UK private equity firm, Candover is understood to be preparing a bid for Hollinger International’s Telegraph Group.According to reports in today’s Times, Candover has expressed an interest in Hollinger’s London division which owns The Daily Telegraph and The Sunday Telegraph.It is believed that Chris Oakley, the former editor in chief of the Birmingham Post is… Continue reading Candover Prepares Telegraph Bid
Economic conditions are ripe for a spurt in advertising and global spend is set to rise by 5.0% next year, up from 2.1% in 2003, according to updated forecasts from Merrill Lynch.Also On MediaTel Insight Today…Asia-Pacific Broadband Forecasts From eMarketerChina and Japan will be the leading broadband countries in Asia-Pacific by 2005, according to forecasts… Continue reading MediaTelINSIGHT: Ad Growth To Accelerate In 2004
Online analysis group, Dynamic Logic has appointed Joao Neves as its first research manager reflecting the growing importance of research to the industry.Joao Neves joins from Pre-Diction, where she was European head of research and director of operations and pioneered brain imaging technology to assess the effectiveness of marketing communications.Prior to that, Joao was Senior… Continue reading Dynamic Logic Appoints First Research Manager
Trading conditions in the third quarter of 2003 were difficult but there are signs of an upturn in market confidence in 2004, according to Chime Communications. The advertising and PR firm said today that many clients had reduced expenditure during the hot summer and there has been a delay in the anticipated recovery. The public… Continue reading Chime Sees Improved Year Ahead
UK private equity firm, Candover is understood to be preparing a bid for Hollinger International’s Telegraph Group. According to reports in today’s Times, Candover has expressed an interest in Hollinger’s London division which owns The Daily Telegraph and The Sunday Telegraph. It is believed that Chris Oakley, the former editor in chief of the Birmingham… Continue reading Candover Prepares To Mount Telegraph Bid
The Federal Communications Commission is set to approve News Corporation’s takeover of DirecTV with conditions to prevent it exploiting its market position. In April, Rupert Murdoch’s company agreed to pay General Motors $6.6 billion for a 34% stake in Hughes Electronics, which owns DirecTV (see Murdoch Seals Acquisition Of DirecTV). Concerns were raised that control… Continue reading Murdoch Awaits Go Ahead On DirecTV Deal
Reed Elsevier said today that it was on track to deliver on its target of double-digit earnings growth but the company is bracing itself for a slowdown in 2004. Profits at the Anglo-Dutch publisher rose by 3% in the first half of 2003 (see Reed On Target As Profits Rise In H1) and its market… Continue reading Reed Cautious On 2004 Prospects
Carlton was seen up yesterday as investors considered the likely cost-savings of its planned merger. The stock was seen up 1.94%.Elsewhere, investors considered reports that US media giant Viacom is planning to offload Blockbuster, its video rental chain, to a group of private equity buyers.Broader market sentiment was further boosted by further economic data which… Continue reading Sharewatch: Carlton Rises As Merger Moves On
Viacom Outdoor has snatched the GNER advertising sales contract from Maiden Outdoor, in a move that has dealt a blow to its rival’s core railway station business.The new seven-year deal, which begins in January, represents the first rail contract for the company, which has been looking to expanding into the sector for sometime.It includes the… Continue reading Viacom Outdoor Swipes GNER Contract From Maiden
Outdoor advertising continued to perform strongly in the three months to September with revenue increasing by 6.6% year on year to more than £195 million, according to the latest figures from the Outdoor Advertising Association.The data for the third quarter represents an increase of 9.5% for the first nine months of the year and shows… Continue reading Q3 Gain Makes Outdoor The UK’s Fastest Growing Medium
