Anglo-Dutch publishing group, Reed Elsevier, said yesterday that it is on track to deliver double-digit earnings for the full year 2002 and expects to achieve the same in 2003.The positive trading statement comes despite very tough market conditions, particularly in the business-to business publishing sector. Business publishing accounts for 27% of Reed’s revenues and the… Continue reading Reed Elsevier On Target For Double-Digit Earnings
The Department of Media, Culture and Sport has moved to dismiss speculation that the Government is planning to bring in restrictions on the content of newspapers, claiming that “the free press will remain free.”Culture Secretary, Tessa Jowell described as ‘highly misleading’ reports in a number of newspapers which suggested that changes in media ownership rules… Continue reading Ofcom Is No Threat To Press Freedom, Insists Jowell
Hachette Filipacchi has continued its restructuring plan with the announcement of two new group publishers.Lara Wilkins (pictured), has been appointed Group Publisher of Elle and Elle Decoration, moving from her position as group publisher of the teen titles, which will now be controlled by Steph Grice. The shake-up follows the development of a revised commercial… Continue reading Hachette Appoints New Group Publishers
Richard Freudenstein, chief operating officer of BSkyB, has warned that the group may slow the take-up of digital TV in the UK by ending decoder promotions if the government orders a reduction in carriage fees.Speaking at yesterday’s Royal Television Society (RTS) dinner, Freudenstein claimed BSkyB could scupper government plans to switch off analogue TV transmissions… Continue reading Sky Threatens Government Over Carriage Fees
Richard Freudenstein, chief operating officer of BSkyB, has warned that the group may slow the take-up of digital TV in the UK by ending decoder promotions if the government orders a reduction in carriage fees. Speaking at yesterday’s Royal Television Society (RTS) dinner, Freudenstein claimed BSkyB could scupper government plans to switch off analogue TV… Continue reading Sky Threatens Government Over Carriage Fees
The Department of Media, Culture and Sport has moved to dismiss speculation that the Government is planning to bring in restrictions on the content of newspapers, claiming that “the free press will remain free.” Culture Secretary, Tessa Jowell described as ‘highly misleading’ reports in a number of newspapers which suggested that changes in media ownership… Continue reading Ofcom Is No Threat To Press Freedom, Insists Jowell
Thursday saw the media sector retrieving some of the week’s crushing losses, despite the continuing slide of the FTSE 100, which is coming perilously close to the psychologically important 4,000 point barrier.As expected, the Bank of England’s monetary policy committee left UK interest rates on hold for the thirteenth consecutive month, while the European Central… Continue reading Sharewatch
The number of worldwide internet users will top 665 million by the end of this year, an increase of 22% on the 2001 figure, according to a new report from eTForecasts. The research firm estimates that 121 million new users have come online in 2002 and the global internet population is predicted to exceed 1… Continue reading Global Online Population Increases By A Fifth
Culture Secretary, Tessa Jowell has called on BBC News 24 to be “more distinctive” following a government report into the channel by former Financial Times editor Richard Lambert.After reading the report, Jowell commented: “I’ve said before, that the BBC should provide us with public service channels that are distinctive from commercial channels. I see no… Continue reading BBC News 24 Under Pressure After Lambert Report
By the end of this year, over 50 million Europeans will be banking online and this number is set to increase gradually in the next five years, according to a new report from Jupiter Research. The Online Financial Services Forecast 2001-2007 examined activity in seventeen European countries and found that almost 40% of the total… Continue reading Mounting Interest In Online Banking, Says Jupiter
