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Fourteen years of gradual consolidation of the ITV Network this morning came to fruition, with the long-awaited merger of Carlton and Granada to create a single ITV company worth more than £5 billion. ITV plc made its first appearance on the Stock Exchange today with a share price of 143½p. Shares in Carlton and Granada… Continue reading INSIGHTanalysis: ITV plc

Yahoo! UK & Ireland has doubled the size of its UK sales operations with the launch of a strategic agency team that will work to double advertising revenue over the next twelve months.The company has recruited staff from a number of traditional media companies, including Emap, Viacom and ZenithOptimedia, to create a team that will… Continue reading Yahoo! Doubles Sales Operations With New Agency Team

Fourteen years of gradual consolidation of the ITV Network have finally come to fruition with the long-awaited merger of Carlton and Granada creating a single ITV company worth more than £5 billion.ITV plc made its first appearance on the stock exchange this morning with a share price of 143˝p. Shares in Carlton and Granada were… Continue reading ITV Enters New Phase With Merger Completion

Maiden saw a “very clear recovery” in sales demand in the second half of 2003, and expects full year pre tax profits to reach between £5.3m and £5.5m. In an upbeat trading report the outdoor advertising group said that revenues strengthened considerably throughout the year, and sales were particularly good in the final five months.… Continue reading Maiden Reports “Very Clear Recovery” In Second Half Of 2003

Maiden saw a ‘very clear recovery’ in sales demand in the second half of 2003, but it expects full year pre tax profits to be lower than forecast, at between £5.3 million and £5.5 million. Analsyts had predicted the company’s profits to reach between £6 million and £6.7 million. In an upbeat trading report issued… Continue reading Maiden Issues Profits Warning

The majority of UK communications agencies are now more optimistic about the business climate than they were three months ago, according to new research from the Communications Agencies Federation.The latest Agency Barometer survey shows that a total of 65% of agencies and consultancies have increased their income forecasts for the coming year, compared to just… Continue reading UK Agencies Now More Optimistic About Business Climate

Hollinger International, the holding company of Hollinger Inc, has rejected a takeover approach by the Barclay brothers, which would have valued the company at $1.4 billion. It is believed to have rejected the deal because the 20% premium the Barclays offered was not high enough. The brothers have already agreed a $400 million deal with… Continue reading Hollinger International Rejects Barclays’ Bid

Hollinger International, the holding company of Hollinger Inc, has rejected an approach by the Barclay Brothers, which would have valued the company at $1.4 billion.It is believed to have rejected the deal because the 20% premium it offered was not high enough.The brothers have already agreed a $400 million deal with Conrad Black to acquire… Continue reading Hollinger International Rejects Barclays’ Bid

Calls for fundamental changes to the way the BBC is governed intensified last night following Greg Dyke’s decision to step down as director general in the wake of the Hutton report.The BBC’s board of governors voted by a margin of two to one to dismiss Dyke, in a move that effectively forced him to step… Continue reading Dyke’s Departure Casts Doubt Over Future Role Of BBC

Capital Radio saw a leap in shares today on the back of a good performance by its flagship station Capital 95.8FM in yesterday’s RAJAR results, but Merrill Lynch analysts are not convinced that the company is out of trouble. The broker described Capital’s regaining of ground in the London market as a “catch-up” rather than… Continue reading Capital Playing Catch-Up, Says Merrill Lynch