Shares in BSkyB, which closed at their lowest price since November 1999 on Monday, (see Sharewatch) recovered slightly yesterday with a rise of 5.97% to finish 42p better off than the previous day with a closing price of £7.46.EMAP, which yesterday announced that its lads mag Sky is to fold (see Emap To Axe Sky… Continue reading Sharewatch
According to the Henley Centre, the average person lost two hours a week of their leisure time to work between 1992 and 1998, leaving less opportunity for media consumption. Road congestion is getting heavier, meaning more time sat in the car and less at home and when people do sit down in front of the… Continue reading Feature: Ad Fatigue Benefits Passive Media
EMAP is to acquire a 50% stake in French publishing group, Media Nature, from its joint venture partner Bayard Group. EMAP will pay FF175.2 million (£16.0 million) for the stake, giving it full ownership of the outdoor titles publisher. Media Nature produces a number of established outdoor titles in France covering the hunting, fishing and… Continue reading EMAP Takes Control Of French Magazine Group
Shares in satellite broadcaster BSkyB were shaken yesterday by speculation that european media giant Vivendi Universal was seeking to sell its 23% stake in the company to institutional investors. Shares began the day’s trading at £7.16½, but as the speculation appeared across the media, shares dipped, dropping below the £7 mark by late morning. By… Continue reading Sky Shares Shaken By Vivendi Stake Sale Speculation
Cable operator Telewest Communications released its first quarter results this morning which fell in line with expectations. Pre-tax losses grew from £137 million to £209 million, whilst operating profits rose by 34% to £321 million. These figures fall in line with analysts’ predictions and reflected aquisitions and merger activity initiated by Telewest in the past… Continue reading Telewest Losses Belie Success In Q1 Results
TiVo plan to launch a £4m cross-media campaign in July to promote its personal TV service (see Personal Video Recorders To Offer Tool For Advertisers) which allows viewers to digitally record up to 40 hours of TV and then replay it whenever they choose.The campaign will be managed by the group’s newly appointed advertising agency… Continue reading TiVo Plans £4m Marketing Campaign For July
Telewest has released first quarter results in line with expectations, including losses increased from £137m for the same period last year to £209m and turnover up 34% or £82m to £321m. Both figures show the effects of the company’s acquisition of Flextech and Eurobell (see Telewest And Flextech Agree Terms Of £2.26bn Merger).Adam Singer, Telewest’s… Continue reading Telewest Reports Increased Losses For First Quarter
Emap is to close its men’s lifestyle magazine Sky while IPC’s men’s magazine Later also faces the chop.It is thought that Emap’s last issue of Sky will be the July edition. Launched in 1988 as an entertainment title, the magazine reached its readership peak in the late 90’s with over 185,000. However, the title’s signature… Continue reading Emap To Axe Sky While IPC Says ‘See You’ To Later
ITV will announce the new sponsor of next season’s premiership coverage shortly, in a deal worth upwards of £18m. The deadline for bids ran out at midday yesterday and a decision is currently being made by Granada.To ensure secrecy potential bidders have waited until the last minute to submit their offers, but speculation suggests that… Continue reading Deadline Runs Out For ITV Football Sponsorship Deal
The Radio Authority will advertise the local digital radio licence for Peterborough next week, in the latest stage of a plan to provide local digital services to the majority of the UK population over the next couple of years.Applications for the licence, which could deliver digital radio programming and data services to an area with… Continue reading Local Digital Multiplex Licence For Peterborough Up For Grabs
