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In a frenzy of activity the telecoms market has demonstrated its instability this week as the most successful handset manufacturer issued a profits warning and debt-laden BT announced a 10 year deal with Deutsche Telekom to build the next generation in mobile communications, the 3G network. Nokia surprised market analysts with a warning that profits… Continue reading Insight Analysis: Nokia Issues Profits Warning As BT Builds For The Future

Dr Kim Howells has been appointed Minister for Tourism, Film and Broadcasting as the Blair government settles in for a second term. Howells, MP for Pontypridd, has been given the role of Parliamentary Under Secretary of State for the Department of Culture, Media and Sport (DCMS), now headed up by Tessa Jowell (see Smith Replaced… Continue reading New Minister For Tourism, Film And Broadcasting Appointed

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As expected, Granada dropped into loss during the first half of this year, mainly due to the continued downturn in ITV advertising volumes .Pre-tax loss for the six months to 31 March, after exceptionals, digital spend and goodwill, came in at £69 million. This is dramatically down on the £239 million profit the company made… Continue reading Continued Ad Revenue Woe At Granada, But Results Are Top End Of Predictions

The Financial Times has published an open letter to the newly returned Prime Minister, urging him to push ahead with the communications bill, now that the need to keep the media on-side is diminished following the election.The letter, by media reporter Andrew Ward, hints at the media’s displeasure at Chris Smith’s removal (see Smith Replaced… Continue reading FT Urges PM To Push For Action On Communications Bill

Global marketing group, Cordiant Communications, today warned that the recent economic slowdown, and in particular the decline of the technology sector, will impact this year’s profits. Speaking at the AGM, chairman Charles Scott said that in the light of these more difficult trading conditions, job cuts have been made in a number of Cordiant’s businesses.… Continue reading Economic Downturn Hits Cordiant Jobs And Profits

The Financial Times has published an open letter to the newly returned Prime Minister, urging him to push ahead with the communications bill, now that the need to keep the media on-side is diminished following the election. The letter, by media reporter Andrew Ward, hints at the media’s displeasure at Chris Smith’s removal “You no… Continue reading FT Urges PM To Push For Action On Communications Bill

TalkSPORT has secured its largest sponsorship deal yet. The £1m sponsorship deal will see John Smith’s back the station’s sports breakfast show.The new No Nonsense Sports Breakfast will air Monday to Friday for 53 weeks from July 2, and will carry live and pre-recorded credits and trails advertising the John Smith’s brand.Sales director at TWG… Continue reading talkSPORT Sponsorship Deal Brings Beer To Breakfast Time

Following a report in the Wall Street Journal this morning, speculation is rife that IPC may be in talks with AOL Time Warner regarding a possible buy out. Although IPC Media has repeatedly denied that it is up for sale, chief executive Sly Bailey recently acknowledged the possibility of a sale or flotation “within the… Continue reading AOL Time Warner May Bid For IPC

Month on MonthNational newspaper circulation data for May 2001 has now been released. The figures reveal a continuing decrease in circulation across all titles in a month on month analysis, falling 1.8% or just over 450,000.The greatest loss in terms of percentage change in circulation was at the Sunday Express, which lost 10.8% of its… Continue reading National Newspaper ABC Round-Up – May 2001