December saw a marked increase in activity at leading agencies as the account pipeline remained strong. There were a number of significant wins for Publicis which clinched the Lehman Brothers 2003 New Business Title.Also On MediaTel Insight Today…More Americans Taking The Broadband RouteGrowth in US internet usage has slowed in recent years but demand for… Continue reading MediaTel Insight: Publicis Tops 2003 New Business League
Centaur Communications is to be sold and floated on the Alternative Investment Market, it has been confirmed. Numis, the UK investment bank and stockbroker is to buy the publisher and conference organiser and immediately sell it on the AIM, a process known as an accelerated initial public offering. The deal, which is said to be… Continue reading Numis To Orchestrate Centaur Flotation
SMG has taken the decision to sell its 27.8% stake in Scottish Radio Holdings to Emap in a deal worth £90.5 million. The shareholding was acquired for £150 million at the end of 2000 but SMG has opted to cut its losses and will put the proceeds of the sale towards debt reduction. SRH is… Continue reading SMG Sells Radio Stake To Reduce Debts
The reclusive Barclay Brothers look set to take control of the Daily Telegraph after agreeing a £260 million deal to buy the global newspaper group headed by troubled media mogul Lord Black. The billionaire brothers are understood to have reached an “irrevocable” agreement to take over Hollinger Inc, in a move that will see them… Continue reading Barclay Brothers Agree Telegraph Takeover Deal
Beleaguered cable operator Telewest Communications 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… Continue reading Burdick Steps Down As Telewest Managing Director
Kelvin MacKenzie’s Wireless Group is planning to strengthen its position in the UK local radio market with the acquisition of Forever Broadcasting for £8.1 million. The Wireless Group already controls 16% of Forever Broadcasting, which owns a handful of local radio stations including Tower FM in Bolton, Peak FM in Chesterfield and The Wolf in… Continue reading Wireless Group Secures Forever For £8.1 Million
UK terrestrial broadcasters Channel 4 and Five are believed to have held exploratory merger discussions within the last six months. Reports suggest that Channel 4 chief executive Mark Thompson and Lord Hollick, chairman of United Business Media, the minority shareholder in the Five network, have met to discuss the possibility of integration. It had been… Continue reading Channel 4 And Five In Discussions Over Possible Merger
WPP was seen in focus yesterday rising 5.19% to close at an eighteen month high. The global advertising and marketing group has been boosted by renewed talk of an economic recovery on both sides of the Atlantic with ZenithOptimedia and Universal McCann upgrading their global advertising forecasts for 2004.Meanwhile, Reuters was seen up 0.63% after… Continue reading Sharewatch: WPP Boosted By Positive Advertising Forecasts
With broadband coverage now almost complete in the UK, the priority should be to encourage greater uptake of the technology, according to a prominent BT figure.Speaking to an audience of local government and regional development organisations in London yesterday, Patricia Vaz, BT regional director for the South East, iterated that the telecoms giant was fully… Continue reading BT Pushes For Increase In UK Broadband Uptake
Maiden Outdoor has successfully retained the lucrative three-year rail advertising contract for South East Trains.The deal includes the rights to sell a range of outdoor panels and posters at key stations along the South East line such as Waterloo East, Orpington, Bromley, Tonbridge, Lewisham and Sevenoaks.The contract represents a key win for Maiden as South… Continue reading Maiden Secures South East Trains Sales Contract
