AOL Time Warner chairman, Steve Case has vowed to become more involved in the running of the corporation as it looks to emerge from a difficult year. There had been widespread speculation that the falling share price, allegations of accounting malpractice and the slowing growth of the America Online internet unit had made Case’s position… Continue reading AOL Chief To Take More Active Role
More Uk articles
Media Stocks were continuing recovering some of Monday’s crushing losses, following a dramatic upsurge on Wall Street.Equity markets across the Atlantic were uplifted by the news that Iraq had dropped restrictions on UN weapons inspectors, which calmed the widespread fear of an imminent military strike against Iraq.On the corporate newsfront, Trinity Mirror was seen in… Continue reading Sharewatch
Deutsche Telekom has received four bids for its cable television assets, all of which are below the troubled company’s expectations, according to an article in today’s Financial Times. The paper reports that the values of the bids range from E2.0 billion to E2.3 billion; Deutsche Telekom had hoped to raise between E2.5 and E2.8 billion… Continue reading Deutsche Telekom Cable Offers Are Below Expectations
The National Magazine Company’s director of business development and ad marketing, Tim Lucas, is leaving following a restructuring of the group’s advertising sales team.Lucas’ position will no longer exist following the shake-up and he is understood to be leaving the company to set up his own consultancy service. Lucas, who took the position a year… Continue reading Natmags Cuts Ad Marketing Role Following Sales Shake-Up
Recent political and economic events have conspired to create an air of uncertainty in the media and advertising industries according to Lauren Rich Fine, a media analyst at Merrill Lynch. She says that negative earnings announcements, volatile share prices, confusing economic forecasts and the ongoing threat of war are resulting in advertisers becoming ever more… Continue reading Insight Analysis: Media Healthcheck – September 2002
MTV’s 24-hour music channel, The Music Factory (TMF), is to be one of the first brands on the BBC/BSkyB’s digital terrestrial TV platform Freeview, due to launch later this month.The channel, which will be MTV’s only free-to-air service in the UK, claims to replicate the “rhythms and routines” of family life with dedicated music programming… Continue reading MTV To Launch The Music Factory On New DTT Platform
UK consumer magazines’ share of total advertising spend is set to increase over the next 12 years according to the Long Term Advertising Expenditure Forecast from the Advertising Association, to be released this week. According to a report from the PPA, the AA figures predict that consumer mags’ share of adspend will rise from 6.1%… Continue reading UK Consumer Mags To See Rising Share Of Adspend In Long-Term
Condé Nast’s men’s lifestyle magazine GQ has announced the appointment of a number of high profile editorial staff in a bid to boost its image.Robert Yates, assistant editor of The Observer, will be GQ‘s new literary editor and high profile novelist, Will Self, has been signed up to write a regular column about his impending… Continue reading GQ Adds Weight To Editorial With New Additions
BSkyB will be able to secure the rights to Premiership football for a significantly reduced amount when the current deal comes up for renewal. That is the conclusion of a study from business information providers Sportcal out this week. The report predicts that Rupert Murdoch’s satellite broadcaster will be the only bidder for live matches… Continue reading BSkyB Is The Only Winner In Football Recession
Deutsche Bank will next week auction off a 40% stake in Axel Springer which publishes the prominent German newspapers, Bild and Die Welt. The bank has taken responsibility for the stake from Kirch Media which has been unable to repay loan debts after falling into bankruptcy earlier this year (see KirchMedia Files For Bankruptcy Signalling… Continue reading Axel Springer Stake Up For Sale
