BSkyB was seen in the spotlight yesterday with shares rising by 3.08% as investors speculated ahead of today’s third quarter profits announcement. Many are bracing themselves for slowing subscriber numbers, but some argue that the bad news has already been priced into the stock.Meanwhile, ITV saw stocks creep up by a solid 2.18% after revealing… Continue reading Sharewatch: BSkyB In Focus Ahead Of Profit Statement
The UK TV market will become more, rather than less competitive, the chairman of Channel 4 told equity research company, Lehman Brothers. During the meeting, Luke Johnson said that he expects Freeview to become more attractive as more people find out about it. He also gave a pat on the back to the BBC, the… Continue reading TV Market To Become More Competitive Says C4 Boss
The National Magazine Company has formed a joint venture with American publishing giant Rodale International, in a move that could see the launch of a range of new health and fitness titles.The partnership will see Rodale’s magazine interests in the UK, which include Men’s Health and Runner’s World, run under the new company banner of… Continue reading Natmags Forms New Joint Venture Company With Rodale
Local US websites, operated by newspapers and TV stations, are expected to bring in revenues of more than $1 billion this year; a huge chunk of the total local advertiser spend which reached $2.1 billion last year says Borrell Associates. The What Local Websites Earn report says, these sites generate 10 to 20 times the… Continue reading Revenue At Local US Websites Set To Grow
Dennis Publishing is to stop producing its monthly women’s health and beauty magazine Shape after failing to compete for advertising revenue in the increasingly crowded sector.The decision to drop Shape from the Dennis Publishing portfolio leaves the magazine’s owner American Media with the task of finding another publishing partner in the UK, or face consigning… Continue reading Dennis Out Of Shape As Women’s Title Is Dropped
BSkyB today announced that operating profit hit record levels in its third quarter and confirmed that the FA Premier League games would not be sub-licensed as all of the bids received by the group failed to meet the reserve price tag.Operating profit for the nine month period to the 31 March 2004 rose by an… Continue reading Sky Turns Down Premier Bids As Profits Soar
ITV Sales is experiencing a surge in advertising revenue following a high demand for commercial spots during its coverage of the forthcoming European 2004 football championships.The broadcaster claims to be enjoying the ‘most buoyant’ airtime advertising market for four years, with a number of high-profile motoring, finance, alcohol and sports manufacturers clambering to associate themselves… Continue reading ITV Sees Revenue Surge As Euro 2004 Approaches
A controversial television commercial for Ford’s new SportKa has claimed the top spot in a chart of headline grabbing advertisements, despite being banned by the car manufacturer.The 40-second spot, showing a cat being decapitated by the SportKa’s sunroof, sparked outrage from all corners after being leaked on to the internet.Originally created by Ogilvy & Mather,… Continue reading Controversial Ford Campaign Puts Cat Among The Pigeons
Former Jazz FM chief executive, Richard Wheatly, is returning to commercial radio at the helm of the Local Radio Company, which looks set to acquire Radio Investments for around £40 million later this week. The Local Radio Company is thought to be on the brink of announcing details of the acquisition, which will see it… Continue reading Former Jazz FM Boss To Front Radio Investments Buy-Out
US outdoor advertising company, Lamar, announced that revenues for the first quarter are up 9.1% on the same period last year, to $201 million. Operating income, for the quarter ending 31st March 2004, rose from $2.3 million in quarter one last year, to £13.4 million. Commenting on the Lamar results, Merrill Lynch said: “Quarter one… Continue reading Merill Lynch More Bullish After Lamar Results
