Pearson is set to expand the US profile of its financial website ft.com thanks to the acquisition of a 20% stake in US business portal business.com (see Pearson Invests $30m In Business.com). News of the acquisition pushed Pearson shares up 68p to end at £19.19.The Wireless Group’s reported losses in its interim results (see Wireless… Continue reading Sharewatch
Broadband cable internet access is expected to accelerate its growth following under-performance so far. In the US broadband is predicted to grow by six times to 32 million users by 2003, according to eMarketer. Full growth has been stalled so far in US after internet service providers (ISPs) struggled provide broadband services and the costs… Continue reading Broadband Net Access Set For Growth In US
Radio Times, the television listings guide published by BBC Worldwide, is to launch a dedicated film website. Located at www.radiotimes.com/film , the comprehensive guide to film on television, DVD and video will launch next month.An online version of the Radio Times Guide to Film will allow surfers to search through thousands of film reviews. Writers… Continue reading Radio Times Unveils Film Website
French media group Publicis is thought to have reached a verbal agreement with Cordiant Communications to merge the stakes each company holds in Zenith Media.Publicis’ 50% stake in Zenith is the result of its recent acquisition of Saatchi & Saatchi (see Publicis Buys Saatchi & Saatchi For £1.24bn). Publicis also owns Optimedia and it is… Continue reading Publicis Set For Zenith Deal With Cordiant
As Big Brother’s media circus winds down and its former contestants prepare to sell themselves to the highest bidder, Channel 4 has revealed the audience figures which prove that while it was “only a gameshow” the programme was even better news for Michael Jackson than England beating the Windies for the first time in over… Continue reading Big Brother Finale Gives C4 Largest Ever Friday Night Audience
The Wireless Group has released its first set of interim results since flotation on the London Stock Exchange in May (see Sharewatch). The group, headed by Kelvin MacKenzie, has seen losses increase from £10.1m to £25.7m year on year, partly due to the launch and marketing expenditure for sports radio station talkSport and the purchase… Continue reading Wireless Group Reports Increased Losses In First Interim Results Since Flotation
Ulster Television has reported an increase in profits as part of its half-year results. Profits before taxation are said to have reached £20.4m by June 2000. For the same period in 1999 they were £2m, due to £4.2m spent on restructuring. Advertising and sponsorship income increased by 12% to £20m, and counted for over 97%… Continue reading Ulster Television’s Profits Up As Prospect Of Granada/Carlton Take-Over Looms
Chairman and CEO of Bates Worldwide Michael Bungey has announced his decision to step down from his position in order to concentrate on his duties as CEO of Cordiant. This morning he announced a new management structure at Bates which he will oversee until his departure in twelve months time.“The pace of growth of the… Continue reading Bungey To Step Down As CEO Of Bates Worldwide
Home shopping data, such as Taylor Nelson Sofres’ Superpanel, is to be used by researchers in a new study for the National Readership Survey (NRS). The study aims to show how different titles accumulate readership over time.The objective is to produce an audience accumulation curve for each of the titles measured by NRS. This will… Continue reading New NRS Study Will Show Accumulation Of Readership
Trinity Mirror continued to benefit from a good set of half-year results (see Trinity Mirror Restructures Management, Reports Profits Up 15%), and was one of the best media performers over the week. On Friday, shares rose 2½p to £5.42½, up 3% week on week.The best media performer last week was Ulster Television, whose share price… Continue reading Sharewatch
