The BBC has this morning denied reports that it is planning to float its commercial internet venture beeb.com. A spokesperson for the Corporation described a report in today’s Times as “wild speculation” ahead of the Davies Report which is examining possible new ways of funding the BBC.The Davies Report is expected to be released in… Continue reading Beeb.com Flotation Denied By BBC
Cable & Wireless Communications’ (CWC) digital television service will offer interactive advertising from early next year in a system developed by interactive TV games company, Two Way TV. CWC’s digital cable TV service, which launched at the beginning of this month (see CWC Offers ‘More Than Just TV’ In £20m DTV Campaign), already features a… Continue reading C&W And Two Way TV Develop Interactive Advertising Service
Anglo-Dutch publishing group, Reed Elsevier, has this morning announced the appointment of a new chief executive after an 11 month search. Crispin Davis is to fill the role of chief executive officer from 1 September; he will also become CEO of Reed International and chairman-designate of the executive board of Elsevier NV.Davis moves to Reed… Continue reading Reed Elsevier Concludes Search For Chief Executive
Total terrestrial television revenue for June 1999 (including GMTV) stood at £204.7 million, according to agency estimates. ITV total revenue rose 7.3% year on year, Channel 4’s was up 12.0% and Channel 5’s rose by 34.0%. Revenue for GMTV continued to drop in June, this time by 2.1%, according to the estimates. Total revenue for… Continue reading TV Revenue – June 1999
After confirming that it has entered exclusive merger talks with NTL, Cable & Wireless (C&W) rose 12p to 827p yesterday (see NTL Enters Exclusive Negotiations With Cable & Wireless). Cable & Wireless Communications (CWC), C&W’s UK cable TV and telephony subsidiary and target of the merger, dropped 6˝ to 725p. Telewest Communications, which was also… Continue reading Sharewatch
Total terrestrial television revenue for June 1999 (including GMTV) stood at £204.7 million, according to agency estimates. Of this, ITV took £140.6 million, a rise of 7.3% year on year; Channel 4 drew in £45.8 million, up 12.0% on June 1998 and Channel 5 took £13.6 million, a rise of 34.0%.Revenue for GMTV continued to… Continue reading TV Revenue – June 1999
Three senior media buyers will next month open a new agency offering advertisers a quality of service which the founders believe is not always available from some of the larger agencies. Richard Britton, former media director at CIA, Nigel Breckon, previously press director at Carat and Bill Jones, who headed MediaCom, will open the doors… Continue reading Senior Buyers Form Start-Up Agency
UK cable company NTL, this morning announced that it has now entered exclusive discussions with Cable & Wireless in order to conclude its £8 billion bid for the cable assets of Cable & Wireless Communications (CWC). NTL’s bid for CWC is being backed by France Telecom, which acquired a 10% stake in NTL for £640… Continue reading NTL Enters Exclusive Negotiations With Cable & Wireless
Internet service provider (ISP) and portal site, AOL Europe, has this morning confirmed plans to launch a subscription-free internet access service called Netscape Online. Netscape Online will complement the existing pay services branded as AOL and Compuserve.The venture will also provide competition for Dixons’ successful Freeserve service which launched in September last year and has… Continue reading AOL Challenges Freeserve With Free UK Net Access
Stephen Grabiner, the former chief executive of ONdigital, has rejected a job at Rupert Murdoch’s eVentures, moving instead to investment group Apax Partners. Grabiner will be a director on the international media team at Apax.At the time of his departure from ONdigital, it was understood that Grabiner had been offered a senior position at Murdoch’s… Continue reading Grabiner Rejects eVentures For Investment Group
