Joint owners of Channel 5– RTL and United Business Media (UBN) have been engaged in a legal battle about funding for programming on the channel. RTL wanted more of it to develop the quality but UBN opposed the budget increase. Yesterday RTL won the scrap, which boosted its share price by nearly 5.5% to £64.12,… Continue reading Sharewatch
The media sector is about to face a tough six months, according to the latest forecasting report from ABN AMRO. The broker yesterday cut its stance on the sector to “underweight” and downgraded its recommendation on 22 out of 32 media stocks. The reasoning behind the decisions is partly the problems being faced by dotcoms… Continue reading Brokers Warn Of Tough Six Months, Downgrades Media Sector Shares
Brokers Warn Of Tough Six Months, Downgrades Media Sector Shares The media sector is about to face a tough six months, according to the latest forecasting report from ABN AMRO. The broker yesterday cut its stance on the sector to “underweight” and downgraded its recommendation on 22 out of 32 media stocks. The reasoning behind… Continue reading Brokers Warn Of Tough Six Months, Downgrades Media Sector Shares
When ITV introduced self-imposed peak time audience share targets early in 1998 the industry was surprised and sceptical at how they could be achieved. Within a few months of the announcement it became clear that ITV intended to remove the News At Ten, replacing it with a later bulletin and opening the way for more… Continue reading Insight Feature: Moving Targets At ITV
Revenues at information services company Reuters rose by 15% to £3.6 billion for the year ended 31 December 2000, according to financial results released this morning. Pre-tax profit rose by 4% from £632 million to £657 million and earnings per share were up 26% at 37.9p. During 2000 Reuters began laying foundations for a new… Continue reading Collapse In Internet Value Does Not Affect Reuters Strategy, Says Chief Executive – 13 February 2001
ISBA Welcomes ‘Pragmatic’ New ITV TargetsISBA has welcomed ITV’s new approach to performance targets, unveiled at its Annual Report on Monday (see ITV Presents Annual Report And Plans For Future). The channel has said that instead of focussing on peaktime audience share targets it will aim for two primary goals: maintaining share gap advantage over… Continue reading ISBA Welcomes ‘Pragmatic’ New ITV Targets
Contract publisher Dennis & Beyond is joining forces with its sister company Dennis Interactive to offer new media capability alongside its print publishing arm. A website for the National Childbirth Trust (nctpregnancyandbabycare.com) will be the first client to benefit from the partnership when it launches next month.The group, which publishes in the key areas of… Continue reading Dennis & Beyond Unveils First Media Website Initiative
Two US-based online trading systems for advertisers have joined forces in an attempt to create a one-stop shop for net-based transactions. Mediapassage and OneMediaPlace have announced the merger of their two companies in a move which is designed to create a market leader in the USA.“Major buyers and sellers of advertising will appreciate the clarity… Continue reading USA Online Media Trading Players Set To Merge
The underlying rate of inflation has fallen to its lowest rate since records began. Figures for December from the Office of National Statistics showed it had dropped to 2.0%Having risen in November to 3.2%, the headline rate of inflation also dropped, to 2.9%.The Retail Prices Index for December was 172.2.Subscribers can access RPI trends by… Continue reading Underlying Inflation Rate Falls To Lowest Figure Since Records Began
The Institute of Practitioners in Advertising (IPA) has announced the appointment of Hamish Pringle as its new director general. He currently works for the IPA on a consultancy basis as director of marketing strategy, as well as being the director of a music dotcom company and a business author. In addition to his previous involvement… Continue reading IPA Announces Appointment Of New Director General
