More Industry News articles

ITV advertising revenues for July and August are continuing to look strong, after a boost in spending received by the Network during the World Cup last month (see Forecasts). With the recovery holding out for the foreseeable future, analysts at Merrill Lynch are upgrading their outlook for Carlton Communications and Granada. The broker is now… Continue reading Outlook Improves For ITV Advertising

Vivendi Universal, the indebted French media conglomerate, is set to receive a fillip in the shape of a E2.5 billion advance. This should satisfy creditors in the near future although the company’s long term prospects remain uncertain, according to a report in yesterday’s Observer newspaper. It is believed that a consortium of banks including BNP… Continue reading Vivendi To Be Thrown Financial Lifeline

As expected, the French publishing company Hachette Filipacchi has completed the acquisition of Attic Futura from the Australian printing group PMP in a deal worth £40 million (see Attic Futura Set To Go Continental). Attic Futura publishes six titles including the market leading teen title Sugar and the fortnightly gossip magazine Inside Soap. The company… Continue reading Hachette Buys Attic Futura For

Dow Jones, publisher of the Wall Street Journal has posted a 13.9% fall in revenues, after being hit by what CEO Peter R. Kann describes as the most difficult global advertising environment of the last 30 years. Second quarter revenues came in at $417.0 million, down by 13.9% on the $484.1 million posted in the… Continue reading Dow Jones Continues To Feel Ad Sting

Figures from French publishing group, Lagardere, suggest that there is no recovery in advertising levels for US magazines, according to analysts at Merrill Lynch. Lagardere has magazine publishing and other media operations in a number of regions around the world, so its figures provide some degree of yardstick by which to measure various markets. Merrill… Continue reading Lagardere Shows Poor Revenue At US Mags, No Improvement Before October

The 2002 projections issued by Universal McCann this week follow the trend of recent studies predicting a limited revival in advertising market conditions. Robert Coen, director of forecasting at the global media agency, anticipates an increase of 2.1% in US adspend and there is growing confidence about prospects for next year. In fact, Coen has… Continue reading Coen Predicts ‘Modest’ Adspend Growth

Broadband internet subscriptions in France topped the half-million mark during 2001, according to the country’s telecom regulator, ART. The number of subscriptions for broadband services trebled from 200,000 to 600,000 last year. One in ten Internet subscriptions in France are now for broadband connections. ART also found that Internet access costs fell by almost two-thirds… Continue reading Broadband Internet Taking Off In France

Yesterday was a poor day for media companies, which suffered from the FTSE falling to a five year low. Wireless Group and BSkyB saw the most significant negative movement. The former fell 10.32% to close at 69˝p, while the latter, which recently secured a £95m TV rights deal with the Football League (see BSkyB Helps… Continue reading Sharewatch

MTV has appointed former ITV Digital marketer, James Scroggs, as its new UK marketing director, with a brief to develop the MTV brand as the barometer of youth culture.Scroggs, who joined the channel last week, is planning a review of MTV’s creative advertising account. He replaces David Pullan, who left earlier this year to join… Continue reading MTV Appoints Former ITV Digital Marketer

An under-strength BMRB side was soundly beaten by an MRG team in the first match in this season’s triangular cricket series.On a day when most things went alarmingly and surprisingly right, the MRG team even won the toss, and put BMRB in on an excellent wicket in bright sunshine in West London.In only the second… Continue reading Sharp All-Round Performance Puts MRG One Up