ITV Revenues Predicted To Be 12% Down In Five Months To FebruaryCarlton Communications chairman Michael Green, today told the company’s AGM that the advertising market remains weak and that he is unable to predict with any uncertainty the timing of a resumption in growth.Nevertheless, Green reassured that Carlton is well-positioned to benefit from a recovery… Continue reading ITV Revenues Predicted To Be 12% Down In Five Months To February
Trinity has announced that it is to relaunch the Mirror brand later this year in order to encourage loyalty and attract younger readers who are entering the market.The announcement came as the newspaper group announced full year results for the year (see Trinity Releases Results Ahead Of Expectations). The group stated that analysis of research… Continue reading Mirror To Undergo Brand Relaunch
Trinity Mirror has released full year results which came in ahead of expectations, with pre tax profit before exceptional items up 0.9% to £155.5mSir Victor Blank, Chairman of Trinity Mirror plc, commented: “In the course of the past year we have strengthened Trinity Mirror, during one of the toughest trading periods in recent history. We… Continue reading Trinity Releases Results Ahead Of Expectations
The slump in advertising revenue currently being suffered by the global media industry is set to continue in many countries, but this does not overly worry newspaper investors, according to Morgan Stanley analyst Matthew Owen. He feels that the current, cyclical downturn looks worse because of the contrast with the preceding boom time, but says… Continue reading Newspaper Investors “Not Worried” By Ad Slump
Sex sells, or so the saying goes, but it can also get you in trouble with the Advertising Standards Authority, as two advertisers discovered this week.Both Virgin Mobile and radio station Kix 96.2 FM attracted complaints by using images of scantily clad women in posters. In the case of Virgin, the woman was wearing a… Continue reading Sex And Swearing Gets Rise From ASA
Confidence remained with media shares yesterday after the realisation on Monday that many had been downgraded too far. Carlton Communications led the field, with a 13.57% rise of 27źp to end at £2.28. Pearson also did well, increasing its share price by 6.5% to £7.73 by the end of the day.Other strong performers included WPP,… Continue reading Sharewatch
Feature By MediaTel Insight: Interactive TVUsage of interactive TV services has more than doubled over the past year according to a the Q1 2002 Digital TV Report from Continental Research. The frequency of digital TV subscribers who have ever used interactive services has grown from 4.3% in April 2001 to 9.6% in Jan 2002. The… Continue reading Feature By MediaTel Insight: Interactive TV
Deadline For Johnston/Trinity Decision ExtendedThe Competition Commission has announced that its decision on the proposed acquisition by Johnston Press of eight Trinity Mirror newspaper titles has been extended until 19 April 2002.The CC had been due to report on 22 February 2002 but has asked to be granted an extension in this case because important… Continue reading Deadline For Johnston/Trinity Decision Extended
RIM Exceeds Expectations But 2002 “Remains Uncertain”Regional Independent Media yesterday reported a rise in profits of 8%, rising to £44.1 million in 2001 from £40.9 million in 2000. Turnover increased by 3.5% to £175.3million.84% of turnover was derived from the group’s newspaper interests, including the Yorkshire Post and Sheffield Star, both of which saw an… Continue reading RIM Exceeds Expectations But 2002 “Remains Uncertain”
Major UK media players, Carlton Communications and Granada Media, have announced that discussions regarding a possible merger have been terminated.Any potential merging of the interests of the two major ITV shareholders would have been dependent on an anticipated change in current legislation which limits the percentage of advertising share which can be controlled by any… Continue reading Carlton And Granada End Merger Talks
