Pearson has no intention of selling its flagship newspaper the Financial Times, according to Dennis Stevenson, outgoing chairman of publishing group Pearson.Speaking at the companies annual general meeting, Stevenson said that while the group is “always looking at its options…we are not considering selling the FT”.Stevenson also said that cost-cutting at the Financial Times means… Continue reading Pearson Will Not Sell Financial Times
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UK publishing group Pearson’s flagship Financial Times newspaper is continuing to improve, enjoying a 3% increase in advertising revenues so far this year, compared to 2004. Pearson said that if advertising sales in the Financial Times follow this upward trend then the newspaper is expected to break even this year. Commenting on the group’s strong… Continue reading Financial Times Looking To Break Even
The Competition Commission (CC) has today formally cancelled the reference concerning the proposed acquisition by Future Plc of Highbury House Communications, after the CC received assurances from Future that the deal had been abandoned.The case was sent to the CC earlier in the month, after concerns were raised that the merger of the two publishing… Continue reading CC Cancels Proposed Future Bid For Highbury
ITV’s latest reality TV offering, Celebrity Wrestling has a red button application from interactive TV developer, Pushbutton, linking viewers to a games service, where they can play a video game based on the show.Pushbutton has developed several ‘red button’ applications for ITV shows, including I’m A Celebrity… Get Me Out of Here!” and The X… Continue reading Pushbutton Provides Interactive For Celebrity Wrestling
Virgin Radio has unveiled its new branding as “Virgin Radio The Music We All Love”, using what it describes as an emotional statement to broaden its appeal and expand its listenership beyond its core rock and alternative music audience.The new branding will be driven by a high profile advertising campaign, which will include new artwork… Continue reading Virgin Takes To The Road With New Branding
The Competition Commission (CC) has today formally cancelled the reference concerning the proposed acquisition by Future Plc of Highbury House Communications, after the CC received assurances from Future that the deal had been abandoned. The case was sent to the CC earlier in the month, after concerns were raised that the merger of the two… Continue reading Competition Commission Cancels Proposed Future Bid For Highbury
Awareness of Voice-over-IP service (VoIP) has yet to penetrate the marketplace, despite predictions that the technology will rise to 19.2 million lines by the end of 2007, up from 6.5 million at the end of 2004, according to TIA and Wilofsy Gruen and Associates. A new survey from TNS Telecoms shows that just 26% of… Continue reading Consumers Lack Knowledge Of VoIP
Broadcaster ITV has bought UK digital multiplex operator SDN for an upfront deal of £134 million, furthering its growth in the digital arena.SDN is jointly owned by United Business Media (UBM) and S4C digital media, with its customers including Channel 5, the BBC, QVC and Disney.ITV is also said to be paying a further £15… Continue reading ITV Pays £134 Million For Multiplex Operator
London’s Heart 106.2 is embarking on its biggest-ever TV and press marketing campaign marking the launch of the new “Heart Breakfast with Jamie Theakston”.The £2 million campaign, starting on 16 May, will run for ten weeks across Carlton, LWT. Channel 4, Five and key satellite networks including ITV2, E4, Living and UKStyle.The campaign will be… Continue reading Heart Starts £2 Million Plug For Breakfast Show
Guardian Media Group (GMG) will not consider selling its radio stations for less than £150 million, making it unlikely that a deal will be made anytime soon.Last month, GMG was reported to have rejected a £115 million offer for its radio division from Chrysalis. GMG is thought to value its stations at between £150-£175 million,… Continue reading GMG Quashes Imminent Deal Rumours
