United Business Media (UBM) has cut its online investment for the current year from the planned £45 million to no more than £30 million. It blames the ‘current market conditions’ for the investment cuts, notably the downturn in high-tech advertising in the US.Given these cutbacks, along with growth in News Distribution and Market Research and… Continue reading UBM Cuts Online Spend During Hi-Tech Advertising Slowdown
European Magazines Limited, the joint publishing venture between IPC Media and Groupe Marie Claire is to close Nova less than a year after it relaunched the seminal women’s fashion magazine of the ’60s (see First Issue Review: Nova: The Fashion Magazine Reborn?). Despite a high profile launch which included TV advertising and generated considerable media… Continue reading IPC’s Relaunched Nova To Close
United Business Media (UBM) announced the sale of the Daily Star website to Sports.com yesterday (see UBM Sells MegaStar Site To Sports.com) and downgrades due to the high tech advertising decline are expected to follow today. Yesterday shares ended down 3p at £7.25.Troubled new media company Bright Station staged something of a comeback yesterday, after… Continue reading Sharewatch
Guardian Unlimited is officially the most popular UK newspaper on the net, according to the latest audited figures. During March the online paper saw its monthly page impressions increase by almost 5 million to 30.2m and unique users registered 2.4m during the month.Guardian Unlimited announced its intention to publish official monthly figures in January, the… Continue reading Guardian Unlimited The Most Popular Online Paper
A recent series of commercials for McDonalds received 40 complaints from members of the public. The Independent Television Commission (ITC) upheld the complaints about the ads, which it said were misleading.The campaign advertised a one-week McDonalds “buy one get one free” sales promotion. The series of commercials were run over three days; the first one… Continue reading ITC Upholds Complaints Against “Misleading” McDonalds Ads
European internet and mobile sports data provider, Sports.com, has bought the Daily Star website, MegaStar, from United Business Media (UBM) for an undisclosed sum. MegaStar has over half a million unique users and 14 million page views per month, according to Sports.com. Its audience is primarily UK-based 18-45 year old males.MegaStar was launched in 1997… Continue reading UBM Sells MegaStar Site To Sports.com
ITV has unveiled its line-up for coverage of the General Election. ITN coverage is to be backed up with four midweek election specials hosted by Jonathan Dimbleby, and leader profiles on Tonight With Trevor McDonald, while News at Ten will be extended during the campaign in order to carry in-depth reports on the main issues.… Continue reading ITV Reveals Plans For Election Coverage
Channel 4 has launched its new commercial arm, 4 Ventures, and said it will continue to spend heavily on digital and online projects. More than £200m has been set aside for new media investment.Details of the new company were unveiled yesterday as the group released its annual report and accounts for 2000. Chairman Vanni Treves… Continue reading Channel 4 Increases New Media Investment
Cable’s position as the platform of choice for the broadband revolution has never been in doubt. Offering bundled telephony and TV services it is ideally placed as the system through which television, internet, interactive and telephonic services can be delivered.But roll-out of cable networks has stalled while satellite continues its domination of the emerging markets.… Continue reading Feature: Cable Tipped To Regain Momentum Despite Dip In TV Share
Bright Station lost nearly a quarter of its share price once again yesterday, as its funding crisis appeared increasingly serious (see Bright Station Seeks Funds As Cash Runs Out). Shares ended the day down 3¾p at 11½p.SMG found market favour yesterday, after featuring positively in an analyst publication. Shares in the broadcaster rose 9½p to… Continue reading Sharewatch
