Reed International, the UK division of Anglo-Dutch group Reed Elsevier, continued to tumble; stock shed over 8%, closing down 45źp to 503p. Its parent group announced poor financial results last week (see Jobs To Go At Reed Elsevier As Part Of Cost Cutting).The news that Granada has been referred to the Competition Commission in regard… Continue reading Sharewatch
Monday MediaTel’s weekly industry focus, Media Track, is featured in Campaign Media Business.MediaTel’s Media Question Time takes place at the BBC Radio Theatre. More details to appear on Newsline shortly.Tuesday National newspaper readership figures for January 2000 are released by the National Readership Survey (NRS). A Round-Up will be available on Newsline shortly afterwards.Thursday Audio… Continue reading The Week Ahead
Southnews has today announced the proposed acquisition of Denitz Investments. As a result of the £52 million deal, the regional newspaper group will increase its portfolio by a further 33 titles in Kent, Greater London, Lincolnshire and Nottinghamshire.Southnews is currently the tenth largest regional publisher in Britain with 52 paid and free titles in West… Continue reading Southnews Acquires Denitz Investments
United News & Media (UNM) this morning becomes the third UK media group this week to announce plans for major internet investments, dedicating £370 million to online businesses over the next two years. United’s web strategy follows similar moves by Anglo-Dutch publisher Reed Elsevier (see Jobs To Go At Reed Elsevier As Part Of Cost… Continue reading UNM To Plough £370m Into Internet Investments
The Government has decided to refer Granada’s proposed bid for either Carlton Communications or United News & Media to the Competition Commission. The media group joined the bidding war for ITV franchises after Carlton and United announced merger plans last November (see Granada Poised To Bid For Rivals).As the ITV network moves nearer to consolidation… Continue reading Granada Referred To The Competition Commission
The Competition Commission will later today hand its report on the proposed £8.2 billion merger between Cable & Wireless Communications (CWC) and NTL to the Department of Trade and Industry (DTI). The trade and industry secretary, Stephen Byers, will then decide whether to follow the Commission’s recommendations on whether the deal should be allowed to… Continue reading Competition Commission Reports On NTL/CWC Merger
Shares in Reed International, the UK parent of Reed Elsevier, fell 57p to 548źp yesterday after the combined publishing group announced poor final results (see Jobs To Go At Reed Elsevier As Part Of Cost Cutting). The city was not placated by the group’s planned internet investment, having expected a more dramatic announcement from chief… Continue reading Sharewatch
BBC Radio has announced a series of changes to its London based station, GLR. From 27 March, the 24-hour station will be rebranded as London Live 94.9 with a new breakfast team and line-up of presenters and a promise to make better journalism a “major plank” of the station. London Live will be the first… Continue reading BBC Radio Announces Rebranding Of Its GLR Service
Cable & Wireless Communications (CWC) has teamed up with Procter & Gamble (P&G), one of the world’s largest advertisers, to explore the marketing potential of interactive television. P&G is to trial interactive ads which may include use of TV internet and email, as well as the ability for the audience to respond to the ads… Continue reading CWC To Develop Interactive Ads
Advertising revenues at Carlton Communications have shown an 8% growth in the four months to January 1999, chairman Michael Green told the company’s annual general meeting yesterday. Revenues were bolstered particularly by strong demand from new media, telecommunications and car companies.“The growth in dotcom advertising has been particularly dramatic with 35 new brands advertising in… Continue reading New Media Advertisers Help Boost Revenue At Carlton
