Media stock was affected by the announcement of the merger of EMI and AOL Time Warner yesterday. BSkyB was one of the main movers on the index with shares climbing 147p to £11.89˝ as analysts forecast further deals within the sector.Other companies boosted by the news included Pearson, up 141p to £23.04, advertising group WPP,… Continue reading Sharewatch
The amount and share of advertising spend which is placed on the internet are both set to soar over the next few years, but television will remain the marketers’ preferred medium. These are some of the latest findings from Fletcher Research’s Internet AdWatch survey. As the UK’s online population is set to explode – growing… Continue reading Online Advertising Growth To Outperform Market, But Remain ‘Poor Relation’ To Broadcast
The Audit Bureau of Circulations (ABC) has decided to establish a working party to review the Bureau’s auditing and inspections procedures following the discovery of a series of false circulation reports. In November last year the ABC found that three Birmingham Mail & Post newspapers had been reporting false circulation figures for a period of… Continue reading ABC Creates Working Party To Tighten Audit Procedures
Regional newspaper publisher, Newsquest, has this morning announced a strategic deal to take a 9.9% stake in the auction service of leading internet service provider, Freeserve.Newsquest is acquiring the holding in Freeserve Auctions in return for £10 million worth of advertising for the service across the group’s portfolio of regional papers and £2 million in… Continue reading Newsquest Takes 10% Stake In Freeserve Auctions
The total internet universe in the US increased from 97 million to 119 million US-based users during 1999, an increase of 22.7%. This is the finding of internet measurement service, Nielsen//NetRatings, which has published a report on the state of the internet market in 1999.Average time spent online also rose significantly during the period February-December… Continue reading US Internet Universe Expands 23% In 1999
Capital Radio has unveiled plans for Life, a new digital station to be broadcast on the national network, Digital One. Life will begin broadcasting on 31 January and makes Capital Radio a national, and digital, broadcaster for the first time.Life will offer listeners soft adult contemporary music from the likes of Sting, George Michael, The… Continue reading Capital Launches New Digital Station On National Network
Capital Radio was one of the best performers on the FTSE 100 index on Friday. Prices rose almost 6% to close at £15.97˝p.Shares in Reuters jumped 13˝p to £10.07˝ as rumours continued to spread tha the information group is planning partial spin-offs of its hi-tech and internet interests in the hope of repositioning itself as… Continue reading Sharewatch
Monday MediaTel’s weekly industry focus, Media Track, is featured in Campaign Media Business.Tuesday The Retail Prices Index for December 1999 is released by the Office of National Statistics.Friday Director generalship of the BBC is officially handed from Sir John Birt to Greg Dyke. Birt decided to step down from the post two months early after… Continue reading The Week Ahead
Revenue Total terrestrial television revenue for December 1999 (including GMTV) came in at £185.8 million, according to agency estimates. Of this, the ITV Network took £122.9 million, 6.6% lower than the same month last year; Channel 4’s revenue was up 1.9% to £43.3 million and Channel 5 saw its ad revenue grew annually by 27.4%… Continue reading TV Market Round-Up – December 1999
Shares in Granada fell 11p yesterday as Greg Dyke bowed to political pressure and sold his holding in the group (see Dyke Disposes Of Granada Shares). Prices closed at 620˝p.Scottish Radio climbed 50p to a record high of £15.25p as the media group issued £75 million worth of new shares in a step towards further… Continue reading Sharewatch
