Independent News and Media PLC has had a positive 2004, according to their pre-close trading statement, enjoying strong revenue growth and an expected 10% increase in group circulation revenue year on year. All of the companies major markets, Australia, Ireland, New Zealand, South Africa and the UK have seen impressive revenue growth, with a strong… Continue reading Independent Prepares To Close Book On Successful 2004
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Sales of digital televisions (DVTs) in the US look set to reach the 27.05 million mark by 2008, increasing by 20.08 million, from 6.97 million units in 2003, according to the Consumer Electronics Association (CEA). The total number of DVT units sold so far this year is 6.3 million, with almost 844,000 units sold in… Continue reading US Digital TVs To Top 27 Million By 2008
Media communications and market research group Aegis saw share price increase yesterday, going up by 3.23% to close at 103žp. This positive climb comes a head of the company trading statement in which Aegis said that they were confident that full-year results would be in line with its previous expectations and that the company is… Continue reading Sharewatch: Aegis Strong After Positive Trading Statement
The proposed merger between GWR and Capital Radio was given the go ahead today, with news that the Office of Fair Trading will not be referring the two companies’ consolidation to the Competition Commission, instead accepting undertakings to address competition concerns.The broadcasters will now be required to address concerns over local radio advertising in the… Continue reading Capital GWR Merger Escapes Competition Inquiry
A High Court judgement was handed down yesterday, clearing magazine publisher Highbury House of any wrong doing against rival publisher IPC’s claims that its Home magazine was too similar to its Ideal Home title.IPC had complained that the design of Home‘s front cover and certain internal features of the magazine were too similar to its… Continue reading Highbury Wins IPC Media Copyright Case
New predictions from the BBC claim that sales of DAB digital radios are set to reach, and exceed, one million units by January 2005, following an anticipated boost from Christmas sales.The new predictions update those made earlier this year by the Corporation that sales of digital radios could reach a million by 2005. However, sales… Continue reading DAB Radio Sales Expected To Reach 1 Million By January
Media research specialist Nielsen Entertainment has announced a partnership with video game advertising network Massive Incorporated to provide accountability and measurement for campaigns run within computer games via Massive’s network to game fans around the world.Nielsen claims the agreement is a critical advance in the validation of video games as an “effective and viable advertising… Continue reading Nielsen Launches In-Game Ad Measurement System
Reports over the weekend suggest that the London Evening Standard could drop its cover price and merge with sister publication Metro.Publisher Associated Press has officially denied the rumours, but speculation has continued that the company could be looking at introducing a cover price of 10p and 20p for certain editions of the paper, which has… Continue reading Evening Standard May Drop Price To Boost Circulation
UK magazine publisher Highbury House Communications has today issued a trading update of their expected results, outlining a weak performance in the second half of the year that did not live up to expectations published in its interim statement in September. As a result, the Group’s share price dropped by 1.13% to 6.62p. The Group… Continue reading Highbury House Has Disappointing Second Half Of Year
American television distributor, Liberty Media International (LMI) has sold its stakes in Belgium cable company Telenet and Irish cable company Chorus Communications to its UnitedGlobalCom Inc subsidiary. Telenet, Belgium’s largest cable operator with about 2.5 million subscribers, was sold for approximately $143 million, of which $121 million was paid to LMI. UnitedGlobalCom Newco now owns… Continue reading Liberty Media Sells Cable Stocks
