SMG continued to see a substantial rise in its share price yesterday, as the company added 3.37% to its total following rumours that ITV is preparing to purchase the company’s television assets.A declaration that ITV’s stake in SMG was a ‘core holding’ is thought to have spurred the flurry of interest amongst city traders on… Continue reading Sharewatch: SMG Still Rising On ITV Speculation
Speculation surrounded SMG yesterday, as murmurs amongst city traders suggested that ITV has approached the company and is considering a purchase of its television assets.The rumours served to drive SMG’s share price up significantly, rising by 5.05% to close at 104p. The speculation was sparked by a comment made last week by the UK’s largest… Continue reading Sharewatch: SMG Soars Following ITV Purchase Speculation
class=”article”>Ongoing technological developments are blurring the boundaries between different types of media with television, radio and the internet continually coming closer together. However, convergence also means more choice for consumers who are being faced with an ever increasing range of media opportunities, Mike Sainsbury, the man behind the forthcoming 2004 European Television and Radio Symposiums,… Continue reading NewsLine Column: Convergence Or Divergence?
Advertisers continued to return to television, national newspapers and outdoor in the second quarter of this year as the economic recovery gathered steam.The latest figures from the Advertising Association show that total UK adspend rose by a solid 5.7% year on year to just under £3.7 billion, as confidence slowly returned to the industry and… Continue reading UK Adspend Shows Solid Growth In Second Quarter
BSkyB has agreed to hand control of its beleagured music channels, Flaunt, Scuzz and The Amp, to rival Chart Show Channels following a wide-ranging review of their performance.The deal will see CSC take charge of the day-to-day running of Flaunt, The Amp and Scuzz, but BSkyB will retain control of advertising sales for the channels… Continue reading Sky Hands Over Music Channels But Keeps Advertising Sales
The Times has announced the launch of a new appointments supplement, published in compact form to target junior to middle managers in the commercial sector following the success of its Public Agenda insert.The new supplement, entitled Career, will be published on a weekly basis from 16 September, offering readers in-depth editorial content about jobs and… Continue reading The Times Builds Job Pages With Career Supplement
Consumer magazine publisher, Future Network, has today warned profits have been held back as a result of a weak Dollar, despite pre-tax profits growing by 7% during the first six months of this year.From January to June 2004, pre-tax profit rose to £7.2 million, up from £6.7 million year-on-year, while operating profit rose 9% to… Continue reading Future Network Profits Rise Despite Weakened Dollar
The Government’s media regulator, Ofcom, has outlined the steps that have to be taken to ensure the UK’s terrestrial broadcasters are ready for a fully digital future, which could become a reality as early as 2007.The consultation document adds weight to previous reports which predicted that analogue switch-off will become a reality for commercial television… Continue reading Ofcom Announces Plans For Early Digital Switch-Over
Cheaper clothes prices helped push the UK rate of inflation lower during August, according to official figures released today by the Office of National Statistics.The data shows that the Consumer Prices Index dipped to 1.3% last month, down from 1.4% in July, bringing it further below the Bank of England’s current target of 2%.The underlying… Continue reading UK Inflation Inches Lower During August
The Independent is hoping to woo media planners and buyers with a viral marketing campaign and video game designed to raise the profile of its recently launched compact edition and attract more advertising revenue.The ‘Compact Catch’ game has been e-mailed to over 600 key industry figures and the newspaper hopes it will spread further from… Continue reading Independent Targets Planners And Buyers With Viral Push
