It was a lacklustre day for media stock yesterday with the majority seeing shares fall. Granada fell 7˝p to close at 83žp as investors reacted to news that the departure of chief executive, Steve Morrison, could come as early as this week (see Morrison Could Leave Granada Within A Matter Of Weeks).Tuesday’s announcement that RTL… Continue reading Sharewatch
Conditions in the UK advertising market continue to be difficult, according to a first half financial results statement from publishing group Highbury House Communications. The group says that compared with the current trading conditions, those of H1 2001 were reasonably favourable, with the major downturn not occuring until the second half of last year.Business publishing… Continue reading Highbury Sees No Improvement In Difficult Ad Conditions
UBC Media has secured the contract to provide digital radio software to SMG’s Virgin Radio Group.The software will allow Virgin to send text messages and SMS ads to screens on DAB digital radio receivers. It will also link to SMG’s internal systems enabling song and artist information, news headlines and any other dynamic content to… Continue reading UBC To Provide Digital Radio Software To Virgin
Classic FM has signed a sponsorship deal with Bank of Scotland Corporate Banking worth £250,000.The deal, which was negotiated through GWR’s sales house Opus, will see the bank become the official sponsor of the station’s weeknight news programme, Classic Newsnight, for the next six-months.Classic Newsnight, which is the station’s only speech-based programme, runs between 6.30pm… Continue reading Opus Secures £250,000 Sponsorship Of Classic FM
Lorraine Heggessey, controller of BBC1, has hit back at critics who claim the channel is straying from its public service remit in its pursuit of ratings.Addressing a crowd of senior TV executives at this year’s Guardian Edinburgh International TV Festival, Heggessey passionately rejected recent claims made by chief executive of the Broadcasting Standards Commission, Paul… Continue reading GEITF 2002: Heggessey Defends Resurgent BBC1
As rumoured in the press yesterday (see Morrison Could Leave Granada Within A Matter Of Weeks), Granada’s chief executive Steve Morrison is to leave the company at the end of September, it was confirmed this morning. Current chairman, Charles Allen, is to take Morrison’s role heading up the company, also as expected.Morrison’s departure is thought… Continue reading Morrison Ends 28 Year Tenure At Granada
ISBA has renewed calls for the Government to amend the draft Communications Bill to allow the self-regulation of broadcast advertising.The body that speaks on behalf of British advertisers is lobbying Government decision makers to convince them that advertisers, agencies and broadcasters are committed to developing a workable system of self-regulation for broadcast media.According to ISBA,… Continue reading ISBA Renews Calls For Self-Regulation Of Broadcast Media
IPC Media has announced details of its first major content deal with its online stablemate AOL UK.The deal will see the company’s TV listings arm, IPC tx, provide content and design for AOL’s relaunched TV guide. The guide will provide extensive digital and analogue listings and will allow AOL’s members to customise their TV listings… Continue reading IPC Announces First Major Content Deal With AOL UK
BBC Worldwide’s Eve magazine will relaunch next week in an attempt to strengthen its position in the women’s lifestyle market.The monthly magazine, which saw a 9.3% year on year decline in circulation in the latest set of ABC results (see ABC Jan-Jun 2002 – Women’s Monthly Titles), has conducted extensive research into its target audience… Continue reading BBC Wordwide’s Eve Relaunches With Updated Look
Future Publishing and 15 other games magazine publishers have come together to form the Future Games consortium to offer advertisers one-stop marketing solutions.The international consortium consists of a network of publishers, which produce over 60 games magazines in 14 countries in Europe and the United States. It has been formed to allow gamers publishers and… Continue reading Future Consortium To Offer One-Stop Ad Solutions
