Shadow Culture Secretary Tim Yeo has attacked the Government for its failure to set a firm date for the digital switchover.Speaking at the Culture, Media and Sport Question Time in the House of Commons yesterday, Yeo accused Culture Secretary, Tessa Jowell of “dithering on digital” after she admitted last week that the deadline for the… Continue reading Tories Accuse Jowell Of Dithering On Digital
BSkyB is expected to lead the way in terms of the number of digital television (DTV) subscriber homes until at least 2010, according to the latest forecasts from Merrill Lynch. The total number of digital TV homes in the UK is predicted to rise from 11.5 million this year to 24.3 million by 2010. By… Continue reading BSkyB Will Lead DTV Market Until 2010, But Cable Growth Is Higher
Reuters has this morning released Q1 trading figures which are broadly in line with expectations, showing a 6% decline in revenues to £912 million. The company said that it expects the first half to yield a 2-3% decline in subscription revenues and is more cautious than anticipated on H2 performance, with a decline of 5-6%… Continue reading Reuters Cautious On H2 Trading
Channel 5 is believed to be leading industry opposition to the BBC’s reworked proposal for BBC3, its digital channel aimed at 16-35 year-olds.The channel is objecting to the new plans for BBC3 on the grounds that it will use public money to fund programming that is already provided by commercial broadcasters.The BBC had its original… Continue reading Channel 5 Opposes Plans For New BBC3
Telewest, which is rumoured to be considering a merger with rival cable operator NTL, was one of only a handful of companies to see shares rise in yesterday’s media market. Stock was up 10.95% to close at 55žp, in what was the best media performance of the day.At the other end of the spectrum, ITV… Continue reading Sharewatch
Scottish Radio Holdings’ (SRH) like-for-like advertising revenues for the first three months of the new financial year (October to December) were slightly down year on year, according to the company’s AGM, which took place yesterday.The decline reflects the “continuing reduced level of advertising revenue which the media sector as a whole is witnessing,” said chairman,… Continue reading Scottish Radio Revenues Dip As National Ads Remain Down
The latest Bellwether Report from the IPA reveals that almost twice as many companies surveyed setting marketing budgets in Q4 2001 reported an increase on spending (compared to 2001 totals) than a decrease. The majority of those surveyed opted to keep budgets on a similar scale to those set for 2001, particularly when it came… Continue reading More Of The Same, Says The Latest IPA Bellwether Report
Shopping may be the new religion, but should the media market be worshipping at the shrine of commodity culture? Jon Wilkins of Naked Communications says we should heed the warning of a short, dead Frenchman and strive for “le bespoke”.Napoleon once famously highlighted us Brits as a ‘Nation of Shopkeepers’, much to the collective displeasure… Continue reading A Nation Of Shopkeepers
The Government is planning to tighten broadcasting regulations to ensure that all major sports events are shown on terrestrial TV.Culture Secretary, Tessa Jowell is believed to have written to the ITC requesting a change in the law to close a loophole that Kirch tried to exploit last year when selling the rights for this summer’s… Continue reading Government Pushes For Sport On Terrestrial TV
Jazz FM is launching a bid to acquire London News Radio (LNR), which owns the London-based stations LBC and News Direct.In a statement issued today, Jazz FM confirmed that it has “an interest in acquiring LNR and has made an indicative initial offer.” The bid, believed to be around £20m, comes as the industry prepares… Continue reading Jazz FM Bids For LNR
