RTL Group, owners of Channel Five, has seen overall revenues for 2005 increase by 4.9% reaching €5,115 million, with earnings before interest enjoying a 6.9% rise year on year. Despite mixed advertising conditions in Europe continuing, RTL reported an increase in profit of 42.6% for 2005, hitting €616 million, while net income jumped by 47%… Continue reading RTL Enjoys 5% Revenue Jump In 2005
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News producers are shifting their budgets away from traditional media and onto the internet, with a new report finding that with the exception of cable TV, ad budgets are eroding for offline media. According to the State of the News Media 2006, from Columbia University’s Graduate School of Journalism, newspaper revenue rose by between 1%… Continue reading Offline News Media Losing Out To Online
Scottish Media Group (SMG) has reported a 11% rise in underlying operating profit for 2005, driven by a 4% year on year increase in revenue, reaching £210 million. Television revenues for the Group grew by 3% in 2005, with operating profits jumping by 19%, resulting in SMG’s television business living up to expectations and outperforming… Continue reading SMG Sees Profit Increase Of 11% In 2005
Titan Holdings has bought outdoor advertising company, Maiden, for just under £50 million, with the deal accepted this morning by 57% of Maiden’s shareholders. Maiden is believed to be around £39 million in debt and has struggled in recent months, pulling out of the race for Irish rail and bus operator, CIE, at the end… Continue reading Titan Buys Maiden For Under £50 Million
Daily Mail and General Trust (DMGT) is in talks to sell the Scottish arm of its local newspapers division, despite its recent decision not to auction Northcliffe Newspapers. According to a report in the Financial Times, DMGT is rumoured to be considering a sale for up to £120 million. DMGT announced last month that, after… Continue reading DMGT Rumoured To Be Selling Scottish Newspapers Division
The US television market is stagnating, with new figures from Nielsen Media Research showing that the average US household received 96.4 television channels in 2005, rising by just four from 2004’s figure of 92.6. According to eMarketer, US consumers are turning away from broadcast channels and spending more time with cable and satellite channels. In… Continue reading US TV Market Stagnating
Consumer spend for online content in the US increased by 15% year on year in first six months of 2005, reaching $987 million, with quarterly sales topping half a billion dollars for the first time ever. According to new figures from the Online Publishers Association (OPA), Entertainment/Lifestyles overtook Personals/Dating to become the leading paid content… Continue reading US Consumer Online Content Spend Tops $987 Million In First Half 2005
BBC One’s detective drama Dalziel and Pascoe floored competition from ITV last night, which delivered disappointing ratings with the first episode of emotional drama, A Good Murder.The ITV show, which concludes tonight, drew just 4.2 million adults on average, compared to 6.3 million for BBC One.Elsewhere, the Corporation traded blows with ITV’s Monday night soap… Continue reading ITV Drama Arrested By Dalziel And Pascoe
Rupert Murdoch has outlined his vision of a future media landscape, remaining unflinching in the face of threats to traditional media owners, and the changes brought by new media and the internet.Delivering the annual Livery Lecture at The Worshipful Company of Stationers and Newspaper Makers yesterday, the media mogul outlined the increasing move towards new… Continue reading Murdoch Sees Future In Fragmented Media
Reports this morning suggest the BBC faces defeat over its bid for an increased licence fee, with the Financial Times giving over its front page to claims the Corporation is being “unrealistic” in its request.This afternoon will see the Government publish a white paper on the future of the BBC, delivering a ruling on its… Continue reading BBC Set For Defeat Over Increased Licence Fee
