More Media Business articles

ITV has said that ITV1’s advertising revenue for the first half of 2007 will be down by 9.6%, whilst ITV Plc’s total advertising revenue is down by 7.5%. In an AGM statement released today, ITV said that its family of channels (including GMTV) achieved a viewing share in multichannel homes of 21.9% which was slightly… Continue reading First Half Decline For ITV1 Ad Revenue

BT has announced its fourth quarter (January-March) and its full year 2006/7 results, with its Q4 revenues up 3% on the same period last year to £5.2 million. BT said that its strategy of focusing on convergence continued to deliver in Q4. Networked IT services contract wins were £2 billion in the fourth quarter taking… Continue reading BT’s Q4 Revenues Up 3%

Emap chief executive Tom Maloney has quit the group with immediate effect. Alun Cathcart, non-executive chairman, will become interim executive chairman carrying out the chief executive role until a permanent appointment is made. Alun Cathcart, executive chairman, said: “The board thanks Tom for his dedicated service to Emap throughout his career and for the last… Continue reading Emap Chief Executive Leaves

Former ITV commercial and marketing director, Jim Hytner, has been tipped to return to the broadcaster following Ian McCulloch’s decision to leave his commercial director role. McCulloch will depart this summer after 27 years at the broadcaster, having been promoted to his current position in late 2005. McCulloch’s resignation had been rumoured for some time… Continue reading Hytner Could Return To ITV

Thomson and Reuters have agreed a merger which will see the Canadian news group Thomson pay approximately £8.7 billion for Reuters. The combined business will be named Thomson-Reuters, with Reuters chief executive Tom Glocer becoming chief executive of the merger company. The deal has the backing of the Reuters Founders Share Company which has the… Continue reading Thomson And Reuters Agree Merger

Endemol has been bought by a consortium including John de Mol, Endemol co-founder, and Silvio Berlusconi, former prime minister of Italy, for £1.8 billion. Telefonica sold its remaining 75% stake to the consortium and as part of the agreement, Mediaset, Berlusconi’s TV production company, John de Mol and Goldman Sachs have agreed to make a… Continue reading John de Mol Buys Back Endemol

Ashley Highfield, director of BBC future media and technology, announced today at the FT Mobile Media Conference that Matthew Postgate has been appointed as the BBC’s controller of mobile.Postgate will have specific responsibility for coordinating the corporation’s public service presence across mobile platforms.Highfield, speaking at the Dorchester Hotel in London, said: “Mobile is an increasingly… Continue reading BBC Appoints Controller Of Mobile

Each week, MediaTel INSIGHT brings NewsLine readers a round-up of the latest news from the City affecting the media industry.The new online television service Joost (see Joost Ready For Lift Off) revealed that it five parties invested $45 million in the company.Index Ventures, a European capital firm, Sequoia Capital, which has invested in Yahoo! and… Continue reading Media In The City

Iostar, the television start-up which former head of Sky Networks Dawn Airey recently left, is to reveal today that it is going into liquidation. According to a report in today’s Guardian the company will release a statement saying “The board of Iostar has considered a number of options to continue the business according to a… Continue reading Iostar To Go Into Liquidation

Chrysalis has announced a 9.1% decline in radio revenues for the six months from September to February this year. Chrysalis, which owns Heart, LBC and Galaxy, said that the decline was due to poor radio ad takings, adding that revenues for its third quarter are likely to be flat and forward bookings for the fourth… Continue reading Chrysalis Radio Revenues Decline