Zenith Cuts Ad Forecasts AgainThe advertising industry looks set for its worst year since the recession of the early 1990s, as Zenith Media has downgraded its global forecasts yet again. According to a report on FT.com, the agency is now predicting a global adspend decline of 2.6%. A couple of months ago it estimated a… Continue reading Zenith Cuts Ad Forecasts Again
It was a weak day for media shares yesterday, with Telewest the worst perfomer, dropping over 12% to 56p. Information services company Reuters also took a punishing, dropping 43p to £7.60.Among the few not showing a negative performance was Chrysalis, which managed a rise of 3½p to £2.23½.The closing prices of media company shares yesterday… Continue reading Sharewatch
The digital services industry has added its voice to calls for the Government to strengthen the push towards digital take up, warning that Britain will fall behind the rest of Europe unless action is taken. Malcolm Miller, CEO of Pace Technology, which makes set top boxes for the digital TV industry, said: “More action is… Continue reading Set-Top Box Manufacturer Joins Calls For Government To Push Digital
The Audit Bureau of Circulations (ABC) has released regional newspaper figures for the period January to June 2001. The new figures show that the Essex Chronicle has reversed the situation found in the preceding period, by overtaking the West Briton Series as the top weekly title. A year on year analysis shows that the Essex… Continue reading ABC: Regional Weeklies
Embattled magazine and internet group, Future Network, is in talks with potential financial investors, according to reports from Reuters today. The news agency says that Electra Partners and Duke Street Capital are separately considering bids of between £80 million and £100 million. Future has declined to comment and it is thought that the talks are… Continue reading Future In Investment Talks, Reports Reuters
The Ministry of Sound is launching as an FM radio station for the first time in October.Ministry of Sound Radio, the current digital and internet station, will broadcast on the 87.7 FM frequency as part of a month long trial while an application for a permanent licence is considered.The station will target a youth audience… Continue reading Ministry Launches On FM
The advertising industry looks set for its worst year since the recession of the early 1990s, as Zenith Media has downgraded its global forecasts yet again. According to a report on FT.com, the agency is now predicting a global adspend decline of 2.6%. A couple of months ago it estimated a 1.5% fall. The US… Continue reading Zenith Cuts Ad Forecasts Again
While the GEITF’s official MacTaggart lecture may have harked back to the “good old days” of TV, the alternative MacTaggart, given by US journalist Michael Wolff, was concerned with future technology, namely the internet.The author of Burn Rate, which charts his experience in the dotcom boom, gave a brief history of New Media, but questioned… Continue reading GEITF Report: The Internet
The digital services industry has added its voice to calls for the Government to strengthen the push towards digital take up, warning that Britain will fall behind the rest of Europe unless action is taken.Malcolm Miller, CEO of Pace Technology, which makes set top boxes for the digital TV industry, said: “More action is needed… Continue reading Manufacturers Push For Digital
Granada have appointed one of the Conservative party’s senior press spokesman as head of its communications unit.Ed Young, who worked on William Hague’s press team in the recent election, takes on responsibility for corporate media relations and internal communications. He will oversee a team of eight and will work closely with Granada’s chairman Charles Allan.Young… Continue reading Tory PR Man Joins Granada
