Trade secretary Stephen Byers has announced his decision on the three-way merger battle between Granada, United and Carlton. He has given the go-ahead for Granada to take over either of its rivals, Carlton Communications or United News & Media, but has imposed conditions on the proposed merger between United and Carlton.He said that a merger… Continue reading DTI Clears Way For ITV Merger
Emap announced good trading for the first quarter of the year with increased advertising revenues pushed by cross-media accounts. Speaking at the group’s AGM today, chairman Robin Miller said the creation of Emap Advertising, a merged sales operation, has allowed the company access to previously-unavailable revenue streams.“The move to combine our consumer advertising activities is… Continue reading Cross-Media Ads Push Revenues At Emap
Granada Media’s second day of trading continued in a positive vein, with shares (yet to be listed) ending up 25p at £5.75. However, parent company Granada ended down 17½p at £6.05.Reuters, which has been performing well lately, recieved a postive note from Credit Suisse First Boston. This pushed share prices even higher, to end up… Continue reading Sharewatch
The key to success at the UK box office this year so far has been the sequel. The follow up to the ground-breaking children’s animation, Toy Story, imaginatively called Toy Story 2, so far holds the record for the most successful opening weekend of 2000, with a takings total of £7.7m for its February debut… Continue reading Second Helpings Push UK Cinema Takings
ABC Electronic (ABCE) has released the first audit of a WAP portal. The figures for Loot.com showed that in the audit period 1-31 March, 62,000 of the 13.9 million page impressions recorded were made via WAP portal, with the remainder from either the website or Digital TV.Richard Foan, director of ABC Electronic said, “Now that… Continue reading ABCE Releases First WAP And Digital TV Audit
When online sportswear company Boo.com collapsed earlier this year, sending a shockwave of panic through previously dotcom-loving stock markets, many theories were put forward about why it happened. The website looked fantastic, its product- label-conscious sportswear- was well targeted for the young and male dominated market of net-heads, so what went wrong?One theory was that… Continue reading Web Report: Which? Online Survey Shows Non-Internet Users Don’t Know What’s Online
Quantum Publishing, which owns titles including Press Gazette and Media Week, has announced that its management is to buy out the P&O shipping company, which owns 80% of the group. The company is also to change its name to Quantum Business Media to reflect a shift in focus from publisher towards business to business player.The… Continue reading Media Week Publisher Bought By Management
Emap Digital has announced the launch of the first in a series of youth-targeted websites under the banner theclickuk.com. ClickManchester.com, a local listings guide and community portal, went live last night.The new network of portals are believed to be replacements for the Yourscreen series of websites, piloted across six cities last year. According to reports… Continue reading Emap Clicks Into Youth Market
IPC is rumoured to be about to take over rival publisher Gruner and Jahr. A deal with German owners of G&J, Bertelsmann, is said to be close to completion, and an announcement could appear within days.IPC announced a revamp last month, changing its name to IPC Media and jumping on the “branding” bandwagon (see Bailey… Continue reading IPC Eyes Gruner and Jahr For Possible Takeover
A new alliance has been formed to bid for regional digital radio multiplex licences as they are rolled out across the UK. GWR Group, the Wireless Group and Scottish Radio Holdings are to team up as the Digital Radio Group.The Digital Radio Group is set to bid for licences for the North East, advertised in… Continue reading Former Rivals Team Up For Next Round Of Digital Multiplex Bids
