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
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The Radio Authority received 200 complaints about programming and advertising on UK commercial radio during the first quarter of 2002, according to its latest Programming And Advertising Review published today.Between January and April this year the authority received 67 complaints regarding programming and 133 concerning advertising and sponsorship. Eight programming complaints were upheld, compared with… Continue reading Radio Authority Receives 200 Complaints So Far In 2002
The ASA has refused to uphold complaints against a poster for the film Ali G Indahouse despite accusations that it encouraged young people to smoke cannabis.Those objecting to the poster, which featured Ail G holding up two cigarette papers against a smoke filled background, claimed that it associated the drug with a popular TV personality… Continue reading ASA Gives Ali G The Thumbs Up
Channel 5 is taking further steps to distance itself from its downmarket image by commissioning a series of art programmes.Following on from the success of its Great Artists series, the network has commissioned 28 half-hour arts shows, with subjects ranging from Caravaggio to the Bloomsbury group.The line up includes an eight part series, Every Painting… Continue reading Channel 5 Gets Serious With New Art Programmes
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
Total UK advertising expenditure fell by 2.6% in 2001, following nine years of uninterrupted growth, according to the latest data from the Advertising Association (AA), as compiled by the World Advertising Research Centre (WARC). Adspend totalled £16.5 billion last year, down from £17.0 billion the year before. After adjustment for inflation this represents a decline… Continue reading AA Data Shows UK Adspend Fell 2.6% In 2001
Yesterday saw Unilever sign a £320m contract with Carlton and Granada to advertise on ITV for the next four years, in the largest advertising deal of its kind in the UK (see Unilever Signs Record UK Airtime Deal). Despite the much needed cash inflow from the deal, Carlton and Granada saw shares fall yesterday. The… Continue reading Sharewatch
Total UK advertising expenditure fell by 2.6% year on year during 2001 to just over £16bn, according to the latest figures compiled for the Advertising Association’s Advertising Statistics Yearbook 2002.President of the Advertising Association (AA), Niall Fitzgerald, said: “The last twelve months have been painful for the advertising business. The noticeable drop in TV advertising… Continue reading 2001 Decline In UK Adpsend Led By TV
