UK television advertising revenue will grow by 4% this year, in a total market up by 4%-5%, according to new forecasts from media audit consultancy, Billetts. A pick-up in spend that began in Q4 2002 is expected to continue into this year and overall growth is forecast to be the same this year as last,… Continue reading UK TV Revenue To Grow 4% In 2003, Says Billetts
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The high costs of technology and ongoing content issues will ensure that video-on-demand (VOD) does not take off in Europe until 2005. That is the conclusion of a new report from Forrester Research as reported on Europemedia. VOD is seen as the next logical progression of the television experience but there has been a bitter… Continue reading European VOD Revolution On Hold, Says Forrester
Week on week analysis of the media sector saw stocks under pressure as the FTSE 100 bowed to continued pressure from bearish earnings reports and the continued threat of US-led military action against Iraq.On the corporate news-front, Emap was seen in focus following news that chief operating officer, Tom Moloney is to become the group’s… Continue reading Sharewatch
Jane Lighting, head of Telewest’s TV production arm, Flextech, is being tipped as the front runner to become the new chief executive of Channel Five.A report in yesterday’s Observer claims that Lighting, a protégée of Telewest’s former chief executive Adam Singer, has emerged as Channel Five’s preferred choice to succeed, Dawn Airey, who stepped down… Continue reading Flextech Boss Tipped To Succeed Airey At Channel Five
News International has confirmed that David Yelland has quit as editor of the Sun. He will be replaced by News of the World editor, Rebekah Wade, with effect from tomorrow.A spokeswoman for News International confirmed that the announcement was made by the company’s chairman, Les Hinton, in an internal email earlier today.Yelland’s departure, which is… Continue reading Yelland Quits As Editor Of The Sun
The ITC has dismissed complaints against Carlton’s controversial documentary on the Middle East conflict, Palestine Is Still The Issue: A Special Report By John Pilger, despite receiving 116 complaints.As well as causing outrage, the film, which was screened on ITV1 last September at 11.05pm, also prompted 553 people to contact the ITC to express their… Continue reading ITC Clears Controversial Carlton Documentary
The latest ABC figures for national newspaper circulation reveal a relatively disappointing period for the sector, which saw circulation decline by 3.8% during December.Financial titles, The Business and the Financial Times, were among only a handful of national newspapers to see circulation increase during December. The former improved by 4.1% month on month to 94,381… Continue reading ABC National Newspaper Round-Up December 2002
Steve Case, the beleaguered chairman of AOL Time Warner, has bowed to increasing pressure and announced his intention to step down in the spring.This development comes on the back of revelations that the world’s largest media company will be forced to take a charge of at least $10 billion as a result of writedowns in… Continue reading AOL Chairman Quits Following Shareholder Unrest
Trinity Mirror’s chief executive of newspapers, Joe Sinyor, has resigned following the appointment of Sly Bailey as chief executive (see Bailey Leaves IPC To Replace Graf At Trinity Mirror).According to Trinity Mirror, Sinyor is leaving by “mutual consent” after his position became redundant following Bailey’s appointment in October.Sinyor’s position appeared increasingly untenable after he failed… Continue reading Sinyor Resigns From Trinity Mirror
Just under half of UK publishers believe that magazine expenditures will increase in the next year or two, whilst 26% predict that they will decrease to some degree. This is one of the findings of a recent survey conducted by Optima.The most common outlook, shared by 38% of the 156 respondents to the survey, is… Continue reading Magazine Revenue Will Increase In Next Two Years
