Culture Secretary Tessa Jowell has urged ITV Digital to continue negotiations with the Football League after the troubled digital TV platform was put into administration yesterday (see Administration For ITV Digital Confirmed).The League is threatening to sue ITV Digital’s joint owners, Carlton and Granada, for £500m to cover the outstanding £178m that the company owes… Continue reading Jowell Urges ITV Digital To Continue Talks
Scottish Radio Holdings (SRH) has released a trading update prior to the end of its half year on 31 March. The company indicated that while a decrease in group revenues is expected, its focus on local media has protected it from the full force of the media downturn.SRH’s revenue is expected to show a decrease… Continue reading SRH Expects 3% Decrease In Interim Revenues
Carlton and Granada saw shares rise yesterday on the possibility that they will no longer have to invest in troubled pay-TV platform ITV Digital, which has been put into administration (see Administration For ITV Digital Confirmed). Carlton was up 2.16% to close at £2.72, while Granada climbed 2.89% to finish at £1.42˝, an increase of… Continue reading Sharewatch
The Digital Radio Development Bureau (DRDB) has launched the second phase of its advertising campaign on analogue radio stations, designed to raise awareness of digital radio.The ads, which feature veteran DJ John Peel, are 20, 30 and 40 second slots which will run on Classic FM, Virgin AM and over 60 local analogue stations for… Continue reading DRDB Rolls Out New DAB Awareness Ads
As it nears its fifth birthday at the end of this month, Channel 5 is showing every sign it is coming of age. An increasing programming budget, meatier programmes, the successful integration of Home & Away and, perhaps not unconnected to the previous factors, a growing audience share, means that it no longer looks wise… Continue reading Feature: Channel 5’s Reasons To Celebrate
The Commercial Radio Companies Association (CRCA) has published a report in the hope of stimulating debate on the shape, approach and duties of OFCOM.Among the points made in OFCOM: Deregulating Commercial Radio are that the BBC should fall completely within the OFCOM remit, echoing the feelings of others in the industry, including the IPA (see… Continue reading CRCA Publishes Report On Role Of OFCOM
BBC1 has unveiled its new channel idents and logo, replacing the globe hot air balloon which has floated across the space between programmes for five years.Lorraine Heggessy, controller of BBC1 said that the new identity should reflect the channels “universal appeal”, saying that it was “time to move on and bring a fresh feel to… Continue reading BBC1 Unveils New Identity
Chief executive of Pearson, Dame Marjorie Scardino (see Pearson Chief Executive To Be Made Dame) and other senior executives will not receive a bonus this year as the advertising downturn continues to take its toll on the company.Scardino was eligible to receive a bonus, reportedly in excess of £150,000, but has opted not to take… Continue reading Pearson Chief Waives Bonus
GWR today released a trading update for the year ending 31 March 2002. In January the group announced that like for like revenues for the UK were down by 10.8% year on year for the quarter to 31 December 2001.For Q1 2002, GWR anticipates that like for like revenues will be flat including a 4.8%… Continue reading GWR Sees ‘Some Improvement’ In UK Radio Market
The number of subscriptions to the internet increased by 15.3% between January 2001 and January 2002, according to the latest Index of Internet Connectivity report from the Office Of National Statistics (ONS).The report shows that subscriptions to ISPs rose by 4.3% during the first quarter of 2001 before falling during each month of the second… Continue reading Internet Connectivity Continues To Rise
