Magazine group Future Network has issued a new profits warning, just two months after it revised its previous estimates. In a trading update released this morning the group said it will not achieve the profits, revenues and EBITA estimates laid out in November (see Future Shares In Freefall As True Cost Of Accounting Errors Is… Continue reading Future Network Issues Second Profits Warning
Sportinglife.com is to extend its multimedia output following a number of strategic partnerships. Sports Media Broadcasting will provide an online radio station for the site, while SNTVi will supply video news footage.David Annat, managing director of Sportinglife.com, said: “These deals will provide additional valuable streams of content to the Sportinglife.com site, further complementing our position… Continue reading Sporting Life Adds Radio And Video Services To Website
Associated New Media (ANM), the new media arm of Associated Newspapers (ANL) launches its second attempt at a women’s web offering on 6 January. Initially meant as a relaunch of charlottestreet.com (see ANM To Rename Charlotte Street), femail.co.uk has emerged with barely a trace of its forebear and is billed as a “2nd generation women’s… Continue reading Associated New Media Readies For Launch Of New Women’s Website
The big names of commercial broadcasting are clubbing together to try and thwart the BBC’s plans to launch digital rivals to their channels. BSkyB, Telewest and Turner Broadcasting are said to be included in a consortium of seven which is accusing the Culture, Media and Sport Secretary Chris Smith of allowing the BBC to abuse… Continue reading Commercial Broadcasters Demand Tighter Reins On BBC Digital Plans
Shares in Reuters suffered a downgrade from brokers yesterday, causing their price to fall 59p by the end of the day’s trading, to finish at £10.25.WPP announced its purchase of US PR firm Deen + Black yesterday (see WPP Buys US-Based PR Firm), causing shares in the buyer to fall 40p to end at £7.87.Four… Continue reading Sharewatch
The big names of commercial broadcasting are clubbing together to try and thwart the BBC’s plans to launch digital rivals to their channels. BSkyB, Telewest and Turner Broadcasting are said to be included in a consortium of seven which is accusing the Culture, Media and Sport Secretary Chris Smith of allowing the BBC to abuse… Continue reading Commercial Broadcasters Demand Tighter Reins On BBC Digital Plans
Magazine group Future Network has issued a new profits warning, just two months after it revised its previous estimates. In a trading update released this morning the group said it will not achieve the profits, revenues and EBITA estimates laid out in November. Underlying profits for the year to December 2000 have now been reduced… Continue reading Future Network Issues Second Profits Warning
The adspend boom enjoyed by many sectors of the media following the huge growth in dotcom companies over the last couple of years is now starting to slow a little. Whilst most forecasts for online retailers and e-commerce companies predict continued growth and increased consumer spend, the marketing budgets for many dotcoms are being tempered… Continue reading Insight Analysis: Media Growth For 2001 Subdued As Dotcom Fallout Takes Effect
The dotcom decline looks set to continue into the new year as it looks increasingly likely that Letsbuyit.com, a site which encourages consumers to club together and bulk buy products, will bite the dust. Despite this, tech companies Bright Station and Freeserve managed reasonable performances yesterday, rising ½p to 24p and 4p to £1.02 respectively.In… Continue reading Sharewatch
Johnston Press has announced the acquisition of four paid-for newspapers from Mortons Media Ltd. The titles are all based in the Lincolnshire area and include the Horncastle News series, the Louth Leader series, the Skegness News and the Market Rasen Mail. The deal will be subject to approval from the secretary of state for trade… Continue reading Johnston Press Acquires Four Titles From Mortons Media
