Monday Regional newspaper publisher, Southnews, releases interim financial results today.A TV Round-Up for October will be available on Newsline shortly.Wednesday Leisure and television group, Granada, releases its finals. Granada still holds a 4.28% stake in BSkyB which it is expected to dispose of sometime soon as the two groups are strong rivals in the digital… Continue reading The Week Ahead
Associated New Media (ANM), the online arm of Associated News & Media, is to launch a personal finance website, www.thisismoney.co.uk/, early in the new year. This follows in its This Is… series of sites which have been developed across the country.The website is to target the same middle market of consumers as the group’s Daily… Continue reading Associated New Media Launches Personal Finance Website
The cost of Southnews’ aborted takeover of Home Counties Newspapers (HCN) (see Southnews Launches £59m Home Counties Bid) was £500,000 the group has announced in its first half financial results today. Southnews’ bid for Home Counties was toppled at the last minute by Eastern Counties Newspapers with bough HCN for £58.3 million (see Home Counties… Continue reading Profits Up At Southnews
Global media services agency, Zenith Media, has released the first edition of its Top UK Media Owners research. Like the company’s Top 50 European Media Owners it has an essay on each owner complete with financial data about the company.Owners are ranked by media-related revenue which makes United News & Media top of the pile… Continue reading UNM Comes Top Of Zenith Media Owners List
News Corporation chairman Rupert Murdoch has announced the formation of a new company to investigate and manage media investments in continental Europe.News Corp Europe will be based in Milan and chaired by Mrs Letizia Moratti, the former chairman of Italian state broadcaster RAI.Mr Murdoch also announced that News Corp Europe, along with French TV company… Continue reading Murdoch In New Europe Media Move
The European Parliament has adopted a controversial report on consumer protection which calls for additional responsibility from manufacturers of defective products. Adopting the Roth-Behrendt report on farmers’ liability, MEPs voted in favour of amendments which call into question a number of EU principles over producer liability. Speaking on behalf of the Commission, Mario Monti said… Continue reading EU: EP Report on Consumer Protection
The EP’s call for proposals for a Europe-wide code to govern media ownership, has received a mixed response. The Association of Commercial Television (ACT) said that MEP’s demands came as no surprise, but “the debate has moved on. We are now in a digital age.” The European Newspaper Publishers Association (ENPA) welcomed the debate as… Continue reading EU: Media Ownership proposals
DMG Radio, a subsidiary of Daily Mail & General Trust, has agreed to acquire Sussex-based Radio Mercury for £3.75 million.Radio Mercury runs Mercury FM and Fame 1521 AM which broadcast across the Reigate and Crawley area and have a combined weekly reach of 87,000 listeners according to the latest RAJAR figures. The takeover will be… Continue reading DMG Radio Acquires Radio Mercury
The German government’s case concerning the EU Directive on tobacco advertising reached the European Court of Justice on 19th October. The government’s core argument against the legality of the Directive is that the EU has no competence to set up rules in the area of health protection. The German company Salamander AG has filed an… Continue reading DE: Legal action gets under way
The South African Health Minister has presented a bill to the Parliament’s health committee proposing a ban on all forms of tobacco advertising and sponsorship, plus a ban on smoking in any public area including the workplace. Enforcement measures have not yet been defined.
