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Global advertising giant WPP has succeeded in winning the highly lucrative rights to electronics firm Samsung’s world-wide media account, worth around £380 million, following a closely fought battle with incumbent agency, Omnicom.The win brings to a close seven months of contest between WPP, pitching against Publicis, and previous contract-holder Omnicom.Samsung’s account will now be divided… Continue reading WPP Clinches Samsung Account After Seven-Month Wrangle

Future Publishing has announced the appointment of David Fernando as the sales director of its London advertising operation with immediate effect.A new face at Future, Fernando joins from technology publishers IDG Communications where he was publishing director, with over 15 years experience in commercial publishing, having previously been on the board at Premier Magazines, now… Continue reading Future Appoints Fernando As New Sales Director

Scottish Radio Holdings has this morning reported record results for the past year, as group revenues grew by 14%, beating the group’s expectations of 9%.For the period ending 30 September 2004, turnover was up 15% to £96.3 million, spurred on by strong revenue growth in both the radio and press divisions which was up 20%… Continue reading SRH Exceeds Expectations With Record Results

Scottish Radio Holdings has this morning reported record results for the past year, as group revenues grew by 14%, beating the group’s expectations of 9%. For the period ending 30 September 2004, turnover was up 15% to £96.3 million, spurred on by strong revenue growth in both the radio and press divisions which was up… Continue reading SRH Exceeds Expectations With Record Results

Dixons, the electrical superstore, said yesterday its sales had slowed and warned margins would come under pressure in the run up to Christmas as consumer spending seems to have lost pace in the past few weeks. The festive period, which is traditionally the busiest for retailers, seems to have been stunted by recent interest rate… Continue reading Slow Down Of Electrical Goods May Hit Sky’s Subscriber Targets

Yesterday saw Channel 4 walk out on merger talks with Five, after concluding that obstacles to a tie-up between a state-owned and a commercial broadcaster were too difficult to overcome, according to a report in The Times. Andy Duncan, chief executive of Channel 4 said: “With concerns being raised about our future funding it was… Continue reading Channel 4 Walks Out On Five

As WPP continues to grow its international operations, wholly-owned operating company Landor Associates has this morning announced that is has purchased Australian branding and design consultancy, Lewis Kahn Staniford (LKS). LKS which achieved revenue of A$8.1 million for the year and net assets of A$1.3 million last year, employs around 45 people and clients include… Continue reading WPP Acquires Australian Branding Group LKS

The Daily Mail and General Trust (DMGT) group has today announced that Queensland Media Investments will acquire an 85.1% stake in its Australian commercial FM radio station, Hot 91. DMG Radio Australia (DMGRA) was required to dispose of at least 85.1% of its interest in Hot 91 as a result of purchasing a second Brisbane… Continue reading DMGT Disposes Of Stake In Australian Radio Station

Hollinger International has agreed its second major disposal of the year by selling its Jerusalem Post and Jerusalem Report titles to Israeli publisher, Mirkaei, in a deal worth $13.2 million. The firm, which was forced to reassess its business after former chief executive, Lord Black, became embroiled in financial misconduct investigations, is set to move… Continue reading Hollinger Disposes Of Jerusalem Post and Report

Radio group Chrysalis put in a strong performance yesterday to undo its previous dip in share price, adding 6.40% to close at 174˝p. Speculation amongst traders over a high profile deal between the broadcaster and Virgin or the Guardian Media Group fuelled the price rise.Specifics of any impending deal are unclear, however earlier this week… Continue reading Sharewatch: Chrysalis Bounces Back On Speculation