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Anglo-Dutch publishing group Reed Elsevier this morning said that the slowing of the US economy is impacting its business to business operations, although it believes the effects are ‘manageable’. The group said that its science, medical, legal and educational businesses are are largely unaffected by conditions in the US. Chairman Morris Tabaksblat told the company’s… Continue reading Reed Elsevier Optimistic Despite Impact Of US Slow-Down

Global market information company, Taylor Nelson Sofres, has bought the remaining 70% of Taylor Nelson Sofres Mode Private, a leading market information company in India. The original 30% holding was purchased by the group in May 1997. Mode has 200 full time staff across 12 offices in India and also offers coverage in neighbouring countries.… Continue reading Taylor Nelson Sofres Takes Control Of Indian Division

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

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

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

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

According to a report in the Financial Times News Corporation and Vivendi Universal are in talks about merging their Italian pay-TV businesses, Stream and Telepiu. Talks are said to be at an early stage and similar discussions are understood to have fallen through in the past. The main obstacles to such a merger, says ABN… Continue reading News Corp And Vivendi May Merge Italian Pay-TV Businesses, Says FT