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
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Carlton and Granada have reportedly proposed directly linking advertising rates with audience figures in an attempt to save their planned £2.7 billion merger. According to reports in The Times, the offer is part of a final round of trading between the ITV companies and the Competition Commission in a last ditch attempt to gain approval… Continue reading ITV May Link Advertising Rates To Audience Figures
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 today. 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
While ITV powerhouses Carlton and Granada remain embroiled in a protracted struggle to save their merger plan (see ITV Merger ‘May Not Go Ahead’ Finds Morgan Stanley), the minority TV groups are going quietly and efficiently about their business. Ulster Television’s AGM took place today and shareholders have been be told that the group remains… Continue reading Ulster TV Outperforms ITV In First Quarter
Spanish language network television continued to outperform the US advertising market in the first quarter of the year, showing growth of 19.5% over Q1 2002, according to estimate figures from TNS Media Intelligence/CMR. The group reports that overall media spend rose by 4.9% to $28.5 billion in the quarter, with just two categories – network… Continue reading US Adspend Grows 5% In First Quarter, Says CMR
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 today. 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
Readership, distribution and advertising remain primary concerns for the future of newspapers across the globe, according to a new study from the World Association of Newspapers (WAN). The survey, carried out by the Innovation International Media Consulting Group, canvassed the opinions of forty newspaper association executives in 33 states. Although the world’s press differs politically… Continue reading Press Leaders Agree On Priorities, Says Survey
Satellite is now making significant inroads in the United States and new figures indicate that cable’s domination of the multichannel market could be soon be a thing of the past. The Television Bureau of Advertising (TVB) reports that national ADS penetration reached 17.0% in May 2003, up from 15.1% at the same time last year.… Continue reading Satellite Making Its Mark In America
WPP was seen in focus, slipping 0.54% as shareholders continued to express concerns over chief executive, Sir Martin Sorrell’s three year pay deal.Meanwhile troubled advertising group Cordiant continued to fall, down 6.45%, as analysts warned the group’s estimated £200 million of debt may scupper its plans to seek an ‘industry partnership’.Elsewhere, Cable and Wireless was… Continue reading Sharewatch: WPP Falls On Shareholder Unrest
Alban Communications has come together with International Poster Management to launch a new outdoor buying point called Helix.The move follows the sale of Alban’s stake in Outdoor Connection to Poster Publicity, which following the acquisition of OMD’s share, now controls two thirds of the outdoor planning and buying company.The joint venture company will handle the… Continue reading Alban Launches UK’s Second Largest Outdoor Buying Point
