More Industry News articles

ITV will lose one of its best known personalities next year, as long serving newsreader Sir Trevor McDonald steps down from his position with ITV News.The veteran broadcaster has stated that he will not renew his contract with the broadcaster’s news operation when it expires next year. His departure will mark the end of a… Continue reading Trevor McDonald Set To Leave ITV News In 2005

Nearly half of digital video recorder (DVR) users delay watching programmes live but instead record these with the aim of saving precious time by skipping through TV advertisements, effectively telling advertisers ‘don’t waste my time’ says Lyra Research. A recent survey from the technology information company revealed that TV delayed viewing for 43% of DVR… Continue reading DVR Users Avoid Advertisements To Save Time

Clear Channel-owned outdoor advertiser Adshel has announced what it claims is the largest street furniture deal in 20 years, covering bus shelters around the outer circle of Birmingham city centre for the next decade.The contract, which covers the whole of the west midlands, was awarded to Adshel by transport firm Centro as part of a… Continue reading Adshel Secures Ten Year Birmingham Bus Contract

European advertising growth is expected to grow by over 4% in the next year and overtake the US, according to a revised outlook from ZenithOptimedia. The media agency has today announced that it has updated its European advertising forecast to 4.2% from 3.7%, after its 2003 Europe-wide prediction of 1.8% was beaten when growth reached… Continue reading European Ad Market To Grow By Over 4%

Speculation continued amongst traders yesterday concerning WPP‘s expected move to buy buy US rival Grey Group. The American firm yesterday lost its media planning account with Proctor & Gamble, one of the main attractions for a WPP bid.The P&G account was scooped by Aegis, which dipped by 0.30%. WPP too saw a decline of 1.25%… Continue reading Sharewatch: Doubt Over WPP Deal As Aegis Scoops P&G

This morning, the Office of Fair Trading (OFT) issued a statement to the London Stock Exchange stating that ITV’s proposed acquisition of Scottish Media Group’s 25% stake in GMTV may be referred to the Competition Commission for investigation. The statement invites feedback about any competition or public interest issues to be sent to the OFT… Continue reading GMTV Acquisition May Be Referred To Competition Commission

The BBC has confirmed that Rupert Gavin, chief executive officer of the Corporation’s commercial Worldwide arm, has resigned from his role without reason and with immediate effect.The unexpected move by Gavin, profiled in today’s Times Business supplement, comes as the Corporation faces increasing pressure from rival companies to downsize its commercial operations.Commenting on the shock… Continue reading BBC Worldwide Chief Makes Shock Resignation

City stockbroker’s have added further fuel to the rumours surrounding the alleged consolidation between Capital Radio and GWR Group, after a meeting with the finance director of Capital, left the team convinced ‘the two companies are far into negotiations’. The media team at stockbroker Panmure Gordon caught up with Peter Harris on Wednesday and said… Continue reading Capital And GWR In Merger ‘Negotiations’

Publishing giant, Reed Elsevier, unveiled yesterday that it had acquired US data services group, Seisint in a deal worth $775 million (£417 million).Reed said that the groups legal and government information arm, LexisNexis, will wholly own Seisint and will fit very strongly with the LexisNexis risk management business and allow it to expand further.A statement… Continue reading Reed Acquires American Data Group Seisint

Dennis Publishing chief executive Alistair Ramsay has announced the closure of the company’s groundbreaking small format men’s magazine, Jack, due to poor sales and increased competition in the sector.The title, purchased by Dennis in June 2003 as part of its acquisition of I Feel Good Plc, had been increasing circulation, with over 39,000 readers according… Continue reading Dennis Closes Jack Following Disappointing Sales