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ITV Digital could face imminent closure if a lower offer for media rights is not accepted by the Football League today, according to reports in today’s national press. The troubled digital TV platform was meant to pay around £180m over for the rights to screen Nationwide League football games, but now, faced with financial pressure,… Continue reading Football League Rejection Could Close ITV Digital

KirchMedia and ProSiebenSat.1 Media AG have announced that they will terminate discussions on the merger, proposed in September 2001. In a joint release, the companies stated that “in light of the economic climate and the current situation of KirchGruppe the merger is not feasible in the foreseeable future”. The statement continued: “The two companies will… Continue reading KirchMedia And ProSiebenSat.1 Abandon Merger

Capital Radio this morning released a trading update which forecasts that the advertising market will remain under pressure for the remainder of the year. Between October and December 2001, Capital revealed that like for like radio revenue was down 9% against the same quarter in the previous year. The company anticipates that revenue will have… Continue reading Capital Warns That Market Will Remain ‘Under Pressure’

ITV advertising revenues at Granada fell by 12% during the six months to March 2002, with March forecast to be down by 6% and April by 13%, according the company’s AGM statement released this morning. A return to growth, of 9%, is predicted for May, but Granada warns that whilst this is positive, it may… Continue reading ITV Revenues Down 12% In H1, Visibility Still Limited

Complaints regarding a poster appealing for money for baby charity Tommy’s were upheld by the ASA this week, after it was concluded that it was misleading with regards to what contributions would be spent on.The objections came from members of the public and another charity, BLISS, which funds the care of newborn children. Concerns were… Continue reading ASA Unmoved By Defence Of Charity

A positive outlook from Future as it released full year results yesterday (see Future Banks On Games Mag Market Growth) helped boost the company’s share price by over 10%, pushing it up 5˝p to end at 56p.Ahead of today’s AGM, the market was also behind Granada, which ended up 5źp or over 4% at £1.44ź.… Continue reading Sharewatch

The Advertising Association has expressed its support for the conclusions of a summit of the European Union held in Barcelona, which could bring the goal of an internal market for services in Europe closer to completion.At the summit last weekend, leaders of the Member States iterated the importance of following up the communication of the… Continue reading AA Backs EU Internal Market Conclusions

The advertising downturn has taken its toll on the UK’s main media sectors, with figures from the Advertising Association showing that total UK ad expenditure fell 3.2% to £13.8bn during 2001. The outdoor industry is no exception, but with revenue declining less than other media, Matthew Carrington, chairman of the Outdoor Advertising Association (OAA) argues… Continue reading Feature: Outdoor Industry Remains Bullish

Headhunters are thought to have begun the search for a replacement for Sir Christopher Hogg as chairman of Reuters. Hogg is expected to stand down this summer Carter Tanner, sales director for US Sales Network Hiwire has been appointed by Clear Channel Radio Sales as sales director for Jazz FM. IPC Southbank has appointed Isobel… Continue reading Appointments Brief

ITV Revenues Down 12% In H1, Visibility Still LimitedITV advertising revenues at Granada fell by 12% during the six months to March 2002, with March forecast to be down by 6% and April by 13%, according the company’s AGM statement released this morning.A return to growth, of 9%, is predicted for May, but Granada warns… Continue reading ITV Revenues Down 12% In H1, Visibility Still Limited