WPP’s poor share price performance could cost its chief executive, Sir Martin Sorrell, up to £44 million, despite a leap in his pay cheque by more than a third to £3.3 million. Sir Martin could still get his full bonus if WPP’s share price takes off over the next three years. However, for the maximum… Continue reading WPP’s Poor Share Performance Costs Sorrell £44 Million

ITV is to cut 40 jobs from its Meridian and Central regional news teams and Sky News is also to cut jobs as it revamps its schedule. Reports in The Guardian say that Sky News could axe Sky Report and World News Tonight, with a formal announcement to employees about their futures expected to come… Continue reading News Channel Job Cuts

The 20 largest cable and DSL providers in the US acquired a record 3.1 million subscribers during the first quarter of 2006, according to the Leichtman Research Group. The top broadband providers have almost 46 million high speed internet subscribers, with cable having nearly 25.8 million broadband subscribers (see Broadband Accounts For Over 42 Million… Continue reading US Broadband Record

Worldwide unit shipments of personal video recorder (PVR) products reached 19 million in 2005, an increase of 60% on the 11.9 million units shipped in 2004, says new research by In-Stat (see PVR Subscribers To Reach 34 Million By 2010). The study predicts that this figure will reach 42 million by 2010, showing that PVRs… Continue reading Worldwide PVR Shipments Hit 19 Million

May began with a positive diagnosis for the UK advertising industry, with expenditure forecast to rise this year by 2.6%, ahead of the 2.2% predicted for the US and 1.4% for the Eurozone. The figures from the Advertising Association and World Advertising Research Centre also showed that advertising expenditure in the UK grew by 1.8%… Continue reading INSIGHTanalysis: Media Healthcheck – May 2006

More and more UK companies are moving their advertising budgets online, according to a new survey carried out by the Online Marketing Show (OMS). The survey, in its second year and coming ahead of the show on June 7-8, had 40% of respondents say that they spend 26% or more of their marketing budget online… Continue reading Commitment To Online Marketing Increases

In April, it was revealed that UK traditional media budgets had been cut for the sixth successive quarter, with the trend continuing of moving adspend away from traditional media to direct marketing and the internet. The Bellwether report from the Institute of Practitioners in Advertising (IPA), showed the weakest rise in marketing spending in four… Continue reading INSIGHTanalysis: Media Healthcheck – April 2006

Sir Martin Sorrell, Chief Executive of WPP, says that the internet will not take over from traditional media as the primary method for advertisers to reach their audience. Speaking in The Times he said that the continuing strength of the internet does not mean that it will eventually “displace” traditional advertising platforms, even though online… Continue reading Internet Will Not Destroy Traditional Advertising

Adverse market conditions in radio advertising are expected to persist, according to the Local Radio Company, which has 32 stations around the country.The company has warned of volatility in the advertising market as it recorded a 1% rise in revenues over the six months to the end of March. It said revenues had risen 2%… Continue reading Radio Ad Trouble Persists

Shares in ITV rose 1.2% last week, as rumours circulated that the broadcaster could be the focus of a take-over bid by US private equity group Kohlberg Kravis Roberts. This defied the downward market trend, which saw the FTSE 100 surrender all and more of Friday’s 2% gain after another session of unstable trading. Rumours… Continue reading ITV Bucks Stock Market Trend