Channel 4 has said that it will not profit from phone votes for Big Brother 8, after cutting the price of eviction voting from 50p to just 25p.The reduced charge will cover all the costs to Channel 4 of administering the eviction votes, including a 10p donation to charity for each vote cast.The move comes… Continue reading Channel 4 Will Not Profit From Big Brother Phone Votes
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Each week, MediaTel INSIGHT brings NewsLine readers a round-up of the latest news from the City affecting the media industry.This week, Emap announced that its pre-tax profits were down 13% for the year ending March 31, to £193 million (Full Story).The results, which also revealed that revenues at the company’s digital division increased by 32%,… Continue reading Media In The City: Emap Sees Pre-Tax Profits Fall
IPC Southbank has launched its new, much-hyped standalone homes portal, in a bid to revive its home interest portfolio and bolster the publisher’s digital output.www.housetohome.co.uk is “designed to be a one-stop shop for every home design and decorating need”, according to the publisher, enabling visitors to “develop their homes ideas and dreams with its wide… Continue reading IPC Unveils New Homes Portal
Google is being investigated by the Federal Trade Commission (FTC) over its purchase of online advertising company DoubleClick for $3.1 billion. According to a report in the New York Times, the FTC has opened a preliminary antitrust investigation into the purchase after concerns were raised about the merger of the two companies. Google bought the… Continue reading Google DoubleClick Acquisition Under Investigation
Advertising expenditures for newspaper web sites increased by 22.3% to $750 million in the first quarter versus the same period a year ago, according to preliminary estimates from the Newspaper Association of America (NAA). The increase reflects the twelfth consecutive quarter of double digit growth for online newspaper advertising since NAA started reporting online ad… Continue reading Adspend On US Newspaper Websites Increases
Treasury officials could sell Channel 4 for £1 billion in a fund raising scheme to take place once Gordon Brown Becomes Prime Minister. According to a report in The Times, advisers close to Brown are considering the political and economic arguments in favour of privatisation, even though the Labour party has a manifesto commitment to… Continue reading Treasury Could Sell Off Channel 4
Aegis has recorded a total revenue increase of 10.8% at constant currencies for the first quarter, 4.6% at reported rates. The group’s organic revenue growth (excluding currency movements and the impact of acquisitions) has increased since 2006, to 8.5% in the first quarter, and Aegis says that it continues to achieve the fastest organic revenue… Continue reading Aegis Announces Q1 Revenue Increase
SMG has announced that it its television airtime revenues are expected to decline by 7% for the first half of 2007, owing to a weakness in interactive TV revenues. Virgin Radio revenues have grown by 8% also outperforming the market, and displaying particularly strong online revenue growth, said SMG. Pearl & Dean has also seen… Continue reading SMG Announces TV Revenue Decline
UTV has announced that operating profits for 2006 were broadly flat at £24.8 million. The group said that increased profits from its continuing radio operations were offset by reduced revenue in its television division and start-up losses at its new radio stations in Edinburgh and Belfast. In the first six months of the current year,… Continue reading UTV Reports £24.8 Million Operating Profit
The merger between satellite radio companies Sirius and XM might not occur, after Sirius CEO Mel Karmazin said to shareholders that regulators are unlikely to approve it. On Wednesday, senate subcommittee on antitrust, competition policy and consumer rights chairman Herb Kohl (D-WI), concluded that satellite radio was its own market and a merger to consolidate… Continue reading XM And Sirius Merger “Unlikely”
