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Media giant AOL Time Warner announced today that it will create a new TV networks group under the Turner Broadcasting System umbrella, which will include both Turner’s basic cable networks and The WB broadcast network. The division will be the world’s largest television networks group, the company said. The expanded TV networks group will share… Continue reading AOL Time Warner Mergers TV Divisions Into Single Network

Channel 5 has announced another deal with a dotcom company to swap advertising airtime on the station for a stake in the online business. The deal with PetsPyjamas.com is the sixth such swap Channel 5 has negotiated. C5 will provide £2 million’s worth of airtime to PetsPyjamas.com over the next 14 months in exchange for… Continue reading C5 Swaps Airtime For Equity With PetsPyjamas.com

Guardian Newspapers Ltd, today announced the appointment of Simon Waldman, Head of Guardian Unlimited, and Derek Gannon, Head of IT, to the Guardian Newspapers Ltd (GNL) Board. Their titles change to Director of Digital Publishing and IT Director respectively and Waldman and Gannon will join the eleven strong GNL Executive Board with immediate effect. Carolyn… Continue reading Board Appointments At Guardian Newspapers Ltd

When United Business Media last week announced an 11.4% rise in headline profit during 2000, the company reporting was almost completely unrecognisable, even in name, from this time last year. United has chosen its way forward and begun the new millennium making certain it is on track. The new century began with plans for a… Continue reading Insight Focus: United Business Media

German public service broadcasters ARD and ZDF have acquired the rights to show the 2002 and 2006 World Cup competitions after reaching an agreement with Kirch, owner of the European-wide rights to the tournaments. The news follows Kirch’s previous refusal to guarantee the rights to the 2006 competition in a potential DM225 million sale of… Continue reading German Public Service Broadcasters Acquire World Cup Rights

The Independent Television Commission (ITC) has released details of complaints about television advertising it dealt with for January 2001. Food and drink advertising seemed to cause the largest amount of controversy during the month, with an advert for Van der Bergh Foods’ Chicken Tonight Stir-In Paste prompting complaints from 16 sources, all with close links… Continue reading Why The ITC Wasn’t Having Chicken Tonight

Newsline will provide coverage of the key developments in this afternoon’s Budget as it is delivered by Chancellor of the Exchequer, Gordon Brown. Newsline‘s Budget page will be set to automatically refresh every few seconds ensuring a full, rolling coverage throughout the Chancellor’s speech which is expected to begin around 3:30pm.

Two thirds of the UK population have mobile phones, but many do not realise their potential uses beyond talking, according to research conducted for the BMRBi Access Omnibus Telephone Omnibus during February this year.The survey found that only 85% of those with mobile phones believe they have text messaging facilities and only 13% believe they… Continue reading Two Thirds Of UK Have Mobiles, But Many Are Unaware Of Services Available

The Chancellor rose at 3:32pm.Growth forecast for 2001 to be between 2.25% and 2.75%.Inflation forecast for March 2002 to be 2.25%.Budget is in surplus of £23bn this year.Debt repayment will be £34bn this year.Tax relief on intellectual property and goodwill proposed. Small firms to pay no VAT.Consideration of research and development tax credit for large… Continue reading Budget Line 2001 – The Chancellor’s Speech As It Unfolds

SMG has announced yet another stake increase in Scottish Radio Holdings, taking its stake up to 27.7%. SMG has acquired a further 2.8% stake in SRH for £14.6 million, in two separate purchases: 644,000 shares on Monday and 275,000 yesterday.All the shares were priced at 1,587˝p each, its closing price on Monday. SMG has been… Continue reading SMG Builds Scottish Radio Stake To 27.7%