It is expected that Mirror Group chief executive, David Montgomery, will step down from the company at this morning’s board meeting following a bitter battle with Mirror’s non-executive chairman, Sir Victor Blank. Whilst some reports suggest that a degree of conciliation may have been reached, the feeling is that Montgomery has lost the confidence of… Continue reading Montgomery Expected To Step Down From Mirror Group
Revenue Estimates from agencies put total terrestrial TV ad revenue at £190.27 million for December 1998. ITV saw a 4.2% increase year on year in its total revenue which rose to £131.62 million in December 1998. Channel 4’s total ad revenue rose by 11.8% to £42.5 million, and Channel 5 enjoyed a rise of 39.4%… Continue reading TV Round-Up – December 1998
The Microsoft Corporation, the giant software company owned by Bill Gates, has struck a deal with cable company NTL to jointly develop new, broadband services for delivery to customers in the U.K. and Ireland.Microsoft announced yesterday that it was to buy a 5% stake in NTL for $500 million (£300 million), to accelerate deployment of… Continue reading NTL Teams Up With Microsoft
ITV has said that it will provide advertisers with details of its schedules two months in advance of broadcast following complaints from the industry that schedules were withheld for too long, preventing advertisers from effectively booking campaigns. Also some programmes were dropped from the schedule after ads had been booked around them. ITV has created… Continue reading ITV Offers Advertisers Earlier Schedules
Mirror Group’s embattled chief executive, David Montgomery, has resigned from the company this morning as expected (see Montgomery Expected To Step Down From Mirror Group). Montgomery has stepped down with immediate effect following the breakdown of takeover talks with Trinity International and the rejection of second bid from Regional Independent Media (RIM) (see Mirror Group… Continue reading Montgomery Resigns From Mirror Group
BBC Online is the second most popular UK site after only a year – 42% of UK users have visited the site within 2 weeks. Only Yahoo! UK & Ireland claimed a larger amount of visits, with 61% of UK users having visited the site in the same period. These findings are according to the… Continue reading BBC Online Second Most Popular UK Website
This morning Mirror Group Newspapers lost its CEO, David Montgomery, amidst takeover discussions with regional newspaper publishers, Trinity International and Regional Independent Media (RIM) (see Montgomery Resigns From Mirror Group). He took the decision to step down ahead of a possible ousting by the company’s shareholders and non-executive director, Sir Victor Blank.Montgomery was seen as… Continue reading Possibilities For Mirror Group
Pearson, the international media group, announced yesterday that it is to sell off some of its business and reference titles. The businesses up for sale include: Jossey-Bass, MacMillan General Reference and McMillan Library Reference.The group, headed by Marjorie Scardino, looks set to make between £180 and £220 million from the sales.Pearson released a promising trading… Continue reading Pearson To Sell Off Business Titles
The Independent Television Commission (ITC) is to carry out an inquiry into the way BSkyB charges for its premium sports and movie channels.Currently, BSkyB’s premium channels are provided at an expensive rate for the first channel supplied, with subsequent channels in the genre offered for just a slight increment in price. For example, the satellite… Continue reading BSkyB To Face ITC Price Enquiry
IPC Magazines is cranking up its marketing drive for the women’s weeklies titles (see IPC Launches £9m Women’s Weeklies Drive), with TV campaigns for Now, Woman and Woman’s Weekly all starting next month. The titles join the campaign for Chat, which launched at the beginning of the year.The £1 million push for Woman, which follows… Continue reading IPC Extends Women’s Weeklies Promo Campaigns
