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Channel 4 has confirmed that it is set to report a profit for 2002 following a wave of job losses and stringent cost-cutting across the network. According to the Channel, the turn-around is due to a reduction in losses at its commercial arm, 4 Ventures, alongside a 4.5% boost in advertising revenues driven by record… Continue reading Channel 4 Set To Return To Profit

The proposed takeover of SMG’s publishing unit by the regional newspaper group, Newsquest has been referred to the Competition Commission.The Competition Minister Melanie Johnson took the decision after Gannett, the parent company of Newsquest, applied for permission to acquire the titles, which include The Herald, Sunday Herald and Scotland on Sunday.SMG put its publishing division… Continue reading Gannett Bid For SMG Titles Referred To Competition Authorities

The global advertising communications company Interpublic is forecasting that 2003 revenues will come in flat compared to this year. Speaking at the UBS Warburg Media Conference in New York, chairman and CEO John Dooner admitted that 2002 had been a difficult year but he is hopeful that better times are ahead. Zenith Optimedia foresees 2.9%… Continue reading Interpublic Says That 2003 Will Be Flat

As radio listening becomes more sophisticated the demands on the existing system of audience measurement are increasing. With this in mind, RAJAR’s managing director, Jane O’Hara, looks back over ten years of RAJAR and considers what the future holds for radio audience measurement.With only a few weeks to go until 2003 begins one could be… Continue reading NewsLine Column: Ten Years Of RAJAR

ITV Digital’s liquidators, Grant Thornton, are set to undertake the mammoth task of contacting the platform’s 1 million former subscribers to request they give up their set top box or pay £39.99 to keep it. Grant Thornton is to contact each of the 1 million subscribers by post to inform them that the boxes were… Continue reading ITV Digital Liquidators To Retrieve Set Top Boxes

The BBC is launching a £173 million season of factual programming this winter, in what is being seen as an attempt to quash accusations that the Corporation is too populist.The Winter 2003 season will include a Stephen Poliakoff drama called The Lost Prince, and a number of historical documentaries including The King, The Kaiser And… Continue reading BBC Puts Factual Foot Forward With Winter Schedule

IPC chief executive, Sly Bailey, is to replace Philip Graf as chief executive of Trinity Mirror, when he steps down early next year (see Chief Executive Steps Down At Trinity Mirror). Bailey has been chief executive of IPC since December 1999 and was instrumental in discussions that resulted in the sale of the company to… Continue reading Bailey Leaves IPC To Replace Graf At Trinity Mirror

JanuaryJanuary kicked-off with research from AC Nielsen and the Condé Nast Reader Survey suggesting that magazines are undervalued in the media mix, as the medium’s share of influence is not reflected in its share of adspend, despite the 1.2% year on year increase seen in the 12 months to September 2001 (see Mags May Be… Continue reading End Of Year Round Up: Magazines

The proposed takeover of SMG’s publishing unit by the regional newspaper group, Newsquest has been referred to the Competition Commission. The Competition Minister Melanie Johnson took the decision after Gannett, the parent company of Newsquest, applied for permission to acquire the titles, which include The Herald, Sunday Herald and Scotland on Sunday. SMG put its… Continue reading Gannett Bid For SMG Titles Referred To Competition Authorities

Television has overtaken direct mail to become the fastest growing advertising sector, according to the latest figures from the Advertising Association’s Quarterly Survey Of Advertising Expenditure.The figures, compiled by the World Advertising Research Centre, show that TV was the best performing medium during the third quarter of 2002, with adspend increasing by 9.3% year on… Continue reading AA Figures Show TV Is The Fastest Growing Ad Sector