There is a broadly positive sentiment coming from companies in the media and advertising industry, with US groups remaining more bullish than the Europeans, according to Merrill Lynch‘s TMT Conference, held in London last week. European companies remain relatively upbeat, despite the fairly depressed conditions here. The broker says that declines in most areas appear… Continue reading Media Conference Finds Upbeat Sentiment
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Global newspaper circulation witnessed its first decline in five years during 2002, down slightly by 0.4% on 2001, according to the World Press Trends report just published by the World Association Of Newspapers (WAN).Also On MediaTel Insight Today…US Investor Linked With ITV AcquisitionThere could be a fresh twist in the ongoing ITV merger saga with… Continue reading MediaTel Insight: Newspaper Sales Dip
Week on week analysis of the media sector reveals a fall of 3.45% for Cordiant Communications, which has been in crisis after losing one of its key clients (see Cordiant Bounces Back As Short-Term Funding Is Agreed). However, things could be looking up for the troubled advertising group, which is today expected to announce that… Continue reading Sharewatch: Cordiant Down But Talks To Begin With WPP
The UK Government has warned publishers that a significant number of magazines and websites will face tough competition as a result of electronic advances in the public sector. The current administration is committed to ensuring that all Government services are available online by 2005. This is likely to have ramifications in a range of areas,… Continue reading EGovernment Strategies Pose A Threat To Publishers
Month on month analysis of the latest ABC circulation figures for May reveals a mixed picture of the national newspaper market, as consumers appeared to turn their back on newspapers following the climax of the conflict in Iraq.Last month’s big story was the Daily Mirror, which experienced the most significant actual increase in circulation. The… Continue reading ABC National Newspaper Round-Up – May 2003
Ailing advertising group, Cordiant Communications, is to make another disposal of its non-core assets in an attempt to lighten the load of a £200 million debt burden, ahead of a likely sale of the group (see Cordiant Committed To Buyout Strategy). It is to sell its 77.3% stake in German advertising and marketing company, Scholz… Continue reading Cordiant Offloads Scholz As WPP Moves In
Conditions in the first five months of this year have led Don Cruickshank, chairman of SMG, to be cautious about the remainder of the media group’s year, according to the company’s AGM on Friday.Cruickshank told the meeting that a recovery which began in the second half of last year, began to stall in the early… Continue reading SMG Sees No Material Advertising Recovery Until 2004
Global newspaper circulation witnessed its first decline in five years during 2002, down slightly by 0.4% on 2001, according to the World Press Trends report just published by the World Association Of Newspapers (WAN). The downturn in the global economy after a number of boom years has taken its toll on the newspaper industry, with… Continue reading Global Newspaper Sales Dip For First Time In Five Years
There could be a fresh twist in the ongoing ITV merger saga with stories emerging over the weekend indicating a takeover attempt for both Carlton Communications and Granada. According to a report in the Sunday Times, the US billionaire Haim Saban and the private equity group Apax Partners have a well-advanced plan to buy into… Continue reading US Investor Linked With ITV Acquisition
The Mail On Sunday has appointed Simon Davies as its new advertising sales director, following the departure of Sue Dear, who left the group last week.Davies, who will take over the role with immediate effect, was previously advertising sales director at Ireland on Sunday, which is also owned by Associated Newspapers. In his new position… Continue reading Davies Takes On Ad Director Role At Mail On Sunday
