Trinity Mirror has issued a trading update ahead of the full year results it will release on 15 March. The update, which refers to the 26 weeks to 31 December 2000, reports revenues in line with expectations, which is to say the stronger performance was in the first half of the year, rather than the… Continue reading Trinity Mirror Releases Pre-Results Trading Statement
ARCHIVE ▸ The Media Leader Staff
Carlton Communications and Sainsbury’s have launched their joint venture food and drinks portal. The site, www.taste.co.uk, draws together content from Sainsbury’s tasteforlife.co.uk and Carlton’s simplyfood.co.uk. The two companies announced plans to create the UK’s first TV and internet food and drinks channel in November last year. Carlton’s digital channel, Carlton Food, is to be relaunched… Continue reading Carlton Unveils Taste Network
ITN is to continue to supply news to Channel 4 until the end of 2003. The broadcaster has exercised its option to extend its current contract, which began in 1999, for a further two and a half year period. ITN chief executive, Stewart Purvis, said: “ITN has produced Channel 4 News since the channel’s launch… Continue reading Channel 4 Extends News Contract With ITN
Associated’s Metro newspaper was one of the success stories of 2000, leaping from a regional free available to London commuters to the rank of sixth-largest national daily. The morning title may have dented the profits of its parent company but its roll-out continues. Today commuters in Yorkshire will join those in London, the Midlands, Scotland,… Continue reading Insight Feature: Metro Taps Into Lucrative Youth Audience
The four websites owned by Express Newspapers are to close following an unsuccessful attempt to find a buyer for them. Express.co.uk, Allaboutparents.com, sportlive.co.uk and companyleader.com are expected to be put into liquidation today. The websites were transferred to stockbroker Seymour Pierce for a nominal sum last month as part of a series of cost-cutting moves… Continue reading Express Websites To Close
The Radio Authority has published its new Advertising and Sponsorship Code to bring it up-to-date with current or imminent legislation. In the first major review in ten years, the changes reflect the increased importance of radio advertising. Presenters will for the first time be allowed to voice live sponsorship messages within their programmes as long… Continue reading Radio Authority Announces Modernisation Of Advertising Rules
The BBC will in future be required to present its proposed new media services to the Government, following the publication of a list of criteria by culture secretary Chris Smith. Approval for the Corporation’s digital services will be granted provided it fulfils a number of requests. Funding of new services through licence fees must be… Continue reading Government Lays Out Criteria For BBC’s Digital Services
WPP has announced the acquisition of Imaginet, an US-based e-services consultancy. This is the second deal the group has made since the New Year, following the purchase of Deen + Black on Wednesday, and continues its strategy of developing new media interests both internally and through new ventures. Imaginet develops advanced e-business solutions and took… Continue reading WPP Acquires Imaginet
Exploding mobile Internet usage and subscriptions won’t make up for a 36% decline in traditional mobile operator revenues, leading average revenue per user (ARPU) to fall 15% in Europe by 2005, according to a new report by Forrester Research. The report asserts that mobile carriers’ operating profits will disappear in 2007 and take six years… Continue reading Europe’s Mobile Internet Won’t Pay For UMTS, Says Forrester
The big names of commercial broadcasting are clubbing together to try and thwart the BBC’s plans to launch digital rivals to their channels. BSkyB, Telewest and Turner Broadcasting are said to be included in a consortium of seven which is accusing the Culture, Media and Sport Secretary Chris Smith of allowing the BBC to abuse… Continue reading Commercial Broadcasters Demand Tighter Reins On BBC Digital Plans