On a bad day for media and technology stocks, Merrill Lynch’s faith, or rather price target, for BSkyB was raised slightly thanks to the company’s recent carriage deal with NTL (see BSkyB And NTL Strike Channel Supply Deal). Nevertheless, shares ended down 37p at £11.20.Heavier losses were seen among the telecoms companies, with Cable and… Continue reading Sharewatch
Pan-European broadcaster RTL has announced its first set of interim results since floating on the UK stock exchange 2 months ago (see RTL Lists On Stock Exchange With Value Of £16.6bn). The group has seen pre-tax profits increase by 46% to E316m, while net profits have fallen from E198m for the same period last year… Continue reading RTL States Joining FTSE 100 Index As Medium Term Aim
Remember the Nineties? One would hope so, unless your Millennium celebrations really were exceptional. However, ITV2 is either convinced that amnesia is on the increase or that 11 months is long enough to develop a healthy nostalgia, and has commissioned Carlton Productions to produce 30 hours of programming recalling those dim and (ahem) distant days.Scheduled… Continue reading Carlton Wins Contract For 30 Hours Of Nineties Nostalgia Programming
The underlying rate of inflation in the UK has fallen to its lowest since records began to be compiled in 1975. At 1.9%, it is well below the government’s target of 2.5% and is markedly lower than last month’s figure of 2.2% (see July Sees Steadying of Inflation Rate).According to the Office of National Statistics,… Continue reading Inflation Rate Hits Record Low
BBC Worldwide is to launch a marketing campaign to promote its shopping portal, beeb.com to the ‘middle England’ market. A total of £7 million is being spent on the cross-media campaign, which is based around a prime-time TV commercial, the first showing of which will be at 6.30pm on 18 September. The TV advertising will… Continue reading Beeb.com Campaigning To Attract Reluctant Middle England Net Shoppers
Capital Radio is to extend is Century brand into the London market with the launch of a digital version of its music station on the CE digital multiplex (see Capital And EMAP Win First London Digital Licence). Century London will begin broadcasting on 21 September.The move coincides with the launch of a new image for… Continue reading Century Radio Brand Extended To London
MXR, which is in the process of bidding for regional digital radio licences (see New Digital Radio Consortium Targets Regions) is to add two new members – UBC Digital and Psion InfoMedia – to its consortium.Simon Cole, chief executive of UBC Media said, “PC penetration in the UK is amongst the highest in the world.… Continue reading MXR Consortium Joined By Psion And UBC
Month On Month National newspapers showed an slight increase in sales during August. Overall the sector rose by just 0.9% in a month on month analysis, according to the latest figures from the Audit Bureau of Circulations (ABC) with most titles showing small rises.The exception was Sport First, this month’s best performer, which increased its… Continue reading National Newspaper ABC Round-Up – August 2000
Future Network yesterday announced losses in its interim results, but at the same time announced the appointment of media mogul Rupert Murdoch’s daughter Elisabeth as a non-executive director (see Losses Mount At Future As Elisabeth Murdoch Is Appointed To Board). Shares in the company ended down 7½p at £7.20.The acquisition of a stake in Irish… Continue reading Sharewatch
IPC’s entertainment website www.unmissabletv.com has signed a content provision deal with search engine Yahoo! UK & Ireland.The agreement will see the IPC website help to produce Yahoo! UK & Ireland Soaps, a service which will preview the day’s soaps and include gossip, a diary and character profiles, in what Colin Tough, executive editor of IPC… Continue reading Yahoo! and IPC To Produce Web Soap Service
