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Cable operator NTL has reported a 68% fall in losses for the third quarter on the back of a surge in broadband subscribers. Revenues were up 4% year on year to £555.2 million in the three months to 30 September. Net losses narrowed from £369.1 million last year to £117.3 million. NTL added almost 100,000… Continue reading Broadband Boom Drives NTL Recovery In Q3

United Business Media (UBM) has announced it is to acquire two US medical publishing businesses for a total of £37.5 million. The Oncology Group and Cliggott Publishing are being bought from SCP Communications and will be integrated into CMP Healthcare Media, the Healthcare division of CMP Media in the US. Publications changing hands include Oncology… Continue reading UBM Purchases Specialist Medical Publishers

Vivendi Universal, the France-based media and entertainment group, moved into the black in its third quarter, for the first time in two years. Net profits at the company came in at €131 million, up from a loss of €1.2 billion in Q3 2002. Vivendi said that the performance of its various media business units has… Continue reading Vivendi Universal Is Back In Black

Future Network, the international magazine group, has acquired the US’ second best-selling guitar magazine, Guitar One, from Cherry Lane Magazines for £1.5 million in cash. This is Future’s second acquisition of a US guitar magazine business this year; in September the company bought Guitar World and related titles for £10 million (see Future Network Profits… Continue reading Future Buys Second US Guitar Magazine Group

The Trade Union Congress (TUC) has called on shareholders to vote against the election of James Murdoch as a non-executive director of satellite broadcaster BSkyB. The TUC says that James Murdoch cannot be seen to be a sufficiently independent director of a company of which his father, Rupert Murdoch, is chairman. The move is the… Continue reading Murdoch Faces Pressure From TUC Over Son’s Appointment

DMGT was seen buoyed by positive market sentiment, up 1.48% as positive economic data encouraged traders.Elsewhere outdoor advertising group, JCDecaux, reported a 2.7% fall in the third quarter profits, as conditions in Europe remained weak. However, the company is seeing some signs of an advertising recovery in the US. This is in line with first… Continue reading DMGT Rises On Positive Sentiment

The Trade Union Congress (TUC) has called on shareholders to vote against the election of James Murdoch as a non-executive director of BSkyB.The TUC has claimed that Mr Murdoch cannot be seen to be a sufficiently independent director of a company of which his father, Rupert Murdoch, is chairman.The move is the latest in a… Continue reading BSkyB Faces Pressure From The TUC

Free digital TV and radio service Freeview has celebrated its first year of sales by revealing that between 1.7 and 2.1 million households now receive the service.Since January this year sales of Freeview boxes have been running at an average of 100,000 boxes per month, making it among the fastest-growing consumer electronics product ever.The success… Continue reading Freeview Celebrates 1st Birthday With Record Sales

The Internet Advertising Bureau (IAB) has joined forces with the European Interactive Advertising Association (EIAA) to launch the first standardised European online ad formats.The new standard sizes are designed to increase the efficiency of planning and executing online ad campaigns across Europe.In order to encourage consistency and transparency the IAB and the EIAA have agreed… Continue reading IAB Unveils Standardised Ad Formats

Sexism is alive and kicking in the advertising industry according to new research which reveals that on average women are paid 32% less than their male counterparts.The research, produced by the salary comparison site PayFinder.com and based on input from nearly 100,000 users across the UK, will make grim reading for the industry.Advertising registered the… Continue reading Research Reveals Sexism Dictates Ad Salaries