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The magazine industry is in the midst of a revolution with opportunities outweighing risks in the sector, according to Paul Keenan, chief executive of Emap Consumer Media, who was speaking at MediaTel Group’s latest seminar this morning.Fellow panellist, Future plc’s chief executive, Stevie Spring, was equally optimistic. “The buying and reading of magazines is alive… Continue reading Seminar Spawns Optimism For Magazine Market

Virgin Media saw its revenue increase to £1,081.6 million in the fourth quarter of 2006, up from £1,024.9 million in Q3. Year on year revenue growth in Q4 was £597 million, which Virgin Media says is due to the merger with Telewest and the acquisition of Virgin Mobile. Consumer revenue in the fourth quarter of… Continue reading Virgin Media Records Q4 2006 Revenue Increase

The imminent restructure of Emap’s consumer business will see jobs cut, according to Emap Consumer Media CEO Paul Keenan. Speaking at today’s MediaTel Group Future of Magazines seminar, Keenan said that the changes would see Emap stop doing a number of processes, which will in turn lead to job losses. However, Keenan stressed that the… Continue reading Job Losses To Come At Emap’s Consumer Business

The magazine industry needs to adapt in the digital age, with the key being the evolution of content to take readers online, rather than the replication of magazines online, according to panellists at this morning’s latest MediaTel Group seminar. It is important to give readers a reason to go to magazines’ online offerings, said Future… Continue reading Magazines Must Work Harder To Evolve Content For Digital Platforms

Speaking at the latest MediaTel Group seminar, on the Future of Magazines, Marc Mendoza, managing partner of Media Planning Group, aired his views on the current and future relationships between media agencies and publishers. Unsurprisingly, Mendoza said that media agencies want the benefits of tried and trusted titles, such as circulation guarantees, but linked in… Continue reading Magazine Brands Coming Second To Risk Aversion

The magazine industry is in the midst of a revolution with opportunities outweighing risks in the sector, according to Paul Keenan, chief executive of Emap Consumer Media, who was speaking at MediaTel Group’s latest seminar this morning. Fellow panellist, Future plc’s chief executive, Stevie Spring, was equally optimistic. “The buying and reading of magazines is… Continue reading Seminar Spawns Optimism For Magazine Market

The secretary of state for trade and industry, Alastair Darling, has asked Ofcom to review BSkyB’s acquisition of a 17.9% stake in ITV, with reports in the trade press claiming that the review could be widened to include all of Rupert Murdoch’s UK media assets. The review is to ascertain whether the Sky purchase “raises… Continue reading Darling Orders Investigation Of Sky/ITV Deal

Former director general of the Confederation of British Industry, Sir Digby Jones, could lead a bid to buy 47 of Trinity Mirror’s Midlands based newspapers. The titles include the Birmingham Post and 46 other local papers, including the Birmingham Mail and the Coventry Evening Telegraph. Sir Digby is quoted in today’s Financial Times as saying… Continue reading Digby Jones Could Buy Trinity Mirror’s Midlands Papers

The US satellite radio company XM saw its revenue for 2006 increase 67% year on year to $933 million. The company also added 1.6 million new net subscribers in 2006 for a total of 7.6 million subscribers. Hugh Panero, XM CEO, said: “2006 was a pivotal year for XM. The automobile market is emerging as… Continue reading XM Radio Records Revenue Increase

A new report from In-Stat claims that portable devices for playing media are becoming more popular than ever before. The In-Stat report forecasts that digital radio receivers will reach 26 million unit shipments worldwide by 2010. It adds that the worldwide market for ‘edutainment’ toys is expected to hit 81 million units by 2010. In… Continue reading Portable Media Devices Becoming More Popular