Channel 4 has published its response to the invitation to submit comments on the forthcoming Communications Reform White Paper. Views put forward included an extension of support for the concept of a single regulator, the feeling that Channel 4 should remain a single broadcaster, the assertion that impartiality of access must be a feature of… Continue reading Channel 4 Releases Response To Forthcoming Communications White Paper
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Last week the Express Newspapers group was finally sold off, ending years of speculation about when United News & Media would let the papers go. The eventual buyer was OK! publisher Northern & Shell which snapped up the Daily Express, Sunday Express and Daily Star for £125 million. N&S emerged to seal the deal at… Continue reading Feature: Will Northern & Shell Save Express Newspapers From Declining Circulations?
Carlton Communications has announced that it has signed a 50:50 joint deal with supermarket chain J Sainsbury to create Britain’s first TV and internet food and drink channel. The deal will see Carlton’s SimplyFood website merge with Sainsbury’s tasteforlife site to form taste.co.uk. Along with Carlton’s cable and digital channel, the Carlton Food Network, and… Continue reading Carlton in Joint Venture To Create TV And Internet Food And Drink Channel
The Chrysalis Group has announced pre-tax profits of just under £1m for the year ending 31 August 2000. This moves the company back into black, as last year it recorded a loss of just under £6m. The growth was led by profits from the radio division, which increased its turnover at over twice the rate… Continue reading Chrysalis Into Profit But Restructuring TV Division
The Express Newspaper group has been sold to Northern & Shell, the publishers of various soft porn titles and weekly celebrity magazine OK!. The deal signed is thought to value the group at £125m. Chairman of Northern & Shell, Richard Desmond said today; “The Express newspaper titles represent a vital part of Britain’s press heritage… Continue reading Gossip And Girlie Publisher Takes On Express And Star
United News & Media’s new media division, Xilerate, is to take a 46.5% stake in Spaced, a company which makes web-enabled, interactive ‘pods’ which are placed in nightclubs. The investment from UNM will allow further development of Spaced’s technology and content platform. The Spaced pods charge clubbers £2 to create a ‘photopage’ containing a digital… Continue reading UNM’s New Media Division Buys Into Interactive Pod Venture
A global survey by the Boston Consulting Group (BCG) found that whilst most consumers are currently dissatisfied with the mobile commerce applications on offer – one in four owners of mobile devices stopped using m-commerce applications after the first few attempts – most current and potential users believe mobile services will play an important role… Continue reading M-commerce: Frustrated Users Prepared to Stick With It
More and more people are turning to the internet to buy products, although many online retailers are still failing to make profits, according to new research by Jupiter Media Metrix. The study looked at the most developed retail markets in Europe, the UK, Germany, Denmark, Sweden, Finland, Norway and France and found that the number… Continue reading Online Shopping To Grow Despite Early Losses
A new report by Activmedia Research predicts that online business-to-consumer (B2C) sales will reach $56 billion in the US by the end of the year. This is an increase of 103% on the previous year. The Real Numbers Behind Online B2C Vendors 2000 report claims that the sector will be worth $1.1 trillion by 2010,… Continue reading US Online B2C Sales To Grow, Says Activmedia Research
Emap has announced drastic cuts to its spending forecast on digital projects. When the company’s new media division, Emap Digital, was established in March this year it was said that around £250m would be spent on digital projects over the following three years, including up to £75m this year. Announcing its interim results yesterday, Emap… Continue reading Emap Announces Cuts To New Media Investment Plans