Datamonitor, the research analysts, predict that IT budgets for media companies will grow significantly between now and the year 2001. This budget expansion will be largely fueled by the need to adopt, or up-date, new digital systems.Datamonitor predict that growth in digital systems will result in £448 million expenditure on hardware and packaged software within… Continue reading IT Budgets On The Up
The Department of National Heritage has announced a new National Lottery film franchise scheme which will bring new investment of over £150 million in British films over the next six years. This is in addition to the £81m already awarded to film and cinema projects by the Lottery.Virginia Bottomley, the National Heritage Secretary, said: “It… Continue reading Film Industry To Receive £150m
The April issue of .net magazine will have the political spectrum covered; there will be a special election feature and a choice of two covers – one red and one blue. The two main party leaders, Blair and Major, will be the cover stars.This gimmick is expected to attract more readers and point Internet users… Continue reading .net Gets Political
It is often assumed that most young people are not regular newspaper readers. However, a recent survey conducted by Mori and City University and reported in yesterday’s Guardian has found little to support this myth.Two out of three of the British public read a national daily on a regular basis. The survey used a sample… Continue reading Youth Support The Press
NRS figures for August ’96 to January ’97 reveal a disastrous month for the Express On Sunday, which fell 27.3% year on year to 2.935 million. This is the lowest ever NRS for the title. The Times had the largest increase in readership overall in January, increasing 14.33% to 1.883 million, while the Sunday Telegraph… Continue reading National Newspaper NRS – January
ADHunter, an online classified-ad database set up by seven of the largest regional press publishers in the UK, is set for a March 24 launch.ADHunter has been set up by Trinity International, Northcliffe, United Provincial Newspapers, Newsquest, Johnston Press, Bristol United Press and the Manchester Evening News to create a “comprehensive and user friendly classified-ad… Continue reading ADHunter Set For Launch
Global advertising group Cordiant has rescheduled the release of its 1996 financial results. The figures were due to be announced today but the company said they had been delayed until next week, probably Wednesday. A spokeswoman for the company would be no more specific than saying the delay was due to “internal problems”.Cordiant: 0171 436… Continue reading Cordiant Results Delayed
On 5 March the European Court of Justice (ECJ) gave a preliminary ruling in a seminal case concerning Sweden’s state-run retail alcohol monopoly (which generates six per cent of the national tax revenue). The case could have significant repercussions for Sweden’s state finances as well as for other European countries with similar monopolies. There are… Continue reading EU: ECJ Condemns Swedish Monopoly
Mario Monti, the EC Commissioner for the Single Market, is understood to be seeking a decision on whether the Commission should draft a Directive on the harmonisation of rules on media ownership. The Commission will debate this issue on 12 March. It is understood that Monti has achieved an understanding with Martin Bangemann (Industry Commissioner)… Continue reading EU: EC Studies Harmonisation Of Rules
Canal Plus, the French pay-TV broadcaster, has complained to the Conseil de la Concurrence (the French competition court) that its rival, TF1, is abusing its dominant position in the French TV market, via its advertising subsidiary, TF1 Publicite. It appears that the basis of the complaint is the claim by Canal Plus that TF1 Publicite… Continue reading FR: Canal Plus Brings Competition Case
