The Digital Radio Group (DRG) has succeeded in its bid to become the holder of the third digital multiplex licence to be awarded for the Greater London area (see Digital Radio Group Joined By New Shareholders For London Bid). The DRG bid promised services for diverse groups of listeners including young people, the gay community,… Continue reading Digital Radio Group Wins Third London Multiplex
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The Daily Mail and General Trust (DMGT) group has announced pre tax profit of £71.6m for the half year ended 1 April 2001, a year on year decrease of 1.1%, although operating profit was up 4.5% year on year at £103m and turnover increased by 11% to £960.5m.Despite the fall in profits the Group declared… Continue reading DMGT Remains Upbeat Despite Pre-Tax Profit Fall
Around 500 jobs are expected to go at Reuters in an organisational restructure. The measures form part of an initiative by Tom Glocer, who is due to succeed Peter Job as CEO of the company at the end of July.The restructure will also have implications at board level, where Rob Rowley and Jean-Claude Marchand will… Continue reading 500 Jobs To Go At Reuters Thanks To Restructure
Coca-Cola has signed a deal worth £50m to sponsor ITV’s coverage of Premier League football highlights for the next three years. The company emerged as the winner after the deadline for sealed bids was reached on Monday (see Deadline Runs Out For ITV Football Sponsorship Deal)The £50m spent by the soft drinks brand over three… Continue reading Coca-Cola Signs Up To Sponsor Premier League Coverage On ITV
One large and one small player dominated the performances of media shares yesterday. Bright Station appeared to pull back from the brink, its 1¼p rise to 9p per share translating to a 16% rise compared to the previous day. Meanwhile RTL’s rise of over £9 was a 23% increase on Tuesday’s closing price, bringing the… Continue reading Sharewatch
Shares in BSkyB, which closed at their lowest price since November 1999 on Monday, (see Sharewatch) recovered slightly yesterday with a rise of 5.97% to finish 42p better off than the previous day with a closing price of £7.46.EMAP, which yesterday announced that its lads mag Sky is to fold (see Emap To Axe Sky… Continue reading Sharewatch
According to the Henley Centre, the average person lost two hours a week of their leisure time to work between 1992 and 1998, leaving less opportunity for media consumption. Road congestion is getting heavier, meaning more time sat in the car and less at home and when people do sit down in front of the… Continue reading Feature: Ad Fatigue Benefits Passive Media
The current head of press and publicity at BBC Wales, Huw Rossiter, is to join the Independent Television Commission (ITC) as head of public affairs. In his new role Rossiter will manage the press office team and information centre and help implement the organisation’s publicity and lobbying plans.Rossiter joined the BBC in 1982 as publicity… Continue reading ITC Appoints New Head Of Public Affairs
ITV has announced that its £10m reality TV show Survivor (see Review: Survivor) is to be reduced to just one episode a week as viewing figures continue to dwindle. Currently Survivor airs four times a week with one hour shows on Monday and Thursday at 8pm and thirty minute shows on Tuesday and Friday. Next… Continue reading Only The Strong Survive: Bad News For ITV Reality Show
Big Brother has beaten ITV’s Survivor in the battle for audience ratings for the first time, according to unofficial overnight figures just released. 4.1m viewers tuned in to Big Brother on Channel 4 at 10pm last night while only 3.9m watching Survivor on ITV at 8.30pm.More analysis to follow on Newsline…Channel Four: 020 7396 4444… Continue reading Big Brother Beats Survivor In Audience Size For First Time
