News International has invested £9m in UpMyStreet.com, an online community resource. A further £4m investment is being made by Rothschild subsidiary, Continuation Investments, through News Internationals’ new media arm, News Network.The investment will give News International a 21% stake and Continuation a 7% equity stake. News International’s executive chairman Les Hinton is to join the… Continue reading UpMyStreet Secures First-Round Financing From News International
The Competition Commission has today announced that it has cleared all three competing bids for the publishing group Newscom. The three bids, from Trinity Mirror, Newsquest-owner Gannett, and Johnston Press, were submitted for investigation in December (see Newscom Bids Referred To Competition Commission).Stephen Byers, the trade and industry secretary, said: “The Competition Commission has looked… Continue reading Competition Commission Clears Newscom Bids
The chairmen of the twenty clubs in the FA Premier League have agreed a tender document which is set to increase revenue from match broadcasting rights in a new structure to include the introduction of pay-per-view and more live matches.A total of 40 second-tier live matches will be available to the broadcaster who wins the… Continue reading Premier League Bosses Agree More Televised Matches And Pay-Per-View
Channel 5, the station that brought us copious helpings of Xena: Warrior Princess, colourful, punchy news bulletins, and a 9pm film every night, has just celebrated its third birthday. Over the last three years Channel 5 has gradually carved itself a niche in the nation’s viewing schedule with its own mix of films, entertainment and… Continue reading Feature: Channel 5 Films Boost Viewing Share
The Express is sponsoring a radio station in Newcastle during April. The newspaper has taken up a restricted service licence for Express Radio Newcastle 107.2FM, which will see members of the paper’s editorial team producing broadcasts of its regular features.The station began live broadcasts across the city and surrounding areas yesterday. Weekly output includes a… Continue reading Express Takes To The Airwaves In Newcastle
The darkness passengers on the London Underground currently see from the window could soon be replaced by seven-second long ‘silent movie’ adverts. The developers of the technology, the MotionPoster Company, says it could be used in around 300 locations on the London Underground and that talks are underway with TDI, which manages Tube advertising.The adverts… Continue reading New Technology To Turn Tube Tunnels Into Advertising Space
Current regulation is holding back creativity in the commercial radio market, according to the GWR Group, which owns Classic FM and 37 local licences. In response to a consultation on strategy for Oftel submitted last Friday, the group said that greater flexibility was needed to innovate and develop new services.Current regulation, which sets out programme… Continue reading Radio Regulation Holds Back Creativity, Says GWR Group
The ITC’s findings on the proposed merger between Carlton Communications and United News & Media were published yesterday (see United/Carlton Merger Requires Change In Legislation, Says ITC) With the news that the ITC sees “no convincing case” for the law change necessary to allow the deal, share prices for both companies have dropped. United News… Continue reading Sharewatch
Carlton Communications is encouraging advertisers to book campaigns online by offering the opportunity to buy special reduced-rate advertising packages exclusively through its Carlton Media Sales website (mediasales.carltononline.com). The packages, which are the first of their kind, have been created by Carlton Digital, for ONdigital, and cinema sales operation, Carlton Screen Advertising (CSA).CSA has put together… Continue reading Carlton Offers Discounted Ad Packages Exclusively Via Website
The Independent Television Commission (ITC) has said that a merger between United News & Media and Carlton Communications would require a change in the law. The Commission asked for views related to the deal earlier this year (see ITC Seeks Views On Carlton/UNM Merger), and today published its findings.The Commission said that some change in… Continue reading United/Carlton Merger Requires Change In Legislation, Says ITC
