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Hollinger International, the parent company of the Daily Telegraph, has confirmed that it is pressing ahead with the auction of its newspapers and will welcome any offer from the Barclay brothers.The announcement follows a final order from a US court that prevented Lord Conrad Black from selling his majority stake in Hollinger Inc to the… Continue reading Hollinger Invites Barclays To Join Telegraph Auction

Hollinger International, the parent company of the Daily Telegraph, has confirmed that it is pressing ahead with the auction of its newspapers and will welcome any offer from the Barclay brothers. The announcement follows a final order from a US court that prevented Lord Conrad Black from selling his majority stake in Hollinger Inc to… Continue reading Hollinger Invites Barclays To Join Telegraph Auction

Speaking at yesterday’s ISBA Conference and expressing his personal rather than corporate view, Garry Lace, CEO of Grey, predicted that the next five years would see many more privately-owned agencies and privately-owned networks.He said: “The holding companies have traded too much on price and not invested in people and talent, they will not be able… Continue reading Privately Owned Agencies To Make a Strong Comeback

French advertising giant Havas posted a larger than expected net loss during 2003 as the costs of its radical restructure mounted. The company, which includes UK agency MPG in its portfolio, posted net losses of €396 million, compared to a net profit of €23 million in 2002.Revenue for the year was down 17.2% at €1.6… Continue reading Havas Posts Larger Than Expected Loss As Costs Mount

ITV has secured Cereal Partners brand Cheerios as the exclusive broadcast sponsor of the forthcoming series of Stars In Their Eyes: Kids 2004.The deal, which was brokered by ITV Sales and Universal McCann, includes full broadcast sponsorship of the popular Saturday peak-time family show, as well as extensive telephony branding.Stars In Their Eyes: Kids 2004… Continue reading ITV Secures Sponsor For Stars In Their Eyes Kids

The newly merged ITV company dipped by 1.10% yesterday to settle at 134žp following publication of its first financial results since the multi-billion pound merger was completed last month. The company announced a fall in advertising revenue for 2003, but revealed signs of improvement during the first quarter of this year (see ITV On Target… Continue reading Sharewatch: ITV Dips Following Post-Merger Results

New research from the Branded Content Marketing Association estimates that branded television content will quadruple by the end of 2004 as advertisers search for more cost effective ways to promote their products. The research, which was conducted across major terrestrial and non-terrestrial broadcasters, found that the £5 million spent on branded programming last year could… Continue reading Advertiser Funded Television To Take Off In 2004

Broadband Britain came a step closer yesterday with the announcement that NTL has become the first internet service provider to have over one million UK homes connected to broadband.The milestone achievement will give encouragement to BT and Telewest, which recently launched cut price broadband packages aimed at attracting the large numbers of dial-up customers normally… Continue reading NTL Announces One Million UK Broadband Homes

Merrill Lynch has upgraded its ad revenue forecast for ITV after the newly-merged TV giant said it has seen “positive signs” in the market. In ITV’s first financial results release yesterday (see ITV On Target To Save £100 Million From Merger), the company said it expects ITV1 advertising in the first quarter of 2004 to… Continue reading Merrill Lynch Upgrades ITV Ad Forecasts

Five has announced two senior appointments in a bid to replace defecting sales director, Nick Milligan, who is leaving to become managing director of BSkyB’s advertising sales operation.Mark White and Kelly Williams have both been promoted from within Five’s existing sales team and will now sit on the broadcaster’s board of directors. White, formerly Milligan’s… Continue reading Five Replaces Milligan With Two Internal Promotions