More Industry News articles

German magazine giant H Bauer is to name its forthcoming men’s weekly title Cut, and has a provisional launch date of August 12th, according to reports over the weekend.The publisher is understood to be readying the title, rumoured to be in production last month, and will invest around £8 million in its launch into one… Continue reading Bauer Names Its First Foray Into Men’s Mag Market

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

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

UK commercial broadcaster ITV has earmarked £600 million worth of non-core businesses to sell off, including its 5% share in French multimedia company, Thomson SA. According to a report in the Sunday Independent, ITV plans to sell numerous assets from Carlton Screen Advertising, which sells adverts shown at cinemas, to stakes in top Premier League… Continue reading Sale Of ITV Businesses To Raise £600 Million

The UK’s two cable TV giants, NTL Europe and Telewest, are being urged by shareholders to begin merger talks to form a single company with a market value of $7 billion. According to a report in the Observer, shareholders are pushing for the talks to begin this autumn to bring together more than 1.5 million… Continue reading NTL And Telewest Shareholders Urge $7 Billion Merger

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

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’

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

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

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