The board of TNS has unanimously rejected WPP’s £1.082 billion unsolicited takeover bid made earlier today, saying it “substantially undervalues TNS, even on a standalone basis.” This is the fourth takeover bid WPP has made and it came just prior to the 7.30am deadline set by the takeover panel for a formal offer for TNS.… Continue reading TNS Rejects WPP Takeover Bid
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Andy Hart has left Associated Northcliffe Digital (AND) after six years in the job by “mutual consent”, ahead of an organisational restructure.Hart had been responsible for the online development and acquisitions of sites including ThisisLondon.co.uk and FindaProperty.com during his time as chief executive.He looked after the Mail Online brand and championed the company’s digital acquisition… Continue reading Hart Departs From Northcliffe Digital
Bauer Advertising digital sales director Bruce Daisley has left the company as part of ongoing redundancies at the publisher.Sales director of magazines Jason Trout has also left the company as part of a wider restructuring of the publisher following its purchase of Emap in 2007.Bauer purchased Emap’s magazine and radio divisions for £1.14 billion last… Continue reading Daisley Leaves Bauer
Microsoft would be willing to re-enter takeover talks with Yahoo! but only if the company replaces its board of directors at its annual meeting on August 1. In a statement, Microsoft said that it “would be interested in discussing with a new board a major transaction with Yahoo!, such as either a transaction to purchase… Continue reading Microsoft Could Return With Yahoo! Bid If Board Changes
GCap Media’s Capital 95.8 has signed a major sponsorship deal with leading make-up brand Rimmel London, to support their summer series of exclusive gigs.The CapitaLive Summer Tour, which kicked off yesterday and runs until the end of August, will feature gigs from bands and artists including Duffy, Scouting for Girls, Adele, The Feeling and The… Continue reading Capital 95.8 In Gig Sponsorship Deal
London’s Magic 105.4 has been named station of year at the Arqiva Commercial Radio Awards, an event organised by RadioCentre – the industry body for commercial radio.Bauer managed to bag three wins at the ceremony, held at the Royal Lancaster Hotel in London yesterday, with awards handed out to Neil Fox, Andy Roberts and Magic.Neil… Continue reading London’s Magic 105.4 Scoops Station Of The Year Award
Integrating dynamic advertisements into videogame environments provides brands a measured lift in overall consumer awareness and opinion of the products they are exposed to during game play, according to a new study conducted by Nielsen BASES and Nielsen Games on behalf of IGA Worldwide. The study found that consumers reacted positively to in-game ads: 82%… Continue reading In-Game Ads See Positive Response
Microsoft has released a statement confirming it is willing to renew a deal with Yahoo! if it replaces its board of directors at its annual meeting next month.The software giant has reinstated its interest in acquiring Yahoo!, saying: “Microsoft would be interested in discussing with a new board a major transaction with Yahoo!, such as… Continue reading Microsoft Set To Re-Enter Talks With Yahoo!
There were several ad revenue forecasts released in June, with Group M revising down its 2008 UK ad growth forecast to 4% from 6%, adding that – excluding internet traditional – media will fall 2% this year. However, the current ad slowdown is unlikely to affect the internet much, with Group M forecasting that it… Continue reading INSIGHTanalysis: Media Healthcheck – June 2008
Ofcom has banned the Nestle cereal credits from GMTV weather following a complaint against its claim “helping you get the three servings of wholegrain you need everyday”.Ofcom’s rules state that sponsor credits must be distinct from advertising – “Specific or detailed descriptions of a sponsor’s business or products are likely to be viewed as promotional… Continue reading GMTV Censored By Ofcom
