Independent News & Media has agreed a financial standstill deal with its principal banks and bondholders, giving it until late June to negotiate the refinancing of its €200 million (£178 million) bond. The standstill period starts today and runs until 26 June. INM said that to aid the negotiations a committee of bondholders has appointed… Continue reading INM agrees financial standstill agreement
More Uk articles
Aegis has reported an 11.6% fall in organic revenue growth for the first quarter of 2009. However, the UK media-buying and research group has predicted a “resilient” performance for 2009 overall. The company said that reported group revenues, which include effects such as a significant exchange-rate benefit, grew by 6.5%, while its Aegis Media division… Continue reading Aegis reports 11.6% Q1 fall in organic revenue
Saturday night was a talent show bonanza, with Britain’s Got Talent going head to head with the song writing crème de la crème of Europe in the Eurovision Song Contest 2009.The hour long BGT, on ITV1 from 8.20pm, grabbed an impressive peak of almost 10.3 million viewers – a 42% share of the TV audience… Continue reading Another Saturday night triumph for Britain’s Got Talent
The Sun is cutting its cover price from 30p to 20p in London from today, making it the joint cheapest national newspaper in London with the Daily Star.The News International paper’s cover price will remain 60p in the capital on Saturdays.ABC figures for April show that the Sun had a circulation of just under three… Continue reading Sun cuts cover price to 20p in London
While online UK newspapers draw substantial domestic audiences, most attract even larger international audiences, according to new research from comScore. comScore found that 15.9 million people in the UK visited a newspaper website in March, representing a 43% reach of the country’s online population. According to comScore, The Sun Online was the most popular online… Continue reading UK online newspapers drawing large international audiences
UTV Media, owner of the Northern Ireland ITV franchise and talkSPORT, has reported a 19% decline in ad revenues at its TV division and a 15% drop at its radio operation for the first four months of the year.The broadcasting group, which owns more than 20 radio stations across the UK and Ireland, said the… Continue reading talkSPORT owner UTV reports 19% drop in ad revenue
UTV Media, owner of the Northern Ireland ITV franchise and talkSPORT, has reported a 19% decline in ad revenues at its TV division and a 15% drop at its radio operation for the first four months of the year. The broadcasting group, which owns more than 20 radio stations across the UK and Ireland, said… Continue reading UTV reports 19% drop in ad revenue
Discovery has delayed the launch of its Freeview channel Quest for a second time.In a statement, the network said: “[The] challenging economic environment and a number of other commercial factors have made a delayed launch more financially prudent.”Discovery said it did not take the decision lightly – “it is our intention to launch the channel… Continue reading Discovery delays the launch of Quest
Clear Channel Outdoor is set to offer targeted advertising opportunities around the forthcoming Ashes cricket series.The outdoor firm has identified ad solutions from June 15 to help agencies take advantage of the cricket series, which attracted over 400,000 spectators the last time it took place over in the UK over the summer of 2005.Clear Channel… Continue reading Clear Channel offers targeted ads around Ashes series
There has been a decrease in mobile advertising recall in the UK, according to the latest quarterly Mobile Advertising Report by Brightkite and GfK Technology.However, the report found that the longer term trend is still positive, with an increase of five per cent since Q4 2008.Colin Strong, deputy MD of GfK Technology, said: “We are… Continue reading UK mobile advertising recall falls
