“Healthy” advertising growth of 5.3% is expected at the Mirror Group in 1998, according to a report published by Merrill Lynch.The firm has also put an Accumulate rating on the media group’s shares, due to its current low value and projected solid earnings growth of 7.5% per annum to the year 2000. However, Merrill Lynch… Continue reading Good Ad Growth Expected At Mirror
The ITC has today published the revised Channel 4 licence which extends and clarifies the channel’s remit and its public service commitments.Many of the changes arise from the decision by the Government to phase out the C4 Funding Formula (subscribers see C4 Funding Formula To End) which allows increased resources to be deployed in programming… Continue reading ITC Revises C4 Licence
The Modern Review has allegedly been put up for sale by its shareholders. According to a report in the Sunday Business private investors are in discussion with a number of publishing companies who are interested in the magazine, which was relaunched in September last year (subscribers see Relaunch First Issue Review – Modern Review).Those involved… Continue reading Modern Review “Up For Sale”
“Local marketing is set to grow”, according to a report from the Henley Centre.‘The Future of Local Marketing’ highlights two key issues: the way in which growing levels of convenience when shopping for goods and services are reflected by shrinking catchment areas, which results in improved efficiency of cover for local media, and marketers should… Continue reading ‘Local Marketing Set To Grow’ Predicts Henley Centre
British Digital Broadcasting, the UK consortium which will be launching digital terrestrial television in the Autumn, has chosen SECA to provide the set-top box encoder which will allow viewers access to its channels.This is a blow to Rupert Murdoch who hoped BDB would choose the News Datacom system, which is owned by his News Corporation… Continue reading BDB Snubs Murdoch In Decoder Choice
CIA MediaLab’s research director Anthony Jones will be joining Optimedia as its new head of European research.Jones will head-up the agency’s Research Council, which draws together the different research findings from all of Optimedia’s European offices.Optimedia: 0171 935 0040
Radio Investments Ltd, the UK radio investment company, has announced record pre-tax profits of £3.16 million in the year ending September 30 1997. This is 100% up on the previous year.Contributory factors to this growth were the profit achieved on the sale of Essex Radio and significant contributions from subsidiary companies including Island FM and… Continue reading Radio Investments Announces Record Profit
The Radio Authority has issued a consultation paper which sets out the methodology and procedure which, subject to consultation, it intends to follow when renewing national commercial radio licences.At the moment these licence holders pay sums annually to the Government in the form of an agreed lump sum and a percentage of revenue. The approach… Continue reading RA Issues Consultation On National Licence Renewals
Despite the hype which surrounds breakfast radio and TV presenters, 52% of those who watch TV or listen to radio in the morning claim that the presenters have little to do with their choice of programme.The survey, conducted by the new BMRB division (BMRB Launches New Division), also found that 22% of people choose their… Continue reading 52% Of People Indifferent To Breakfast Show Presenters
Culture Secretary Chris Smith has said that the BBC’s governors should be more accountable to ensure that the corporation does not move away from its key role as a public service broadcaster.Mr Smith said that he wanted to prevent the BBC from being distracted by its growing commercial businesses and a desire to compete with… Continue reading Smith Calls For More BBC Accountability
