The underlying rate of inflation saw a sharp fall last month, to 1.8%, compared to 2.3% in April, according to the Office of National Statistics. Most analysts were not expecting such a dramatic decrease, which makes an increase in interest rates, to dampen spending, less likely.It is thought that the slowing of the inflation rate… Continue reading Dramatic Fall In Inflation Rate For May
The worst performance in yesterday’s media market came from troubled cable operator Telewest, which was shares fall 23.08% to close at 2˝p after a group of its bondholders rejected an offer for 20% of the company’s bonds.Regional newspaper publisher Johnston Press, which announced earlier in the week that advertising revenues rose by 2% in the… Continue reading Sharewatch
The latest release of ABC figures for national newspapers showed that once again the circulation of tabloid newspapers slipped 2% year on year overall for the December-May period. Dwarfed in circulation by the Sun and the Mirror, but nevertheless bucking the trend, is Northern & Shell’s Daily Star. It might not make any claims to… Continue reading Feature: Star Shines As Tabloid Circulations Fall
Digital radio consortium MXR has partnered with Ford to launch a marketing initiative to drive the uptake of DAB digital radio in the UK.The deal will see a permanent fleet of four branded promotional vehicles roll out in each of MXR’s transmission regions. The vehicles will be fitted with the latest DAB digital radios and… Continue reading MXR Partners With Ford To Drive Digital Radio Uptake
The Newspaper Society (NS) has criticised the Government’s recently published draft Communications Bill (see In its submission to the Joint Select Committee on the Communications Bill, the NS claims that the latest media ownership policy, which proposes the abolition of prior consent and criminal sanctions, threatens to introduce new layers of plurality and competition controls.The… Continue reading Newspaper Society Criticises Draft Communications Bill
The Telegraph Group has signed an advertising deal with Jacob’s Creek that will see the drinks brand sponsor special supplements in the Sunday Telegraph and Daily Telegraph Magazine.The deal, which is designed to support Jacobs Creek’s sponsorship of the Wimbledon tennis championships, will see an eight-page broadsheet supplement appear in the Sunday Telegraph on 23… Continue reading Telegraph Signs Wimbledon Ad Deal With Jacobs Creek
Culture Secretary Tessa Jowell today all but dismissed the idea that the licence fee system of funding the BBC will be scrapped in the near future.Speaking at the Social Market Foundation Seminar on Public Service Broadcasting, she confirmed that a review of the Corporation’s charter would begin in 2004 and that a decision must be… Continue reading Jowell Says Licence Fee Will Stay
Nearly three quarters of online media buyers expect their marketing spend to increase over the next two years, with two thirds predicting an increase of up to 30%, according to research from UK web portal MSN.The research, which predicts that online marketing spend will “soar” in the next six months, also shows that 63% of… Continue reading Online Media Buyers Set To Increase Marketing Spend
England’s progress in the World Cup finals has given ITV’s advertising revenues for June and July an unexpected boost.According to internal ITV forecasts, June’s ad income is expected to be up 10% year on year, ahead of the previously anticipated 6% rise. The network is also predicting that July’s revenue will be around 6% higher… Continue reading England’s World Cup Progress Boosts ITV Ad Revenue
Paul Kurzeja, formerly group art director of Future Network, has been poached by IPC to be the creative director of Wallpaper*.Kurzeja is said to enjoy a reputation in the magazine industry as the “designer’s designer” and has previously won four PPA and Total Publishing awards for art direction and design. He has also chaired seminars… Continue reading New Creative Director For Wallpaper
