CN Radio has promoted Peter Fletcher to the position of managing director at Lakeland Radio, the company’s recently acquired radio station serving the South Lakeland area.The move puts Fletcher in charge of the operation, which was acquired by CN radio last month as the company purchased the remaining 60% of its shares for an undisclosed… Continue reading CN Radio Reshuffles Management At Lakeland

The nation’s broadcasters have welcomed Culture Secretary Tessa Jowell’s proposals for the BBC, outlined yesterday to include the creation of a new BBC Trust to replace the current board of governors, while the licence fee continues to provide funding for another ten years (see Governors Axed As BBC Charter Renewed For 10 Years).A spokesman for… Continue reading Broadcasters Welcome BBC Green Paper Proposals

Newspaper publisher, Trinity Mirror, has announced a 25% increase in its annual profits, despite the continued circulation decline of its flagship publication, the Daily Mirror.In a statement made this morning to the London Stock Exchange, Trinity revealed a 6.6% rise in revenue for 2004, taking the group’s total to £1.1 billion. The company reported that… Continue reading Trinity Reports Profit Increase As Cost Cuts Continue

Grey Global Group shareholders have approved the sale of the company to Sir Martin Sorrell’s WPP Group, clearing the way for the deal to close on March 7 this year. Grey shareholders are reported to receive $1.7 billion in cash and WPP stock out of the $1.5 billion purchase of the New York based media… Continue reading Date Set For Grey And WPP Deal

Online advertising for the first quarter of 2005 is reported to be performing strongly, with industry experts and research companies revealing an increase in advertising revenue for this quarter and throughout 2004, according to Merrill Lynch. The Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers estimate that for the last quarter of 2004 online adspend hit $2.7… Continue reading Strong January For Online Adspend

Online advertising is predicted to fuel the advertising industry throughout the coming year, with top industry agencies and research specialists forecasting that the medium will enjoy a strong performance throughout 2005. February saw Starcom UK Group claiming that online advertising expenditure had increased by 52% to £507 million, accounting for 3.4% of total adspend in… Continue reading INSIGHTanalysis: Media Healthcheck – February 2005

US advertising expenditure rose by 6.3% during 2004, fuelled by the additional spending from the summer Olympics and Presidential election, according to figures released by advertising intelligence service, Nielsen Monitor-Plus. Adspend was revealed to have grown across all reported media, with television and print leading the way. Year to date advertising spend for the top… Continue reading US Adspend In 2004 Up By 6.3%

US newspaper advertising revenue rose by an estimated 4% in January, representing no real change in momentum from the fourth quarter of 2004, according to analysts Merrill Lynch. Newspaper industry advertising growth is also predicted to be around 4% for 2005, despite retailer and telecom mergers that could affect spending plans later in the year.… Continue reading Merrill Predicts Rise In Newspaper Advertising

US radio station trends are reported to be improving around 3% in the first quarter of this year, with March looking stronger than January and February, according to analysts Merrill Lynch. The Radio Advertising Bureau (RAB) announced that January radio advertising revenue increased by 3% year on year, with local spot advertising up by 2%… Continue reading Strong Outlook For US Radio Industry

Five has secured a major sponsorship deal with Parfums Christian Dior to support the channel’s major new reality series, Make Me a Supermodel.The deal will see Dior Backstage Make Up cover the opening and closing credits and break bumpers on a package of eight hour-long programmes and a live final and will run from 14th… Continue reading Five Signs Model Sponsorship Deal With Dior