Internet giant Yahoo! has today announced the acquisition of price comparison site Kelkoo in a deal worth £318 million. The purchase will enable Yahoo! to extend its online presence to include Kelkoo’s comparison shopping service and referral system, bolstering the company’s already successful Yahoo! Shopping directory of online stores. Commenting on the deal, Terry Semel,… Continue reading Yahoo! Acquires Shopping Site Kelkoo For £318m
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GWR Group, owner of Classic FM, saw shares rise by 2.23% rise yesterday to close at 275p. The increase follows the announcement that revenues for the group’s financial Q4 will be up by 7%, with national spend jumping by 13% year on year (see GWR Sees Radio Revenues Up By 8% In 2003).Healthy trading in… Continue reading Sharewatch: GWR Rises Following Optimistic Results
The Institute of Practitioners in Advertising has announced the appointment of Jo Rigby, head of research at OMD UK, as chairwoman of its newly renamed Media Research Advisory Group.The group, previously known as the Press Research Advisory Group, made the name change to demonstrate more clearly their full remit, which encompasses all non-television media including… Continue reading Rigby To Head IPA’s Media Research Advisory Group
London-based radio station Xfm has announced a year-long partnership with Carling that will see the drinks brand sponsor a range live music events and fund programming on the alternative music station.The six-figure deal includes brand advertising, programming initiatives, promotion of Carling’s own events and a quarterly one-hour branded programme to showcase artists from Carling’s sponsored… Continue reading Xfm Secures Carling As Live Music Sponsor
Television news provider ITN has secured the rights to provide rail passengers with up to the minute news, sport and weather information through a new on-board network being rolled out across the country.The service, which is broadcast to trains using a wireless network, will be shown on six screens and through audio systems installed in… Continue reading ITN Gives Train Passengers News On The Move
GWR Group, owner of Classic FM, is expecting analogue radio revenues to grow by 8% year on year for the twelve months to 31 March, following a strong performance from national revenue in the final quarter.The group says that revenues for its financial Q4 will be up by 7%, with national spend jumping by 13%… Continue reading GWR Sees Radio Revenues Up By 8% In 2003
Digital TV in European households is expected to rise by 24% in 2004 to 39.5 million says the media information company, Informa Media Group. The European Television report says that the main reason for the expected upsurge is that cable and satellite companies have managed to consolidate both resources and debts. Pulling resources in this… Continue reading Digital TV To Hit 40m European Homes
Viacom Outdoor has secured the exclusive £5 million contract to sell advertising on Chiltern Railways in a move that marks the company’s third rail contract to be snatched from rival Maiden Outdoor.The long-running contract will see Viacom Outdoor take control of advertising sales within the rail operator’s portfolio of thirty stations and on board its… Continue reading Viacom Outdoor Snatches Third Rail Contract From Maiden
As a growing number of advertisers question the effectiveness of the traditional advertising model, many are increasing their commitment to the challenges of interactive television (iTV) advertising says interactive consultancy, Brightline Partners. Many advertisers are finding creative ways to offset the challenges of this relatively new market, in order to minimise the cost of campaigns… Continue reading iTV Provides Opportunities For Advertisers
Hollywood media mogul Haim Saban is understood to have entered the race to take control of the of the Daily and Sunday Telegraph from beleaguered newspaper company Hollinger International.Reports suggest the Israeli billionaire behind the Mighty Morphin’ Power Rangers is ‘seriously interested’ in acquiring the assets of Hollinger International, which also include the Jerusalem Post,… Continue reading Israeli Billionaire Enters Race For Telegraph Titles
