Carlton communications was the big story in the market yesterday as the it finally bowed to shareholder pressure and accepted that Michael Green should not take the role of chairman designate at the newly merger ITV plc. The stock was seen up 3.39%.However, reports that Carlton directors have told shareholders they were wrong to force… Continue reading Sharewatch: Carlton Rises As Green Is Ousted
The Observer is launching a television and radio advertising campaign to support the latest edition of its Body Uncovered series.The new supplement follows the success of the paper’s Crime Uncovered magazine and examines the relationship we have with our bodies. It includes a range of content dedicated to health and wellbeing, as well as the… Continue reading The Observer Promotes Body Uncovered Supplement
Concerns are growing that the dispute between shareholders and ITV’s management designate could flare up again over the the terms of Charles Allen’s pay contract with the newly merged company. An influential group of institutional investors yesterday forced Carlton boss Michael Green to relinquish his role as chairman of the ITV company that will result… Continue reading Allen Deal Could Spark Fresh Shareholder Dispute
Cautious optimism in the media and advertising markets has become ‘reduced pessimism’ in the latest Bellwether report from the IPA. The Q3 2003 survey shows that on the whole marketing budgets are still being cut, but by fewer companies than in the previous report*.As with most previous Bellwether reports, the predominant response from marketers is… Continue reading Feature: Reduced Pessimism Despite Continued Cuts
Future Network has increased its influence in the videogames magazine market by reaching a deal to acquire Computec Media UK for £3.2 million. CMUK publishes the unofficial Playstation magazine, PSW, which has an average monthly circulation of more than 50,000, and Xbox World, which has sales of over 25,000 copies a month. Under the terms… Continue reading Future Expands Games Magazine Portfolio
BARB’s decision to appoint Bjarne Thelin, director of planning at Carlton Television, to succeed Caroline McDevitt as chief executive of the audience research body has come as a major surprise to senior industry figures.It had been expected that the job would be handed to Hugh Johnson, head of commercial marketing and research at Channel 4,… Continue reading Eyebrows Raised Over New BARB Chief Executive
International sales helped to boost pre-tax profits at magazine publisher Haymarket by 22% in 2002, the company has announced. Haymarket said the figure rose from £20.4 million in 2001 (see City News) to £24.9 million last year. Group revenues totalled £172.3 million, up 6.8% overall. The company publishes more than fifty business and consumer magazines… Continue reading Haymarket Reports Growth In Profits
Emap has announced that Michelle Garnett will become the new editor of its flagship teen gossip title Sneak, which launched in April last year.Garnett, who was previously deputy editor of Sneak, has been acting editor of the celebrity focused title for the past six months.Prior to joining Sneak, Garnett was editor of worldpop, where she… Continue reading Emap Hopes To Boosts Sneak With New Editor
The future of radio as a medium is under threat unless it goes digital, according to the BBC’s director of radio and music, Jenny Abramsky. Speaking at a National Association of Broadcasters conference yesterday, Abramsky warned against the dangers of taking radio for granted in a future were the next generation of listeners face more… Continue reading Abramsky Claims Future Of Radio Is Under Threat
Carlton Communications has bowed down to shareholder pressure by announcing that Michael Green will step down as chairman designate of the newly merged ITV company.The broadcaster confirmed that Green has reluctantly given in to continued calls from a coalition of city institutions for him to relinquish his role at the helm of the company that… Continue reading Green Relinquishes Roles As ITV Chairman Designate
