With more downgrades to media forecasts having emerged this week, the sector was dominated by falling share prices yesterday, and 9 out of 10 of the worst FTSE 100 performers were TMT stocks.The Wireless Group was among those suffering, with a fall of 11p or 11.76% bringing it to a closing price of 82½p. As… Continue reading Sharewatch
The £25.5 million sale of Scot FM to the Guardian Media Group (GMG) in June (see Wireless Group Sells Scot FM To Guardian Media For £25.5m) has helped push Wireless Group into profit for the six months ended 30 June 2001. The £22.5 million profit from the disposal nudged pre-tax profit up to £5.0 million;… Continue reading Scot FM Sale Boosts Wireless Group Profits
Advertisers are risking alienating men by using humiliating and emasculating stereotypes, according to research carried out by design and branding consultancy The Corporate Edge. The research has found that advertisers, in their eagerness to avoid sexist marketing against women, could alienate men by creating anti-male campaigns.Focus groups explored the use of male stereotypes, and concluded that advertising… Continue reading Adverts Give Men A Rough Ride
Nielsen//NetRatings reports in its Internet Ratings Report for July 2001 that Internet growth in US homes grew by 63% in the past two years. The US online population increased by 16% in the period from July 2000 to July 2001. Growth for the period 1999 to 2000 was 41%. “Despite a troubled economy and slumping… Continue reading US Internet Penetration Shows Strong Growth
Scot FM Sale Boosts Wireless GroupThe £25.5 million sale of Scot FM to the Guardian Media Group (GMG) in June (see Wireless Group Sells Scot FM For £25.5m) has helped push Wireless Group into profit for the six months ended 30 June 2001. The £22.5 million profit from the disposal nudged pre-tax profit up to… Continue reading Scot FM Sale Boosts Wireless Group
Pearson has sold FT Energy to Platts, completing the Financial Times Group’s planned series of disposals of non-financial publications. The move follows the disposal of the group’s media and telecomms, automotive and retail newsletter businesses.Stephen Hill, chief executive of the Financial Times Group, said: “Our newspapers magazines and online services are now all focused on… Continue reading Pearson Sells FT Energy
Dell.com was the top online advertiser for men in July, gaining exposure among 3,430,000 individual at home male users throughout the month. The site commanded 41.5% digital reach and achieved 6.5 page impressions per user. Amazon.co.uk, climbed up a place from last month to occupy the number two position. The search engine was visited by… Continue reading New Media Round Up
Stadium Radio has signed a five year deal with Clear Channel Radio Sales to sell advertising on the group’s stadium based soccer radio stations.Rebecca Merchant has been appointed sales manager to handle Clear Channel’s access to the 70 clubs included in the Stadium Radio portfolio.Stadium Radio was established in 1998, and broadcasts to football fans… Continue reading Stadium Radio Signs Clear Channel
OXM, a subsidiary of Future Network, is to release an advanced edition of its Official UK Xbox Magazine to tie in with the launch of Microsoft’s game console.The preview magazine will come in a flip-top hard card carton and include a glossy brochure-style magazine and a 30 minute video showing clips of games which are… Continue reading Future Promotes Xbox Launch
Independent News & Media (INM) this morning reported that its pre-tax profits fell by 17.2% to E56.6 million during the six months to 30 June. The group, which publishes the Independent national newspaper, says that the drop is due to adverse currency movements, exceptional start-up costs, investment in a new Irish print facility and costs… Continue reading Independent News & Media Sees Profits Fall 17%
