Andy Coulson, the deputy editor of the News of the World, is believed to have been appointed to succeed Rebekah Wade, who took over from David Yelland today as editor of The Sun (see New Sun Editor Says Job Is Best In Newspapers).News International has refused to confirm speculation, but Coulson has been linked to… Continue reading Coulson Set To Succeed Wade At News Of The World
Cable operator NTL has finally emerged from bankruptcy protection after restructuring its debt to satisfy creditors. The company will now be split into two parts, NTL Incorporated, featuring its UK and Ireland business, and NTL Europe. Lenders have agreed to swap $10.9 billion in debt for equity. NTL’s parent company initially applied for Chapter 11… Continue reading NTL Emerges From Bankruptcy
The BBC is believed to be attempting to raise £3.29 billion from a ‘self help initiative’ involving cost-savings, increased commercial revenues and improved licence fee collection.Director general, Greg Dyke, said the Corporation was beating targets set three years ago to cut its overheads, according to a report in today’s Financial Times.It is understood that the… Continue reading BBC To Raise £3.29 Billion From Self Help Initiative
Global advertising revenue will grow by 3.0% in 2003, with a reasonably strong US being dragged down by poorer markets in Europe, according to an outlook for the year from Merrill Lynch. The broker says that the US will grow by 4.0%, as previously reported (see Merrill Lynch Sees ‘Cautious Optimism’ For 2003 US Ad… Continue reading Stronger US, Weaker Europe Finds Merrill’s Ad Outlook
Rebekah Wade, who takes over from David Yelland today as editor of The Sun, has described her new job as “the best in newspapers.”The former News Of The World editor said that she can’t wait to get started in the position left vacant following Yelland’s surprise resignation yesterday (see Yelland Quits As Editor Of The… Continue reading New Sun Editor Says Job Is Best In Newspapers
Online ad revenues will increase by almost 50% during 2003, as a result of increased web usage, says the UK’s leading interactive media agency. It has been a difficult few years for the online advertising industry but internet consumption has continued to grow and i-level predicts that it will increase from 6% to account for… Continue reading Broadband To Provide A Boost To Net Revenues
AOL UK has appointed Greg Paine to the newly created role of director of strategy for interactive marketing.Before joining AOL Paine was media director at McCann-Erickson Russia and prior to this he was general manager of Universal McCann Warsaw.In his new position Paine will take responsibility for sales strategy, planning research and trade marketing. He… Continue reading AOL Boosts Interactive Marketing Team
More internet users than ever went online to browse and buy from shopping sites during the 2002 holiday season. That is the conclusion of a new report produced by market researchers at Retail Forward. A survey carried out in the week after Christmas revealed that 88% of US internet users shopped online and 75% actually… Continue reading Online Shopping Commonplace At Christmas, Says Report
The acquisition of Galaxy Radio Wales by Vibe Radio Services has been referred to the Competition Commission for investigation. Competition minister, Melanie Johnson, said that she is concerned that the deal, already completed, might reduce competition for local radio advertising in the Bath and Bristol areas.Under the deal, Galaxy 101, a dance-format station which operates… Continue reading GWR Questions Competition Referral Of Vibe’s Galaxy Acquisition
The number of DSL subscribers in Japan increased from 1.52 million to 5.64 million during 2002, according to the Ministry of Public Management, Home Affairs, Post and Telecommunications. The increase reflected the low charges and expanded services available in the country and there were 500,000 new subscribers in December alone. In a study carried out… Continue reading DSL Subscriptions Surge In Japan
