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Media group Chrysalis has revealed a dramatic drop in its profits for the first half of the financial year, attributing the decline to falling audiences and a difficult period of trading in its books division.The results show group turnover to have dropped to £78.4 million for the six months ended 28 February 2005, compared to… Continue reading Chrysalis Reveals Drop In First Half Profits

Emap has appointed Andrew Jeffries as the new programme director for its Kiss radio stations, a role which will see the new output boss take control of the network’s national and local content, building on his past success with both digital and FM incarnation’s of Emap’s Kerrang!Having launched Kerrang 105.2 in June 2004, Jeffries is… Continue reading Emap Signs New Programme Boss With Kiss

ITV will this year celebrate its 50th birthday, having made its inaugural broadcast on 22 September 1955, championing itself as the largest commercial broadcaster in Europe and “the home of some of television’s best-loved programming”.The broadcaster will mark the occasion with a variety of one-off programmes and live events, designed to entertain and involve viewers… Continue reading ITV To Celebrate 50th Anniversary This Year

ITV has axed its high profile Celebrity Wrestling after just three weeks, citing an ever declining audience share as the reason for its demise.The show, pitted against BBC1’s Dr Who, suffered from the offset, with its debut appearance drawing a peak of 3.8 million although the programme’s audience regularly waned, dipping below the 3 million… Continue reading ITV Drops Wrestling As Ratings Hit The Floor

Reports this morning suggest an imminent consolidation of the UK’s cable TV industry, with operators Telewest Global and ntl believed to be preparing a £5.5 billion merger.The move would create a more unified rival to BSkyB’s dominant digital satellite service, with ntl employing Goldman Sachs to advise on the planned merger, according to today’s Times… Continue reading Cable Giants Mull Merger To Tackle Sky

Ulster TV (UTV) has made an official bid for the Wireless Group (TWG), offering £98.2 million for the company, equating to 91 pence in cash for each Wireless share.UTV directors believe that the acquisition of TWG will strengthen the company’s position as a TV and radio broadcaster in the Republic of Ireland.Commenting on the offer,… Continue reading UTV Offers £98.2 Million For Wireless Group

GCap Media formally began trading this morning, following the merger of Capital Radio and GWR, creating a single broadcaster with combined airtime sales accounting for almost 40% of the UK’s commercial radio market, based on total listening hours.The High Court cleared the way for the two companies to merge at the end of last week,… Continue reading GCap Begins Trading As Chrysalis Snaps Up Century

The nation’s national daily newspapers continued to see readership decline year on year in the six months to February, with the market as a whole seeing a downturn of 2.64% on the same period last year.There were glimmers of hope, however, with Mid Market titles notching up readership rises and the Daily Star bucking the… Continue reading NRS National Newspaper Round-Up: February 2005

Speculation is mounting this morning that magazine giant Haymarket is to purchase Media Week from Quantum Publishing, following the company’s decision to sell off some of its most lucrative business titles last year.However, NewsLine understands that no deal has yet been signed between the two companies, despite a decision over the magazine’s future being expected… Continue reading Speculation Mounts Over Haymarket Media Week Deal

Mediacom has scooped Media Agency of the Year for the second time in a row at this year’s PPA Marketing’s Consumer magazine advertising awards, beating M2M, Mediaedge:cia and ZenithOptimedia.The judges agreed that MediaCom had continued to demonstrate great commitment to magazines and a strong involvement in the industry and to media owners.The awards, now in… Continue reading Mediacom Scoops Media Agency Of The Year