Week on week analysis reveals that UBC was the best performer in last week’s media market. Shares jumped 31.53% to finish at 36˝p after the company announced that it was positive about the future, in spite of the uncertain business environment.Carlton, which last week released stronger than forecast full year figures and announced a more… Continue reading Sharewatch
The outdoor industry saw revenues drop by 2.8% in the third quarter of 2001 compared with the same period last year, but the Outdoor Advertising Association (OAA) says that sector is “holding up” against its strong performance in 2000 (see Outdoor Advertising Association Disputes Industry Decline).The latest figures from the OAA show that while Q3… Continue reading Outdoor Industry Positive Despite Q3 Slide
Michael Lynton, president of AOL International and acting chief executive of AOL Europe, is believed to have emerged as a last minute candidate to become the next chief executive of Channel 4.Lynton, previously chairman of Penguin and former candidate for the director general’s job at the BBC, is thought to be running against the BBC’s… Continue reading AOL Chief Tipped For Channel 4 Chair
The UK’s largest newspaper publisher, Trinity Mirror, this morning confirmed that advertising conditions have continued to deteriorate since 11 September, with national revenue declines of 10.1% and 20.7% in October and November respectively. The company says that it expects December’s figures to be much the same, losing the company the traditional Christmas boost to ad… Continue reading Trinity Misses Out On Christmas Bonus
The Independent Television Commission has defended comedy’s right to satirise political and public figures, by rejecting complaints from viewers about ITV programmes 2DTV and The Frank Skinner Show that lampooned the current political situation in Afghanistan.A total of 16 viewers complained about a broadcast of 2DTV, an animated satirical series, saying that it made light… Continue reading ITC Acknowledges Comedy’s Right To Satirise
The first advertising on 3G phones in Europe is to go ahead, promoting the services of internet bank Smile.co.uk across the Manx Telecom infrastructure on the Isle of Man.Online media planning company i-Level has negotiated the agreement, which, in the first instance, will see basic branding appearing on the 3G portal, although various formats and… Continue reading First Advertising On 3G Planned
Channel 4 was quick to broadcast an apology after Madonna used the word “motherfucker” during its coverage of the Turner Prize award ceremony last night.During the ceremony, which was screened before the 9pm watershed, Madonna who was presenting an award said: “At a time when political correctness is valued over honesty, I would also like… Continue reading Channel 4 Sorry Over Swearing
In its pre-close trading statement, released this morning, European TV group RTL, which has a 64.63% share in Channel 5, announced that full year earnings were expected to be some 35-40% lower than 2000 totals, due to the increasing deterioration in the European advertising market.Since the group announced interim results in September, the market has… Continue reading Channel 5 Owner RTL Releases Trading Statement
IPC has confirmed that a further 118 jobs will be cut from the company by mid-March 2002, but no further closures are planned at present. The move comes as IPC’s owners AOL Time Warner (see AOL Buys IPC Media For £1.15bn) have announced cuts to its own worldwide workforce.The three month long process of consultation… Continue reading IPC Confirms Job Cuts
Thursday proved another good day’s trading for media shares, with most stocks seeing increases. One exception was BSkyB, whose share price fell 43p to £8.93 after a downgrade from Goldman Sachs.Reed International was up 5½p at £5.97½ by the end of the day’s trading, following the release of a reassuring trading statement.The closing prices of… Continue reading Sharewatch
