International consumer magazine group, Future Network, has today announced that it has acquired two UK games magazines from Dennis Publishing for £2.5 million. The purchase of PC Zone and Computer & Video Games (CVG) from the US publishing house, includes sister website, computerandvideogames.com. Managing director, Robert Price said: “This acquisition is good news for Future… Continue reading Future Network Buys Games Mags For £2.5 Million
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The proposed £1 billion sale of the BBC’s commercial arm, BBC Worldwide, has generated a flurry of interest from commercial broadcasters, venture capital groups and investment banks. However, it is understood that some would-be buyers are being put off by confusion over the lucrative rights to successful BBC shows and products, such as The Office… Continue reading Sale Of BBC Worldwide Raises Issues Over Rights
Global advertising giant, WPP, has announced that half-year revenues have reached over £2 billion for the first time ever, spurred by a significant increase in advertising revenue. Revenues at the world’s second largest advertising group, rose from January to June by 6% year-on-year to £2.03 billion, stimulated by the effects of Euro 2004, the Olympic… Continue reading Revenues At WPP Exceed Expectations To Reach £2 Billion
Senior executives from Channel 4 and RTL, the pan-European broadcaster that holds the controlling stake in Five, are scheduled to meet next week to hold discussions about a possible tie-up between the two broadcasters. The two commercial rivals have made no secret of their desire to forge closer links to help them compete in the… Continue reading Television Bosses Set To Hold Further Merger Talks
Despite figures for US internet access hitting a plateau, broadband penetration continues to grow successfully, as a new study reveals that 51% of US surfers now access the web using a high-speed connection. According to a report from Nielsen//NetRatings, sixty-three million at-home internet users connected via broadband in July, citing a 47% year-on-year growth, compared… Continue reading Broadband Usage Closes In On Narrowband
Britain’s largest commercial broadcaster, ITV, saw positive growth yesterday, rising by 2.24% to close at 102˝p. However, the company has recently been forced to drop several high-profile shows from its prime-time positions in order to avoid further declines in its viewing share.The last few months have seen ITV become ruthless in axing peak-time programmes that… Continue reading Sharewatch: ITV Rises Despite Fears Of Revenue Short-Fall
Channel 4 looks set to provide viewers with increased betting opportunities through their televisions, following a deal with Sky Bet, BSkyB’s wholly-owned betting business.Sky will provide the broadcaster with interactive betting services for its live coverage of horseracing events. The service will run alongside a range of interactive services provided by Channel 4, including information… Continue reading Channel 4 Bets On Sky For Interactive Gambling Service
Channel Five has launched a dedicated commercial development team to maximise secondary revenue streams outside of traditional spot advertising.The newly created team will form part of Five’s existing airtimes sales division and will be responsible for growing revenue from sponsorship and promotions, interactive, joint ventures, telephony, licensing and merchandising.Five’s former head of sponsorship, Jon Lewis,… Continue reading Five Launches Commercial Team to Maximise Revenues
High-street retailer Woolworths has extended its sponsorship of radio chart show Hit 40 UK until 2006, in a deal that covers the programme as it is syndicated across numerous commercial radio stations and on Channel 4’s latest music television show.The deal, which is believed to be the biggest radio sponsorship deal in history, was brokered… Continue reading Capital Spins Sponsorship Deal With Woolworths
The Daily Telegraph has become Tate Modern’s autumn media partner in a deal that will see the paper support a number of exhibitions at the iconic contemporary art gallery.The deal, which begins on 6 October and runs until 23 January next year, will see the Telegraph feature the exhibitions in its daily arts pages and… Continue reading Telegraph Partners With Tate Modern For Autumn Season
