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Trinity Mirror shares have fallen by over 3% or 14½p this morning, as condemnation of the Sunday Mirror for publishing an interview with the father of the victim in the Leeds footballer trial continues to mount. Both the defence and the prosecution in the trial of Lee Bowyer and Jonathan Woodgate for affray and GBH… Continue reading Trinity Mirror Shares Fall As Fears Of Contempt Charge Rise

US television network Viacom has been given a temporary reprieve from the audience reach limit of 35%, as it waits for its case to be decided in the Court of Appeals. The group recently pulled out of the National Association of Broadcasters (NAB) over its support for the limit, which is set by the Federal… Continue reading Viacom Given Temporary Audience Limit Reprieve As Courts Reassess Rules

ONdigital owners Carlton and Granada are expected to announce spending cuts at the digital broadcaster when they reveal the latest subscription figures in two weeks time, according to a report in today’s Daily Telegraph. At present the company is spending around £3m every year thanks to the heavy subsidies on set-top boxes. Yesterday ONdigital’s chief… Continue reading Carlton And Granada May Implement Spending Cuts At ONdigital

Over one third of the top advertisers in terms of spending significantly cut their investments during last year, including the top spender, Proctor & Gamble, which spent £123m promoting brands such as Pringles, Fairy and Lenor, 24% less than in the previous year. Total adspend for the top 50 biggest spenders was £2,070,795, up just… Continue reading One Third Of Top Ten Advertising Spenders Cut Investment Last Year

Granada Media has abandoned the plans it had to form a production company with Australian broadcaster the Seven Network. Red Heart was formed 18 months ago, but has failed to achieve the goals set. It will now be retained as a vehicle for co-production between the companies. It is thought that the opportunity for Granada… Continue reading Granada Abandons Australian Production Joint Venture

GWR Group plc’s 63% owned subsidiary, Digital One, announcement today that they are to enter into a strategic agreement with Imagination Technologies plc to jointly develop, fund and market a low power, low cost digital Base-Band chip and the reference design for a digital radio receiver module. The agreement will result in smaller, lighter, portable… Continue reading Cost Of Digital Radio Set To Fall

Pearson is to cut around 40 jobs from its online division, which includes FT.com, in order to steer its businesses towards profitability by the end of 2002. The job losses will occur across the FT internet businesses, including FT.com, FT Careerpoint and FT Your Money. The reduction in staff is said to result from the… Continue reading 40 Jobs To Be Cut At Online FT

In his statement at today’s annual general meeting, SMG chairman Don Cruickshank told shareholders that first quarter trading at the core television division is down around 9% on last year and stated that the higher licence payments for its ITV franchises would also be a burden In television, trading is down approximately 9% on the… Continue reading SMG Issue AGM Statement

Viacom has has pulled its CBS and Infinity Broadcasting networks out of the US’ National Association of Broadcasters (NAB) after a continued disagreement over the television audience limit imposed on each broadcasting group. The move follows similar withdrawals from Fox and NBC. The major networks have all left NAB because it agrees with the Federal… Continue reading Viacom Networks Leave NAB Over Audience Limit

Digital TV could be in the homes of 50% of consumers by 2002, according to new research. A Gallup poll undertaken for Pace Micro Technology revealed that in addition to the 28% of consumers who already take digital services, 13% intend to switch within 12 months. When this total is added to the number of… Continue reading 50% Of Homes Could Be Digital By 2002, Says Research