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The US Senate has stepped up its efforts to scupper new media ownership laws by invoking a seldom used “congressional veto” that threatens to frustrate rule makers. The Federal Communications Commission (FCC) is seeking to relax existing restrictions on ownership. Proposed moves include scrapping the ban on cross-ownership of newspapers and television and allowing broadcast… Continue reading US Congress Stands Up To FCC Over Media Ownership

UK magazine publisher Highbury House Communications (HHC) today said that the costs of its acquisition and restructuring programme, together with continued weak business publishing markets, are likely to push down profits for the whole of 2003. Announcing first half financial results, the group said that the second half of the year should see a good… Continue reading Highbury House Profits Fall After Restructure Costs

There was little movement in the media sector yesterday as traders reflected on the tragic terrorist attacks of 11 September 2001. Trading on Wall Street halted on four separate occasions to mark the moments that hijacked planes hit the two towers of the World Trade Centre and the times at which the towers fell.Analysts reflected… Continue reading Sharewatch: Subdued Trading In Shadow Of Tragedy

Online spending in the UK has almost doubled in the past year as the internet population continues to grow and more consumers are attracted by the lower prices and sheer convenience of web shopping. Broadband is also having a significant effect on ecommerce activity. The Autumn 2003 Internet Report from Continental Research provides an update… Continue reading UK Becoming More Internet-Friendly

UK magazine publisher Highbury House Communications (HHC) today said that the costs of its acquisition and restructuring programme, together with continued weak business publishing markets, are likely to push down profits for the whole of 2003.Announcing first half financial results, the group said that the second half of the year should see a good performance… Continue reading Highbury House Profits Fall After Restructure Costs

The cost of digital radio receivers looks set to drop dramatically with news that leading consumer technology manufacturer, Sony, is to enter the market. Sony’s digital radios are expected to launch early next year and will undercut the price of the cheapest digital receivers, which currently retail at £99. The news has been welcomed by… Continue reading Sony To Drive Growth In Digital Radio Market

Aegis Group has appointed Nigel Morris as the first ever head of its global interactive division, in a move that reflects a return to confidence in the online advertising market.In his new role, Morris will be responsible for developing the interactive business across 22 countries into a truly cohesive global network with common products, systems… Continue reading Aegis Appoints First Head Of Global Interactive Division

The Times has extended its sponsorship of Virgin Radio’s sports bulletins and football coverage for another year.The extended sponsorship deal will involve the promotion of The Times‘ sports writing and weekly football supplement, The Game across Virgin’s sports programming.The Times is to work closely with Virgin Radio’s Head of Sport, Dominic Johnson, to devise exclusive… Continue reading The Times Extends Sports Sponsorship Across Virgin Radio

The emergence of the internet has had a profound effect on the consumption of other media over the last five years, with its powerful combination of speed, wealth of material and a facility for customisation, proving very attractive to users.Also On MediaTel Insight Today…US Magazine Revenues Maintain Growth In AugustTotal US magazine advertising revenues rose… Continue reading MediaTelINSIGHT: Internet Changes Media Consumption

Granada Enterprises Interactive has extended Nestle’s ground-breaking sponsorship of Pop Idol with a special “Choc Idol” vote on its interactive platform.Viewers are able to vote for their favourite “Choc Idol”, as well as their favourite Pop Idol by using the red button on ITV’s enhanced interactive application. According to Granada, the competition has been very… Continue reading Nestle Expands Pop Idol Sponsorship