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ITV Digital could face imminent closure if a lower offer for media rights is not accepted by the Football League today, according to reports in today’s national press. The troubled digital TV platform was meant to pay around £180m over for the rights to screen Nationwide League football games, but now, faced with financial pressure,… Continue reading Football League Rejection Could Close ITV Digital

There was some cautiously encouraging news for the media sector yesterday when Carlton’s trading statement said that advertising in the last three months, while down, was better than the three months before. Meanwhile, a statement following the Granada AGM predicted a rebound in TV ad revenues in May. Carlton shares ended up 12˝p at £7.72˝,… Continue reading Sharewatch

KirchMedia and ProSiebenSat.1 Media AG have announced that they will terminate discussions on the merger, proposed in September 2001. In a joint release, the companies stated that “in light of the economic climate and the current situation of KirchGruppe the merger is not feasible in the foreseeable future”. The statement continued: “The two companies will… Continue reading KirchMedia And ProSiebenSat.1 Abandon Merger

UK Online Advertising Grows 28% In 2001Despite falling from the ‘heady days’ of triple-digit growth, internet advertising still outpaced the rest of the UK media industry last year, rising 28% year on year, according to Forrester Research.The latest statistics from Evaliant’s AdWatch ad tracking service show that the overall UK online advertising market reached £122… Continue reading UK Online Advertising Grows 28% In 2001

The continuing success of Oscar-nominated Lord of the Rings and the opening of the heavily plugged animation Monsters Inc brought UK cinema admissions in February to their highest level since 1969. The eventual total was 19 million, up 38% year on year.Monsters Inc took £6.49m on its opening weekend, excluding previews, making it the fifth… Continue reading Biggest Cinema Admission Total Since 1969

The ABC has removed several thousand copies from the average net circulation figures for the Guardian and Observer newspapers, after a routine inspection revealed problems with copies claimed under “multiple copy sales”.The figure for August 2001 to January 2002, which was previously reported as 416,066, a 4.65% year on year increase, has been revised to… Continue reading ABC Downsizes Guardian Circulation Figure

Capital Radio this morning released a trading update which forecasts that the advertising market will remain under pressure for the remainder of the year. Between October and December 2001, Capital revealed that like for like radio revenue was down 9% against the same quarter in the previous year. The company anticipates that revenue will have… Continue reading Capital Warns That Market Will Remain ‘Under Pressure’

ITV advertising revenues at Granada fell by 12% during the six months to March 2002, with March forecast to be down by 6% and April by 13%, according the company’s AGM statement released this morning. A return to growth, of 9%, is predicted for May, but Granada warns that whilst this is positive, it may… Continue reading ITV Revenues Down 12% In H1, Visibility Still Limited

Complaints regarding a poster appealing for money for baby charity Tommy’s were upheld by the ASA this week, after it was concluded that it was misleading with regards to what contributions would be spent on.The objections came from members of the public and another charity, BLISS, which funds the care of newborn children. Concerns were… Continue reading ASA Unmoved By Defence Of Charity

The Italian advertising market declined by 7.6% during January, with all media showing negative trends, according to ACNielsen data analysed by ABN Amro. The Italian market was one of the last European advertising markets to succumb to the weakening ad environment in 2001 (see Once Strong Italian Ad Market Now Shows Downward Trend). The January… Continue reading Italian Ad Market Declines 7.6% In January