The reclusive Barclay Brothers look set to take control of the Daily Telegraph after agreeing a £260 million deal to buy the global newspaper group headed by troubled media mogul Lord Black. The billionaire brothers are understood to have reached an “irrevocable” agreement to take over Hollinger Inc, in a move that will see them… Continue reading Barclay Brothers Agree Telegraph Takeover Deal
ARCHIVE ▸ The Media Leader Staff
Beleaguered cable operator Telewest Communications has announced the resignation of its group managing director, Charles Burdick, after less than two years at the company’s helm. Burdick, who steps down with immediate effect, will stay on as a consultant to the company until the completion of its financial restructuring, but will then relinquish his directorship to… Continue reading Burdick Steps Down As Telewest Managing Director
Kelvin MacKenzie’s Wireless Group is planning to strengthen its position in the UK local radio market with the acquisition of Forever Broadcasting for £8.1 million. The Wireless Group already controls 16% of Forever Broadcasting, which owns a handful of local radio stations including Tower FM in Bolton, Peak FM in Chesterfield and The Wolf in… Continue reading Wireless Group Secures Forever For £8.1 Million
December saw a marked increase in activity at leading agencies as the account pipeline remained strong. There were a number of significant wins for Publicis which clinched the Lehman Brothers 2003 New Business Title. Following a strong November (see Strong Agency Account Activity In November), there was a 40% year on year increase in account… Continue reading Publicis Tops 2003 New Business League
Growth in US internet usage has slowed in recent years but demand for high-speed services remains high, according to new statistics from Harris Interactive. An end of year survey shows that 69% of Americans can now be classified as internet users, an increase of two percentage points over last year. The number of adults online… Continue reading More Americans Taking The Broadband Route
Marketers remain largely unconvinced about the viability of mobile strategies but the medium would appear to have greater potential in the future, judging from a survey carried out by Reveries.com. The study, sponsored by mobile marketing firm Mynamics, was conducted among more than 400 US marketers. Only 5.5% regarded the viability of mobile phones as… Continue reading Mobile Marketing Enters The Mix
UK terrestrial broadcasters Channel 4 and Five are believed to have held exploratory merger discussions within the last six months. Reports suggest that Channel 4 chief executive Mark Thompson and Lord Hollick, chairman of United Business Media, the minority shareholder in the Five network, have met to discuss the possibility of integration. It had been… Continue reading Channel 4 And Five In Discussions Over Possible Merger
US advertising spend is expected to rise by 7.8% to $138.4 billion in 2004, with television categories driving the sector. TNS Media Intelligence/CMR calculates that revenues were up 7.0% during the first three quarters of 2003 (see US Adspend Rises 7% In First Three Quarters) and predicts full year growth of 6.7%. Signs are that… Continue reading US Ad Market To Experience Sound Growth In 2004
With broadband coverage now almost complete in the UK, the priority should be to encourage greater uptake of the technology, according to a prominent BT figure. Speaking to an audience of local government and regional development organisations in London yesterday, Patricia Vaz, BT regional director for the South East, iterated that the telecoms giant was… Continue reading BT Pushes For Increase In UK Broadband Uptake
The Wi-Fi gear market achieved remarkable growth in 2003 as prices fell and consumers embraced new technology. Shipments of wireless networking cards and access points totalled 22.7 million units, a 214% increase from 2002’s 7.2 million unit shipments, according to In-Stat/MDR. The emergence of 802.11g products and cheap prices for 802.11b equipment were behind this… Continue reading Wi-Fi Equipment Suppliers Reach For The Sky