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The prolonged saga of talks between News Corp and Vivendi over the future of Telepiù is set to reach a conclusion with Rupert Murdoch’s organisation prepared to acquire the Italian pay-TV operator for almost one billion euros. News Corp now seems likely to merge Telepiù with its own pay-TV operation Stream to create a single… Continue reading News Corp Closes In Deal To Take Telepiu

Culture Secretary Tessa Jowell today announced her decision to approve BBC3 with a series of stringent conditions.Announcing the decision after a series of delays and disagreements (see Government Says No To BBC3 Government Says No To BBC3Government Says No To BBC3The stringent guidelines come after Greg Dyke’s BBC has been criticised for concentrating too much… Continue reading Government Finally Gives BBC3 The Go Ahead

Advertising volumes at the Wall Street Journal declined by 14.8% during August, the newspaper’s parent company, Dow Jones, has announced. This puts Q3 figures down by 16% to date, according to analysts at Merrill Lynch. General advertising volumes at the paper were down by 22.4%, according to the broker, with declines in auto, healthcare and… Continue reading Revenues Remain Weak At Wall Street Journal

Advertising revenue at Independent News & Media (INM) – publisher of the Independent newspaper in the UK – fell by 6.8% during the first half of the year, whilst circulation revenues grew by 2.1% on 0.5% rise in volume market share. The tough ad conditions saw pre-tax profits dip 10.2% to E51.7 million in the… Continue reading Independent News & Media Profits Dip In Tough Ad Climate

The US television prime-time advertising marketplace is so close to being sold out that some executives are encouraging advertisers to take back the upfront commitments, according to a report on Mediaweek.com. The situation, which is somewhat incongruous with the weak economic conditions currently being experienced in the US, has driven the prices in this ‘scatter’… Continue reading US Scatter Market Virtually Sold Out

Week on week analysis of the media sector reveals a mixed performance, although stocks were seen up across the board as September 11th passed without any significant terrorist activity.Stocks were also cheered by news the threat of war with Iraq also appears less imminent as the US hints it may allow the UN to delay… Continue reading Sharewatch

Ulster Television (UTV), part of the ITV Network, saw advertising revenues rise by 0.3% in the six months to the end of June, substantially outperforming the network as a whole, which saw a 5.6% decline in airtime revenue. UTV’s first half results, released this morning, showed pre-tax profits drop by 9.4% to £5.7 million; turnover… Continue reading UTV Ad Revenue Outperforms ITV Network

Wireless Group-owned sports radio station talkSPORT has appointed former Kiss 100 local sales manager, Sarah Barnard, as head of direct sales for London.Barnard, who takes up the position today, will oversee the local sales operation for London and will report to Ashley MacKenzie, managing director of talkSPORT’s sales house, Impact.Commenting on her appointment, MacKenzie said:… Continue reading talkSPORT Appoints New London Sales Head

Outdoor advertising spend in the US fell by 4.6% in the first half, according to the latest data from the Outdoor Advertising Association of America (OAAA). The OAAA says that the decline does not paint as bleak a picture as might first seem to be the case, as many other media – which are now… Continue reading US Outdoor Revenue Falls 4.6% In H1

Doubleclick has secured a global partnership with advertising network, Publicis, that will see it become the preferred ad-serving provider for the group’s operations.The deal will see Doubleclick’s DART ad-serving technology deploy online ad campaigns for Publicis’ entire network of clients, which includes Nestlé, L’Óreal and Renault. The agreement also covers all Publicis affiliates throughout North… Continue reading Doubleclick Secures Global Tie-In With Publicis