More Industry News articles

Two of the UK’s leading newspaper groups have been priced out of the bidding for the publishing assets of SMG, according to a report in today’s Independent. The Daily Mail & General Trust and Guardian Media Group were seemingly unwilling to match SMG’s valuation of the titles which include The Herald and Sunday Herald. Eight… Continue reading Major Publishers Withdraw From SMG Auction

Friede Springer, the largest shareholder in the German publisher Axel Springer Verlag has consolidated her hold on the company by acquiring a 10.4% stake from Deutsche Bank. The bank yesterday took control of the 40% stake in Axel Springer previously owned by the indebted Kirch Media Group (see Deutsche Bank Temporarily Takes 40% Axel Springer… Continue reading Deutsche Bank Sells On 10% Stake In Axel Springer

Liberty Media is thought to be out of the running to acquire the cable assets of Deutsche Telekom for the second time, according to a report in the Financial Times. The paper quotes insiders as saying that Liberty’s consortium has failed to make it to the latest round of the auction. Liberty had put together… Continue reading Liberty Out Of Deutsche Telekom Cable Auction, Says FT

Deutsche Bank has acquired a 40% stake in Axel Springer Verlag, Europe’s largest newspaper publisher, for E667.3 million. The stake was owned by Leo Kirch, the fallen head of the KirchGruppe media empire. The Springer shares were collateral for a loan which Deutsche Bank had extended to the Kirch group. The collateral was offered for… Continue reading Deutsche Bank Temporarily Takes 40% Axel Springer Stake

The ASA has upheld a complaint against a text message advert for a telecommunications company that stated: “You are a dick and I am going to kick your head in ya big useless donkey.”Recipients complained that the ad, which was intended to encourage mobile users to upgrade their phones, was irresponsible and offensive. The company… Continue reading ASA Censures Offensive Text Message Ad

Media stocks were seen under pressure on Tuesday as London equity markets followed Wall Street south, bearish sentiment was compounded by continuing concerns over the timing of any advertising recovery.Granada extended losses after further speculation that Carlton‘s chief executive, Gerry Murphy, is poised to take up the helm at DIY group Kingfisher. According to analysts,… Continue reading Sharewatch

Clear Channel’s UK billboard company, More O’Ferrall, is to be rebranded as Clear Channel as part of a £5 million upgrading programme aimed at positioning the company as the country’s leading force in outdoor advertising.The new name and livery, which was unveiled by Clear Channel Worldwide’s president and chief operating officer Mark Mays, will appear… Continue reading More O’Ferrall To Rebrand As Clear Channel

Advertisers are often accused of overlooking older consumers and talking only to the young. Certainly, the over-50s have a high level of disposable income, which, coupled with their increasingly liberal attitude towards savings, is making them a powerful force.But they are also among the heaviest consumers of many traditional forms of media, so it is… Continue reading Feature: Old Money In The Grey Consumer Market

BSkyB and Yell.com have launched an online directory service on Sky Active enabling digital viewers to access Yell’s database through their televisions.The newly branded Yell service will replace the Eating Out and Places To Stay guides on the Sky Active platform. The new directory is accessible through the classified and information service on the Sky… Continue reading Yell Teams Up With Sky Active For Interactive Directory

Brands believe they must continue to pour money into online publishing in order to maximise their return on investment, according to a report from the Newspaper Society.The report, entitled Investing Media Brand Equity Online, shows that the majority of publishers have invested up to 30% of their reputation in their online offerings over the last… Continue reading Online Publishers Believe They Must Up Investment