UK radio operator, Wireless Group, has halved its losses and is currently enjoying strong ad revenue growth, according to financial results for the six months ended 30 June 2002, released this morning. Pre-tax loss at the group halved, down from £17.5 million for H1 2001 to £8.9 million this time. The group also produced its… Continue reading World Cup Gives Wireless Group First Profit
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The media sector was one of worst hit in the FTSE 100 yesterday as the continuing turbulence of the American market filleted through to the UK. BSkyB saw the most significant downward movement with shares slipping 5% to close at £5.60, a loss of 29˝p on the day before.Carlton and Granada completed a trio of… Continue reading Sharewatch
Weak advertising conditions have pushed down revenue growth at French ad network Publicis, according to the group’s first half financial results. Ad revenues fell by around 6.0% in H1, resulting in an overall organic growth of -3.6% for the half, according to analysts at ABN Amro. Net new business wins were reasonably strong at E700… Continue reading ‘Total Lack Of Visibility’ In Ad Market, Says Publicis
With the magazine industry poised for the release of the latest ABC data on Thursday, Tim Kirkman, press director at Carat, looks at how cover mounts have become a key tool in women’s magazine marketing and a fundamental asset in maintaining circulation.Cover mounts, those ‘free gifts’ usually on the front of women’s glossies, have long… Continue reading NewsLine Column: More Than A Read On The Beach
European broadcaster, RTL Group, is to acquire the TV and radio assets of the German publishing group Georg von Holtzbrinck in deal worth E170 million. Under the terms of the agreement, RTL will take control of Holtzbrinck’s 47.3% stake in the leading German commercial news channel, n-tv as well as the group’s activities in 12… Continue reading RTL Acquires German Media Group
The latest figures from ABC for National Newspaper circulation show that during July there was not a great deal of change in overall circulation of newspapers, but despite the run-up to the ‘silly season’ and the end of the World Cup, month on month circulation was up 1%.The worst fall in percentage terms was seen… Continue reading ABC National Newspaper Round-Up – July 2002
Telewest Communications, the heavily indebted UK cable operator, is seeking to sell its stake in SMG, the Scottish media company. Telewest, which is expected to imminently undergo a financial restructure (see Telewest Debt Waiver Is On The Cards), has requested shareholder approval to divest of the 16.9% stake in SMG. There will be an extraordinary… Continue reading Telewest Seeks To Divest Of SMG Stake
Sky Digital is launching a new-look text service that will allow viewers to watch TV whilst browsing text services.The revamped service will also allow faster navigation and links to games and email betting. Viewers will be able to switch between text and TV instantly.Sky text’s sales controller, Kip Parker, commented: “The new and improved service… Continue reading Sky Unveils Improved Text Service
US advertising spend for first half of 2002 rose by 2.3% year on year, according to new preliminary figures released by Nielsen Monitor-Plus. Despite an expected upturn in internet advertising, the sector saw an 8.4% slide during the first half, with only syndicated television performing worse. National magazine spend dropped slightly, by 1.0%. It was… Continue reading US Adspend Up 2.3% In H1, According To Nielsen Figures
Lycos has set up a dedicated interactive division to manage and sell its entire range of interactive products.The new division, which will be led by head of interactive Marcus Saller, will bring together the company’s mobile, chat, email and site building services. Lycos is approaching brands to run campaigns across its interactive portfolio, which it… Continue reading Lycos Creates New Interactive Division
