Portsmouth & Sunderland Newspapers (PSN) performed strongly yesterday, up by 50p to close at 1,750p. The regional newspaper group is currently the subject of takeover interest from Johnston Press, Newscom and Newsquest.Johnston yesterday purchased a further 2.36% in PSN from an institutional investor and now holds a 17.35% stake in the company. Shares in Johnston… Continue reading Sharewatch
FT.com, the website of the Financial Times, has today launched a new sports section which focuses on the international business of sports. Combining results, events news and special reports, FTSports aims to distinguish itself from other sports sites with its emphasis on the business of sport.The site is split into three sections. Business Of Sport,… Continue reading FT Launches Sports Business Website
At the Newspaper Society’s (NS) Senior Management Forum, which takes place in Dublin on 19-20 April, a £3 million regional press generic marketing campaign will be launched by Neil Griffiths of BDH TBWA.Also at the Forum will be a line-up of speakers, including Charles Brims (chief executive of Portsmouth & Sunderland Newspapers) and Philip Graf… Continue reading Newspaper Society Launches Marketing Campaign
Carlton’s share price rose 6p by the close of trading on Monday. Its internet arm, Carlton Online, announced yesterday that its three websites were to become content providers for the sites owned by BusinessServe and CellNet (see Newsline).Cable & Wireless slid down 15˝p to 792p yesterday, and Telewest, which last week was rumoured to be… Continue reading Sharewatch
Electrical goods retailer Dixons has confirmed it is considering a stock market flotation for a minority stake in its hugely-popular free Internet service Freeserve. Dixons stock rocketed 8% on the news as investors anticipated what could be the most popular share issue of the year.The company said it had appointed City advisers Credit Suisse First… Continue reading Dixons Considers Freeserve Float
Capital Radio has appointed Mark Frost, currently head of online at the BBC, as the managing director of its new media division, Capital Interactive. Frost has been chosen by Capital to spearhead the ‘next stage of growth’ in the group’s interactive output.Frost’s role at the BBC holds him in charge of the largest editorial team… Continue reading Capital Radio Poaches BBC Online Head To Drive Internet Development
New entertainment channel, ITV2, has signed a carriage with Cable London that will see the channel become available to all of Cable London’s residential analogue television customers. ITV2, which launched in December last year (see ITV2 – Not Entirely A Different View), will be accessible to over 96,000 subscribers in north London from 1 June.Andrew… Continue reading ITV2 Signs Carriage Deal With Cable London
Satellite broadcaster, BSkyB has held a meeting with Warburg Pincus to discuss the possible purchase of the latter’s stake in Channel 5. The acquisition of Warburg’s 18% holding in Channel 5 would represent BSkyB’s first move into terrestrial television.However, Tim Allan, director of corporate communications at BSkyB, says that there was only one meeting with… Continue reading BSkyB Dicusses Buying Channel 5 Stake
BSkyB has today launched a new service exclusively targeting the broadcaster’s clients in the commercial marketplace. Sky Business is offering a free digital satellite system to the 30,000 licensed premises which currently subscribe to Sky’s analogue service.Through the Sky Business offering, UK pubs and clubs will be able to receive programming and advertising which is… Continue reading Sky Offers Free Digital Satellite To Pubs
This weekend saw some major sports action on the box as a number of top events took place. ITV’s Sunday coverage of the Newcastle United v Tottenham Hotspur FA Cup Semi-Final drew in an average viewing figure of 5.9 million and an average viewing share of 40% for viewing at that time. Later in the… Continue reading ITV Claims 40% Viewing Share For FA Cup Semi-Final Match
