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The Economist simultaneously celebrated a landmark achievement last night and ushered in a new management regime.Publisher David Hanger welcomed a large gathering of agency and advertiser guests to a reception at London’s Earth Galleries to mark circulation reaching one million copies worldwide. Infact, he reported that the landmark achieved in the July-December ABC reports had… Continue reading The Economist Celebrates Soaring Circulation

Addressing the Incorporated Society of British Advertisers (ISBA) conference today BBC chairman, Michael Grade, pledged that the BBC would be a good neighbour to its commercial rivals in the wake of Culture Secretary Tessa Jowell’s green paper on the Corporation’s future last week.In a good humoured speech to delegates, Grade stated that, while he agreed… Continue reading Grade Promises Neighbourly Relations With Rivals

ITV1 has suffered one of its worst ratings drop in the past five years with audiences for the first two months of 2005 down by 10% year on year.Audience figures show 23% fewer 16-35 year olds watched ITV1 in January and February in 2005, compared to the same period in 2004.This drop is attributed by… Continue reading ITV Has A Tough Two Months As Ratings Slip

Ulster Television has reported soaring profits for 2004 in its annual report and accounts, with group turnover up by 18% year on year to £63.5 million, while pre-tax profit rose by a staggering 46% to £13.9 million in the same period.The company’s television division also saw successes, with its operating profit rising by 29% year… Continue reading Ulster TV Sees 2004 Profits Soar

An advert for BBC Broadcast Limited has been placed in the global Financial Times and UK trade magazine Broadcast, signaling the beginning of the sales process for the BBCs commercial subsidiary.BBC Broadcast is one of Europe’s leading multimedia producer and distributors, providing a comprehensive range of services for content across all media, from television to… Continue reading BBC Broadcast Gets Go Ahead For Sale

Former BBC director general Greg Dyke has branded Culture Secretary Tessa Jowell’s proposals for the future government of the BBC as “a complete mess”, stating that they have the potential to be “totally confusing” and will not deliver the structural separation between delivery and oversight which is required.Writing in the Independent‘s Media Weekly today, Dyke… Continue reading Dyke Brands BBC Governance Plans ‘A Complete Mess’

Channel 4 has signed an agreement with UBC Media to acquire the majority stake in Oneword, the company’s speech-based digital radio station, making further progress towards the creation of a Channel 4-led radio operation to compete directly with BBC Radio 4.The deal gives Channel 4 control over the station, broadcasting nationally via the Digital One… Continue reading Channel 4 Radio Moves Closer With Oneword Acquisition

The IPA Trends In Television Viewing report for Quarter 4 2004 shows digital viewing at an all time high, while the nation’s television viewing slipped slightly as a whole towards the end of last year.According to the IPA, Quarter 4 saw average daily viewing hours across all TV at 3.89. While this is up by… Continue reading Digital Tops 50% As Analogue Audiences Slip

UK cinema admissions stood at a steady 13.4 million in January, representing an average of 3 million admissions a week, according to the Cinema Advertising Association.But while the total is down 12.4% year on year, the CAA explains the dip with the extraordinary success of Lord of the Rings: The Return of the King, which… Continue reading Cinema Audiences Steady Throughout January

The Financial Times will switch its format to a tabloid edition for one day only later this month, producing a compact-only budget special.The one-off title will hit newsstands on March 16th, just hours after Chancellor of the Exchequer Gordon Brown delivers his pre-election budget to the House of Commons.According to The Guardian the reduced-format title… Continue reading FT To Drop Broadsheet For Budget One-Off