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RTL Postpones Float; Results Hit By Ad SlowdownPan-European free-to-air broadcaster, RTL, yesterday released interim financial results in line with expectations, saying that core businesses are ‘performing strongly in difficult advertising market conditions’. Nevertheless, analysts at ABN Amro are expecting to downgrade their full-year 2001 forecasts for the group, given the poor advertising visibility in the… Continue reading RTL Postpones Float; Results Hit By Ad Slowdown

Over 3.5 million homes across the UK now subscribe to cable TV, an increase of 8.8% on the same period last year, according to the Independent Television Commission’s (ITC) cable statistics report for the second quarter of 2001.According to the figures 15% of UK TV households now have cable TV, which has increased its penetration… Continue reading Over 3.5 Million UK Homes Now Have Cable

Pan-European free-to-air broadcaster, RTL, has this morning released interim financial results in line with expectations, saying that core businesses are ‘performing strongly in difficult advertising market conditions’. Nevertheless, analysts at ABN Amro are expecting to downgraded their full-year 2001 forecasts for the group, given the poor advertising visibility in the European broadcasting sub-sector. Pre-tax loss… Continue reading RTL Postpones Float As Results Are Hit By Ad Slowdown

Havas Advertising has once again extended the deadline on its offer to buying agency Tempus. The original 541p-per-share offer made by Havas (see Tempus Shares Soar On Havas Takeover Reports) expired at the beginning of the month (see Havas Moves In On Tempus)and was extended until 17th September. Havas has now extended this deadline to… Continue reading Havas Extends Deadline On Tempus Offer Once Again

Jack Myers, chief economist at Myers Reports, says that last week’s devastating attack on the US could have serious negative short-term affects on the media there, but will most likely have positive long-term implications for several media companies. A few weeks ago Myers published a worse case scenario set of advertising forecasts for 2001, predicting… Continue reading Worse Case Scenario Gets Worse, Says Myers Reports

The ASA allowed Emap’s Q music magazine to get away with the use of “outdated cliches” in an ad campaign, despite the fact that one complainant failed to appreciate the irony.The posters in the campaign, devised by Mother, were in the style of car maintenance manuals, showing labelled drawings of a limosuine and a van.… Continue reading ASA Lets Off Q

The UK stock market stabilised yesterday as Wall Street showed signs of recovery, however the UK media market was again shrouded in gloom as fears over the future of the advertising industry increased.Shares in ITV partners, Carlton and Granada tumbled yesterday as analysts again downgraded forecasts in the expectation of a further downturn in advertising… Continue reading Sharewatch

According to reports in the national press the BBC is today expected to announce that former Labour party member Gavyn Davies, will replace Sir Christopher Bland as the next chairman of the corporation.Any further developments will be reported on NewsLine.BBC: 020 8743 8000 www.bbc.co.ukSubscribers can access ten years of media news and analysis in the… Continue reading BBC To Announce New Chairman

ITV Digital has admitted to a piracy problem, whereby users are avoiding paying more than a basic subscription by obtaining pirated smartcards in order to watch premium services.Stuart Prebble, ITV chief executive, has acknowledged that the problem is there and has said that an investigation is underway.Adam Singer, executive chairman of Telewest, has also expressed concern… Continue reading Pirates Target ITV Digital

US journalist Michael Woolff said at this year’s Guardian Edinburgh International Television Festival that, thanks to the internet “No one can ever make a living selling headlines again”. Bad news for newspapers, which sell headlines sometimes hours after the event went live online or on screen.What is true (and bad news for advertisers) is that… Continue reading Feature: Read All About It