Cinema admissions during February reached a high of 13.8m, fuelled by the success of Hannibal. An average of 3.45m people visited the cinema each week during last month, an increase of 9.5% compared to January (see January Cinema Admissions Show 9.5% Increase Year On Year).Admissions were down year on year however due to the huge… Continue reading Hannibal Reaps Success At Box Office
The Advertising Standards Authority (ASA) has criticised the political parties of the UK for failing to come up with their own code of self-regulation for complaints regarding political advertising.As of January this year, and the publishing of the 10th edition of the British Codes for Advertising and Sales Promotion, the ASA no longer considers complaints… Continue reading ASA Washes Its Hands Of Political Advertising Regulation
The BBC’s board of governors has been criticised by Gerald Kaufman for being past its sell-by-date. The chairman of the commons media select committee, he launched his report on the Government’s Communications White Paper yesterday, saying that the governors had “outlived their usefulness” and suggested that new plans for the regulation of the Corporation were… Continue reading BBC Should Be Regulated By Ofcom, Says Government Report
Despite the fact that the new ITV licence fees, due to be announced within the next few days, are expected to be higher than before, it is thought that the channel’s continued lack of carriage on the digital satellite platform could have more serious financial implications for the channel in the short term.Those ITV franchises… Continue reading Lack Of Carriage On Digital Satellite Could Lose ITV Companies £8m Per Quarter
Shares in Trinity Mirror were up yesterday following the release of its financial results for 2000 (see Profits Up At Trinity Mirror As ic24 Buyer Is Sought). News that it is to put its ISP ic24 up for sale following internet losses of £42.3m was considered favourably by the market and prices rose 6% to… Continue reading Sharewatch
A scaling back of digital activities at Trinity Mirror is expected to lead to the loss of around 60 jobs. The regional newspaper group yesterday announced that it planned to reduce its digital investment following increased losses (see Profits Up At Trinity Mirror As ic24 Buyer Is Sought).The centrepiece of its cut-backs will be the… Continue reading Digital Cut-Backs At Trinity Lead To Loss Of 60 Jobs
Over 100 journalists will lose their jobs at the Express group today, it is feared, as new owner Richard Desmond’s efforts to cut spending continue. Union representatives are to meet with management today, as letters go out to all staff outlining redundancy proposals.After surprising the industry with his takeover last year (see Gossip And Girlie… Continue reading Desmond’s Ongoing Cost Cuts Could See Express Journalists In For The Chop
ITV’s carriage on the Sky Digital moved a little closer to happening yesterday as a capacity deal was signed with satellite operator Societe Europeenne des Satellites (SES) (see ITV Signs Digital Satellite Deal). The news boosted shares in BSkyB by 9p to end at £.9.04, but major ITV companies Granada and Carlton, co-owners of the… Continue reading Sharewatch
Trinity Mirror has this morning announced better than expected pre-tax profit growth of 12.2% to £196 million, before internet investments are taken into account. The company has also confirmed that it is looking to sell its internet service provider ic24. Revenues from the internet reached a disappointing £2.5 million, whilst internet losses for the year… Continue reading Profits Up At Trinity Mirror As ic24 Buyer Is Sought
Thomas Middelhoff, chief executive of German media group Bertelsmann, is resigning from his position on the board of French media and utility conglomerate Vivendi Universal, it has been announced this morning. Middelhoff is leaving Vivendi in order to allow tougher competition between the two companies in the European media sector. He has been on the… Continue reading Bertelsmann Chief Leaves Vivendi Board
