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Channel 4 posts £20.6m loss

LONDON - As expected, Channel 4 has posted a full-year loss after tax of £20.6m, against profits of £21.5m last time, after the channel maintained its 2000 programming spend despite an advertising collapse.

Nationwide launches major online drive

LONDON - Nationwide, the building society, is launching a massive year-long six-figure online offensive this week that it hopes will grab the attention of every web user at some point during their online experience.

FT.com announces pricing as it begins to charge for content

LONDON - FT.com has finally unveiled its long-awaited subscription prices, and has announced that it will begin charging users an annual subscription rate of £75 next month.

BBC challenges business sites with launch

LONDON - On the day FT.com begins charging for content, the BBC is unveiling a major new business website, which pulls together all the business and personal finance news and information the public service broadcaster offers online.

B magazine goes chick-lit for fifth birthday

LONDON - B magazine, Attic Futura's young women's title, is going all chick-lit for its fifth birthday by teaming up with women's book club Mango.

Foresight appointed to Asprey online task

LONDON - New-media and marketing agency Foresight has been appointed to build and maintain the website for luxury goods retailer Asprey following a competitive pitch.

Microsoft linked to ITV Digital rescue bid

LONDON - Microsoft, which is already a shareholder in cable group Telewest, is being linked to an ITV Digital Rescue bid.

Pearson confident of 2002 revenue growth

LONDON - Media group Pearson said that despite advertising revenues being significantly lower across its Financial Times group, it is confident that it will deliver decent revenue growth in 2002.

KPMG Consulting/BroadView online service to launch

Management and tech consultancy firm KPMG Consulting is launching an online communications service for an undisclosed top client.

MEDIA BRIEFS: Kelly relinquishes weekday internet column

MIRROR: Matt Kelly, acting features editor of the newly-renamed Daily Mirror, has relinquished his weekday internet column. Kelly's i now appears on Saturdays and is concerned with gadgets. Amy's i, written by Kelly's deputy, Amy Vickers, is published Monday to Friday and deals with tech news and internet...

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