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Several of the BBC’s online operations will face the axe next year as the Corporation seeks to reduce costs and appease commercial competitors in the run up to charter renewal.The Corporation claims it will save around £6 million through the cuts, which will be made by the end of the financial year 2005/06. The resulting… Continue reading BBC Plans To Save £6 Million Through Website Closures

ITV has joined forces with interactive television specialists, pushbutton TV to step up the amount of interactive advertising offered on their channels.The recent success of interactive ads on The X Factor, Hells Kitchen and I’m A Celebrity…Get Me Out Of Here! has helped advertisers to see the power that interactive broadcasting can offer.ITV started to… Continue reading ITV To Boost Interactive Advertising Quota

UBC Media has secured the contract to provide 23 Capital Radio stations with traffic and travel information based on data from its provider, Trafficlink, building the company’s profile and adding significantly to its travel client portfolio.The move will see UBC handle traffic updates on a range of Capital-owned stations, including Capital FM, XFM, BRMB and… Continue reading UBC Bags Capital Traffic And Travel Contract

Sky has secured a major advertising deal with film distributor Buena Vista International which will see the company take out a full commercial break on the broadcaster’s dedicated pub sports channel, creating an innovative big-screen promotion for its forthcoming release, National Treasure.The initiative takes advantage of the screens installed in tens of thousands of pubs… Continue reading Sky Secures Buena Vista For Pub Advert Takeover

Media watchdog Ofcom has begun investigations into the BBC’s dealings with the Football Association to acquire the exclusive broadcast rights to FA Cup matches following a complaint by Kelvin MacKenzie’s Wireless Group earlier this year that the Corporation has used its guaranteed funding to grossly outbid competitors.TWG claimed that the corporation was abusing its position… Continue reading Ofcom Investigating BBC Over Anti-Competitive Rights Bids

The Financial Times has announced the closure of its Creative Business media section just a month after denying reports that the supplement was to fold, the section will now be wound down with media news instead being incorporated into the main newspaper on a monthly basis.The closure is due to a failure by the 16-page… Continue reading FT Pulls The Plug On Creative Business

David Levin, chief executive of Symbian has been named as the new chief executive officer of publishing and media group United Business Media PLC. He will succeed Lord Clive Hollick in April of next year after Lords Hollick’s decision to step down from the group after 30 years.On assuming the position Mr Levin is expected… Continue reading United Business Media Announces New Chief Executive

Local newspaper and internet publisher Johnson Press saw a jump in share price, gaining 1.51% to close at 538p yesterday. This comes after a positive pre close trading statement was released by the company earlier this week saying that profits for the year to 31 December 2004 would be above current market expectations.Radio owners The… Continue reading Sharewatch: Johnson Press Ahead After Trading Statement

Newspaper giant Trinity Mirror continued its upward trend yesterday, seeing a 4.8% rise in share price, to close at 666˝p on Wednesday. Despite a positive trading statement last week Trinity share prices have been in decline recently, however, private equity group CVC Capital Partners is said to be analysing the company to see how much… Continue reading Sharewatch: Trinity Mirror Continues Upward Trend

IPC Media had cause for celebration with the release of the latest National Readership Survey results, as its weekly men’s offering Nuts came out ahead of rival Emap’s Zoo Weekly.Nuts has clocked up an adult readership of 1,174,000 in the six months to September, compared with a total of 910,000 for Zoo. The statistic builds… Continue reading Nuts Ahead Of Zoo In Readership Survey