More Media Business articles

Global media and market research company Aegis Group is confident of the coming year, despite a broader downturn in the advertising market, according to its financial results this morning. It has reported a rise in pre-tax profits of 21.4% to £78.4 million and turnover of 19.2% to £5.7 billion. The figures are in line with… Continue reading Aegis Confident For 2001 As Profits Rise 21%

According to a new report by Forrester Research the UK online leisure travel market will grow from just £592 million in 2000 to upwards of £3.7 billion in 2005, representing 14% of total leisure travel sales in 2005. The report also indicates that suppliers will need to refine their services more in order to cater… Continue reading UK Online Leisure Travel Industry Will Be Worth

Carlton Communications shareholders have formally approved the sale of Technicolor to Thomson multimedia at an Extraordinary General Meeting held this morning. The terms of the disposal value Technicolor at $2.03 billion (£1.41 billion). The sale has received French, EU and US regulatory approval and is expected to be completed on 16 March 2001.

The Wellbeing Network, a joint venture TV channel produced by Granada Media and highstreet pharmacy Boots, is to launch on Wednesday 14 March on the Sky Digital and ONdigital platforms. The venture, which has received an £18m investment from the two companies will initially consist of the channel, broadcasting between 9am and 9pm daily, and… Continue reading Granada Media And Boots Prepare For Wellbeing Network Launch

Reports in the press over the past couple of days suggest that PA Sporting Life may be put on the market by its owners, the Press Association and Trinity Mirror. The price is rumoured to be somewhere in the region of £25 million and would include the subsidiary site totalbet.com, the online betting site 50%… Continue reading PA And Trinity Mirror Propose Sale Of Sportinglife.com

Radio First has entered a five-year broadcasting deal with BSkyB, it has been confirmed this morning. The arrangement will see Radio First’s network of football club-related digital radio stations broadcast, regionally, via Sky Digital. Shares in Radio First were suspended on Friday pending the announcement (see Radio First Suspends Shares Ahead Of Major Agreement). Radio… Continue reading Radio First Confirms 5-Year Deal With BSkyB

US consumer and business magazines advertising volumes fell by almost 10% during February, according to analysis of data from the Publishers Information Bureau by ABN Amro. Whilst ad pages dropped by 9.7% to 18.6 million, revenues were fairly flat at £1.2 billion, down 0.3% year on year. Media, retail, automotive and technology advertising were weak,… Continue reading US Mag Advertising Drops 10% In February

America’s Internal Revenue Service (IRS) has revealed that 35.4 million Americans filed their federal income tax returns over the Internet in 2000 and figure is expected to rise to more than 40 million in 2001. Many software and financial services companies have developed free or low cost packages enabling people to file their tax returns… Continue reading Many Happ-E Returns For The IRS

BSkyB is believed to be on the verge of announcing a deal which would see it take a minority stake in Radio First. This would be the first step in creating a national digital network based around Premiership football clubs and would see Radio First secure carriage for its planned network of football “fan radio… Continue reading Sky May Take Stake In Digital Football Radio Network

Radio First has this morning suspended its shares from trading on AIM. The directors of the radio group have taken the decision following recent press and bulletin board speculation regarding a potential agreement with a major media broadcasting company.