Virgin Radio has secured Sky as the six-figure sponsor of its on-air, online and on-site activity for this year’s V2002 music festival, which takes place on 17 and 18 August.Virgin Radio is the official sponsor of V2002 and the deal will see Sky take ownership of all Virgin’s on-air and online activity in the run… Continue reading Virgin Radio Secures Sky To Sponsor V2002 Coverage
Shares in AOL Time Warner slumped today following news that the media group is to be investigated by the US securites and exchange commission. Last week, The Washington Post reported that AOL had boosted its revenue figures through unconventional deals between 2000 and 2002. It claimed that AOL had allowed a British entertainment company to… Continue reading AOL Time Warner Under Accounts Scrutiny
The High Court today began hearing the Football League’s claim against Carlton and Granada for the £178.5 million owed following the collapse of ITV Digital earlier this year (see Football League Kicks Off Action Against ITV Digital Owners). The League, which represents 72 clubs, insists that the television companies are legally obliged to honour the… Continue reading Carlton And Granada To Defend Football League Attacks
Yesterday was another gloomy day for media companies after lack of investor confidence brought the FTSE 100 down to its lowest level for six years. Cordiant and SMG suffered the most significant losses. The former slipped 9.44% to close at 67p and the latter dropped 7.98% to finish at £109˝, a loss of 9˝p on… Continue reading Sharewatch
The terms of News Corp’s acquisition of Italian pay-TV group, Telepiù, are continuing to be negotiated with the business’ owner, Vivendi Universal, according to reports. News Corp was set to take control of Telepiù for E1.5 billion, although there are restrictions imposed by the Italian anti-trust authorities which will force News Corp to dispose of… Continue reading News Corp And Vivendi Renegotiate Telepiu Deal, Say Reports
12% of UK internet users, or almost 2 million people, have a broadband internet connection at home, up from 9% in February 2002, according to BMRB’s bystesize research.The study shows that the popularity of broadband is still increasing and a further 10% of internet users indicate that they are “very likely” to upgrade to broadband… Continue reading UK Broadband Uptake Continues To Rise
The latest global and regional advertising forecasts from Merrill Lynch are shown here. Global advertising revenues are expected to decline by 1.3% this year, returning to a growth of 4.0% in 2003. Japan is the poorest performing region this year, with a predicted 4.0% decline; the US is the only region to show positive growth… Continue reading Global And Regional Advertising Forecasts From Merrill Lynch
Almost 1.5 million people visited the Big Brother website during June, an increase of 176,180 on the same period last year, according to the latest figures from NetValue.The research shows that interest in the site has more than doubled since last year when just 600,000 unique users visited Channel 4’s Big Brother web pages during… Continue reading Big Brother Website Proves More Popular Than Ever
The number of broadband connections in the US increased by a third during the second half of 2001, according to the Federal Communications Commission (FCC). 12.8 million homes and businesses were using high-speed lines to access the internet by the end of 2001, an increase from 9.6 million in the first half of the year.… Continue reading Broadband Gathering Momentum In US
19% of all UK adults and over 50% of digital homes have interactive digital television (iDTV), according to a report compiled by the London Business School.The study into consumer attitudes towards iDTV shows that the UK is the most advanced country in the world in terms of the adoption and usage of the medium, which… Continue reading 19% Of UK Adults Have Interactive Digital TV, Says Report
