennedy join the IPA to take its total number of agency members to 204.The IPA has also awarded Fellowships to a number of members as recognition of… Continue reading IPA Elects New Members
There was much enthusiasm for media stocks yesterday: Financial Times publisher Pearson rose 117p to its best-ever price of £16.38p amid a host of rumours, particularly in the internet department. The group has been developing its Net presence lately, its most recent venture a deal with online auction house icollector (see Sharewatch). Current rumours include… Continue reading Sharewatch
