ITV airtime revenue could be down by as much as 10% year on year in February and March, according to estimates from Merrill Lynch analysts. The dip is partly due to advertisers’ reluctance to spend whilst there are large uncertainties over the short-term future of consumer spend. However, the ‘great irony’, as Merrill points out,… Continue reading ITV Revenues Drop As Audiences Improve
Majority Of Marketers See Budget Increases And Action In 2003Almost half of marketers expect to increase their budgets this year, with just 19% predicting a reduction, according to a new survey from the Patrick Marketing Group.Low Income US Homes Watch Most TV, Finds Yankee GroupLower income households in the US watch more television than higher… Continue reading On MediaTel Insight Today…
The media sector experienced a turbulent day of trading on Thursday as the market continued its downward slide after negative guidance from key brokers and weakness in the pharmaceutical and banking sectors.The continued threat of US-led military action against Iraq also weighed on the market and investors will today consider news that UN weapons inspectors… Continue reading Sharewatch
MTV is celebrating the 5th anniversary of hip-hop show The Lick by teaming up with National Magazine’s Company magazine and HMV for a series of special promotions.The partnerships, which will run until this May, are designed to create awareness of The Lick and extend the reach of urban music to a wider audience.As part of… Continue reading MTV Teams Up With Company And HMV To Celebrate
The editorial shake-up at News International has continued today with the news that Neil Wallis, editor of The People, is to become deputy editor of the News Of The World.The move follows the promotion of Andy Coulson to editor of the paper earlier this week, which left a question mark as to who would fill… Continue reading Neil Wallis To Be Deputy Editor Of News Of The World
The BBC has signed a deal to broadcast a host of high profile movies including the popular Bend It Like Beckham, a move which is likely to further infuriate commercial broadcasters who have criticised the BBC for its populist approach.Bend It Like Beckham was one of the most successful British films at the box office… Continue reading BBC To Bend It Like Beckham
The board of AOL Time Warner has elected Dick Parsons to both the post of chairman and chief executive, following the departure of Steve Case (see AOL Chairman Quits Following Shareholder Unrest).Analysts have suggested the decision reflects a shift in the balance of power within the company, as Case who headed up the America Online… Continue reading AOL Time Warner Puts Faith In Old Media
Peter Shea is relinquishing his role as director of sales at Sky Media to make way for his deputy, Mark Chippendale.Shea is to remain at the broadcaster in a consultancy role and it is believed he will be managing Sky’s relationships with industry associations.Chippendale will report directly to Airey and is the second appointment since… Continue reading Airey Continues Shake-Up At Sky
The Radio Authority has upheld complaints against Emap’s Manchester-based Key 103 station after it invited listeners to participate in a sweepstake to predict the time of death of notorious Moors murderer Myra Hindley.The Authority received three complaints over the competition, which was felt to be in bad taste and immoral. The complainants said they had… Continue reading Radio Authority Raps Emap Over Death Sweepstake
2002 was a bumper year for cinema with box office revenue growing by 10% year on year, according to the latest figures from trade publication, Screen Finance.Research shows that box office takings topped £800 million last year, with 350 film releases, compared to a box office total of £727 million from 321 releases in 2001.Tim… Continue reading UK Box Office Earnings Climbed 10% In 2002
