Not a day goes by at present when there isn’t some mention of the dotcom boom fall-out or the advertising slowdown that have plagued media companies so far this year. Revenues at ITV have been particularly hard hit as recent figures from Granada and Carlton have shown. Shares tumble; brokers downgrade; media-land sulks.It is interesting… Continue reading Feature: National Papers’ Display Pages Hold Strong
IPC Media has announced a series of new appointments, including the promotion of former Nova publisher, Elaine Foran, to director of the newly created central international and fashion sales group.In the new role, Foran, reporting to IPC advertising MD, Georgina Crace, will manage sales strategy and client and editorial liaison across all IPC titles including… Continue reading Management Shake Up At IPC
Cable and Wireless suffered the greatest loss among media stock yesterday, with shares sliding 6.58% to finish at £4.19, a loss of 29.5p on the previous day.Maiden also faired badly in yesterday’s market, slumping 4.66% to close at £4.60, a loss of 22.5pRTL led the field among media groups yesterday, climbing 9.48% to finish at… Continue reading Sharewatch
Plans by Granada and Carlton Communications to unify their pay-TV ventures into ITV, have been halted by a dispute with smaller shareholders, according to press speculation.It is believed that Granada and Carlton, which hold nine out of the fourteen regional ITV licences and control most of the advertising revenue, have reached a stalemate situation with… Continue reading Spanner In The Works For Integrated ITV Platform
Jupiter MMXI, which has produced at home internet audience data for the UK since 1999, has announced that data will be released from now on on a weekly, rather than monthly, basis. As calls for industry wide agreement on standards for internet audience measurement gather strength (see IPA Conference Announces Progress Towards Internet Audit), the… Continue reading Jupiter MMXI Launches Weekly Internet Data Release
AOL Time Warner Scraps Talks With IPCReports this morning suggest that talks between AOL Time Warner and IPC (see AOL Time Warner May Bid For IPC) have fallen through. The valuation of the company is thought to have been the reason for the breakdown as IPC and its largest shareholder, Cinven, deemed the offer price,… Continue reading AOL Time Warner Scraps Talks With IPC
After issuing its interim results last Wednesday (see Continued Ad Revenue Woe At Granada, But Results Are Top End Of Predictions), week on week analysis saw shares in Granada fall 10.23%, to close at £1.58, with a loss of 18p.Carlton also faired badly with shares slumping 10.89% to close at £3.52, down 43p on the… Continue reading Sharewatch
NTL has announced a £20m deal with MXR Ltd, to provide digital radio services across four UK regions.The 12 year deal will see NTL provide digital multiplexing and transmission services, in North East England, South Wales/Severn Estuary, West Midlands and North West England, with services due to air in the summer. The company will also… Continue reading £20m Digital Radio Deal For NTL
Go Racing’s troubled £400m deal to create a digital horse racing and betting channel (see Go Racing Deal Could Be Halted By Pre-Race Data Problem) collapsed this morning.A spokesperson for Go Racing confirmed that, despite an all-night emergency meeting, the consortium had failed to come to an agreement with the British Horseracing Board (BHB) concerning… Continue reading No Go For Go Racing
