Alain de Pouzilhac has stepped down from the position of chairman and chief executive officer of Paris based advertising group, Havas, after losing control of the agency to French industrialist Vincent Bolloré. Havas’s board of directors has agreed to a transitional period in which Richard Colker will assume the position of chairman and chief executive.… Continue reading Alain de Pouzilhac Steps Down As Havas Chairman

GCap Media today warned that the outlook for the radio advertising market remained weak, after advertising revenues fell dramatically during May. The company revealed that total group revenues dropped by 14% in May, on the back of “weak” consumer confidence and a decline in marketing spending from a number of key advertisers. GCap said that… Continue reading GCap And Chrysalis Warn Against Weak Radio Ad Market

Emap has secured control of Scottish Radio Holdings (SRH) for £391 million, seizing control of the company’s 22 radio stations and selling its newspaper interests off to Johnston Press for £155 million. The SRH board accepted Emap’s deal, which values the company at £391 million, with the company receiving 1,088 pence per share, after rejecting… Continue reading Emap Buys Scottish Radio Holdings

Xfm has announced the management structure for its newly-won FM licence in Manchester, promoting Andy Ashton to the newly-created role of programme director for the Xfm Network to oversee the station’s launch.As well as continuing his role as programme controller for Xfm in London, Ashton will assume responsibility for developing output for Xfm Manchester, which… Continue reading Xfm Lines Up Management For Manchester Launch

BSkyB has signed a deal to become the sole owner of Artsworld, the UK’s only dedicated arts and culture channel, in a move which will make the channel available to the broadcaster’s seven million subscribers from September.Since its launch on December 2000 Artsworld has been available to Sky customers for an additional subscription fee of… Continue reading Sky Scoops Artsworld To Bolster Portfolio

In May, media agencies and industry bodies used the performance of the advertising market from the first quarter of 2005 to predict advertising expenditure for the coming year. Online advertising was shown to perform in line with predictions, growing at a rapid rate. At the beginning of the month, analyst eMarketer, released new forecasts for… Continue reading INSIGHTanalysis: Media Healthcheck – May 2005

The US advertising economy continues to look mixed with results from two major media, outdoor and business to business media giving confusing signals to marketers. Outdoor advertising expenditure in the US was shown to rise only 2.9% during the first quarter of 2005, a much slower rate than previously estimated by industry experts. Business to… Continue reading Mixed Outlook For US Advertising Market

UK advertising expenditure has totalled £3,993 million in the first quarter of 2005. The internet confirmed industry predictions for a strong performance, rising by an impressive 48.9% year on year, according to the latest figures from the Advertising Association (AA). The AA shows, in its Quarterly Survey of Advertising Expenditure, total adspend in the UK… Continue reading UK Adspend Up 5.3% In Q1 2005

Online newspapers are increasing in popularity, with more than a fifth of internet users who read newspapers now relying primarily on web editions, according to research from Nielsen//NetRatings. The findings showed that a significant 21% of web users who read newspapers have transferred their readership to online counterparts, while 72% of online users who consume… Continue reading Online Newspaper Sites Increasing In Popularity

Analyst, Merrill Lynch, has revised its adspend forecasts for the US newspaper industry, with estimates for advertising expenditure being lowered due to an uneven economy and an industry resurgence for the second half of 2005. Merrill forecasts newspaper adspend (print and online combined) to rise by 3.3% in 2005, revised down from 4%, based on… Continue reading Merrill Revises Down US Newspaper Ad Predictions