News International has called on the Government to reform the media ownership regulations claiming that the current system is “highly discriminatory” and “too rigid to allow organic growth.”In its response to the DCMS’s consultation on media ownership rules, which currently prevent any newspaper owner with more than a 20% share of the market from owning… Continue reading News International Calls For Ownership Law Reform
Cable company NTL has confirmed that it has appointed a number of banks and brokers to undertake a recapitalisation of the company in order to reduce debt. Credit Suisse First Boston, JPMorgan and Morgan Stanley will advise the broadband cable group on a recapitalisation structure and reduction of its $12 billion debt burden. CEO Barclay… Continue reading NTL Confirms Recapitalisation Moves
Global market information company, Taylor Nelson Sofres (TNS), has agreed to acquire the broadcast division of BMC News and will combine the division’s activities with those of TNS Tellex. The value of the acquisition was not disclosed. The merged entity will be one of the UK’s leading broadcast monitoring specialists and will build on the… Continue reading Taylor Nelson Acquires TV And Radio Monitoring Business
German advertising spend declined by 9.8% in December last year, according to an analysis of ACNielsen data by ABN Amro. The broker had predicted a fall of 7.7%. Radio was the hardest hit by the slowdown, declining by 19.3% for the final month of 2001; newspapers also suffered, down by 11.0%. Only magazines outperformed the… Continue reading German Ad Market Drops 7.1% In 2001
It was a day of mixed fortunes for radio companies in yesterday’s media market following the release of the latest RAJAR data.Capital, which saw the weekly reach of its flagship London station Capital FM increase by 1.7% during the period ending December 2001, saw shares fall 1.85% yesterday to close at £6.63, a loss of… Continue reading Sharewatch
The substantial deployment on internet video on demand (VOD) services in the US will not occur until 2005, according to report released this month by GartnerG2. Web-based video on demand is very much being hyped as the next major development in broadband entertainment services in the US. Nevertheless, GartnerG2 predicts that its success is a… Continue reading Internet Video On Demand Success A Long Way Off, Says GartnerG2
The IPA has told the Government that the structure of the sales industry is essential to maintaining an open and competitive marketplace for advertisers in the face of consolidation within the TV and radio industry.In response to the DCMS’s consultation on media ownership, the IPA said that it will concentrate on sales structures within the… Continue reading IPA Defends Sales Structure In DCMS Response
Below are long-term commercial radio revenue and total advertising forecasts from the Advertising Association (AA), as reported by the Radio Advertising Bureau (RAB). The AA has produced a high and low option for the predictions, as shown. Radio’s share of advertising is expected to break the 5.0% barrier around 2009, in both the high and… Continue reading Long Term UK Commercial Radio Revenue Forecasts
Pearson announced yesterday that it has completed the sale of its 22% stake in European broadcaster, RTL Group, to Bertelsmann AG, as previously announced in December last year.Following the deal, Marjorie Scardino, chief executive officer of Pearson, and John Makinson, finance director at Pearson, will resign as non-executive directors of RTL Group.The sale was completed… Continue reading Pearson Completes Sale Of RTL Stake To Bertelsman
BARB has defended its new TV ratings system after rival research showed that over 3 million viewers might have been “lost” from an episode of Coronation Street.The research, commissioned by media agency Carat, showed that 14.5 million viewers watched an episode of Coronation Street shown on Friday 25 January, 3.3 million more than the 11.2… Continue reading BARB Defends New Ratings System
