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The BBC has unveiled plans to take radical cost cutting measures so that more of its £2.68 billion licence fee income can be invested in making programmes. According to a report in today’s Financial Times, a small team of managers overseen by John Smith, BBC finance director and chief operating officer, is planning radical action… Continue reading BBC Plans Radical £100 Million Cost Reductions

Throughout June, the progress of the advertising recovery was closely monitored and scrutinised by market analysts and advertising chief executives alike, with each having their own view point on how things are shaping up. A study from the Chartered Institute of Marketing said that confidence among Britain’s marketers had reached one of its highest levels,… Continue reading INSIGHTanalysis: Media Healthcheck – June 2004

As audiences begin to migrate to digital technology, the prospect of switching off the analogue radio signals has been raised by the government for the first time. Talk of future plans, similar to those for the television digital switch-over have been aired by Tessa Jowell, secretary of state for department of culture, media and sport.… Continue reading Analogue Radio Switch-Off Raised By Jowell

The newspaper industry must do more to claw back advertising revenue, claimed Maureen Duffy, the chief executive of the Newspaper Marketing Agency (NMA). As reported by MediaGuardian, Duffy said that the newspaper industry has been outmanoeuvred by television, radio and outdoor poster companies and only had themselves to blame for failing to stop the migration… Continue reading Press Must Claw Back Ad Revenue

The future of free-to-air (FTA) television may find itself in trouble after 2014, as competition from other forms of information and entertainment technology hots up, says a report from research and consultancy group, Paul Budde Communication. According to the report, FTA television can easily survive the next ten years but its future after that is… Continue reading Free-To-Air TV Set To Hit Troubled Times

The international specialist consumer magazine group, Future Network, has today revealed that revenue for the first five months of 2004 is up by 8%, fuelled by growth in Europe and the United States. The trading update, issued prior to the interim results due on 14 September 2004, shows that mainland Europe outperformed all other regions,… Continue reading UK Lags Behind Europe And US Growth For Future

Media and marketing research group, Aegis, today said that revenues for the first half of this year are expected to be comfortably ahead of last year in its three operating regions; Europe, US and Asia. The trading update, issued prior to the interim results due on 7 September 2004, said that during the past few… Continue reading Aegis Performing Ahead Of Last Year

Independent News & Media saw impressive performance last week, rising by 7.03% analysis to close at 137p on Friday. The company recently announced that strong revenue growth has been enjoyed across all major markets for the first half of 2004.Executive chairman of INM, Sir Anthony O’Reilly, revealed that total revenues for the newspaper group are… Continue reading Sharewatch: INM Soars Following Strong First Half Growth

The Government is understood to be preparing a valuation of Channel 4 as the Treasury gives further consideration to a sell-off of the state-owned broadcaster, further fuelling rumours of a merger with Five.Government officials are understood to have consulted several city banks over the valuation process, giving a clear indication that privatisation for Channel 4… Continue reading Channel 4 Set For Valuation Ahead Of Possible Sell-Off

Aegis Group is in the process of creating a new international media network to integrate its £564 million a year digital and interactive advertising business under a single umbrella brand.The Isobar network will unify the 18 companies that Aegis has acquired during its push into the digital advertising market. It will operate in 19 countries… Continue reading Aegis Creates Global Network For Digital Marketing