Reuters said today that revenue declines at the company have slowed and management is satisfied that the period of contraction is over. The global information company saw revenues fall by around 11% last year as demand for subscription services slumped (see Reuters Results Better Than Expected). However, the decline is expected to be no more… Continue reading Reuters Sees Light At The End Of The Tunnel
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Hachette Filipacchi has poached Emap’s Frances Sheen to become editor of its glossy B magazine for women, replacing Gina Johnson who stepped down in October to work on special projects.Sheen was previously deputy editor of More!, where she was brought on board to oversee the magazine’s recent relaunch to take on Condé Nast’s heavy weight… Continue reading Hachette Poaches More! Editor To Head-Up B Magazine
Chrysalis-owned Heart 106.2 has secured a major cross-promotional partnership with Associated Newspapers to plug its biggest ever on-air competition in the Daily Mail and the Evening Standard.The two week ‘Cash Call’ competition will see Heart DJs give away £1,000 in cash every hour between 7am and 7pm to listeners who can identify the missing word… Continue reading Heart Forms Marketing Partnership With Associated
US online retail sales increased by 25% to almost $56 billion in 2003, according to figures from BizRate.com. The shopping search engine estimates that American consumers spent a total of $18.38 billion online in the fourth quarter of which $8.59 billion was outlayed in the month leading up to Christmas. BizRate does not take into… Continue reading Ecommerce Sales Hit New High In 2003
MindShare has secured a deal with Carlton that will see Nestlé Rowntree’s Yorkie sponsor ITV1’s forthcoming interactive special, The Great British Driving Test, which attempts to establish whether men or women are better behind the wheel.The prime-time programme, due to be screened next Monday, features elements of the BBC’s Test The Nation with guests, celebrities… Continue reading Mindshare Secures Yorkie To Sponsor ITV Driving Test
News International has promoted Clive Milner to the newly created role of group managing director of its newspaper division, with a brief to oversee cross-title projects.The new role will see Milner, currently managing director of Times Newspapers Limited, assume responsibility for improving the commercial performance of a range of papers including the Times and the… Continue reading News International Promotes Milner To New Group Role
IPC has secured a number of high-profile advertising partners for the £8 million launch of its new men’s lifestyle magazine, Nuts, which is being trialed among one million potential readers from today.The title, which has been in development since November 2002, hits the news-stands next week with a mix of sport, news, television and women… Continue reading Advertisers Get On Board As IPC Unleashes Nuts
Advertisers are being warned that too many newspaper campaigns are failing to deliver the required results due to poor quality creative work.Ongoing research carried out by the World Association Of Newspapers claims that the impact of creativity is often underestimated. It calls on advertisers to work harder to ensure the quality of their marketing messages… Continue reading Too Many Newspaper Campaigns Fail To Deliver
Evidence of growth in the European digital TV market is reflected in interim results from Pace Micro Technology which show the company to be operating profitably again.A slump in sales of set-top boxes resulted in pre-tax losses of £16 million in the last financial year (to May 31 2003) but business picked up in the… Continue reading Pace Micro Technology Rides The Digital Wave
Conrad Black’s position at Hollinger has become even more precarious following the resignation of a key executive this week.Peter Atkinson has stepped down from his role as a director and officer, becoming the latest in a line of board members to quit since a controversy over unauthorised executive payments erupted.It was announced yesterday that Atkinson… Continue reading Prominent Director Quits Senior Hollinger Post
