Cinema admissions figures for April were up 30% year on year, resulting in the highest number of admissions for that month since 1972. An average of 3.04m per week went to see films including top titles Pokemon, Erin Brockovich and Kevin and Perry Go Large, which together grossed £23m.The critically acclaimed American Beauty came fifth,… Continue reading Cinema Admissions For April Up 30% On Last Year
BSkyB has acquired a 20% stake in Medical Information and Broadcasting Limited (MIB) which operates The Medical Channel. The channel is to broadcast via digital satellite to doctors and medical professionals and will go fully live on 1 June this year.The Medical Channel will air on Sky Digital channel 902 from 7am to 10pm every… Continue reading BSkyB Buys Into Medical Broadcasting
UK radio listening is performing strongly according to the RAJAR audience figures for the first quarter of this year, with the whole industry adding more than 33,000 hours’ listening quarter on quarter. Commercial radio’s share of listening has increased, on a national and local level, helping the commercial sector to close the gap slightly between… Continue reading Feature: Radio Groups Show Improvements In Latest RAJAR Report
Granada Group is to be split into two divisions following its merger with contract caterer Compass Group (see Sharewatch). The group’s media division will be renamed Granada Media as a result of the separation, and will float on the stock exchange later this year.The hospitality and media divisions are to be split within 12 months… Continue reading Granada Group To Float Media Arm
A TV sponsorship deal will be extended to radio for the first time in a deal between EMAP, Channel 4 and Malibu. Flava, a youth programme on C4 will be turned into a weekly radio show on EMAP’s Kiss and Big City stations in the deal, which is believed to be worth around £500,000.The radio… Continue reading Channel 4 And EMAP Unite In Sponsorship Deal
Shares in Granada fell by over 6% yesterday as the market responded to the news that the group was to purchase contract caterer Compass Group and split its hospitality and media arms into two separate businesses. Prices closed at 600p yesterday. This morning Granada confirmed that the deal was going ahead.Highbury House Communications saw a… Continue reading Sharewatch
Virgin Radio has been given a £75,000 fine, the largest ever imposed by the Radio Authority, for breaching impartiality rules in a broadcast during the London Mayoral Elections. The broadcast by Chris Evans went out nationally and locally and therefore could have earned a fine of up to £1m, 5% of revenue gained from advertising… Continue reading Chris Evans Earns Virgin A Record Radio Authority Fine
BBC News Online is to supply content to Yahoo! UK. No money is exchanging hands in the deal, whereby Yahoo! will be supplied with top stories from the BBC’s UK, British politics, world, business, sport and science and technology news service sections. In return the BBC will introduce more people to its service, which is… Continue reading BBC News Online Signs To Supply Content For Yahoo!
News International is to invest in its Times website in an attempt to transform it into the most popular online news service. Times Online will undergo a major relaunch in August which will see the group ploughing millions into the site.Currently the site is little more than a web-based version of the newspaper. But plans… Continue reading Times Online Plans Revamp As Report Finds News Services Lacking
Confirmation that Granada group is considering a merger with catering company Compass (see Sharewatch) had a positive effect on Granada’s share prices, which ended up 6½p at £6.39½.Share holders in WPP are thought to be concerned about the details and timing of its merger with Young and Rubicam (see WPP Buys Young & Rubicam For… Continue reading Sharewatch
