Formula 1 chief Bernie Ecclestone has ploughed a reported £4 million into the launch of a new monthly business title called EuroBusiness. The pan-European title launches on 2 May and will be edited by Tom Rubython, founder of the original Sunday Business.EuroBusiness is targeting the pan-European advertising market and is to sell its advertising space… Continue reading F1 Supremo Funds New EuroBusiness Mag
The fast growth of home internet usage is starting to draw audiences away from some of the more traditional media, such as television and magazines. A new study by Continental Research has found that over one third (34%) of people spend less time watching television since they have ‘gone online’. Almost a quarter of people… Continue reading Online Usage Hits Traditional Media
Digital One, the national digital radio network run by GWR and NTL, has lined up 30 tenders to supply programmes for its raft of new digital channels (see Digital One Advertises Three Channel Tenders).Three new channels will be available when the service launches in the fourth quarter of this year: Plays, Books and Comedy, soft… Continue reading Digital Radio Network Lines Up Possible Programme Suppliers
News International (NI) is understood to be planning the launch of free internet services which will be branded through its Times and Sun newspapers. NI is currently a joint partner with BT in the LineOne internet service provider (ISP), but reports this week claim the company is about to pull out of the venture in… Continue reading News International Expected To Launch Free ISP Services
ITV heavyweights, Carlton and Granada, have been formally warned by the Independent Television Commission (ITC) for ‘unreasonable discrimination’ against rival broadcaster BSkyB.A spat between ITV and BSkyB has been developing for some time now, mainly because the two groups are competing in the world of digital television. Carlton and Granada’s ONdigital service is going head… Continue reading ITV Companies Reprimanded Over Discrimination Against BSkyB
VNU Business Publications is launching a new promotional TV campaign for its Computeractive magazine, beginning on 7 April. The campaign continues the theme of the ads which were shown last Autumn (see Computer Magazine Activates Advertising).As part of the £650,000 push, issues 30 and 31 of Computeractive are to have free booklets distributed with the… Continue reading New TV Campaign For Computeractive
Northern newspaper publisher, Regional Independent Media (RIM), yesterday announced a jump in operating profits of 22.5% to £31.4 million. RIM has tabled a takeover bid for the Mirror Group (see Trinity Offers £1 Billion For Mirror Group) and has applied to the Monopolies and Mergers Commission for the go-ahead to acquire the group.Mirror has also… Continue reading RIM Sees 23% Rise In Operating Profits
Independent Newspapers, owners of the Independent titles, yesterday reported a fall in pre-tax profits from IR£100 million to IR£70 million. The Independent reported its first year on year growth in circulation in three years in the latest ABC figures (subscribers can access Newsline‘s ABC Round-Ups in the Press features list).Independent Newspapers took full control of… Continue reading Sharewatch
MindShare has restructured its senior management, under the hand of MD Simon Rees, in preparation for the next stage of the media company’s evolution. Kevin Razi, previously managing partner, has been promoted to the new post of deputy managing director and will work alongside Rees.A series of other promotions have been put in place in… Continue reading MindShare Reshuffles Management To Provide One-Stop Shop
The Independent Television Commission (ITC) is to investigate claims that some parts of the Channel 4 Guns On The Street documentary were faked. The programme, shown the day after the Dunblane massacre in March 1996, claimed to show the video diaries of two people in Manchester who were concerned about the local arms trade.However, an… Continue reading ITC Investigates Claims Of Fake C4 Documentary
