Profits at United Business Media made a surprise jump of 12% in the first half of the year as a result of a stabilisation in revenue trends and improvements in some markets in the US.The group said that revenues in the US have been broadly stable in the last four quarters and this coupled with… Continue reading UBM Profits Rise 12% In H1, Ahead Of Expectations
Telewest shareholders can expect to receive only 1.5% of the firm’s equity once restructuring is completed, the cable company has announced.Following in-depth negotiations, it has been agreed that bondholders will get 98.5% of Telewest shares. A deal by which they would have received 97% of the equity was previously rejected as insufficient.“Telewest confirms that it… Continue reading Telewest To Reduce Shareholder Stake
Capital Radio has restructured its senior management team and has put veteran programming executive, Keith Pringle, in charge of its flagship London station in a bid to increase listening.The restructure will see Pringle move from his current role as group programme director to the newly created position of managing director of 95.8 Capital FM. The… Continue reading Capital Shakes Up Management To Win Back Listeners
The June 2003 ABC Electronic audit results have brought good news for www.hellomagazine.com, with a 21% increase in page impressions as the public obsession with celebrities shows no sign of abating.The site, which is the online extension of the flagship glossy Hello! magazine, recorded 10,115,370 page impressions and 1,553,906 visits for June 2003.The March figures… Continue reading ABC Electronic Reveals Record Traffic Levels For Hello!
Pearson was seen in the spotlight after Morgan Stanley predicted a weak set of results for the group. Shares fell 3.8% week on week after the broker forecast that advertising revenues at the Financial Times are not expected to show any recovery until 2005 (see Weak Advertising Expected At FT In Pearson Results).ITV partners, Carlton… Continue reading Sharewatch: Pearson Falls On Weak Guidance
European digital television set-top box (STB) manufacturers need to move away from production of the stand-alone STB and start manufacturing personal video recorders (PVRs) and integrated digital TV sets if they are to maximise revenues in the developing markets. This is according to research and consulting company Strategy Analytics.Also On MediaTel Insight Today…US Newspaper Advertising… Continue reading MediaTel Insight: Digital TV Equipment To See Growth Recovery
Hachette Filipacchi’s young women’s title B is to feature a special edition of OK magazine in a unique promotion designed to raise the profile of both titles.The September edition of B magazine will include an 84-page edition of Northern and Shell’s veteran celebrity title OK, in an attempt to cash in on the current obsession… Continue reading Hachette Teams With OK Magazine For Special Promotion
ITV partners Carlton and Granada are considering plans to create a division to combine their regional, national and international news operations as part of their proposed £2.6 billion merger.The news operation would sit alongside separate departments for production and broadcasting due to be outlined later this year in an official merger document on the structure… Continue reading Carlton And Granada Plan To Integrate News Operations
First half revenues fell by 3% at Pearson, partly as a result of continuing weak advertising conditions at its Financial Times newspaper, the group said today.Reporting a decline in pre-tax profits from £26 million in H1 2002 to a loss of £1 million this time, Pearson said that there were ongoing tough trading conditions in… Continue reading Pearson Revenues Drop As Ad Bite Continues At FT
The Interactive Advertising Bureau (IAB) and the Institute of Practitioners In Advertising (IPA) have joined forces to tackle the problems of online audience measurement.The initiative, described by the IAB as a “long-term mission” aims to create a new, reliable and universal system of online audience measurement. The plan comes in response to advertisers’ concerns over… Continue reading IAB And IPA To Tackle Online Measurement Issues
