UK inflation has risen higher than expected, according to the latest figures from the Office Of National Statistics (ONS), which show that the underlying rate of inflation increased by 0.5% last month to 2%.According to the ONS, the rise, which casts doubt over the need for another interest rate cut, could be due to price… Continue reading UK Inflation Shows Unexpected Rise
Week on week analysis shows that the best performance in last week’s media market came from BSkyB, which recently announced that it gained 214,000 subscribers in Q4 last year, taking its total to 6.1 million (see Financial Results Released By Trinity And BSkyB). Shares rose 11.23% to close at £5.89˝, an increase of 59˝p on… Continue reading Sharewatch
GMG Radio is to apply for the new FM licences in the West Midlands and Glasgow using the recently acquired Jazz FM format (see Jazz FM Agrees To £44.5m Takeover By GMG).The new licences, due to be advertised early next year, will be among the last licences to be awarded by the radio Authority before… Continue reading GMG Bids For New Licences For Jazz FM
GWR’s sales house, Opus, is expanding is sales team with the appointment of former Emap and Teletext sales executive, Caroline Holmes.Holmes, who took up the new agency executive position earlier this month, is responsible for selling radio ad spots across The Mix network. Reporting to Opus agency group head, Paul Carolan, she handles a range… Continue reading Opus Adds New Agency Executive To The Mix
Mercedes-Benz is running a promotional campaign across the FT newspaper and FT.com platforms.The campaign follows the “Lucky Star” theme developed in recent television commercials. It centers around an online card game which offers the chance to live like the luckiest man in the world for one week.Claire Payne, UK advertisement director of the FT, commented:… Continue reading FT Lands Multi-Media Promotion With Mercedes-Benz
Interactive Digital Sales (ids) is restructuring its business to focus more of its sell towards media planners and advertisers.The former sales department of Flextech Television has merged its specialist agency sales (see Flextech Television Sales Gains Independence), business development, client sales and sponsorship teams into two core divisions: agency sales and commercial development.Agency sales, headed… Continue reading IDS To Shift Focus With Major Business Restructure
ITV has been found guilty of breaching the 1996 Broadcasting Act after switching a football match to ITV2 at half time.The second half of the South Africa vs. Paraguay match was shown on ITV2 to make way for coverage of the England vs. Sweden game on ITV1.According to the ITC, there were 30 complaints, some… Continue reading ITV Breaches Broadcasting Act With World Cup Coverage
The Newspaper Society has again criticised the Government’s recently published draft Communications Bill, claiming that its proposals on newspaper mergers will increase the regulatory burden on the regional and local press.In its final submission on the Bill, the Society warns the Government against the dangers of creating a highly complex regime that would extend the… Continue reading Newspaper Society Levels Further Criticism At Draft Bill
Reed saw shares rise 3.86% yesterday to close at £5.38 after it announced that it expects to reach full-year targets of above market revenue growth, despite a dip in profits for the first half of 2002 (see Reed Profits Down 3%, But Outlook Remains Promising).BSkyB, which announced earlier in the week that it gained 214,000… Continue reading Sharewatch
The Periodical Publishers Association (PPA) has asked the Government to categorically support continued independent self-regulation of the internet, amending the Communications Bill accordingly (see Jowell Announces Communications Consultation).The group has proposed that publishers should be differentiated from other broadcasting sectors and continue to operate under the current self regulatory regimes.Safo Kaordestani, of the PPA told… Continue reading PPA Asks Government To Amend Communications Bill
