ITV has confirmed a number of senior appointments to its newly-reshaped commercial sales team, led by commercial sales director Gary Digby.Reporting directly to Digby, Mark Trinder and Jeremy Lawrence have been appointed as group account directors for ITV Commercial, responsible for managing senior relations with agencies and clients.Trinder and Lawrence will also be in charge… Continue reading ITV Announces Senior Commercial Appointments
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The City editor of the Evening Standard, Chris Blackhurst, has condemned Sir Martin Sorrell’s plans to relocate WPP’s domicile to Ireland.In an article published yesterday, Blackhurst said he disapproved of Sorrell’s decision to move WPP’s British headquarters to Ireland to avoid the threat of higher corporation tax.He said: “I’m baffled by the decision of Sir… Continue reading City Editor Says Sorrell Is Making A Bad Move
ZenithOptimedia forecasts that global adspend will grow 4.3% in 2008, down from its previous forecast of 6.6% from June this year, as the worldwide financial crisis hits the sector. World adspend growth for 2009 has also been downgraded, from 6% to 4%, with developed markets hardest hit by the reduced liquidity in the financial markets:… Continue reading ZenithOptimedia Lowers Global Adspend Forecast
UK internet advertising expenditure grew to £1.68 million in the first half of 2008, a 21% year-on-year like-for-like increase, according to the latest online adspend figures from the Internet Advertising Bureau (IAB). The research said that without the growth shown by online, the advertising market as a whole would have experienced a 4.6% decline in… Continue reading Internet Advertising Spend Up 21%
Five’s programming is set to become available via the BT Vision on-demand television service, as the two companies sign a new deal.BT Vision will be the first on-demand TV service in the UK to feature Demand Five, allowing viewers to catch-up on Five’s programmes from the previous eight days.Demand Five is set to feature Five’s… Continue reading Five And BT Vision Sign New Catch-Up TV Deal
WPP Group has released a statement announcing plans to extend the original Friday deadline for its £1.1 billion offer of TNS until 3pm this Wednesday, October 8. WPP Group, led my Sir Martin Sorrell, announced that valid acceptances of the offer had now climbed to 60.86% of TNS shareholders last Friday, when the previous deadline… Continue reading WPP Extends TNS Offer Deadline
Ofcom’s latest digital television update, for the second quarter of 2008, reveals that take-up of multichannel television on main sets in UK households increased by 0.8%, from 87.2% to 88% in Q2. The report found that over 22.5 million households had multichannel television equipment connected to their primary set by the end of Q2 2008.… Continue reading Digital TV Households In UK Up To 88%
ITV1’s The X Factor attracted over 10 million peak viewers this weekend, well ahead of other weekend viewing figures.On Saturday, almost 11 million peak viewers tuned into see the remaining 24 acts perform at their mentor’s mansions, while the second-part show on Sunday attracted over 10 million viewers.The judges were forced to make their final… Continue reading X Factor Stole The Show
Condé Nast Magazines’ managing director, Nicholas Coleridge, delivered a rallying cry to the magazine industry on Friday, saying it had a “rosy future”.Speaking at the PPA Regional Magazine Summit, Coleridge recounted the time he attended a PPA conference 16 years ago to be told digital magazines would bring the imminent end of the magazine industry.However,… Continue reading Coleridge Outlines His Defence Of Magazines
Taylor Nelson Sofres (TNS) has released a statement recommending that shareholders accept WPP’s £1.1 billion takeover offer.In a controversial twist, TNS said its board “continues to believe that the WPP offer undervalues TNS,” but warns that “TNS shareholders who do not accept the WPP offer could as a result own a minority interest in an… Continue reading TNS Tells Shareholders To Accept WPP Offer
