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Publishing and information group VNU releases it full-year financial results tomorrow and is expected to show a 23% growth in operating profit to €703 million, boosted by the consolidation of Neilsen Media Research (NMR). Net profit before goodwill is expected to rise from €320 million to €398 million. According to the predictions from ABN Amro,… Continue reading VNU Expected To Show Strong Rise In Operating Profit

Pearson is planning to cut investment in its flagship web business, FT.com, by half following a dip in market confidence on the release of the group’s financial results last week. According to reports in the Daily Telegraph today, the group is expected to slash spend in the financial portal from £113m to just £40-50m.Shares in… Continue reading Pearson Halves Net Spend As Investors Call For Closure Of FT.com

The Independent Television Commission (ITC) has announced the appointment of Peter Bazalgette, creative director of Endemol Entertainment UK, to the board of Channel 4. He will take up the position, which is for a period of three years, from 1 April 2001.Announcing the appointment, ITC chairman Sir Robin Biggam, said: “We are delighted to have… Continue reading Peter Bazalgette Joins C4 Board

The MXR London consortium has announced the submission of its bid for the third and final London digital radio licence. At the same time it has introduced a scheme whereby state secondary schools within the MXR transmission area will be given equipment with which to receive educational data from a new service called the “diginet”.This… Continue reading MXR Consortium Submits Bid For Third And Last London Digital Licence

Emap and Chrysalis are reported to be heading plans for an industry body to set standards for measuring website user numbers and to raise the profile of online marketing. Chrysalis’ new media arm has been talking to a number of media companies about setting up the body, which would be similar to the Radio Advertising… Continue reading Media Owners Plan Internet Advertising Body

BARB’s viewing figures for February show that non-terrestrial channels command a larger share of viewing across all homes than they did last year, with average weekly share during February having increased from 15.3% to 18.1% in a year on year analysis. Nearly all the terrestrial channels saw a year on year drop in average weekly… Continue reading Digital Television Round-Up – February 2001

IPC Media is set to launch its first technology title. Web User will be available in both print and web form from March 22, targeting the burgeoning home net user sector with straightforward advice and information.The group poached Jim Lennox, editor of Computeractive, to head up the magazine (see Launches Brief“Our fortnightly frequency, unique in… Continue reading IPC Unveils Web User Magazine

A profits warning from technology company Ericsson and a bad start from the US Nasdaq index prompted a dismal day for UK TMT stocks, with the majority ending down on the previous day’s close. Of the handful whose shares increased, the gains were negligible, with the best performer, Emap rising just 9p or a little… Continue reading Sharewatch

The Wellbeing Network, a joint venture TV channel produced by Granada Media and highstreet pharmacy Boots (see Granada Media Teams With Boots To Create Internet and Broadband Company), is to launch on Wednesday 14 March on the Sky Digital and ONdigital platforms.The venture, which has received an £18m investment from the two companies will initially… Continue reading Granada Media And Boots Prepare For Wellbeing Network Launch

Month On MonthFigures from the Audit Bureau of Circulations (ABC) for February 2001 show that national newspaper circulation fell by 1.1% month on month. Most titles saw a drop in their circulation base during the period, with just eight newspapers bucking the trend.The worst performers were the Sun, which saw a 3.7% dip in sales… Continue reading National Newspaper ABC Round-Up – February 2001