The French media group Vivendi has announced a reduction in losses for the first six months of 2003 as it seeks to extricate itself from a severe debt crisis. The company said yesterday that net debt was down to Â13.7 billion from more than Â35 billion this time last year following the sale of a… Continue reading Vivendi On The Comeback Trail, Fourtou Targets Profit
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BSkyB remained in focus yesterday, down 0.55% as investors voiced concerns over plans to replace the satellite broadcaster’s outgoing chief executive, Tony Ball, with Rupert Murdoch’s 30 year-old son, James (see BSkyB Confirms Ball To Step Down As Chief Executive).However, reports suggest Murdoch’s planned succession may not go smoothly. Investors representing Britain’s largest company pension… Continue reading Sharewatch: BSkyB Falls On New Chief Executive Concerns
Clear Channel has launched the UK’s first live musical billboard to raise awareness of the Royal Scottish National Orchestra’s drive to promote classical music to a younger audience.The 64-sheet billboard is currently erected in Glasgow and features a violinist, a cellist and a horn player performing on a platform in front of a poster showing… Continue reading Clear Channel Launches UK’s First Live Musical Billboard
Advertising in Britain’s national newspapers appears to be showing tentative signs of recovery, with the sector’s number of monthly advertising pages showing a nominal 1.4% year on year increase during the twelve months to August 2003.The weaker than expected business conditions and the war in Iraq continue to weigh heavily on the market, but the… Continue reading Feature: Fortunes Improve For Newspaper Advertising
GWR’s sales house Opus has secured a £2 million deal to promote the Carphone Warehouse on Classic FM, in its biggest sponsorship agreement to date.The six-month deal represents the first time a sponsorship and promotion has run simultaneously across Classic FM’s radio, television, online and magazine platforms.The airtime activity will see the Carphone Warehouse sponsor… Continue reading Opus Secures Biggest Ever Ad Deal For Classic FM
BSkyB is launching a global search to find a new chief executive, amid fierce speculation that Rupert Murdoch intends to install his youngest son in the position.The satellite broadcaster’s nomination committee is understood to have called in head-hunters to draw up a list of potential candidates to replace Tony Ball, who announced on Tuesday that… Continue reading BSkyB To Launch Global Search For New Chief Executive
Outdoor advertising group Mega Profile is launching a campaign to promote Bosch power tools across its portfolio of giant banner sites.The campaign, planned by Mediaedge:cia and bought by Portland Outdoor, will run across sites covering scaffolding on major building projects in six city centres across the country. It will feature the strapline: “Beaten By Nothing”.Giant… Continue reading Mega Profile Secures Bosch For Giant Banner Campaign
The Independent has revealed that the planned tabloid edition of its daily newspaper will launch to commuters in the London metropolitan area next Tuesday.NewsLine can reveal that the new downsized format will sell alongside the existing broadsheet edition and will carry identical content and advertising in an attempt to target consumers looking for an upmarket… Continue reading Independent Reveals Details Of Tabloid Launch
Almost 1.7 billion person to person text messages were sent across the UK’s four GSM networks during August, according to the latest figures from the Mobile Data Association (MDA).The recent heatwave did little to prevent mobile phone users from turning to text and an average of 55 million SMS messages were sent each day during… Continue reading Text Messaging Craze Hots Up During August
Capital Radio is expecting a 4% fall in like for like airtime advertising revenues for the year ending 30 October, despite a gradually improving environment. Meanwhile, rival radio company, GWR Group, says its Local Radio Group is trading strongly, whilst Classic FM revenues remain volatile.Capital’s airtime revenues were down by 6% in the quarter to… Continue reading UK Radio Groups See Slight Upturn In Uncertain Market
