The rocky ride of the proposed merger between British Telecommunications and MCI Communications was finally put to an end today as BT pulled out of the deal following a further offer by rival bidders WorldCom.This morning WorldCom was reported to have increased its bid for MCI from $30m to $37m. As a result BT, which… Continue reading BT/MCI Merger Collapses
The Sunday Telegraph achieved a year on year sales growth of almost 24% for May-October to take its circulation to 886,954. The Daily Star meanwhile had the distinction of being the only tabloid to record a growth in circulation during the period, showing an 8% growth to 730,742 copies sold.Both the Daily Mail and FT… Continue reading National Newspaper ABC Summary – October
The appointment of Kevin Hand as Emap’s new chief executive was met well by the City as shares rose steadily throughout the week reaching 887˝p by close on Friday. This represents a rise of 28˝p from the beginning of the week and also coincides with the announcement of Emap’s new women’s magazine, Red (subscribers see… Continue reading Sharewatch W/E 14/11/97
Monday A summary of the national newspaper October ABC figures will appear on Newsline.Cable & Wireless Communications will report half year financial results which are expected to show pre-tax profits of around £50m.Tuesday The Retail Prices Index for October is announced.Wednesday An MRG Evening Meeting will take place at Leo Burnett to discuss ‘Capital Youth’,… Continue reading The Week Ahead
Cathy Lowe has been appointed as New PHD’s head of radio, after the position had been vacant for almost eight months. Lowe joined this week after a year out of the industry and will report to Morag Blazey, one of New PHD’s media directors.…D’Arcy Masius Benton & Bowles has poached one of Saatchi & Saatchi’s… Continue reading Appointments Briefs
Digital Terrestrial TV’s penetration rate is forecast to grow from 0.3% in 1998 to 6.5% by 2003, lagging far behind broadband cable penetration which will stand at 32%, accoring to research from Merrill Lynch.UK Pay TV Penetration Rate Forecasts 1997 1998 1999 2000 2001 2002 2003 Cable Penetration 23.3 25 26.5 28 29.5 31 32… Continue reading Digital TV Penetration Forecast At 6.5% For 2003
Katz UK, the media sales house, has restructured its management in accordance with a move away from cable television and spot sales contracts to concentrate on its radio and international media interests.As a result David Foreham joins Katz from SIRS as managing director, Katz radio sales. Bridget McCarney has been promoted to managing director of… Continue reading Katz Restructures Away From TV
BSkyB and Cable & Wireless have finally confirmed the speculation of a joint pay-per-view (PPV) project (subscribers see Cable Consortium Forging Second PPV Deal). The two companies are to co-operate on the launch of BSkyB’s digital television services next Spring. The deal will see BSkyB providing C&W’s analog and digital systems with its PPV service.This… Continue reading BSkyB And Cable And Wireless Join Forces
VNU Business Publications has sold its Internet World title to Mecklermedia, the US owner of the Internet World name. The last issue of the magazine under VNU will go on sale this month, cover dated December.It is, as yet, unclear what plans Mecklermedia have for the title.VNU: 0171 316 9000
Despite the good increases in sales during September, readership fell year on year for all but four national newspapers during the same month.Only the two Telegraph titles along with the Daily Mail and Guardian showed increases. The Sunday Telegraph boosted its readership by 16.7% to 2.392 million with the help of its subscription scheme while… Continue reading National Newspaper NRS – September
