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ITV could face a deficit of around £100 million in revenue as big-brand advertisers seek to negotiate more competitive deals following the broadcaster’s recent decline in audience share.The loss could hit ITV as a result of the contract rights renewal scheme introduced to prevent the newly merged broadcaster from monopolising the market for airtime sales.… Continue reading Dip In Share Leaves ITV Facing Revenue Shortfall

SMG, the Scottish media conglomerate, is reportedly in the process of sounding out potential buyers for its Virgin radio station, which it hopes to off-load for around £130 million.It is understood that several rival radio groups have expressed an interest in Virgin, which SMG acquired three years ago for £225 million. However, industry sources say… Continue reading Virgin Radio Could Be Sold For £130 Million

BBC Radio Five has secured the exclusive broadcast rights for coverage of FA Premier League football matches for the next three seasons.The long-running deal will see the station continue its coverage of the league on analogue and digital networks until the end of 2006/2007 season. Content will also be streamed online via bbc.co.uk for the… Continue reading Five Live Secures Premier League Coverage Until 2007

SMG, the Scottish media conglomerate, is reputedly in the process of sounding out potential buyers for its Virgin Radio station, which it hopes to sell for £130 million. It is understood that several rival radio groups have expressed an interest in the radio station, which SMG acquired for £225 million three years ago. However, industry… Continue reading Virgin Radio May Be Sold As SMG Predicts Positive Year

Lord Rothermere’s Daily Mail & General Trust is believed to have taken the lead in the race to seize control of the Telegraph titles with a seemingly unbeatable cash bid approaching £700 million. It is understood that the newspaper group took pole position over its two rivals – the Barclay brothers and 3i – after… Continue reading Lord Rothermere Tables £700 Million Bid For Telegraph Titles

Scottish Media Group has announced the appointment of Chris Masters, a former oil and manufacturing boss, as its new non-executive chairman following the departure of Don Cruickshank earlier this year. Masters joins SMG with no direct media experience, but has held senior positions with several high-profile companies, most recently as non-executive chairman of heating unit… Continue reading SMG Appoints Media Newcomer As Chairman

Newspaper giant Daily Mail & General Trust enjoyed a good day’s trading yesterday, seeing a rise of 1.45% to close at 700p following interim results reporting a strong half year. The company reported a pre-tax profit of £107.3 million for the six months to 4 April, an increase of 29% compared with the same period… Continue reading Sharewatch: DMGT Rises Following Optimistic Results

Lord Rothermere’s Daily Mail & General Trust is believed to have taken the lead in the race to seize control of the Telegraph titles with a seemingly unbeatable cash bid approaching £700 million.It is understood that the newspaper group took pole position over its two rivals – the Barclay brothers and 3i – after last… Continue reading Lord Rothermere Tables Knock-Out £700 Million Telegraph Bid

Scottish Media Group has announced the appointment of Chris Masters, a former oil and manufacturing boss, as its new non-executive chairman following the departure of Don Cruickshank earlier this year.Masters joins SMG with no direct media experience, but has held senior positions with several high-profile companies, most recently as non-executive chairman of heating unit suppliers… Continue reading SMG Appoints Media Newcomer As Chairman

Direct mail gaffes are far less likely to cause serious brand damage than mistakes through other forms of advertising, according to the latest research from market data firm Marketscan.The research asked marketing professionals from the country’s top 1000 companies to quantify the risk of brand damage by badly executed or poor taste advertising. Common blunders… Continue reading Direct Mail A Low Risk Option For Advertisers