Pearson, the international media group, said today it expected its flagship newspaper, the Financial Times, to break even by the end of the year despite an erratic advertising market. The publishing group said ad revenues for the first nine months of this year were up 2%, and forecast the Financial Times would break even in… Continue reading Financial Times Expected To Break Even By Year End
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Rupert Murdoch’s News Corporation yesterday unveiled plans for keeping potential take-over bidders at bay, following a move by Liberty Media last week which saw it raising its stake in the group from 9% to 17%. According to today’s Financial Times, the plans, which were approved at last weekends board meeting, would see News Corp’s shareholders… Continue reading News Corp Puts Plans In Place To Stop Potential Take-Over Bids
Freeview will today tell the government that the cost to consumers of converting Britain to digital TV is likely to be in the region of £1 billion, a third more than previously estimated. Research commissioned by Freeview and carried out by TNS Research, showed that the cost of digital terrestrial TV more than doubles for… Continue reading ‘Digital Britain’ Will Incur £1bn Bill
ITV enjoyed a rise of 0.47% on its share price yesterday, closing at 107žp. The broadcaster was preparing to publish the results of research into the effectiveness of television advertising on sales, forming part of its recently launched Values of Fame marketing campaign.The results mark the culmination of eight years of research by ITV, which… Continue reading Sharewatch: ITV Rises As Ad Research Nears Completion
In an industry where reach used to be the priority (now that is only the case in less mature markets such as Africa, India, Pakistan and China), connection strategies are now key, according to Frank Harrison, strategic resources director at ZenithOptimedia Worldwide.In an important, extensive presentation at the MRG Madrid Conference, (that would certainly have… Continue reading ZenithOptimedia’s Harrison Suggests New Research Tool
class=”article”>The Media Research Group conference in Madrid attracted papers and presentations from every area of the industry. Derek Jones, managing director of MediaTel Group, takes a look at the best and the worst that the conference had to offer…The MRG 40th Anniversary conference ended on Friday rather as it had begun – a little weakly… Continue reading NewsLine Comment: Derek Jones – MediaTel Group
The BBC has announced plans to rein in its £111 million internet operations and close a raft of websites in response to criticism from a review commissioned by the Government earlier this year.The Corporation’s board of governors yesterday published their response to the Graf review and outlined a new remit for bbc.co.uk, which has come… Continue reading BBC Announces Radical Shake-Up Of Online Operations
The Financial Times is believed to be considering plans to close its weekly Creative Business media supplement, as part of an extensive £7 million cost cutting drive.Reports suggest that closing the supplement would save around £400,000 a year for the paper, which posted a loss of £32 million last year as advertising revenues slumped and… Continue reading Financial Times Could Close Creative Business
Carat has announced plans to invest in a long-term research project designed to provide advertisers with a complete picture of the UK consumer landscape.Over the next few years the agency plans to invest a six-figure sum in the Project Britain initiative, which aims to provide clients with a composite understanding of modern British life via… Continue reading Carat Launches Project Britain Research Study
