The Federal Communications Commission (FCC) in the US is reviewing the cross-media ownership regulations that have so far prevented the ownership of television stations and newspapers in the same market. The FCC launched its sweeping review yesterday, although at this stage it is merely comments and information about the issues at hand that are being… Continue reading FCC To Review Media Ownership Restrictions
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French media giant Publicis, owners of Saatchi & Saatchi, today announced that H1 results have fallen short of expectations but net profits after deductions were up by 3.8% on H1 2000, boosted largely by new billings. Publicis reported new billings in Q2 2001 of E700m compared with E105 billion and E850 million reported in new… Continue reading New Business Wins Boost Publicis Results
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
Emap Performance has launched Magic TV, a music channel aimed at “music loving adults in their late twenties.”The radio brand will be broadcast on Sky Digital round the clock and will be based on the same “video jukebox” format as Emap’s existing The Box brand.Emap has signed up Butlins, Columbia Tristar and Nestle to accompany… Continue reading Emap Brings Magic To Sky
Publishing group PCM, owner of four of the five main Dutch national newspapers, is to close down the majority of the online activities of these newspapers, according to a report on Europemedia. The article claims that PCM views the web portals as marketing activities that do not yield sufficient revenue. This move mirrors the actions… Continue reading Dutch Newspaper Publisher Culls Online Versions
The UK stock market continued to struggle yesterday after Tuesday’s terrorist attack on America left the FTSE 100 at its lowest point for over a decade. Media shares showed vague signs of recovery in the aftermath of the tragic event.SMG, which became the latest broadcaster to be affected by the advertising down turn announcing a… Continue reading Sharewatch
Whilst advertising forecasts for the near-term future were already largely negative, this week’s tragedy in the US is likely to see levels drop even further. Newspaper and television stations are in many cases offering almost blanket coverage of the disaster in New York and Washington. Whilst this means that audiences levels will understandably rise as… Continue reading Advertising Unlikely To Pick Up Following US Disaster
