More Industry News articles

Shares in Reuters, the financial information group, plunged to a twelve year low this morning after the company revealed disappointing results for the third quarter. Total revenue fell 7% from £924 million to £857 million, with Instinet, the group’s electronic share trading service suffering a 25% drop in sales in the three months to September… Continue reading Reuters Stock Sinks Following Profits Warning

The creation of a single ITV company took another step forward this morning, as its proponents, Carlton and Granada, announced further details of an agreed merger plan (see Carlton And Granada Enter Advanced Merger Talks). The two companies claim that a single ITV entity will “help to create a virtuous circle of maximising investment in… Continue reading Carlton/Granada Move Closer To £2.6bn Single ITV Company

Granada, which last week announced plans to merge with fellow ITV powerhouse, Carlton (see Carlton And Granada Enter Advanced Merger Talks) has indicated its intention to take full control of Ireland’s TV3, according to a report in today’s Independent. The Irish commercial broadcaster is part-owned by Granada, CanWest Global Communications and a group of investors… Continue reading Granada Seeks To Increase Influence In Ireland

Carlton and Granada saw shares fall yesterday following a negative broker comment in the wake of their recent merger announcement (see Carlton And Granada Enter Advanced Merger Talks). According to reports, JP Morgan said the upside to the deal was now priced in, but the regulatory hurdles to be climbed remain significant. Carlton was down… Continue reading Sharewatch

As 2002 plays out and plans are made for 2003, Kate Sergeant, consultant at Media Audits, explains why the long term structural decline of ITV is key to media planners.Life used to be a lot simpler in the UK TV Market. Agencies could estimate the number of ratings they needed to buy to deliver to… Continue reading NewsLine Column: ITV’s Falling Share – The Media Planning Rules Are Changing

Jim Hytner, commercial director of ITV, has criticised the BBC for losing sight of its public service remit and has accused the Corporation’s director general, Greg Dyke, of using the licence fee in an “irresponsible, almost criminal” way.Speaking in a purely personal capacity at this year’s Media Question Time event, Hytner, who is just weeks… Continue reading Hytner Criticises Dyke For Misuse Of The Licence Fee

In a world of fragmentation and vast technological change newspapers are still a valued form of media, according to panellists at this year’s annual Media Question Time.Despite the increasing popularity of the internet as a news medium, Mike Anderson, recently appointed as managing director of the Evening Standard, believes that newspapers are successfully adapting to… Continue reading Newspapers Are Adapting To The New Media Environment

Online ad agency, DoubleClick, has secured a global partnership with Carat that will see it become the preferred ad-serving provider for the group’s operations.Under the new deal Doubleclick will provide ad serving solutions to all of Carat’s Interactive businesses, including Renault and Vodafone for the next two years. Last month Doubleclick secured a similar deal… Continue reading Doubleclick Lands Global Partnership With Carat

The IPA’s quarterly Bellwether report, published today, has dampened hopes that the marketing communications industry might see an early recovery by revealing that the majority of advertisers surveyed revised down their marketing budgets during the third quarter of 2002.The report, which looks at advertisers’ new budget setting, current budget revisions and actual marketing spend, shows… Continue reading IPA’s Bellwether Report Dampens Hopes Of Early Recovery

ITV executives may secretly be relieved that the Network failed to win the digital terrestrial television licence that was put up for grabs this summer, according to the company’s marketing director, Jim Hytner, (pictured).Speaking candidly and offering a personal, rather than corporate insight, Hytner told MediaTel Group’s Media Question Time event last night that he… Continue reading Hytner Is ‘Relieved’ That ITV Did Not Win DTT Licence