Reports in today’s papers suggest that it could cost Carlton and Granada another £100m to complete the closure ITV Digital. Both companies saw shares fall in yesterday’s market: the former dropping 0.61% to close at £2.46 and the latter slipping 1.94% to finish at £1.26źp, down 2˝p on the day before.Telewest, which is believed to… Continue reading Sharewatch
ITV Networks Limited (ITVNL) has been accused by the IPA of breaching the 1998 Competition Act by insisting that members sign up to accreditation rules whereby agencies have to secure bank guarantees or insurance bonds to cover the cost of proposed media spend. The industry body is particularly concerned that there has been a move… Continue reading IPA Claims New ITV Network Rules Are Anti-Competitive
Indebted Telewest Begins ReorganisationTelewest Communications, the heavily indebted UK cable company, this morning said that net loss for Q1 2002 fell by 21% to £166 million on the back of EBITDA up 34% to £91 million. It is also planning a radical restructure in order to bring about cost savings.Total turnover for the quarter ended… Continue reading Indebted Telewest Begins Reorganisation
Emap Performance has signed a commercial content deal with Campus Media that will see some of its key radio brands broadcast across the SBN student network.From 1 September, Friday Night Kiss, The Smash Hits Chart Show and the Kerrang Show will be available to students across 49 UK student radio services. Friday Night Kiss will… Continue reading Content Deal Brings Emap Radio Brands To Students
Telewest Communications, the heavily indebted UK cable company, this morning said that net loss for Q1 2002 fell by 21% to £166 million on the back of EBITDA up 34% to £91 million. It is also planning a radical restructure in order to bring about cost savings. Total turnover for the quarter ended 31 March… Continue reading Indebted Telewest Begins Reorganisation
Revenue from internet gaming in the UK is set to reach $361 million by 2006, up from $29 million in 2002 and $72 million this year, according to forecasts from Informa Media Group, released today. The number of Net game players is set to rise from 1.1 million this year to 4.2 million by 2006,… Continue reading UK Internet Gaming Revenue To Hit $361m By 2006
The fledgling Out-Of-Home Media Association (OOHMA) has announced the appointment of former POSTAR managing director Richard Holliday as its chairman. The new trade association is planning to publish its full charter at the end of this month.The idea for the OOHMA was conceived in March by ambient media companies Alvern Forecourt Media, Shopfront Media, the… Continue reading Out-Of-Home Media Association Appoints Chairman
Trading conditions in the US technology publishing market remain challenging with no sign of any improvement, United Business Media (UBM) said this afternoon. In its AGM statement, the company said that its overall financial performance and outlook remain similar to the position outlined at the beginning of March (see UBM Shares Fall As Profits Are… Continue reading Tough Conditions In US Hi-Tech Continue, Says UBM
The UK Government may want the country to be the European leader in the new economy, but it is unlikely to get its way. This is the conclusion of an analysis of Western European internet penetration forecasts by Net Profit, published today. The forecasts, produced by Net Figures, show that the UK will lag behind… Continue reading UK Will Not Lead European Net Growth
Paragon Publishing is extending its portfolio of gaming titles with the launch of an unofficial GameCube tips magazine called Cube Solutions.The bi-monthly title, which has been unveiled today to coincide with tomorrow’s European launch of the Nintendo GameCube console, is aimed at “hardcore gamers” and will focus on tips, gaming solutions and cheats. The magazine… Continue reading Paragon Extends Portfolio With Cube Solutions
