Flextech’s executive vice president of commercial, David Cuff, is stepping down after two and a half years at the company to pursue new challenges.Cuff joined Flextech as commercial director in 2000 and moved into his current role last year. He will leave the company, whose portfolio of TV channels includes Trouble, Bravo and Living TV,… Continue reading Cuff Leaves Flextech Behind To Pursue New Challenges
A recent poll from Horowitz Associates has found that one quarter of urban TV homes in the US get digital cable and there is potential for significant growth despite the competition in the multichannel market.Also On MediaTel Insight Today…US Interactive Adspend To Hit $8.6bn By 2005, Says GartnerG2GartnerG2 says that whilst agencies have so far… Continue reading MediaTel Insight: Urban TV Audiences Willing To Go Digital
The underlying rate of UK inflation rose to 2.9% in July, up by 0.1% on the previous month, according to the latest figures from the Office Of National Statistics (ONS).The headline rate of inflation, which includes mortgage interest payments, rose by 0.2% to 3.1% during July and remained well above the Government’s target of 2.5%.According… Continue reading Surprise Surge In UK Inflation During July
Barclay Knapp is stepping down as chief executive of NTL, just months after the UK cable group emerged from its Chapter 11 bankruptcy process (see NTL Emerges From Bankruptcy). Knapp, who joined NTL ten years ago, will step down from his current role at the close of business on Friday, but will stay at the… Continue reading Knapp Departs NTL As Q2 Results Show Some Growth
The acquisition of Bcom3 Group helped Publicis, the world’s fourth largest marketing and advertising group, to achieve strong growth in sales in the second quarter of 2003. Revenues were up by 60.7% to €965 million, taking into account the consolidation of former Bcom3 agencies purchased in September 2002. Organic sales, which exclude acquisitions and foreign… Continue reading Publicis Sees Revenues Rise In Q2
BSkyB has comfortably beaten market forecasts in its final quarter customer growth, adding 133,000 new subscribers and taking its customer base to 6.8 million, the group announced this morning. This is even higher than a revised and upgraded forecast from Lehman Brothers, which claimed that there would be 128,000 additions, ahead of the 100,000 market… Continue reading BSkyB Results Beat Market Expectations As Subs Hit 6.8m
BSkyB’s £1.02 billion deal to broadcast live Premiership football for a further three years could be investigated by the European Commission following concerns it breaches competition laws. The Premier League had structured the deal in accordance with the EC’s desire that the media rights be split into four separate packages to promote competition and encourage… Continue reading BSkyB’s Football Rights Deal Could Face Investigation
Analysts claim that the cable television company NTL is set to announce a major fund raising exercise that will net around $650 million and increase the possibility of a merger with UK rival Telewest. According to a report in The Observer, NTL is planning to ask shareholders to subscribe to new shares with the cash… Continue reading UK Cable Merger Still Viable
Trinity Mirror has rejected a fresh approach from Candover Investments, the private equity house, for its national newspapers, according to weekend press reports. The Observer claims that Candover, which made an informal offer for the titles late last year, has returned with a new proposal since the appointment of Sly Bailey as Trinity Mirror chief… Continue reading Candover Rebuffed In Latest Bid For Trinity Titles
Week on week analysis of the media sector reveals a strong performance from radio station operator and production company, UBC, which saw shares rise by 7.58% after announcing it had managed to boost commercial airtime revenues in June and July (see UBC Sees Radio Revenue Turnaround After Weak Start).BSkyB was also in focus, rising by… Continue reading Sharewatch: UBC Rises After Boost In Airtime Revenue
