Cable company Telewest’s interactive applications developer, SmashedAtom, is to shut its business unless a buyer can be found. The joint venture with Atomic Tangerine had a business model which relied on demand from third party broadcasters – a demand that has dwindled over recent months. Telewest says that it is now not necessary for it… Continue reading Telewest Closes Interactive Apps Developer SmashedAtom
More Uk articles
WPP, which released its interim results last week showing pre-tax profits of £2.46m (see WPP Posts Strong Interims), saw shares drop 2.7% in week on week analysis, to finish at £7.22, a loss of 20p on the previous week.Pearson, which rebranded its TV division to FremantleMedia last Tuesday (see Pearson TV Rebrands), also saw losses… Continue reading Sharewatch
The late start to the ad-buying period for the 2001-2002 US television season is starting to cause concern for the TV networks, according to an article in the US’ Mediaweek yesterday. The site reports that with only three weeks before the start of the season advertisers have placed formal orders for only around a third… Continue reading US TV Networks Suffer Low Pre-Season Ad Bookings
Cable operator Telewest is abandoning its interactive TV venture, Smashed Atom, less than a year after its launch, due to insufficient funds.The joint venture with Atomic Tangerine, an branch of the Stanford Research Institute, will close in the next few months, resulting in the loss of 46 jobs unless a buyer can be found.A spokesman… Continue reading Telewest Folds Smashed Atom
UK venture capital group Cinven has tabled a E2 billion offer for Vivendi’s business to business (B2B) magazine portfolio, the French media group revealed this morning. The management of Vivendi is supporting the offer despite ‘several’ other approaches for the business, reportedly from the likes of Reed Elsevier, Pearson, VNU and EMAP (see EMAP May… Continue reading Cinven To Acquire Vivendi Magazine Portfolio For E2bn
MXR, the digital radio group, today launches the West Midlands digital radio multiplex, delivering digital programming to an area with an adult population of around 3.3m.The consortium, whose shareholders include Chrysalis, Capital Radio, Guardian Media Group, Jazz FM, Soul Media and UBC Media, was awarded the licence by the Radio Authority in February (see MXR… Continue reading MXR Launches Third Digital Radio Multiplex
The late start to the ad-buying period for the 2001-2002 US television season is starting to cause concern for the TV networks, according to an article in the US’ Mediaweek yesterday. The site reports that with only three weeks before the start of the season advertisers have placed formal orders for only around a third… Continue reading US TV Networks Suffer Very Low Pre-Season Ad Bookings
David Liddiment’s stirring MacTaggart lecture may have captured the largest number of column inches for this year’s Guardian Edinburgh International Television Festival (GEITF), but the issue of TV’s soul was not necessarily the one which occupied the delegates over the bank holiday weekend.Events on the festival programme provide a respite from the relentless networking that… Continue reading GEITF Special: Who’s Next At Four?
Almost 70% of retailers are wrongly judging the success of their internet investments on top-line return on investment (ROI) metrics such as online sales and profits, according to research from Jupiter Media Metrix released last week. Companies that look at the non-transactional benefits of their sites ÂÂ- including online influenced sales and improved payroll productivity… Continue reading Retailers Wrongly Judge Online ROI, Says Jupiter
ITV’s Saturday night Premier League offering, The Premiership, attracted even less viewers than at its launch last week (see ITV’s The Premiership Fails To Score) when it aired for a second time during the weekend. The 7pm show attracted an average of just 3.1m viewers or a 19.3% share during what is usually key family… Continue reading Premiership Slips Down Ratings League
