Future Network released its second profit warning in three months yesterday (see Future Network Issues Second Profits Warning), causing another drastic reduction in its share price, which ended down 59p on yesterday’s price at 85p, in sorry comparison to the 52 week high of £9.26 achieved last February. The company in part blames the slowness… Continue reading Sharewatch
The adspend boom enjoyed by many sectors of the media following the huge growth in dotcom companies over the last couple of years is now starting to slow a little. Whilst most forecasts for online retailers and e-commerce companies predict continued growth and increased consumer spend, the marketing budgets for many dotcoms are being tempered… Continue reading Feature: Media Growth For 2001 Subdued As Dotcom Fallout Takes Effect
Magazine group Future Network has issued a new profits warning, just two months after it revised its previous estimates. In a trading update released this morning the group said it will not achieve the profits, revenues and EBITA estimates laid out in November (see Future Shares In Freefall As True Cost Of Accounting Errors Is… Continue reading Future Network Issues Second Profits Warning
Sportinglife.com is to extend its multimedia output following a number of strategic partnerships. Sports Media Broadcasting will provide an online radio station for the site, while SNTVi will supply video news footage.David Annat, managing director of Sportinglife.com, said: “These deals will provide additional valuable streams of content to the Sportinglife.com site, further complementing our position… Continue reading Sporting Life Adds Radio And Video Services To Website
Associated New Media (ANM), the new media arm of Associated Newspapers (ANL) launches its second attempt at a women’s web offering on 6 January. Initially meant as a relaunch of charlottestreet.com (see ANM To Rename Charlotte Street), femail.co.uk has emerged with barely a trace of its forebear and is billed as a “2nd generation women’s… Continue reading Associated New Media Readies For Launch Of New Women’s Website
The big names of commercial broadcasting are clubbing together to try and thwart the BBC’s plans to launch digital rivals to their channels. BSkyB, Telewest and Turner Broadcasting are said to be included in a consortium of seven which is accusing the Culture, Media and Sport Secretary Chris Smith of allowing the BBC to abuse… Continue reading Commercial Broadcasters Demand Tighter Reins On BBC Digital Plans
Shares in Reuters suffered a downgrade from brokers yesterday, causing their price to fall 59p by the end of the day’s trading, to finish at £10.25.WPP announced its purchase of US PR firm Deen + Black yesterday (see WPP Buys US-Based PR Firm), causing shares in the buyer to fall 40p to end at £7.87.Four… Continue reading Sharewatch
Marketing director at beeb.com, Lesley Henry, has left to take on the role of head of broadcast interactivity at Telewest. Before beeb.com, Henry spent several years in marketing positions at Coca-Cola. Capital Radio has announced the appointment of Andria Vidler as managing director for Capital Radio London. She will take up the position from 8… Continue reading Appointments Brief
Cinema adspend has been rising steadily over the past decade, reaching a total of £87m for the 12 months to September 2000, according to CIA Medialab research. Cinema admissions have also risen over the period, from just under 90 million during 1989 to just over 100 million during 1999.However, this growth has not always been… Continue reading Cinema Admissions Increase Over Decade, Revenues Follow Suit
Johnston Press has announced the acquisition of four paid-for newspapers from Mortons Media Ltd. The titles are all based in the Lincolnshire area and include the Horncastle News series, the Louth Leader series, the Skegness News and the Market Rasen Mail.The deal will be subject to approval from the secretary of state for trade and… Continue reading Johnston Press Acquires Four Titles From Mortons Media
