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Two US publishing groups – Dow Jones and Knight Ridder – have announced that they are to make a number of job cuts in order to meet financial targets. Knight Ridder, the second largest newspaper group in the US, is to axe 1,700 jobs, costing the group $75 million in redundancy pay-outs. Late last year,… Continue reading US Newspaper Groups Cut More Jobs

IPC Media has announced a series of new appointments, including the promotion of former Nova publisher, Elaine Foran, to director of the newly created central international and fashion sales group.In the new role, Foran, reporting to IPC advertising MD, Georgina Crace, will manage sales strategy and client and editorial liaison across all IPC titles including… Continue reading Management Shake Up At IPC

Cable and Wireless suffered the greatest loss among media stock yesterday, with shares sliding 6.58% to finish at £4.19, a loss of 29.5p on the previous day.Maiden also faired badly in yesterday’s market, slumping 4.66% to close at £4.60, a loss of 22.5pRTL led the field among media groups yesterday, climbing 9.48% to finish at… Continue reading Sharewatch

ProgrammesThe real soap operas, EastEnders and Coronation Street dominated the top ratings as usual during May, with ITV’s flagship production stealing back dominance following the success of the Phil Mitchell storyline on the other side. Coronation Street gained the top spot for three out of the four weeks, with top audiences ranging between 13 and… Continue reading TV Viewing Round-Up – May 2001

Plans by Granada and Carlton Communications to unify their pay-TV ventures into ITV, have been halted by a dispute with smaller shareholders, according to press speculation.It is believed that Granada and Carlton, which hold nine out of the fourteen regional ITV licences and control most of the advertising revenue, have reached a stalemate situation with… Continue reading Spanner In The Works For Integrated ITV Platform

Jupiter MMXI, which has produced at home internet audience data for the UK since 1999, has announced that data will be released from now on on a weekly, rather than monthly, basis. As calls for industry wide agreement on standards for internet audience measurement gather strength (see IPA Conference Announces Progress Towards Internet Audit), the… Continue reading Jupiter MMXI Launches Weekly Internet Data Release

AOL Time Warner Scraps Talks With IPCReports this morning suggest that talks between AOL Time Warner and IPC (see AOL Time Warner May Bid For IPC) have fallen through. The valuation of the company is thought to have been the reason for the breakdown as IPC and its largest shareholder, Cinven, deemed the offer price,… Continue reading AOL Time Warner Scraps Talks With IPC

UK adspend broke the £17bn barrier for the first time ever during 2000, according newly released statistics from the Advertising Association. During what turned out to be the ninth consecutive year of growth for the industry, adspend increased by £1,594m from the 1999 total, an accelerated growth rate of 10%, or more than 7% in… Continue reading UK Adspend Tops

By 2005, Jupiter predicts, interactive TV shopping revenues will reach $4.3 billion and iTV shopping will account for 44% of all TV-based shopping. Despite this opportunity, iTV advertising will not be big business as the market and technology will be fragmented in the short to medium term. Advertising revenue from iTV, Jupiter forecast, will account… Continue reading iTV Revenue Will Fall Short Of “Grand” Expectations, Says Jupiter