UK media Stocks experienced a turbulent day of trading as military and political uncertainty continued to weigh on Wall Street.Despite reports that Iraq will allow arms inspectors to return, many analysts are viewing this sceptically, Wall Street has experienced heavy profit taking as economists warned war would inevitably lead to a double-dip recession.Elsewhere, Independent News… Continue reading Sharewatch
Northcliffe Newspapers, a subsidiary of Daily Mail and General Trust plc, has been fined £1.32 million by the Office of Fair Trading (OFT) for predatory pricing among its Aberdeen Journals titles.John Vickers, director general of OFT, commented: “Aberdeen Journal’s, deliberately incurred losses in a persistent campaign to remove its only direct rival from the market.… Continue reading Northcliffe Newspapers Fined Over Predatory Pricing
Speaking at the recent Royal Television Society conference in London, Secretary of State for Trade and Industry, Patricia Hewitt, responds to Lord Puttnam’s Joint Scrutiny Committee by outlining the Government’s aims for the pending Communications Bill.The aim of the [Communications] Bill is to make Britain the most dynamic and competitive, innovative and exciting broadcasting market… Continue reading Hewitt Outlines Aims For The Communications Bill
Culture Secretary Tessa Jowell today announced her decision to approve BBC3 with a series of stringent conditions.Announcing the decision after a series of delays and disagreements (see Government Says No To BBC3 Government Says No To BBC3Government Says No To BBC3The stringent guidelines come after Greg Dyke’s BBC has been criticised for concentrating too much… Continue reading Government Finally Gives BBC3 The Go Ahead
Radio stations have more listeners than they are credited for under the current radio audience measurement system, according to the results of research released by Kelvin MacKenzie’s Wireless Group.MacKenzie, who has been an outspoken critic of RAJAR’s diary system of audience measurement (see Commenting on the results of the research, he said: “For the first… Continue reading TWG Research Claims Radio Listening Is Under-Represented
ISBA is supporting ITV and Channel 4 in their bid to prevent the BBC cutting the number of commercial channels they will be able to show on the corporation’s new digital terrestrial platform, due to launch this autumn (see ITV Digital Will Be Sold As ‘Going Concern’).The BBC has told the ITC that only four… Continue reading ISBA Backs Commercial Broadcasters In Freeview Struggle
BARB has appointed Nigel Walmsley, former deputy chief executive of Carlton, as its new chairman. Walmsley, who takes up the role with immediate effect, replaces Nick Phillips, who oversaw the introduction of the new audience measurement system earlier this year (see BARB Presents New Research System).Commenting on his appointment, Walmsley said: “I am looking forward… Continue reading BARB Appoints Walmsley As New Chairman
AOL Time Warner has appointed Michael J. Kelly as its new president of global marketing solutions, with responsibility for developing and implementing cross-platform marketing solutions across its portfolio of products.Kelly will report to Dan Logan, chairman of AOL Time Warner’s media and communications group, who commented: “His experience and skills are ideally suited to lead… Continue reading AOL Appoints New President Of Global Marketing Solutions
Forecourt TV, the company that introduced looped television ads to service station forecourts, has suspended trading with immediate effect.The announcement follows a strategic review of the company’s operations and an assessment of the funding options required for the full scale roll-out of the ad-screen technology currently being trialled at the M4 Heston services.According to a… Continue reading Forecourt TV Suspends Trading Following Strategic Review
The Evening Standard‘s Hot Tickets supplement will re-launch this Thursday as Metro Life with the support of a month-long television ad campaign.The concept is an extension of the Metro Life section of Associated Newspaper’s free morning title, The Metro, which has been popular with advertisers. The new supplement will include advertising from Coca-cola, Baileys, Uniqlo,… Continue reading Evening Standard Re-Launches Hot Tickets
