Adscene’s share price fell by 3˝p by the close of trading yesterday to 195˝p. The group received a takeover approach earlier this week (see Newsline).Pearson gained 51p rising to 1411p. The media group’s 1998 annual report, released this morning, shows that chief executive Marjorie Scardino’s pay package exceed one million pounds: Scardino saw a 39%… Continue reading Sharewatch
A number of US companies yesterday issued a warning about a new and potentially dangerous computer virus which is currently being distributed through the internet. The virus is embedded in an executable file which can be attached to an email message and sent to hundreds of users in one go.These emails contain a file called… Continue reading New Net Virus Threatens Office Workers
The deadline for entries to the 1999 Online Journalism Awards is fast-approaching. The awards for internet-based journalism will be presented at this year’s NetMedia Conference which takes place 1/2 July 1999 at City University, Northampton Square, London EC1.Entries for the Journalism Awards should be submitted before 7 April. More information on award categories and entry… Continue reading NetMedia ’99 Online Journalism Awards
Following reports of a large number of complaints to the Independent Television Commission last month, regarding the advert for EMAP’s new weekly Heat magazine (see Newsline), the watchdog has asked the EMAP to withdraw the adverts.According to its monthly report, the ITC received complaints from 318 viewers about the ad, which showed different people in… Continue reading ITC Bans Hot Emap TV Advert
The BBC might need to begin carrying advertising in order to raise its revenue, according to a submission from the Incorporated Society of British Advertisers (ISBA) to the BBC Funding Review Panel today. It follows submissions from both ITV and the CRCA (see Newsline).ISBA believes that in order to maintain the quality and diversity of… Continue reading ISBA Suggests BBC Uses Spot Advertising To Increase Revenue
The Independent Radio Group, owner of six radio licences in Scotland and the north-west, yesterday posted its annual financial results for 1998. The group, which launched Wire FM at the beginning of last year, reported a reduction in pre-tax losses from £2.8 million to £2.5 million.Group sales increased by 10% to £3.9 million, with an… Continue reading Independent Radio Reduces Losses
The Commercial Radio Companies Association (CRCA) and ITV have today submitted a letter to the secretary of state for culture, media and sport, Chris Smith. Both are voicing a shared view as regards the future funding of the BBC.The two bodies feel that the BBC Funding Review Panel, which is asking for money for further… Continue reading Commercial Broadcasters Say BBC Should ‘Live Within Its Means’
The Scottish Media Group (SMG), owner of Scottish Television and the Sunday Herald, has announced that it has acquired the Scottish outdoor advertising companies Baillie Advertising and Baillie Lite.Baillie is based in Edinburgh and has a total of 357 larger 48-sheet sites and 367 smaller 6-sheet sites spread across Scotland. The acquistion adds to SMG’s… Continue reading Scottish Media Group Expands Outdoor Portfolio
EMAP fell sharply yesterday following an analysts’ briefing which caused profit forecasts to be downgraded. Shares closed down 61p at 1,220p. The TV campaigned for EMAP’s Heat magazine has this week been banned by the Independent Television Commission (see ITC Bans Hot Emap TV Advert)Adscene, the regional newspaper publisher, was boosted by the news that… Continue reading Sharewatch
The Mirror Group has announced that it is creating a new group division – Mirror New Media and Interactive Services. The branch, headed up by David Clarke as chief executive (formerly chief executive at Virgin Net), will launch a free Internet service, ic24.co.uk (see Newsline). These developments are a result of the review which the… Continue reading Mirror Group Announces New Media Division and Free ISP
