Johnston Press, which yesterday released a pre-close trading update revealing a growth in ad revenue of 1.6% compared to to the same period 2000 (see Johnston Press Bucks Advertising Downturn), saw shares fall 2.96% in yesterday’s market to finish at £3.60, an increase of 11p on the day before.Trinity Mirror continued to see stock slide… Continue reading Sharewatch
Channel 4 is set to make an official statement later today confirming the BBC’s director of programmes, Mark Thompson, as the new chief executive of the channel.Thompson will take over from Michael Jackson, who left the channel last month to take up a job in the States (see Jackson Leaves With Brass Eye Repeat). No… Continue reading Channel 4 Chief To Be Announced
Classicfm.com has signed a six figure deal for content from gardening internet and mail order retail group Greenfingers. Simon Ward, new media and digital director at Classic FM, said that the move was designed to give users of the website “the kind of content they want”, after research showed a desire for more in-depth lifestyle… Continue reading Classic FM Grows Website With Gardening Deal
German media giant, Kirch Group, is reportedly facing a financial crisis if the Dresdner Bank calls in a loan repayment, as expected, of around E500 million. The deadline for the loan is officially the end of this year, although credit is often extended. However, the reports suggest that Dresdner will not be allowing an extension… Continue reading Kirch Group Faces Financial Crisis, Say Reports
Trinity Mirror saw shares fall 3.31% yesterday to close at £4.08˝ after announcing that advertising revenues dropped 21% last month in the wake of 11 September and were expected to decline further in 2002 (see Trinity Misses Out On Christmas Bonus). This had a knock on effect for Daily Mail, which saw stock drop 7.5%… Continue reading Sharewatch
2001 is nearly over…how was it for you? Jon Wilkins of Naked Communications, takes a literary view of the year just gone, and offers his ideas for the way forward in what could prove a challenging year.2001 – Ghost of Media past 2001 has been a weird old year. This was supposed to be the… Continue reading A Media Christmas Carol
Chrysalis is expanding its digital radio offering with the launch of Heart Digital in Scotland and The Arrow in London.Heart Digital will launch in January on the central Scotland regional multiplex and will broadcast to around 2.75 million listeners in Edinburgh and Glasgow. The Arrow will also launch in the New Year and will broadcast… Continue reading Chrysalis Expands Digital Radio Offering
Lord Richard Ryder of Wensum has been appointed vice chairman of the BBC, the Prime Minister’s office has announced today.Culture Secretary Tessa Jowell commented on the appointment: “Lord Ryder’s background and experience make him highly suitable for the post and will help ensure that the new chairman, Gavyn Davies (see Davies Announced As New BBC… Continue reading Lord Ryder Announced As BBC Vice Chair
Latest figures from CMR, released yesterday, show that advertising spend for all media in the US fell by 7.8% for the period to September 2001. Clearly feeling the impact of $313.2 million worth of lost ad revenue in the week following the terrorist attacks, television was a major casualty although print media also shows significant… Continue reading US Ad Spend Freefall Continues In Q3
JCDecaux has secured the National Geographic Channel as the first advertiser to use its giant poster site on the Euston Road in London.The site, which is 50% larger than the conventional 96-sheet format, has been incorporated into JCDecaux’s ‘The Difference’ network of five giant poster sites situated at high-impact locations across London.National Geographic Channel has… Continue reading JCDecaux Secures National Geographic For Giant Site
