EMAP has this morning posted a strong set of first half financial results, which show pre-tax profit before exceptional items up by 23% to £86 million during the six months to 30 September 2002; operating profit rose by 23% to £95 million. The results are slightly stronger than analysts’ expectations and come during tough market… Continue reading EMAP Shows Good Results In Improving Markets
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Music sales via the internet, previously hailed as a key growth sector, have been exaggerated and will not prove to be the industry’s long-term saviour, according to a new report from Informa Media Group The Global Music Industry: Facts And Forecasts predicts that the value of global online sales will remain almost unchanged in 2002.… Continue reading Internet Music Sales Are Not Industry’s Saviour, Says Informa
UK commercial revenue growth for the third quarter has beaten analysts’ expectations by turning in a 3.2% year on year growth to £140 million, according to the latest figures released by the Radio Advertising Bureau (RAB) this morning. In September, analysts at Merrill Lynch forecast that Q3 would be down by 5.0%, following two quarters… Continue reading UK Radio Beats Revenue Forecasts In Third Quarter
A new survey has provided further evidence of the mobile phone phenomenon with findings showing that men now spend more time on the phone than women. The Guardian/ICM poll revealed that 72% of UK men now have mobile phones and on an average workday, they spend 66 minutes using a fixed-line phone or mobile. This… Continue reading Survey Reveals Sea Change In Mobile Habits
Week on week analysis reveals a solid performance for the media sector, which followed the broader London equity market upwards after the US Federal Reserve cut interest rates.On the corporate news front, Cable & Wireless was seen in focus as it prepares to announce a one-off charge of up to £1 billion linked to the… Continue reading Sharewatch
Channel Five is launching a new six-part series which gives viewers the chance to become a Formula One driver.The series, which is a cross between Pop Idol and Top Gear, will see Jenson Button whittle down 1,000 contestants over six rounds designed to test all the skills required of an Formula One driver.The winner will… Continue reading Five Boosts Entertainment Output With Formula One Show
ITV’s outgoing director of programmes, David Liddiment, has admitted that he should never have reinstated the News At Ten.Liddiment, who leaves his job at the end of the year (see Speaking almost two years after the News At Ten was moved back into ITV’s schedules for part of the week (see He described the move… Continue reading Liddiment Regrets News At Ten Move
The Sun is ending its six-month price war with the Mirror and is increasing its cover price to 30p in the north of England and Ulster and 25p in Scotland.The move follows a lengthy struggle between the titles, which began in May when the Mirror cut its cover price to 20p as part of its… Continue reading The Sun Signals An End To The Price War
European financial television channel, CNBC, has reportedly written to the Government to ask it to use the forthcoming Communications Bill to change the regulation which prevents the sponsorship of news and current affairs programming.According to the Financial Times, the channel has appealed to the Government to overturn a recent ruling by the ITC that a… Continue reading CNBC Appeals To Government To Change Sponsorship Rules
Age Concern is launching a one-off magazine, called Agenda, to increase the awareness of age discrimination in the market-place.The magazine, which is published by Blue Rubicon, is aimed at chief executives and policy makers across the UK. Its 28-pages include interviews with well-known marketers and businesses such as Tesco and Nationwide.The initiative hopes to challenge… Continue reading Age Concern Launches One-Off Business Magazine
