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WCRS, the agency that devised the high-profile 118 118 directory services campaign, is reported to be on the verge of agreeing a £20 million management buyout from French advertising network Havas. It is understood that WCRS managers, who have been in talks to gain independence from Havas for some time, will buy a majority stake… Continue reading WCRS Close To Finalising £20 Million Buyout From Havas

Channel 4 chief executive, Mark Thompson, has ruled out the privatisation of the broadcaster just weeks after appointing financial advisers to explore the logistics of a potential merger with Five.The debate surrounding Channel 4’s future came to the fore earlier this month following reports that Thompson and Lord Hollick, chairman of United Business Media, the… Continue reading Thompson Rules Out Privatisation For Channel 4

IPC Ignite, the music and men’s magazine division, has appointed Victoria Smith to role of cross-media solutions manager with responsibility for generating media owner partnerships.The newly created role will see Smith charged with forging new partnerships for the IPC Ignite brands, which include from established magazines such as Loaded, Uncut and NME, as well as… Continue reading IPC Ignite! Appoints New Cross-Media Manager

Telewest performed well in week on week analysis, climbing by 14.29% after announcing dramatically reduced losses during 2003. Stocks inched up by just źp in real terms, representing the first rise for the embattled cable provider since January.The company operator announced on Friday that losses were down from £2.2 billion in 2002 to just £272… Continue reading Sharewatch: Telewest Surges Following Reduced Losses

Heinz and Sony have been revealed as the UK’s most remembered brands ahead of some of the best known international names, which failed to get mentioned in the latest Brand Check Survey.The research shows that Sony has regained strength to draw level with Heinz, which has almost consistently been the best-remembered brand since market research… Continue reading Heinz And Sony Are Most Remembered UK Brands

Ulster Television (UTV) continued to outperform ITV in terms of advertising in 2003, with its revenues rising by 2.1% whilst ITV’s fell by 3.4%. This gave UTV a record annual share of ITV advertising of 2.4%, according to the company’s full year results released this morning.The group expects television ad revenues to rise by a… Continue reading Ulster TV Sees Airtime Revenues Up 10% In Q1 2004

More voices were added to the cry of ‘recovery’ during February as a number of global advertising agencies posted upbeat figures and trading outlooks. Omnicom, which owns BBDO Worldwide and TBWA, said that its worldwide revenues rose by 18.3% during Q4 2003. Across the full year they were up by 14.4%. Omnicom says that the… Continue reading INSIGHTanalysis: Media Healthcheck – February 2004

UK cable operator, Telewest Communications, dramatically reduced its losses during 2003 as the benefits of its financial restructure and a return to focus on customer relationship have begun to bear fruit. Losses at the company were down from £2.2 billion in 2002 to just £272 million last year. Group operating loss was reduced from £1.9… Continue reading Telewest Turns The Corner As Loss Declines

A poor day’s trading yesterday left all but four media stocks with negative growth. Scottish Radio made the largest climb, inching up 1.51% to close at 944p and Pearson managed a nominal 0.58% increase to 606p following pre-tax profits of £410 million posted last week (see Losses Widen At FT And The Outlook Remains Uncertain).Maiden… Continue reading Sharewatch: SMG Tumbles Amid Bad Day Of Trading

UK cable operator, Telewest Communications, dramatically reduced its losses during 2003 as the benefits of its financial restructure and a return to focus on customer relationship have begun to bear fruit.Losses at the company were down from £2.2 billion in 2002 to just £272 million last year. Group operating loss was reduced from £1.9 billion… Continue reading Telewest Turns The Corner As Loss Declines