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Regional Independent Media today reported a rise in profits of 8%, rising to £44.1 million in 2001 from £40.9 million in 2000. Turnover increased by 3.5% to £175.3million. 84% of turnover was derived from the group’s newspaper interests, including the Yorkshire Post and Sheffield Star both of which saw an increase in circulation in 2002.… Continue reading RIM Exceeds Expectations But 2002 “Remains Uncertain”

January 2002 saw another month by month increase in the number of text messages sent in the UK, as has been the case since April last year. A total of 1.4 billion text messages were sent during the month, according to the Mobile Data Association (MDA)Text messaging increased steadily throughout last year, to reach an… Continue reading January Text Message Total Reaches Record High

The Radio Authority has invited applications for a digital multiplex licence which could reach an adult population of around 4.25 million in the Yorkshire region.Applicants have until 18 June to submit proposals for the licence, which covers most parts of the former metropolitan counties of South Yorkshire, West Yorkshire and Humberside and part of the… Continue reading Radio Authority Offers Yorkshire Multiplex Licence

CMR forecasts that network and spot television spending for the 2002 Winter Olympics will total approximately $700 million, a rise from the $627 million grossed during the last Winter Olympics. During the 1998 Winter Olympics, network television grossed $480 million and spot television $147 million. In 2000, network advertising expenditures for the 2000 Summer Olympics… Continue reading Winter Olympics Will Boost US TV Revenue, Says CMR

Usage of interactive TV services has more than doubled over the past year according to a the Q1 2002 Digital TV Report from Continental Research. The frequency of digital TV subscribers who have ever used interactive services has grown from 4.3% in April 2001 to 9.6% in Jan 2002. The percentage of people using once… Continue reading “Content Is King” Says Interactive TV Report From Continental Research

Confidence appeared to return to media shares yesterday, as several key players including Granada and Capital Radio were upgraded by analysts. Granada’s price rose more than 6% as a consequence, while Capital was boosted by over 3%.Other beneficiaries of the upturn included BSkyB, which ended up 36˝p at £6.85, Carlton Communications, up 6.36% to £2.00ž… Continue reading Sharewatch

Channel 4’s replacement for the Big Breakfast is expected to model itself on the tabloid press, packaging news with entertainment stories in an attempt to boost the channel’s dwindling early morning audience.Princess Productions won the contract to produce the new programme in December last year. At the time Sharon Powers, Channel 4’s editor for the… Continue reading Big Breakfast To Have “Tabloid” Replacement

The value of the brand looks set to continue growing in importance in the media industry. As the learning process in brand marketing continues Stuart Corke, Head of Strategic Planning at News International, feels many lessons are just as valuable for media planners.According to Interbrand the future of brands is dependent on their ability to… Continue reading Feature: Branding The Future

Pearson has this morning confirmed that, having received several expressions of interest in FT Business, it has appointed investment Lazard to advise on the sale. The FT Business portfolio includes Investors Chronicle, The Banker, Money Management and Financial Adviser in the UK but does not include the FT or Pearson’s 50% stake in The Economist.… Continue reading Pearson Puts FT Business Up For Sale

According to press reports this morning the ever-acquisitive WPP has approached advertising agency Leagas Delaney about a possible take over. WPP CEO Sir Martin Sorrell is thought to have approached the Leagas board with the intention of bringing in into the WPP fold as the headquarters of the Red Cell Network. The deal would provide… Continue reading Sorrell Eyes Leagas Delaney