The Advertising Association have upgraded their predictions for Commercial Radio in the October 2000 edition of their Quarterly Forecasts. Growth in 2000 is now predicted at 16.8%, well ahead of 10.7% actual growth in 1999. This equates to an estimated 5.9% share of total Display advertising for Commercial Radio, compared to the 5.5% share achieved… Continue reading Advertising Association UK Quarterly Forecasts
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Sector PerformancesThe Advertising Association Quarterly Forecast predicts performances by major product sector for the next two years. The product sector groupings used are Retail, Industrial, Financial, Government, Services, Durables and Consumables Retail (including traditional retail, mail order and online retail) continues to benefit from the dot coms; mail order continues to lose ground to e-commerce… Continue reading Advertising Association UK Quarterly Forecasts By Sector
The long-term forecast to 2012 draws on analyses of past cycles in the economy to predict broader trends in the ad industry. Its stated objective is “to meet the need for long-term strategic planning as opposed to short-term tactical planning”. The forecasts plan for two eventualities with a high and low set of forecasts. In… Continue reading Advertising Association Long Term Forecast
Shareholders at WPP today approved the acquisition of Young & Rubicam, which will create the world’s largest advertising agency. The $4.7bn takeover deal was confirmed in May this year (see WPP Buys Young & Rubicam For $4.7bn). WPP is issuing 0.835 new American Depositary Receipts for each Young & Rubicam share. It is expected completion… Continue reading Shareholders Approve WPP/Y&R Deal
Yesterday’s trading statement by Granada Media, coupled with a downgrade at the beginning of the week by Merrill Lynch, has caused shares in the company to fall very steeply. Between Monday and close on Wednesday, Granada Media stock has lost 23.6% in value, closing at 438p on Wednesday. The trading statement, whilst on the whole… Continue reading Granada Stock Fall ‘Could Be Worrying’ Says FT
The merger of United News & Media’s ITV assets received overwhelming approval from its shareholders. At an extraordinary general meeting the majority voted in favour of a sale to Granada Media, following the announcement of the deal in July this year. Sir Roland Hampel, chairman of United, said: “United’s shareholders have recognised the outstanding value… Continue reading United Shareholders Approve Granada Merger
Shares in Granada Media continued to tumble this morning after the company issued a trading statement predicting a slowdown in ad revenue during 2001. After a significant downgrade from Merrill Lynch sent shares sliding yesterday, stock fell a further 12% after the group said it could not match the high levels of ad revenue growth… Continue reading Granada Predicts Slowdown In Ad Revenue, Announces Completion Of United Deal
Almost half of all adults in the UK have accessed the internet at some time, according to the latest quarterly survey from the Office of National Statistics. A total 45% – or 20.4m adults – have logged on at least once, although those embracing the new technology are increasingly male and from the professional classes.… Continue reading Almost Half Of All Adults Now Online
Shares in Granada Media tumbled today after a “significant” downgrade by Merrill Lynch wiped 21% from its 2001 profit forecast. Prices slipped almost 9% as the bank highlighted ITV advertising softness, “conservative accounting” for the United TV assets and additional digital new media costs as contributing factors in its decision. Carlton Communications prices fell by… Continue reading Granada And Carlton Stock Tumbles After Downgrade
The older woman recently became one of the latest targets for consumer magazine publishers, with a flurry of launches into this relatively unbroken sector. Over in radioland it seems that the older audience has also been pinpointed as fertile ground for new services. Much has been written about the untapped potential for advertisers in the… Continue reading Insight Analysis: Radio Stations Look To Older Listeners To Expand Reach