Carlton Communication’s executive director Nigel Walmsley has resigned as executive director with effect from 31 December 2001. He will complete his term as chairman of GMTV, after which he will act as non-executive advisor to Carlton on industry and regulatory developments.Walmsley joined the company in 1991, having previously been chief executive of Capital Radio. During… Continue reading Carlton Director Resigns
Pre-tax profits before exceptionals at Ulster Television (UTV) fell slightly in the six months to 30 June, mainly due to the downturn in advertising levels. Interim pre-tax profits came in at £6.4 million, compared to £20.4 million for the same period last year, which included the £13.4 million profit contribution from the sale of the… Continue reading Ulster TV Profits Fall
The Independent Television Commission (ITC) has shown LWT the yellow card for its sporting mishaps series, Best And Worst II, but has failed to blow the whistle on Tarrant On CCTV‘s “toilet humour.”The ITC has upheld complaints against LWT’s Best And Worst II series after viewers complained that some of the scenes of violence featured… Continue reading ITC Shows LWT The Yellow Card
The US Federal Reserve has just announced a 0.5% point cut in interest rates in what is a concerted move to prop up trading on Wall Street today. The cut, from 3.5% to 3.0%, came only one hour before trading is set to resume. Investors around the world will still be looking anxiously toward Wall… Continue reading Insight Analysis: Can Traders Stabilise The Market As Wall Street Reopens?
For media stocks the short- to medium-term situation is now looking even worse than it did before the tragedy in the US, when there was already a worry of impending full-scale recession. Advertising levels are likely to drop as media devote much of their space to coverage of the events now unfolding in the States… Continue reading Insight Analysis: Media Stocks Show Across The Board Declines As Outlook Deteriorates
BSkyB would be interested in buying a stake in ITV companies Carlton and Granada if the Government changed the current cross media ownership laws, according to CEO Tony Hall. Speaking at the Royal Television Society conference in Cambridge, Sky’s chief executive said that if the current broadcasting laws were changed, Sky would consider investing in… Continue reading BSkyB Eyes Up Terrestrial Opportunities
According to figures released by the Publishers Information Bureau this month, US magazine advertising has declined again for the month of August in terms of both volume and revenue. The troubled technology sector saw the greatest drop with revenue from this sector falling by 41% and volume by almost 50%. US Magazine Adspend Comparisons August… Continue reading US Magazine Ad Revenue Shows Further Decline
The media market showed signs of recovery yesterday after the FTSE 100 index closed at its lowest point for over a decade earlier in the week.However ITV partners, Carlton and Granada, showed little sign of being able to escape the gloom brought by the downturn affecting the broadcasting industry. Carlton, which could loose its place… Continue reading Sharewatch
The Independent Television Commission (ITC) has awarded BSkyB the licence to provide services through telephone and cable networks across the UK, increasing the broadcaster’s ability to compete with existing cable operators.BSkyB applied for the licence, which will allow it to offer a full range of multi-channel television and related services, in July, and plans to… Continue reading BSkyB Scores Local Delivery Licence
Cinema admissions in July reached 13.8 million, averaging over 3 million admissions a week, according to the latest figures from the Cinema Advertising Association (CAA).Family films dominated the box office during July and with the school holidays in full swing admissions were up 48% on June. However even the success of July’s top film Shrek,… Continue reading Family Fun At The Cinema In July
