Gannett, the largest newspaper publisher in the US, has announced a 6.7% increase in second quarter earnings, boosted by stronger advertising at its UK operations. The company, which has a portfolio of 100 daily newspapers in the US, including USA Today, reported that profits grew to $324.3 million from $303.9 million in Q2 2002. Similarly,… Continue reading Gannett Revenues Bolstered By Newsquest Sales
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United Pan-Europe Communications, the largest cable television company in Europe, has taken a step closer to emerging from bankruptcy after the Dutch attorney general advised the supreme court to reject a creditor appeal blocking the move. Earlier this year, UPC’s restructuring programme was approved by shareholders (see UPC On The Road To Recovery) and the… Continue reading UPC Ready To Emerge From Bankruptcy
US newspaper groups Dow Jones and New York Times Company have both reported Q2 advertising revenue figures slightly ahead of Merrill Lynch analysts’ expectations. NYT saw advertising revenues rise by 3.3% to $480 million during the quarter, $3 million better than analyst forecasts. However, whilst circulation revenues rose by 4.4% to $221 million, this was… Continue reading US Newspaper Publishers See Some Ad Gains
The ASA has slammed BT for using the words ‘Public Notice’ in a national press ad for its new directory enquiries service.Communications regulator Oftel and members of the public complained the use of that particular strapline misleadingly implied that the ad was an announcement from a public authority.The ad stated: “Public Notice. BT directory enquiries… Continue reading ASA Slams BT For Misleading Directory Enquiries Ad
BSkyB was seen in focus yesterday, up 1.37% following speculation it is to make a £1 billion bid for the rights to all Premiership football matches (see BSkyB Bids To Retain Premiership Prize).Elsewhere, investors considered reports that Publicis is to make a deal with investment fund Active Value to take-over Cordiant. However, some analysts have… Continue reading Sharewatch: BSkyB Rises After News Of Football Rights Bid
Gloomy news emerged earleir this week with the latest edition of the IPA’s Bellwether Report, which shows that more marketers are reducing their budgets than are increasing them.The report, published today, found that 29% of companies questioned are revising their current budgets downwards, with just 18% reporting an upward revision. This leaves a net balance… Continue reading Feature: Outlook Remains Uncertain For UK Marketers
Plans to bring an end to food and drink advertising during children’s TV programmes have suffered a set back after the Bill proposing the ban was dropped due to a lack of Parliamentary time.The Ten-Minute Rule Bill, put forward last year by Labour MP Debra Shipley (see ISBA Condemns Calls To Restrict Pre-School TV Advertising),… Continue reading Set Back For Plans To Ban Food Advertising To Children
The European Commission has called on its member states to introduce new rules to outlaw spam and has highlighted the need for more international co-operation in the fight against unsolicited commercial emails.Commissioner for Enterprise and the Information Society, Erkki Liikanen, said that new EU rules for a pan-European ban on spam were a priority and… Continue reading European Commission Reinforces Need For Ban On Spam
DoubleClick has launched a new service to allow online advertisers create and monitor rich media ads.The new DART Motif service, created with Macromedia, will enable internet publishers and marketers to simplify their rich media advertising.Over thirty clients including MTV and OMD Digital have already signed up to use the new technology, which promises increased efficiency,… Continue reading DoubleClick Unveils New Rich Media Product
The Premier League could face investigation by European competition regulators if it accepts an all-encompassing £1 billion bid for live Premiership rights from BSkyB, according to press reports.Friday saw the deadline for bids to show Premiership football for three years from the 2004/5 season. In a bid to appease the authorities in Brussels, the Premier… Continue reading BSkyB Bids To Retain Premiership Prize
