MediaTel Group is hosting a ‘Future of Consumer Magazines’ seminar this Thursday, and tickets for this event are selling fast.Panellists include Mike Soutar, chief executive of Shortlist Media; Duncan Edwards, chief executive of The National Magazine Company; media journalist Ray Snoddy; and Caroline McDevitt, managing director of IPC Advertising.The seminar will look at whether publishers… Continue reading ‘Future Of Magazines’ Seminar Takes Place This Thursday

Global Radio is reportedly on the verge of walking away from a takeover of GCap, following the rejection of its improved £333 million offer last week.It is understood that Global does not want to overpay for GCap and is waiting to see whether new chief executive Fru Hazlitt’s strategy for turning the company around pays… Continue reading Global Radio Could Walk Away From GCap

The global TV advertising market is set for a tough two years, with the outlook improving from 2010 to 2012, according to a new forecast from Screen Digest.The research predicts that 2008 will be a difficult trading year for TV advertising, with spend growing at a lower rate than the economy, at only 1.9% in… Continue reading Global TV Ad Market Set For Tough Two Years

Global Radio could be ready to walk away from a takeover of GCap, following the rejection last week of its improved £333 million offer. According to a report on the Guardian, Global does not want to overpay for GCap and is waiting to see whether new chief executive Fru Hazlitt’s recently announced measures to boost… Continue reading Global Radio Could Walk Away From Possible GCap Takeover

Pearson, owner of the Penguin publishing group and the Financial Times, has reported revenues of £4.22 billion for 2007, up 6%. The company, which also owns a US education business, saw operating profits rise 14% on an underlying basis to £632 million. Marjorie Scardino, chief executive, said: “We continue to reshape Pearson into a more… Continue reading Pearson Reports 6% Revenue Increase

Last night saw the final of Masterchef on BBC Two, with the show grabbing a peak of 5.5 million adults, or a 23.8% share of the audience.On at 8pm, an average of 4.9 million adults stayed with the programme for its hour duration, with James Nathan finally triumphing.It beat both Waterloo Road on BBC One… Continue reading 5.5m Watch Masterchef Final On BBC Two

Heat editor-in-chief Mark Frith is leaving Bauer Consumer Media in mid-May, having recently signed a deal with Ebury Press to write a book.Frith’s departure comes after Bauer acquired Emap’s consumer magazine and radio divisions for £1.14 billion (see H Bauer Buys Emap’s Magazine And Radio Divisions).Frith became Heat editor in 2000 and reinvented it as… Continue reading Frith To Step Down As Heat Editor

GCap Media has rejected a revised takeover bid from Global Radio which values the company at £333 million.Global offered 202p a share, a 6% increase on the 190p per share bid it made in December, and ahead of the Takeover Panel’s March 5 deadline for bids to be tabled (see Media In The City: Microsoft… Continue reading GCap Turns Down Revised Global Radio Takeover Bid

Building on the success of its “Future of…” media seminar season, MediaTel Group is launching a new event, giving the industry a unique chance to see a number of new media technologies and debate the business models and opportunities they offer.The Media Playground Exhibition will showcase new media opportunities in IPTV, mobile, ad-serving, behavioural targeting,… Continue reading MediaTel Group To Host Media Playground Event

WPP has reported 2007 like-for-like revenue growth in line with forecasts, with the company saying that despite predictions of a slowing economy in 2008, this year should be even better.The full year results, to December 31 2007, show a 5% year-on-year increase in revenue to £6.18 billion and an adjusted pre-tax profit increase of around… Continue reading WPP Predicts Strong 2008