More Industry News articles

Beleaguered cable operator Telewest has announced the resignation of its group managing director, Charles Burdick, after less than two years at the company’s helm.Burdick, who steps down with immediate effect, will stay on as a consultant to the company until the completion of its financial restructuring, but will then relinquish his directorship to pursue other… Continue reading Burdick Steps Down As Telewest Managing Director

ITV Sales has announced the appointment of Gary Knight as head of sponsorship and branded content following the completion of Carlton and Granada’s multibillion pound merger earlier this month.Knight takes up the position at the newly created company with immediate effect after having moved from Granada Enterprises, where he has been executive director of commercial… Continue reading ITV Sales Appoints Knight To Lead Sponsorship Division

Proposals by Ofcom to introduce a range of new community radio stations across the UK are being met with criticism from commercial radio companies and industry bodies.The new super-regulator plans to launch a number of not-for-profit stations that will be funded by Government grants and advertising revenue. The community radio projects will provide services for… Continue reading Ofcom Out Of Tune Over Community Radio Proposals

Media stocks rose yesterday following an announcement by Reuters of underlying profits ahead of market expectations (see Reuters Results Beat Expectations As Profit Returns).The company jumped 18.41% higher to close at 429źp and other media companies followed. Emap rose 2.79% to 920p and Pearson, owner of the Financial Times, climbed 3.33% to finish at 605p.Regional… Continue reading Sharewatch: Reuters Results Fuel Media Stock Upsurge

Viacom Outdoor has secured the lucrative £3 million contract to sell advertising on train operating company, Mersey Rail, following a competitive pitch against rival, Maiden Outdoor.The win comes less than two months after Viacom Outdoor snatched the seven-year GNER sales contract from Maiden, in a move that brought an end to its rival’s monopoly of… Continue reading Viacom Snatches Mersey Rail Contract From Maiden

The Government looks increasingly likely to meet its target of switching off the analogue signal by the end of this decade following news that the number of British homes with access to digital television has topped the 10 million mark for the first time.The latest Trends In Television Report from the Institute of Practitioners in… Continue reading Digital Television Tops 10 Million Homes For First Time

Business press advertising expenditure in the US rose by 1.1% during November, although page volumes were down by 3.7%, according to the latest data from American Business Media (ABM). In the year to date spend was up slightly by 0.6% and pages were down by 3.5%. “We are encouraged by the performance of the telecommunications… Continue reading US Business Press Advertising Nudges Up 1% In November

Further signs of an improving advertising economy emerged yesterday as Omnicom Group, the world’s largest agency network, announced that its net income jumped by 10% to $221.3 million in the fourth quarter of 2003.The group, which owns BBDO Worldwide and TBWA, said that worldwide revenues were up by 18.3% to $2.5 billion. Revenue growth in… Continue reading Omnicom Posts 18% Revenue Rise As Markets Improve

Further signs of an improving advertising economy emerged yesterday as Omnicom Group, the world’s largest agency network, announced that its net income jumped by 10% to $221.3 million in the fourth quarter of 2003. The group, which owns BBDO Worldwide and TBWA, said that worldwide revenues were up by 18.3% to $2.5 billion. Revenue growth… Continue reading Omnicom Posts 18% Revenue Rise As Markets Improve

The global market for mobile phones continued to grow in the fourth quarter of 2003, with shipments reaching a record high of 167.8 million units, up 29.7% year on year, according to IDC. The fourth quarter closed a particularly strong year for the worldwide mobile phone market as handset sales topped half a billion units… Continue reading Global Mobile Shipments Jump 23% In 2003