Shares in Freeserve, the country’s leading internet service provider, have tumbled to a record low; prices fell below their flotation price yesterday for the first time. Shares dived 13% to 135p – 15p lower than the issue price set by Freeserve’s owner, electronic retail giant Dixons.The fall wiped £140 million off the free ISP’s market… Continue reading Freeserve Shares Fall Below Flotation Price
Shares in News Communications & Media rose by 25p to 960p. The regional newspaper group announced a record turnover in its annual results yesterday (see Increased Ad Revenue Gives Newscom Record Turnover).Granada climbed after a recent series of falls. The media group was given a strong recommendation from CSFB as rumours of further deals with… Continue reading Sharewatch
IPC Magazines’ weekly music title, NME, is to become the first UK music mag to offer free internet access and free Net mail in an initiative created by the new IPC Electric division (see IPC Electric Is Unveiled). A covermounted CD on this week’s edition of the magazine offers readers the software to register with… Continue reading NME Offers Free Internet Access And Email
There’s a new magazine for all of us launched this week as Haymarket yesterday unveiled Campaign Media Business. To be accurate, as the tag line is “the magazine for the media sales industry”, it is not quite for all of us.“A mag for media sales pros is years overdue,” according to editor Jonah Bloom. The… Continue reading First Issue Review: Campaign Media Business
Internet auction company QXL.com, which is to float on the stock market on 7 October, has undergone a huge fall in value. The second victim of the deflating internet bubble, the company was initially valued at £750 million but could now float for as little as £212 million.The news comes after huge losses were reported… Continue reading QXL.com Falls In Value
Online marketing and sales company, Real Media, has secured a deal to manage ad sales across the European sites of news and information provider, Bloomberg. The two year deal, which gives Real Media UK an 80% share of Bloomberg’s European business, covers sites in France, Germany, Italy and Switzerland.Bloomberg uses Real Media’s Open AdStream ad… Continue reading Real Media UK Clinches Net Ad Sales For Bloomberg Sites
Latest figures from the Outdoor Advertising Association show that expenditure has fallen in the last six months, despite an overall growth in the market.While first quarter results reported a 2.2% rise in expenditure, during the second quarter it fell by 2.3% compared to the same time period last year. The first six months in total… Continue reading Outdoor Advertising Expenditure Fell In First Half
The Independent Television Commission (ITC) is to undertake a full-scale audit of the regulatory requirements imposed on commercial broadcasters. Working in tandem with the Department of Culture, Media and Sport, the review aims to simplify, streamline and modernise the current regulatory procedure.The massive undertaking, which was promised after recent consultations with the Government, will look… Continue reading ITC To Undergo Full-Scale Regulation Review
Growth in advertising revenues and circulation have given regional newspaper publisher Newscom record turnover for the 12 months ended 26 June 1999. Across the company’s core newspaper division ad revenues grew by 6.6% and circulation revenues were up 5.7%. As a result, turnover at Newscom reached £139.1 million (1998: £18.4 million).Pre-tax profit before exceptional items… Continue reading Increased Ad Revenue Gives Newscom Record Turnover
The UK’s first online sports radio station, talksport.net, has signed up BT Highway to sponsor its audio archive. In a unique deal the campaign will combine visual banner ads with live and pre-recorded audio spots.The station, which broadcasts an almost 24-hour service of sports news, debate and chat, has an archive of great sporting moments… Continue reading Talksport.net To Be Sponsored By BT
