The Government’s decision to allow Carlton and Granada to merge without selling off their sales houses has received a mixed reaction from advertisers, who are concerned that a single ITV will exercise too much power in the television advertising market. The Institute Of Practitioners in Advertising has expressed its disappointment at the Department of Trade… Continue reading Advertisers Give Mixed Reaction To ITV Merger
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There was a slight increase in ad demand during September, according to a significant proportion of US media planners and buyers interviewed for a survey by MediaPost and InsightExpress. Mediapost’s Ad Demand Index shows that 44% of those questioned said that demand for ad inventory was higher last month than in September 2002. By comparison,… Continue reading US Ad Demand Grows In September
ITV partners Carlton and Granada were in the spotlight again yesterday after rumours that their £4 billion merger will be allowed to go through without the double divestment of their sales houses. The stocks were seen up 9.17% and 5.37% respectively.The outcome of the merger will be announced later today and analysts claim it will… Continue reading Sharewatch: Carlton And Granada Rise On Merger Speculation
Carlton and Granada saw stocks rise today as the city welcomed news that the ITV partners could go ahead with their planned £4 billion merger without divesting their sales houses.Lorna Tilbian, analyst at Numis Securities, said: “The merger is the best possible outcome and allows ITV to better compete with a strong BBC and BSkyB.”The… Continue reading Carlton And Granada See Shares Rise As City Backs Merger
BSkyB has sold its 9.9% stake in Manchester United for around £62 million, as it continues to cut back its investment in individual football clubs. The satellite broadcaster confirmed today that it had sold its entire stake of 26 million shares in the Premiership champions at £2.39 each. The buyer has been revealed as The… Continue reading BSkyB Offloads Man United Stake
US online retail sales totalled $12.43 billion in the third quarter of 2003, a 24% increase over the same period in 2002, according to shopping search and comparison site BizRate.com. Actual orders grew by 47% to 101 million in the three months to end-September. The average purchase amount was down 15% to $123 compared to… Continue reading Consumer Online Spending Grows In Third Quarter
BBC Radio 1 has announced that Sara Cox is being replaced as host of the station’s flagship breakfast show after listening figures reportedly dropped by half a million.Cox will be replaced by drivetime host, Chris Moyles, who will move into the early morning slot at the beginning of next year.The shake-up will see Cox remain… Continue reading BBC Radio 1 Drops Sara Cox From Breakfast Show
The Telegraph Group has announced that its managing director of sales, Len Sanderson, is to leave the company at the end of this month.The move, which is part of a wider management restructuring at the paper, follows the decision of editor Charles Moore to relinquish his position in order to devote more time to his… Continue reading Telegraph Parts Ways With Managing Director Of Sales
Carlton and Granada saw stocks rise today as the city welcomed news that the ITV partners could go ahead with their planned £4 billion merger without divesting their sales houses. Lorna Tilbian, analyst at Numis Securities, said: “The merger is the best possible outcome and allows ITV to better compete with a strong BBC and… Continue reading Carlton And Granada See Shares Rise As City Backs Merger
Today’s decision by trade and industry secretary, Patricia Hewitt, paves the way for what many regarded as the inevitable creation of a single ITV company, as Carlton and Granada prepare to merge (see ITV Cleared To Merge With Sales Houses Intact). With only behavioural remedies imposed by Hewitt, the two ITV heavyweights have emerged from… Continue reading INSIGHTanalysis: What Next For One ITV?
