Independent News & Media saw its share price falter yesterday, losing 0.17% to close at 150p ahead of news that its is considering a 30% sell-off to raise funds for a major marketing push for the flagship broadsheet title, the Independent. The move is believed to be the brainchild of INM chief executive, Ivan Fallon,… Continue reading Sharewatch: Independent Down Ahead Of Marketing Plans
The National Magazine Company has today unveiled its latest foray into the women’s weekly celebrity market with the launch of Reveal, a new celebrity focused title designed to compete with Emap’s fledgling Closer.The magazine, which is backed by a £16 million marketing spend and has been in development for under a year, is hailed by… Continue reading First Issue Review: Reveal
The BBC claims that it would lose over £500 million in revenue if it were transformed into a subscription only service, resulting in the loss of quality programmes and an inability to meet its social and political obligations.The Measuring the Value of the BBC survey claims that ten million households would lose access to the… Continue reading A Subscription Only BBC Would Lose £500 Million
More young people in the UK claim to read a national newspaper during the average week than visit the pub, according to the latest research from the Newspaper Marketing Agency.The first detailed study of youth reading habits shows that a whopping 77% of hard-to-reach 16 to 24 year-olds read a national title on a weekly… Continue reading Young People Prefer Newspapers To Pubs
The Daily Telegraph will launch a luxury travel title next month, catering for the premium leisure market with advice from experienced travellers and journalists on the finest holiday hotspots money can buy.The 68-page Ultratravel title will be printed in full colour and in large format, billing itself as a “Guide to heaven on Earth”. The… Continue reading Telegraph Launches New Upmarket Travel Title
Competition in the burgeoning children’s magazine market will hot up this month following the launch of a new monthly pre-school title from Egmont Magazines called My Disney Favourites.Designed for parents and children aged between two and five to read together, each edition of the new title will be dedicated to a different Disney character each… Continue reading Egmont Rolls-Out New Pre-School Magazine
Greg Dyke has joined Apax partners, the private equity group that specialises in media deals, in a move that has revived speculation linking the former BBC director general with ITV.Dyke, who quit the BBC in the wake of the damning Hutton report, has joined Apax’s media team as an advisor. It is understood that he… Continue reading Dyke Joins Apax Amid Rumours Of Potential ITV Bid
Virgin Radio chief executive, John Pearson, has announced his intention to step down next year in an attempt to re-address his work-life balance after more than a decade at the radio station.Pearson, who has spent the last four and a half years at the helm of Scottish Media Group’s radio division, will stay on in… Continue reading Virgin Radio Chief Executive Steps Down
The board of ITV has today confirmed that it has completed the 25% acquisition of Scottish Media Group’s stake in breakfast television franchise, GMTV.Further to the earlier announcement on 10 May 2004, ITV has increased its stake in the highest rated UK breakfast time programme to 75%, with The Walt Disney Company owning the remaining… Continue reading ITV Completes Acquisition Of GMTV
Cheaper airfares and reduced costs in sea travel helped to push the UK inflation rate down during September, according to official figures released by the Office of National Statistics today.The new figures show a decline of 0.2% in the Consmer Prices Index, pushing the total down to 1.1% in September, bringing it still further below… Continue reading UK Inflation Rate Continues To Fall
