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Active Value, the UK investment fund, seems intent on wresting control of Cordiant Communications from WPP, despite being unable to court the support of French advertising group Publicis. In a statement today, Publicis admitted that on Saturday it had met representatives from Active Value who “made a proposal regarding Cordiant and Cordiant’s shareholding in ZenithOptimedia… Continue reading Active Value And Publicis In Talks On Cordiant

Month on month analysis of the latest ABC circulation figures for June reveals a mixed picture of the national newspaper market, which saw overall circulation slip by 0.2%, as the so-called summer silly season kicked in.The majority of titles saw circulation decline with the notable exception of the Sunday Times, which experienced a solid month… Continue reading ABC National Newspaper Round-Up – June 2003

GWR has secured the local digital multiplex licence for Reading and Basingstoke and plans to launch six programme services in the area, in addition to the existing stations.The Radio Authority awarded the 12-year licence to GWR’s wholly owned subsidiary, Now Digital, which proposes to start broadcasting 2-Ten FM, Classic Gold, The Storm, Saga FM and… Continue reading GWR Bolsters Digital Offering With New Multiplex Licence

Developments in the European digital TV market are sparking demand for receivers and a new report from Datamonitor claims that shipments of adaptors are set to increase eightfold over the next four years.Also On MediaTel Insight Today…US Magazine Revenue Grows, But Volumes Down In JuneTotal US magazine advertising revenues rose by 8.5% in June, to… Continue reading MediaTel Insight: 100 Million DTV Devices In Europe By 2007

Troubled advertising group Cordiant Communications was seen in focus yesterday, up 7.14% as Nahed Ojjeh, the Syrian-born chess promoter, increased her stake in the group to more than 10% (see Mystery As Chess Queen Raises Cordiant Stake). Investors also considered news that the take-over panel has extended its investigation into the circumstances surrounding a Syrian… Continue reading Sharewatch: Cordiant Rises On Take-Over Struggle

Troubled advertising group Cordiant Communications was seen in focus yesterday, up 7.14% as Nahed Ojjeh, the Syrian-born chess promoter, increased her stake in the group to more than 10% (see Mystery As Chess Queen Raises Cordiant Stake). Investors also considered news that the take-over panel has extended its investigation into the circumstances surrounding a Syrian… Continue reading Sharewatch: Cordiant Rises On Take-Over Struggle

Total US magazine advertising revenues rose by 8.5% in June, to close at $1.6 billion, according to new figures from the Publishers Information Bureau (PIB). However, the number of advertising pages fell by 3.2% year on year to 18,834 due to the uncertain economic environment. In the year to date, advertising revenue closed at $8.6… Continue reading US Magazine Revenue Grows But Volumes Down In June

BT has revealed an increase in the demand for high-speed internet access across the UK, which will help to speed-up its drive to bring broadband to 90% of homes and businesses.The telecoms giant is to introduce 56 new exchanges into its broadband upgrade programme and plans to launch 500 new broadband exchanges over the coming… Continue reading BT Reveals Increasing Demand For Broadband

BT has revealed an increase in the demand for high-speed internet access across the UK, which will help to speed-up its drive to bring broadband to 90% of homes and businesses. The telecoms giant is to introduce 56 new exchanges into its broadband upgrade programme and plans to launch 500 new broadband exchanges over the… Continue reading BT Reveals Increasing Demand For Broadband

Viacom Outdoor has secured a sponsorship deal with Highland Spring and VisitScotland to launch a water sampling initiative to prevent passengers overheating on the London Underground.The campaign, dubbed ‘Scotland Underground’, will see 300,000 bottles of specially branded Highland Spring mineral water handed out to thirsty tube travellers at Oxford Circus, Piccadilly Circus, Liverpool Street and… Continue reading Viacom Refreshes Tube Travellers With Highland Spring