Commercial radio groups have warmly welcomed the Government’s decision to allow greater consolidation within the industry through the further liberalisation of the radio ownership regulations. The move to allow a minimum of two radio operators (in addition to the BBC) to operate in a specific local area was announced yesterday by culture secretary, Tessa Jowell.… Continue reading UK Radio Industry Given Further Deregulation
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Highbrow style magazine Wallpaper* has poached GQ’s art director, Tony Chambers, to be its new creative director.Chambers has been art director at GQ for the past five and a half years and is Wallpaper*’s first high-profile signing since Jeremy Langmead was appointed editor (see Wallpaper* Appoints New Editor In Chief). During his time at Condé… Continue reading Wallpaper* Appoints GQ’s Chambers As New Art Director
US media giant, Viacom, is expecting to surpass its earnings estimates for 2003, thanks to a recovery in advertising levels, according to a report on Brand Republic today. The article quotes Viacom’s chief executive, Sumner Redstone, as saying that the current indications bode well for advertising in 2003 and that he believes the market has… Continue reading Viacom Chief Sees Advertising Recovery In 2003
The Interactive Advertising Bureau (IAB), has elected ten new board members, including sales executives from internet search companies Google and BTLookSmart.The additions of Tim Armstrong, Google’s vice president of advertising sales, and Robert Goldberg, the senior vice president of sales and marketing at BTLookSmart, reflect the increasing influence of search-targeted marketing in the online industryPaid-for… Continue reading IAB Board Reflects Growth In Search-Targeted Marketing
Outdoor advertising revenue increased by 5.1% year on year during the third quarter of 2002, according to the latest figures from the Outdoor Advertising Association (OAA). The OAA’s chief executive Alan James describes the figures as ‘steady, rather than rocketing’ and does not anticipate a stronger upswing for at least another twelve months. Growth was… Continue reading UK Outdoor Revenue Grows 5.1% In Q3
Viacom Outdoor has launched a new initiative to allow brands to advertise on ticket gateways on London Underground’s tube network.The initiative, which will run for six weeks from 9 December, will be made available on over 130 ticket gateways at stations across central London, including Green Park, Oxford Circus, Tottenham Court Road and Bond Street.A… Continue reading Viacom Outdoor Launches Ticket Gateway Advertising
“Broadband will become the backbone of the UK economy. Ensuring that more people and businesses can take advantage of this – regardless of where we live or the size of company we are involved in – is a major priority” Stephen Timms, Minister for E-commerce Within Europe, the UK is surpassed only by Germany in… Continue reading Insight Analysis: Broadband Britain – A Progress Report
Radio advertising levels at Capital Radio are shaping up to be poorer than expected in November, according to an outlook in the group’s results for the year to 30 September 2002.Capital says that October and November are expected to show an 8% decline in advertising levels and whilst October was already known to be weak,… Continue reading Capital Radio Shares Plummet As Profits And Revenues Dip
European online retail sales will total E7.6 billion over the festive period, an increase of 86% on last year’s figure, according to Forrester Research. The percentage of European adults who buy online has increased from 14% in 2001 to 19% this year while average annual spend is up from E374 to E527. “Last Christmas, Europeans… Continue reading European Shoppers Set Online Tills Ringing
The Government has confirmed plans to further relax the radio ownership regulations, in a move that clears the way for further consolidation within the sector.Culture Secretary, Tessa Jowell, will announce later today that the local radio ownership rules would be revised to ensure that there are at least two commercial radio operators, in addition to… Continue reading Government Confirms Relaxation Of Radio Ownership Rules
