More Media Business articles

The Independent Television Commission (ITC) has published its response to the Government’s Communications White Paper, which among other items, announced plans for a single communications regulator, OFCOM. The ITC welcomes and supports a great many objectives set out in the paper, most importantly that which aims to protect consumers “through the promotion of open and… Continue reading ITC Publishes Response To White Paper, Supporting Many Objectives

Capital Radio is revamping the marketing departments for its London and regional stations. The regional marketing restructure will see the promotion of current managing director for Century 105.4, David Andrews to the newly created role of regional marketing director, as soon as a new managing director is appointed. Commenting on his appointment, Andrews commented: “[This… Continue reading Capital Plans Marketing Restructure For London And Regional Stations

This morning at the Annual General Meeting of the Daily Mail and General Trust plc, all the resolutions set out in the Notice of Meeting sent to shareholders on 17 January, 2001, were duly approved. Sir Ronald Grierson, a non-executive director of the Company since 1995, did not stand for re-election and so has retired… Continue reading Daily Mail & General Trust Pass AGM Resolutions

Revenues at information services company Reuters rose by 15% to £3.6 billion for the year ended 31 December 2000, according to financial results released this morning. Pre-tax profit rose by 4% from £632 million to £657 million and earnings per share were up 26% at 37.9p. During 2000 Reuters began laying foundations for a new… Continue reading Collapse In Internet Value Does Not Affect Reuters Strategy, Says Chief Executive – 13 February 2001

Online travel sales company Lastminute.com this morning reported first quarter financial results that show sales and customer numbers increasing, whilst losses deepen. Total transactions for the quarter reached £20.2 million in value, a 53% increase quarter on quarter and up from just £4.8 million for the same period a year earlier. The number customers making… Continue reading Lastminute.com Sales Grow As Losses Deepen – 12 February 2001

New research from Jupiter forecasts that although online B-to-B trade currently represents only 1.5% of all European business (Euros 200 billion), by 2004 Jupiter MMXI predicts that it will grow to 1.8 trillion Euros. Jupiter surveyed Europe’s 500 Net Markets (a virtual market where demand and supply for goods and services meet and are fulfilled)… Continue reading European B2B Trading Forecasts From Jupiter

9 February 2001 A 42% stake in women’s magazine group Marie-Claire is to be sold to Hachette Filipachi Medias (HFM), the magazine publishing division of Lagardere Group. Whilst the terms of the deal were not disclosed, an offer from HFM in November last year valued a 17% stake at €90 million, effectively putting €534 million… Continue reading HFM To Take 42% Stake In Marie-Claire

ITV has said that charges for carriage of its channels on the Sky platform would has create “almost pure profit” for BSkyB. In a submission to the Department of Culture, Media and Sport’s select committee for the Government’s White Paper, the network said that it would have to pay over £20m a year for ITV… Continue reading Sky Asking £20m For Carriage, Says ITV

The boost to digital television uptake required to allow analogue switch-off could be provided via a subsidy on equipment from licence-fee money, said BBC director-general Greg Dyke yesterday. Speaking at the Commons media select committee, Dyke is reported to have said that the corporation was considering whether to use licence-fee money to fund a large-scale… Continue reading Licence Fee Money May Fund Digital Box Giveaway Says BBC Director General

Forever Broadcasting, the Newcastle-based independent radio and new media group, has announced the acquisition of Wolverhampton Area Radio (WAR), owner of analogue station 107.7 The Wolf. Forever has paid £5.1 million – £4.1 million in cash and the remainder by the issue of ordinary shares in the company. Forever will also absorb liabilities of £45,369.… Continue reading Forever Broadcasting Acquires The Wolf – 9 February 2001