Channel 5 has signed an airtime-for-equity deal with internet start-up company Rapidinsure.co.uk. The deal, the first of its kind for a UK terrestrial broadcaster, will see C5 take a 8% stake in the new company in exchange for sponsorship on the channel.Channel 5 has been holding discussions with a number of new media companies since… Continue reading C5 Signs First Airtime-For-Equity Deal
The Advertising Association has appointed a new president. Niall Fitzgerald, chairman and chief executive officer of Unilever, will take up the position from 22 May this year. Advertising group WPP has appointed Christopher MacKenzie to the board. He will become the ninth non-executive director on the board. The Radio Advertising Bureau has produced a Guide… Continue reading Newsline Brief
The UK will be the most advanced digital television market in Europe by 2004, with almost 10 million digital homes, a new report has shown. According to technology research company Datamonitor, the UK and France will lead digital developments in Europe and by 2004 the UK will have 9.9 million digital TV homes, representing 27%… Continue reading UK Will Lead European Digital TV Development, Says Datamonitor
Members of the London Stock Exchange voted yesterday to convert the institution from a mutual to a public company. The move will give its 298 members shareholder status in the business, with share dealing due to begin in late April.Media stock tumbled yesterday as the London market’s reacted to a record fall amongst so-called TMT… Continue reading Sharewatch
Outdoor advertising company the More Group has announced the launch of two new poster formats. Golden Squares is a new elevated billboard format, and Scrolling 48s will be the largest scrolling format in the UK, with 6 faces and 48 sheets.Golden Squares will be the first new billboard format to be launched in over ten… Continue reading More Group Launches New Poster Formats
The UK will be the most advanced digital television market in Europe by 2004, with almost 10 million digital homes, a new report has shown. According to technology research company Datamonitor, the UK and France will lead digital developments in Europe and by 2004 the UK will have 9.9 million digital TV homes, representing 27%… Continue reading UK Will Lead European Digital TV Development, Says Datamonitor
EMAP announced today the acquisition of AutoLocate, an internet business focusing on the car trade market. The deal is part of the group’s ongoing development of its online and offline media for this sector.AutoLocate provides software and information sources allowing dealers within the used car trade to source vehicles, and trade and sell online. The… Continue reading EMAP Acquires Online Car Trade Business
Weekly titles showed the most steady performance year on year in the latest regional newspapers circulation figures released by the Audit Bureau of Circulations (ABC) this week. The sector is led by Cornwall’s West Briton Series which had a weekly circulation of 50,616 copies for the July-December 1999 period; this is virtually no change on… Continue reading Top Regional Weeklies Hold Steady In Latest ABCs
The Manchester Evening News is the country’s biggest-selling regional newspaper, according to the latest figures released by the Audit Bureau of Circulations (ABC) this week. The Manchester daily title takes the top spot from the Birmingham Evening Mail, which has been suspended by the ABC following the discovery that it was reporting false circulation figures… Continue reading Flagship Regional Titles See Fall In Sales
Border Television has this afternoon rejected the £116 million hostile takeover offer made by Scottish Radio Holdings (SRH) earlier today (see Scottish Radio Launches £116m Hostile Bid For Border TV). Peter Brownlow, Border’s managing director, told Newsline that the company felt the offer “significantly undervalues Border’s television and radio businesses.”SRH’s offer represented a 31% premium… Continue reading Border TV Rejects Scottish Radio Offer
