Media stock was affected by the announcement of the merger of EMI and AOL Time Warner yesterday. BSkyB was one of the main movers on the index with shares climbing 147p to £11.89˝ as analysts forecast further deals within the sector.Other companies boosted by the news included Pearson, up 141p to £23.04, advertising group WPP,… Continue reading Sharewatch
ITV and the BBC will broadcast simultaneous coverage of England’s match against Germany as part of Euro 2000. The two channels, between whom live coverage for the competition is split, have confirmed their schedules for the matches this summer.If England reach the quarter finals or semi final, both BBC1 and ITV will show the match… Continue reading Euro 2000 Schedules Pit BBC And ITV Against Each Other
Women in their “middle youth” will soon have two new lifestyle magazine titles to choose from, as publishers Gruner & Jahr and Dennis Publishing each line up their new offerings in this sector. G&J’s code-named Florence and Dennis’ Project Denise both target women in their late 20s and 30s and have an up-market slant.This sector… Continue reading Feature: Middle Youth Sector Strains As Two More Titles Plan To Launch
Football club Aston Villa has formed a media partnership with NTL, which will allow the cable group exclusive sponsorship and marketing rights in return for a £26 million loan. The deal translates to a 9.99% stake in the football club for NTL.For an initial five-year period NTL’s subsidiary Premium TV will act as exclusive agent… Continue reading NTL Announces Media Partnership With Aston Villa
Capital Radio has unveiled plans for Life, a new digital station to be broadcast on the national network, Digital One. Life will begin broadcasting on 31 January and makes Capital Radio a national, and digital, broadcaster for the first time.Life will offer listeners soft adult contemporary music from the likes of Sting, George Michael, The… Continue reading Capital Launches New Digital Station On National Network
Capital Radio was one of the best performers on the FTSE 100 index on Friday. Prices rose almost 6% to close at £15.97˝p.Shares in Reuters jumped 13˝p to £10.07˝ as rumours continued to spread tha the information group is planning partial spin-offs of its hi-tech and internet interests in the hope of repositioning itself as… Continue reading Sharewatch
Monday MediaTel’s weekly industry focus, Media Track, is featured in Campaign Media Business.Tuesday The Retail Prices Index for December 1999 is released by the Office of National Statistics.Friday Director generalship of the BBC is officially handed from Sir John Birt to Greg Dyke. Birt decided to step down from the post two months early after… Continue reading The Week Ahead
The Audit Bureau of Circulations (ABC) has decided to establish a working party to review the Bureau’s auditing and inspections procedures following the discovery of a series of false circulation reports. In November last year the ABC found that three Birmingham Mail & Post newspapers had been reporting false circulation figures for a period of… Continue reading ABC Creates Working Party To Tighten Audit Procedures
Regional newspaper publisher, Newsquest, has this morning announced a strategic deal to take a 9.9% stake in the auction service of leading internet service provider, Freeserve.Newsquest is acquiring the holding in Freeserve Auctions in return for £10 million worth of advertising for the service across the group’s portfolio of regional papers and £2 million in… Continue reading Newsquest Takes 10% Stake In Freeserve Auctions
The total internet universe in the US increased from 97 million to 119 million US-based users during 1999, an increase of 22.7%. This is the finding of internet measurement service, Nielsen//NetRatings, which has published a report on the state of the internet market in 1999.Average time spent online also rose significantly during the period February-December… Continue reading US Internet Universe Expands 23% In 1999
