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Around 16% of the population in Hungary have access to the internet, according to research by NetValue as reported on Europemedia. Separate research from KOD Business and Media Research puts the figure at 16.3%. This is below the critical mass at which the Net starts to have significant effects on business and society, says KOD;… Continue reading Around 16% Of Population Online In Hungary, Say Studies

Carlton Communications has lost millions of pounds on the sale of its Technicolor production business to Thomson Multimedia (see Carlton Shareholders Approve Sale Of Technicolor), after shares in latter have fallen by more than a third since the deal was agreed, a report in the Sunday Telegraph claims. This affects Carlton’s proceeds from the disposal… Continue reading Carlton’s Technicolor Sale Loses Value

A sharp fall in the market value of Future Network has led the company to issue a reassuring statement this morning. Future says that there has been no deterioration in its financial condition, the performance of its businesses or in the company’s expectation of its performance since the previous trading statement was posted on 8… Continue reading Future Reassures Investors Following Dramatic Shares Slump

Week on week analysis revealed another poor week for media companies with only six seeing an increase in share price.Future Network suffered the most significant loss with shares diving 47.13% to finish at 23p, a loss of 20˝p on the previous week. Taylor Nelson Sofres followed close behind, dropping 12.47% to close at £1.79, a… Continue reading Sharewatch

Guardian Media Group chairman, Paul Myners has been appointed as the first non-executive director on the BT Wireless board. He has been appointed alongside Andrew Sukawaty, former chief executive of NTL, who becomes deputy chairman.Chairman David Varney whose board preparing for a future demerger, described the pair’s experience as “invaluable”.Subscribers can access ten years of… Continue reading GMG Chair On BT Wireless Board

UK cable market leaders NTL and Telewest have joined forces in a national marketing campaign designed to boost British broadband uptake. Both companies offer customers broadband cable modem internet services at £24.99 per month which compares favourably with BT’s £39.99 per month ADSL access.Currently broadband cable access is available to around 9 million homes in… Continue reading NTL Teams With Telewest

Capital Interactive (CI), the online music arm of Capital Radio, today announced a deal to become the first web-radio provider for MSN.co.uk, supplying MSN’s 11m monthly users with three narrowcast web-radio stations.ATK13, Chyra and Glisn will be available on the MSN site around the clock from 23 July. ATK13 will be found on the MSN… Continue reading Capital In Web Deal With MSN

Attic Futura has announced that Shine magazine is to close. Publication of the women’s health and beauty glossy, which launched two years ago, will be suspended from August.According to the publisher, sales of the magazine have proved difficult to sustain in recent months and the decision to fold comes after “disappointing sales in a highly… Continue reading Lights Out For Shine Magazine

MondayMediaTel’s weekly media focus and analysis, Media Track, is featured in Media Business.WednesdayTotal Publishing opens its show and conference at Earls Court. Free seminars include an interview with IPC chief executive Sly Bailey.ThursdayTotal Publishing Show continues. Interviewees at free seminars include Sally O’Sullivan, chief executive of Cabal Communications and Mark Frith, editor of last year’s… Continue reading The Week Ahead

A sharp fall in the market value of Future Network has led the company to issue a reassuring statement this morning. Future says that there has been no deterioration in its financial condition, the performance of its businesses or in the company’s expectation of its performance since the previous trading statement was posted on 8… Continue reading Future Reassures Investors