More Media Business articles

The Institute of Practitioners in Advertising (IPA) has published its latest Trends in Television report. Its results show overall viewing levels continuing their period of stability during the final quarter of 2000. Taken as a whole, total viewing across 2000 remained relatively constant, at 3.67 average hours per day, although live (unrecorded) terrestrial viewing fell… Continue reading TV Viewing Levels Stable, Says IPA Report

1 February 2001 The New York Times has sold off its golf magazine publishing division to Advance Publications for an undisclosed sum. It was reported that Condé Nast and AOL Time Warner were also in discussion to take control of the titles. The portfolio, which includes Golf World, Golf Digest and the GolfDigest.com website, is… Continue reading New York Times Sells Magazine Division

The development UK radio group Forever Broadcasting is ‘continuing unabated’, chairman John Josephs told the company’s AGM this morning. Forever owns three radio stations: 107.6 Juice in Liverpool, formerly known as Crash FM; Tower FM, which serves audiences in Manchester, Bury and Bolton and Surf FM in Brighton. It has also submitted two further applications… Continue reading Forever Broadcasting Development ‘Continues Unabated’

Trinity Mirror’s Scottish title the Daily Record continues to command the largest share of advertising revenue among Scotland’s newspapers, with more than twice as much as its nearest rival, SMG’s Glasgow Herald. New figures from CIA MediaLab show that both of the top titles achieved year on year increases in revenue (Daily Record 1%, Glasgow… Continue reading Scotsman’s Efforts To Modernise Rewarded With Ad Revenue Increase

31 January 2001 AOL Time Warner, the business created by the huge merger of internet company AOL and traditional media group Time Warner, has this morning unveiled record results for the America Online business. The group said that advertising, commerce and other revenues grew by 65% to £$741 million in the quarter to December 2000.… Continue reading AOL Time Warner Reports Record Revenues

UK public relations and advertising firm Chime Communications has this morning announced the acquisition of LNS Communications in the US for £11 million. Chime will pay £6.9 million initial cash and a further sum of up to £4.1 million depending on LNS’ profits for the years ended 31 December 2001 and 2002. Chime’s businesses include… Continue reading Chime Communications Acquires LNS For £11m

Radio group GWR is holding a seminar today for fund managers and analysts as part of its ongoing investor relations programme. The company will report radio revenues up 12% on a like for like basis for Q4 2000 – in line with expectations. GWR expects strong revenue growth this year following continued audience increases for… Continue reading GWR Q4 Revenues Up 12%

Confirmation that the BBC has signed a deal with Lennox Lewis to show his next bout in April is expected soon. This morning reports suggested that the arrangement with the world heavyweight boxing champion had been finalised, but the Corporation has since insisted that signatures were yet to be inked. Lewis is due to meet… Continue reading BBC Sport May Scoop Lewis Fight From Sky

Stock in Granada Media rallied this morning following an upgrade from US broker Morgan Stanley Dean Witter. Granada Media will complete its demerger from the Granada Compass hospitality business this Friday. As a result its free float will increase from 20% to 100% and its FTSE weighting will increase from 0.08% to 0.39% following the… Continue reading Granada Rises On Positive Ratings

29 January 2001 The company behind the idea of the free morning newspaper, Sweden’s Metro International, has today announced the launch of a new newswire and information service called Metro World News. Versions of Metro International’s free Metro newspaper are now published in 18 cities around the world and the business model has been adopted… Continue reading Metro International Seeks Savings In Global Publishing