Telewest Broadband has cut around ten marketing jobs as part of the 1500 job reductions it announced earlier this month.The company’s director of marketing communications Chris Fry and head of brand Geoff Linsell are among the departures, although they are thought have left voluntarily. Linsell and Fry were key figures in the creation of the… Continue reading Telewest Cuts Marketing Jobs
Freeserve has poached the editor of IPC’s Marie Claire website to head its own women’s website iCircle.Sarah Woodhead, who also previously edited IPC’s now defunct Beme.com, has been recruited to help Freeserve’s iCircle compete in the lucrative women’s sector, which also includes Boots and Telegraph-backed Handbag.com, Associated New Media’s Femail.co.uk and Tesco’s iVillage.co.uk.Woodhead will be… Continue reading Freeserve Poaches Marie Claire’s Online Editor
Yesterday was a day of mixed fortunes for the media sector as both Emap and Carlton announced gloomy results with signs of only a weak recovery in broadcast advertising.Emap, which posted a 6% rise in profits for the twelve months ending 31 March 2002 (see EMAP ‘Cautiously Optimistic’ On Future Trading), saw shares rise 1.74%… Continue reading Sharewatch
In an AGM statement, Maiden Group reiterated the forecast made in March that there would be a “gradual and measured recovery” in 2002.Maiden Group chairman Martin Boase said: “The performance of the Group is in line with our comments made at the time of the preliminary results at the end of March and in our… Continue reading Maiden Boss Forecasts ‘Gradual And Measured’ Recovery
UK magazine and website publishing group, Future Network, has cleared its debt burden, chairman Roger Parry told the company’s AGM this morning. The news follows a tough financial period for Future which was forced to close publications and reduce headcount in order to make cost savings.As of 30 April, the group had modest cash balances… Continue reading Future Network Shakes Off Debt
The French online sector suffered a 17% drop in advertising revenues during 2001, according to the latest annual data from that country’s Interactive Advertising Bureau, as reported by the World Advertising Research Centre. Online spend in France fell from ₏184 million (£116.2 million) in 2000 to just ₏153 million last year. Figures for 2001 US… Continue reading French Internet Advertising Falls 17% In 2001
Like for like advertising revenues at Carlton Communications fell by 13% year on year for the six months ended 31 March 2002, the company’s results showed this morning. However, the ITV giant says that there are early signs of a recovery in the demand for advertising at present. Pre-tax profit before interest at the company… Continue reading Carlton Profits Hit By Ad Slowdown And ITV Digital Failure
IPC’s NME brand has extended its SMS text messaging service with the launch of NME Band Alerts.The new premium rate service, which is intended to provide music fans with the latest rock and pop news, launches tomorrow. NME readers will be able to sign up to receive SMS alerts on up to 100 bands by… Continue reading NME Extends Text Message Offering
US internet advertising declined by 7.5% in Q4 2001 and dropped by 12% across the whole year, according to figures released by the US Internet Advertising Bureau. Online spend for 2001 totalled $7.2 billion, according to the PricewaterhouseCoopers-produced report. The IAB says that the weak revenues were not unexpected and that they mirror the experiences… Continue reading US Internet Ad Revenue Falls 12% In 2001
UK consumer advertising is trading well, whilst radio advertising conditions remain tough, according to year-end financial results released by EMAP this morning. The results are pretty much in line with the outlook given in the group’s trading statement in March (see EMAP Says Consumer Mags Revenue Stable, Radio Remains Weak). Pre-tax profit rose by 6%… Continue reading EMAP ‘Cautiously Optimistic’ On Future Trading
