Radio companies suffered yesterday following reports that a parliamentary committee is set to advise the Government to prohibit non-European investors from buying UK media assets (see Government To Face Opposition Over Media Ownership). Chrysalis saw shares fall 4.23% to close at £1.81, GWR was down 2.46% to finish at £1.98 and Capital slipped 0.87% to… Continue reading Sharewatch
Channel 5 could be sold off as part of a restructuring programme at the German media group, Bertelsmann, according to a report in today’s Financial Times.Gunter Thielen, the new chairman and chief executive, is expected to conduct a thorough review of the conglomerate’s worldwide operations with a view to selling off unprofitable divisions.Bertelsmann has a… Continue reading Bertelsmann May Sell Channel 5 Stake
Despite the challenge of the World Cup, UK cinema managed its highest June admissions total for 30 years last month. A total of 12.2 million visits were made to see films including Spiderman and Star Wars: Episode 2, representing a year on year increase for the period of 30%.Despite launching on a weekend when both… Continue reading June Cinema Admissions Highest For 30 Years
Commercial radio saw revenue increase by 2.1% year on year during the first quarter of 2002 to £139m, according to the latest figures from the RAB.This is the second consecutive quarter that commercial radio has seen revenue increase, suggesting that the sector is expanding its share of the display advertising market. Managing director of the… Continue reading Growth In Sponsorship Lifts Commercial Radio Revenue
Digital set-top boxes would essentially have to remain free if the Government’s target of a 95% digital television (DTV) take-up is to be achieved, according to a new report to be released this week from Continental Research.The July 2002 Digital TV Report argues that manufacturers should face pressure to give away their set-top box (STB)… Continue reading Digital TV Equipment Must Be Free To Meet Government Targets
It was a poor week for media companies with the instability of the US markets filtering through to the FTSE. Week on week analysis shows that BSkyB, which is due to release its year-end results this week, was among the worst media performers, with shares falling 8.3% week on week to close at £5.43˝p.Carlton and… Continue reading Sharewatch
The Government is set to ignore calls from a parliamentary committee to reverse its decision to allow the foreign ownership of UK media interests, according to reports in today’s press.The proposals, which were outlined in the Government’s draft Communications Bill in May (see Draft Communications Bill Relaxes Cross Media Rules), would allow US media companies… Continue reading Government To Face Opposition Over Media Ownership
People spend more time using the internet than reading newspapers or magazines in the average week, according to research carried out by internet service provider Freeserve.The study, which aims to help media planners get the most out of their online advertising campaigns, shows that the internet, with a 12% share, is the third most consumed… Continue reading Internet Tops Newspapers In Terms Of Media Consumption
Carlton Screen Advertising’s share of the advertising market is set to increase to over 63% of UK cinema admissions, having won the contract for National Amusement’s Showcase Cinema screens.Showcase Cinemas has 243 screens in 19 locations in the UK, representing 8.5% of all UK cinema admissions. These will swell the number of screens in the… Continue reading Carlton Screen Advertising To Increase Share Of Market
The UK’s largest internet service provider, Freeserve, could be renamed Wanadoo by its French owners as part of a multimillion pound rebranding campaign.Freeserve, which was acquired by Wanadoo just over two years ago (see Speculation suggests that rebranding could take place as early as next year. In a statement issued today Freeserve, said: “The time… Continue reading Freeserve Could Rebrand As Wanadoo
