Interactive entertainment company Two Way TV has received £12m investment from Swedish group SMI Media. The deal will see SMI become a significant shareholder in the group with two of its directors sitting on the board.Two Way TV launched in 1992 developing systems to allow viewers to compete with their favourite TV gameshows. The Two… Continue reading Two Way TV Gets £12m Investment Boost
Marketing spend is on the increase despite forecasts of a recession within the industry, according to the latest Bellwether Report. Twice as many companies raised their marketing spend than cut them in the first quarter of this year.The report, which is published by the IPA and tracks actual client spending intentions within the economy, reveals… Continue reading Marketing Spend On The Rise, Says Bellwether Report
GWR is to set up a new consumer group to monitor the performance of its flagship station Classic FM. Following the lead of commercial television companies as they move towards self-regulation, the radio group has announced that it too will publish annual performance plans.Speaking at the Radio Academy’s Radio and the City seminar this morning,… Continue reading GWR Sets Up Consumer Group For Classic FM
Reuters is due to release first quarter results today, which are expected to show an increase in revenues. However, yesterday it was the worst performer amongst media shares, falling 54p or over 5% to end at £9.75.As more news of the proposed ONdigital revamp emerged (see ONdigital To Announce Revamp, Prebble To Head Up ITV),… Continue reading Sharewatch
Channel 5 has set out its intentions for the year in its statement to the ITC, aiming to be “desirably different” in the face of a budget which is, by its own admission, one third of the size of Channel 4 and BBC2, even with the recent boost from its owners (see Channel 5 To… Continue reading Channel 5 Aims For ‘Desirably Different’ In Statement Of Intent
Natmags has announced the launch of its new teen title CosmoGirl!. Billed as Cosmopolitan‘s “fun, fearless little sister”, the title is to go on sale from 20 September.The editorial team will be headed up by Celia Duncan and will include Catherine Duffy as art director and Miranda Eason as features editor. James Williams joins the… Continue reading Natmags Unveils Launch Date For CosmoGirl!
The Advertising Standards Authority (ASA) has published its annual report for 2000, which shows a 4% increase in complaints about advertising, although the total number of ads which caused complaints fell. Just 10 ads out of the total 9,134 ads considered last year attracted almost 18% of all complaints.The Authority resolved also more complaints about… Continue reading ASA Annual Report Sees Rise In Complaints During 2000
ITV has published its first statement of programming policy in which it promises to invest £750m on programming during 2001, excluding regional services. The network’s commitment is part of a new initiative by the ITC in which broadcasters are obliged to produce annual public service targets in preparation for the adoption of self-regulatory measures proposed… Continue reading ITV Publishes First Statement Of Programme Policy
News and information group Reuters has this morning posted a strong set of financial results that show first quarter revenues rising 17% to £970 million. However, chief executive Peter Job warned that growth in the second quarter would be at a “slightly lower rate”.The group says that good performances at its Reuters Financial and Instinet… Continue reading Reuters Stock Falls On Slower Q2 Warning
UK cinema admissions are predicted to reach 148m during 2001, an increase of 4% year on year, according to the latest figures from the Cinema Advertising Association. Revenue for the medium is also on the increase, pushed by a more adult and female orientated film product.Admissions rose by 3% in the first quarter, compared to… Continue reading Cinema Admission To Reach 148m During 2001, Despite March Slump
