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The Independent Television Commission (ITC) has awarded Channel Three News Ltd nominated news provider status which allows the company to compete with ITN for the provision of ITV news. The company is a consortium consisting of Bloomberg L.P., BSkyB plc, CBS News, Chrysalis Group plc and Ulster Television, all holding 20% stakes. This is the… Continue reading ITC Decision Creates Competition For ITN

The Times has re-absorbed its E-business coverage back from a dedicated page into the general business section, explaining that with the dotcom boom well and truly busted, the subject no longer warrants a specialist page. The decision was announced in the paper on Saturday. The page, it explained, had been launched early in 2000 when… Continue reading Times Brings Dotcom Coverage Back Under The Business Umbrella

ABN AMRO has cut its 2002 profit forecast for Capital Radio by 7% to £35.5m, following confirmation in its interim results yesterday of a fall in profits and a revision of its full year expectations (see City News). A major factor in the revenue falls has been what the broker calls a “sharp deterioration in… Continue reading ABN AMRO Reduces Forecast Following Capital Profit Warning

The ITC published its revised rules on airtime sale arrangements yesterday, revealing a more streamlined approach to the regulation of this sector. Deputy director of advertising and sponsorship at the ITC, Ian Blair, said today: “The rules will be kept under periodic review to ensure that they continue to reflect the rapid changes within the… Continue reading ITC Publishes Revised Airtime Sales Rules

Scottish Radio Holdings has this morning issued a cautious outlook for its performance for the coming year, as interim financial results show a 5% drop in profit before tax to £7.8 million. Turnover at the group increase by 18% to £40 million for the six months to 31 March, driven largely by acquisitions. This is… Continue reading SRH Cautious On Outlook As Ad Slowdown Hits Profits

ABN AMRO has cut its 2002 profit forecast for Capital Radio by 7% to £35.5m, following confirmation in its interim results yesterday of a fall in profits and a revision of its full year expectations (see Capital Stock Recovers Despite Expected Profits Warning).A major factor in the revenue falls has been what the broker calls… Continue reading ABN AMRO Reduces Forecast Following Capital Profit Warning

The monthly growth in new internet users has slowed, but as the market matures, the amount of time people spend on line is increasing and money making opportunities are emerging, according to new research from Jupiter MMXI. In October 1999, users in the UK spent an average of four hours online per month, but by… Continue reading Internet Can Make Money If Approach Is Right, Says Jupiter Report

The ITC published its revised rules on airtime sale arrangements yesterday, the revised results provide a more streamlined approach to the regulation of this sector.The ITC’s deputy director of advertising and sponsorship, Ian Blair, said today: “The rules will be kept under periodic review to ensure that they continue to reflect the rapid changes within… Continue reading ITC Publishes Revised Airtime Sales Rules

SRH Cautious On Outlook As Ad Slowdown Hits ProfitsScottish Radio Holdings has this morning issued a cautious outlook for its performance for the coming year, as interim financial results show a 5% drop in profit before tax to £7.8 million.Turnover at the group increase by 18% to £40 million for the six months to 31… Continue reading SRH Cautious On Outlook As Ad Slowdown Hits Profits

The chairman of the ASA, Lord Borrie, yesterday urged local and regional newspapers to play their part in maintaining the self-regulatory system in advertising, but stated that even with self-regulation promised as part of Ofcom, the ASA would fight to remain outside the new industry regulator.Addressing the Newspaper Society yesterday, he said, “We intend to… Continue reading ASA Will Resist Inclusion In Ofcom, Says Lord Borrie