As was widely anticipated, Star Wars Episode One: The Phantom Menace last weekend smashed all previous opening weekend box office records. By Sunday 18 July the film had taken £9.51 million in the UK.Episode One opened on Thursday 15 July (although some London screens opened at midnight on Wednesday) rather than the usual Friday opening… Continue reading Star Wars Episode 1 Smashes Box Office Records
After confirming that it has entered exclusive merger talks with NTL, Cable & Wireless (C&W) rose 12p to 827p yesterday (see NTL Enters Exclusive Negotiations With Cable & Wireless). Cable & Wireless Communications (CWC), C&W’s UK cable TV and telephony subsidiary and target of the merger, dropped 6˝ to 725p. Telewest Communications, which was also… Continue reading Sharewatch
Total terrestrial television revenue for June 1999 (including GMTV) stood at £204.7 million, according to agency estimates. Of this, ITV took £140.6 million, a rise of 7.3% year on year; Channel 4 drew in £45.8 million, up 12.0% on June 1998 and Channel 5 took £13.6 million, a rise of 34.0%.Revenue for GMTV continued to… Continue reading TV Revenue – June 1999
Three senior media buyers will next month open a new agency offering advertisers a quality of service which the founders believe is not always available from some of the larger agencies. Richard Britton, former media director at CIA, Nigel Breckon, previously press director at Carat and Bill Jones, who headed MediaCom, will open the doors… Continue reading Senior Buyers Form Start-Up Agency
EMAP Metro this week unveiled the new look to its weekly listings magazine, Heat. The title has undergone design and editorial changes in what might be the last attempt to boost its circulation to the target level of 100,000 a week. Heat is currently circulating at around 60,000 copies per week.EMAP chief executive, Kevin Hand,… Continue reading New Look For Heat Magazine
The BBC has this morning denied reports that it is planning to float its commercial internet venture beeb.com. A spokesperson for the Corporation described a report in today’s Times as “wild speculation” ahead of the Davies Report which is examining possible new ways of funding the BBC.The Davies Report is expected to be released in… Continue reading Beeb.com Flotation Denied By BBC
Cable & Wireless Communications’ (CWC) digital television service will offer interactive advertising from early next year in a system developed by interactive TV games company, Two Way TV. CWC’s digital cable TV service, which launched at the beginning of this month (see CWC Offers ‘More Than Just TV’ In £20m DTV Campaign), already features a… Continue reading C&W And Two Way TV Develop Interactive Advertising Service
Anglo-Dutch publishing group, Reed Elsevier, has this morning announced the appointment of a new chief executive after an 11 month search. Crispin Davis is to fill the role of chief executive officer from 1 September; he will also become CEO of Reed International and chairman-designate of the executive board of Elsevier NV.Davis moves to Reed… Continue reading Reed Elsevier Concludes Search For Chief Executive
Total terrestrial television revenue for June 1999 (including GMTV) stood at £204.7 million, according to agency estimates. ITV total revenue rose 7.3% year on year, Channel 4’s was up 12.0% and Channel 5’s rose by 34.0%. Revenue for GMTV continued to drop in June, this time by 2.1%, according to the estimates. Total revenue for… Continue reading TV Revenue – June 1999
Stock in Cable & Wireless Communications (CWC), the UK cable telephony and TV operator, is benefiting from the merger offers tabled by both NTL and Telewest Communications. The group this morning announced that it has entered exclusive negotiations to complete a deal with NTL (see NTL Enters Exclusive Negotiations With Cable & Wireless). CWC closed… Continue reading Sharewatch
