More Industry News articles

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

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

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’

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

IPC Advertising has announced the promotion of Sharon Kirby, currently a head of sales with the magazine giant, to the position of classified sales director.The new role will see Kirby working closely with IPC’s Learning and Development team to create a Sales Academy, streamlining staff training and ensuring they are well placed within the company.… Continue reading IPC Boosts Classified With New Sales Director

WPP was the talk of trading floors yesterday, dipping by 1.51% as rumours circulated that the advertising giant is preparing to buy US rival Grey Group.A purchase would bring the company into WPP’s portfolio and bring an end to one of the few remaining independent advertising agencies. Grey was put up for sale in June,… Continue reading Sharewatch: WPP Dips As Grey Purchase Speculation Mounts

Film giant UIP has announced the first online campaign to promote summer blockbuster, Thunderbirds, employing United Virtualities’ Ooqa-Ooqa technology to replace viewers’ web browsers with branded alternatives.The technology is used for the first time today as the campaign launches on www.citv.co.uk, with Ooqa-Ooqa replacing visitors’ normal browser toolbar with an advertiser branded browser.The technology is… Continue reading UIP Pushes Thunderbirds With Branded Internet Browser

It was confirmed today that Guardian Media Group (GMG) has bought a 14% stake in Development Hell, publisher of the music and entertainment magazine Word.After much interest from other trade investors, the bosses at Development Hell decided that a tie with GMG would be ideal. Publisher, Jerry Perkins said: “It is a diverse media group… Continue reading GMG Acquires 14% Stake In Development Hell

It was confirmed today that Guardian Media Group (GMG) has bought a 14% stake in Development Hell, publisher of the music and entertainment magazine Word. After much interest from other trade investors, the bosses at Development Hell decided that a tie with GMG would be ideal. Publisher, Jerry Perkins said: “It is a diverse media… Continue reading GMG Acquires 14% Stake In Development Hell

Emap Advertising and Starcom Motive have secured a £1.5 million cross-media deal with Golden Wonder to promote its Nik Naks snack brand across Emap’s range of Kiss and Kerrang branded media.The four-month campaign will target 16 to 24 year-old consumers with a range of on-air sponsorship and promotions covering Kiss TV, Kerrang TV and The… Continue reading Emap Bags Golden Wonder For Cross-Media Deal