The Newspaper Society (NS), which represents the interests of the UK’s regional and local press, has hit out against the consultation on media ownership rules published by the Government this week (see Jowell Says Cross Media Rules May Remain), claiming it lacks understanding and threatens to increase regulatory burdens.David Newell, director of the NS, said:… Continue reading NS Lashes Out At Government Paper
Media stocks jumped yesterday after the Government outlined measures to deregulate media ownership laws. Jazz FM was the best performer in yesterday’s media market with stock climbing 10.53% to finish at £1.36˝, an increase of 13p on the previous day.BSkyB saw shares rise 4.68% to close at £8.50 in what was one of the most… Continue reading Sharewatch
In yesterday’s consultation document on media ownership, Culture Secretary Tessa Jowell inferred that the 20% rule which currently governs cross media ownership may remain and may yet be extended to cover all media markets.Driven by the belief that “the existing media ownership rules are outdated, inconsistent and not flexible enough to respond to the rapid… Continue reading Jowell Says Cross Media Rules May Remain
The National Magazine Company (Natmags) has found a buyer for Focus, the monthly science magazine that it was planning to close.Bristol based company, Origin, which publishes ten home-interest consumer titles and 14 customer magazines for clients such as HMV and Waterstones, has agreed to buy the magazine. Commenting on the deal, Natmags’ deputy managing director,… Continue reading Natmags Finds Buyer For Focus
The first outing of the Richard and Judy Show on Channel 4 yesterday attracted an audience of 2.2 million and achieved a 14.8% share of viewing.The show, which was shown between 5pm and 6pm yesterday, peaked at 5.15pm with an audience of 2.6 million and a 17.5% share. Channel 4’s head of daytime, Jo McGrath,… Continue reading 2.2 Million Tune In To Richard and Judy On 4
A US study into the use of the internet has found that journalists and PR professionals are relying increasingly on the net in order to communicate with one another. The study, conducted by the Institute for Public Relations and the Worldcom Public Relations Group, found that journalists feel the quality of their work has improved… Continue reading Internet Has Increasing Role In Media
Maintaining quality of media output without strangling competition is a tricky balancing act, and its perhaps no wonder that the Government is yet to fully reveal its plans for the UK’s media future. MediaTel Insight’s Lucy Condon looks at the latest round of hints and speculation.“The Government’s task is to create a framework for media… Continue reading UK Media’s Brave New World
Translucis has appointed former CIA new business director, Ian Davis, as executive media director of its plasma screen network.In the newly created role, Davis will be responsible for driving commercial advertising revenue and raising awareness of opportunities to use the company’s Magnetic-branded plasma screens in bars and clubs. He will report to global CEO of… Continue reading Translucis Appoints Executive Media Director
At a time when the media industry is jittery about the prospect of recession- either in advertising or in general- the British Society of Magazine Editors (BSME)has honoured those among their number who are still delivering when it comes to newsstand sales.At its awards presentation last night, the editor honoured for Launch of the Year… Continue reading Editors Honoured In BSME Awards
Scottish Radio Holdings (SRH) is reportedly looking to sell its outdoor division, Score Outdoor, as part of a move to streamline the company in the face of the current advertising downturn.Score Outdoor has been badly affected by the worsening economic climate with profits falling by almost £2m over the last year and according to a… Continue reading SRH Tipped To Sell Outdoor Assets
