The latest figures from the Office of National Statistics showed that while February’s underlying rate of inflation rose slightly on January’s record figure (see Inflation Rate Lowest Since Records Began) of 1.7% to 1.9%, it still remains well below the target set by the Government of 2.5%, as has been the case for the past… Continue reading Inflation Rate Stays Below Target For 22nd Consecutive Month
Almost a third of people living in the UK who have yet to get digital TV say that they never will, making the Government’s plans to switch off the analogue signal within a decade “fatally flawed”, according to a report released this week.The report, published by the Consumers’ Association, acknowledges that for 73% of the… Continue reading Consumers’ Association Report Suggests Achieving A Digital UK Will Not Be Easy
The minister for consumers and corporate affairs, Kim Howells, has published draft undertakings in relation to the proposed acquisition of British Interactive Broadcasting (Open, as it is now known) by BSkyB. Plans for Sky to increase its stake in the interactive TV company to full ownership were announced in July last year (see BSkyB Takes… Continue reading Comment Invited On Proposed BSkyB Takeover Of Open
Taylor Nelson Sofres published positive results yesterday, showing pre-tax profits up 16.5% (see Taylor Nelson Sofres Releases Positive Year End Results). This led to the company’s shares being among the few media stocks that rose yesterday, increasing 5½p to £2.35½.More results, this time from Future Network, confirmed expectations about what the chief executive described as… Continue reading Sharewatch
RTL has confirmed that its director of strategy and content, Richard Eyre, will be leaving the company at the end of this month. Rumours about Eyre’s decision to quit the company just over a year after he joined surfaced yesterday (see Former ITV Chief Executive Richard Eyre Quits RTL).RTL has announced that Tony Cohen, currently… Continue reading RTL Confirms Eyre’s Departure, Announces Promotions In His Wake
European broadcast and content company, RTL Group, has this morning confirmed that Richard Eyre, director of strategy and content, and an executive director of the board, will be leaving at the end of March. This announcement follows speculation in the press yesterday (see Eyre Understood To Have Quit RTL Post). Tony Cohen, currently chief executive… Continue reading RTL Confirms Eyre’s Departure
The US second-largest newspaper publisher Knight Ridder has announced that the deterioration of advertising revenues in March will knock back its first quarter earnings by around 25%, when compared to the previous year. The company – which publishes 32 daily titles including the Miami Herald and Philadelphia Inquirer – said that earnings would be 15-20… Continue reading Knight Ridder Becomes Latest Newspaper Group To Issue Profits Warning
Taylor Nelson Sofres’ results yesterday were above analysts and investors expectations and offered an upbeat outlook for 2001 (see Taylor Nelson Sofres Releases Positive Year End Results). The market research network said it expects the sector to grow by 8% during the year and believes it is in a good position to take advantage of… Continue reading Taylor Nelson Sofres Financial Results – Reaction
The number of UK home internet users has reached 13.5 million, according to the February 2001 figures from Jupiter MMXI. This represents an increase of 1 million users since October 2000. The UK’s online population is now estimated to spend an average of six hours and 48 minutes surfing the internet each month, with men… Continue reading Insight Analysis: Total Number Of Home Internet Users In UK Hits 13.5 Million
Advertising and communications network Interpublic Group has today announced the acquisition of US ad agency True North Communications for $2.1 billion.Interpublic emerges as the successful suitor to True North following speculation that French media group Havas was back in the bidding for the agency. The UK’s WPP Group was also rumoured to be interested in… Continue reading Interpublic Acquires True North For $2.1bn
