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Channel 4 has secured sportswear giant Umbro as the exclusive broadcast sponsor of The Urban Music Festival to be broadcast on 16th May.The event, filmed on May 8th/9th at Earl’s Court in London, featured some of the biggest names in urban music such as Beyonce, Jay Z and The Streets. Channel 4 and E4 will… Continue reading Umbro Foots The Bill For Channel 4 Music Sponsorship

News yesterday that the Independent is to be a tabloid-only newspaper from Monday prompted a 0.20% rise for the company, pushing its share price to 123˝p. The move to a full tabloid edition has been welcomed across the industry with several high-profile figures commending the newspaper’s decision (see Independent Ditches Broadsheet To Go Totally Tabloid).Publishing… Continue reading Sharewatch: INM Shares Rise As Tabloid Takes Off

BSkyB saw its share price tumble by 4.97% yesterday as it was put under pressure by investors to be more specific about future strategies. The satellite broadcaster announced lower than expected subscriber figures yesterday, but was upbeat with the announcement of an increase in operating profit of 67% for the nine month period to the… Continue reading Sharewatch: BSkyB Hit Hard By Slowing Subscriber Figures

Channel 4 chairman Luke Johnson has predicted a significant increase in competition for UK television broadcasters during a meeting with equity research company Lehman Brothers.Johnson said that he expects Freeview to become more attractive as more people find out about it. He also gave a pat on the back to the BBC, the brains behind… Continue reading UK Television Market To Become More Competitive

Emap Advertising has secured the Yates bar chain to create a special ‘Girl of the Week’ promotional campaign in the recently launched men’s lifestyle magazine Zoo Weekly.The bespoke campaign will see members of the Zoo team visit a number of Yates’s bars across the country in search of ‘undiscovered local talent’ that reflects the bar… Continue reading Emap Secures Yates For Sexy Zoo Weekly Campaign

Pan-European broadcasting giant RTL has hired investment bank JP Morgan as it considers the possibility of increasing its majority shareholding in the UK’s smallest terrestrial broadcaster, Five.It is understood that RTL will ask the bank to consider all the options for its stake in Five, including off-loading its shareholding if there is deemed to be… Continue reading RTL Hires JP Morgan To Help Boost Stake In Five

Telewest today announced that 51,000 internet and 12,000 household subscribers were added during quarter one, helping to reduce the group net loss to £36 million from £187 million on the same period last year.Acting Chief Executive, Barry Elson, said: “Today’s results reflect a good first quarter. Broadband growth, successful marketing and the value of our… Continue reading Telewest Debts Reduce As Subscriber Figures Grow

Satellite broadcaster BSkyB has reported, along with its third quarter results, that subscriber growth didn’t meet expectations, as it slowed to 66,000 net new subscribers over the period.This is below the average of 100,000 a quarter needed if Sky is to meet its target of eight million direct to home (DTH) subscribers by the end… Continue reading Sky Subscriber Rates Drop But Sky Plus Doing Well

Ofcom has unveiled its plans to launch up to thirty new FM radio licences throughout the UK with a gradual process of phasing in and a structured timetable for applications for broadcasting rights.The process will see Ofcom advertise the licences for one non-metropolitan area each month and a licence for a metropolitan or regional area… Continue reading Ofcom Finally Lifts Lid On New Local Radio Licences

The Independent has announced that it will go completely tabloid from next Monday, in a move that will finally consign the broadsheet edition of the paper to the scrap-heap.The paper revealed that the number of people buying the traditional broadsheet edition was now so small that it no longer made business sense to continue to… Continue reading Independent Ditches Broadsheet To Go Totally Tabloid