The BBC has signed a five-year deal for the exclusive radio rights to live Test cricket matches, beating off a bid from Kelvin MacKenzie’s TalkSport. It is believed that the £5 million offer from the BBC beat a £7.5 million proposal by the national commercial sports station.MacKenzie accused the Corporation of snobbery after his bid… Continue reading BBC Wins Fight For Test Cricket Rights
Online advertising is set to continue its boom, with revenues reaching £620 million by 2004, according to Fletcher Research. In 1999 online adspend stood at £50 million, drawn from a mixture of dotcom start-ups and traditional media companies moving to the Net. By 2004, 50% of all online ads will come from dotcoms, says Fletcher.Dotcom… Continue reading Online Advertising To Hit £620m By 2004, Says Fletcher
Year end financial results released by global communications group, Cordiant Communications yesterday, were met positively by traders (see Cordiant Posts Strong Rise In Pre-Tax Profits). Stock was pushed up 19˝p to close at 358˝p.BSkyB plummeted yesterday after making a record high at the beginning of the week, to finish down 182p (8.5%) at 1,595˝p. Other… Continue reading Sharewatch
The Guardian Media Group and BSkyB have been holding talks with a view to taking stakes in an arts pay-TV channel. Artsworld will be fronted by Sir Jeremy Issacs and will feature a range of arts programming.It is believed that Sky has taken a 20% stake in the channel and agreed its carriage on SkyDigital.… Continue reading Guardian And Sky Plan Stakes In Art Channel
Attic Futura is to launch a web portal for teenage girls. Drawing on the strength of its teen titles – which include Sugar and B – the group is to invest £10 million in the project, due to launch later this year. The teen sector as a whole was struggling in the latest ABC audit… Continue reading Newsline Brief
EMAP has promoted Paul Keenan to the position of chief executive of EMAP Digital, with a brief to oversee the media group’s global online operations. Keenan, who joined EMAP in 1992, is currently chief executive of EMAP’s élan division, which publishes titles including Elle, New Woman and Red.Keenan has been involved in the launch of… Continue reading EMAP Appoints Head Of Digital Operations
Last month WPP issued a warning to network television controllers about the cost of advertising, which, it said, is rising at an unprecedented rate. The global advertising group said that inflating prices on both sides of the Atlantic are causing clients to seek other media as the cost of advertising on network TV has risen… Continue reading Feature: Cost Of ITV Increases As Audiences Fragment Across Digital Media
The Advertising Standards Authority (ASA) has upheld a complaint from digital terrestrial broadcaster, ONdigital, in regard to a leaflet distributed by cable company, Cable & Wireless Communications (CWC). ONdigital said that the comparisons made between its platform and CWC’s own digital service were inaccurate and misleading.CWC’s leaflet contained a table which stated that CWC’s digital… Continue reading ASA Upholds Complaints Against CWC
Interactive television service Open has announced plans for expansion following a recent report citing the growth potential of TV commerce. The report, by market research company BMRB, said that people feel more comfortable purchasing through their TV sets than through computers (see TV Shopping Is Proving More Popular Than Online, Says BMRB).Expansion plans include increasing… Continue reading Open Announces Plans For Further Growth
Global advertising and communications company, Cordiant Communications, has this morning reported an increase in pre-tax profit of 32% to £32.3 million for the twelve months to 31 December 1999. The group, which counts Bates Worldwide and a 50% holding in Zenith Media Worldwide amongst its businesses, said that headline earnings per share were up from… Continue reading Cordiant Posts Strong Rise In Pre-Tax Profits
