There are small signs of recovering confidence amongst advertisers in the US, but they have yet to translate into any significant recovery in media spending, Aegis chairman Lord Sharman told the company’s AGM today. He added that market research spending is showing a modest improvement, helping to reduce the pressure felt on Aegis’ US market… Continue reading Aegis Cautious On Media Recovery, Europe Remains ‘Depressed’
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ITV giants, Carlton Communications and Granada, will need to offer investors a new plan following the closure of their ITV Digital business last month (see Administrators Switch Off ITV Digital), according to analysts at Lehman Brothers. The broker says that part of this new game plan should be the strengthening of the core ITV channel… Continue reading Carlton And Granada Need ‘A New Plan’, Say Lehman Analysts
AFX News reports that the Guardian Media Group’s 180p per share cash offer for Jazz FM is going ahead, since no competing offer has yet been made that would have reversed the acceptance from Jazz FM’s main shareholder (see Guardian Media Group Makes £41m Offer For Jazz FM). The Board of Jazz FM has so… Continue reading Guardian’s Jazz FM Offer Goes Ahead
The best performance in yesterday’s media market came from Daily Mail, which is due to release its results at the end of this month. Shares rose 4.14% yesterday to close at £8.05 after an analyst said that the company was benefiting from not entering the tabloid price war.At the other end of the scale Jazz… Continue reading Sharewatch
The last twelve months have seen the advertising industry batten down its hatches against the looming threat of recession. However, while most of the UK’s main media sectors saw revenue fall year on year during 2001, figures published by the Interactive Advertising Bureau (IAB) show that the online industry has weathered the economic storm surprisingly… Continue reading Feature: Interactive Advertising Weathers The Storm
The Government’s Communications Bill is “one of the most consulted-on pieces of legislation in living memory” claimed MP Tessa Jowell yesterday. The Minister for Culture, Media and Sport was answering questions on the first day of PricewaterhouseCoopers’ European Media Summit in London.She stated that, starting with the White Paper and now at the Draft Bill… Continue reading Jowell Responds To Bill Questioning At Conference
Chrysalis-owned London radio station Heart 106.2 has appointed Tina Finch as its new marketing controller.Finch takes up the position on 5 June and will work to develop the Heart 106.2 brand across London and on a national scale. She joins from IPC where she was marketing manager for women’s celebrity title InStyle.Commenting on the appointment,… Continue reading Heart 106.2 Appoints New Marketing Controller
Channel 4 has strongly denied speculation that its new breakfast show RI:SE could be taken off air by August unless viewing figures improve.Since its launch less than a month ago (see He said: “Channel 4 has always insisted that its investment in RI:SE is long-term and there are absolutely no plans to take the show… Continue reading Channel 4 Denies RI:SE To Be Taken Off Air
The Advertising Standards Authority (ASA) has welcomed the proposed measures to reform communications regulation, put forward in the Government’s recently published draft Communications Bill (see The Bill In Brief: The Changes To Come).According to the Authority, the Bill honours the commitments to the “timely reform” of communications regulation included in the Communications White Paper and… Continue reading ASA Supports Government’s Plans For Self-Regulation
Tyler Brûlé has stepped down from his position as editorial director of elite interiors and lifestyle magazines Wallpaper* and Spruce. IPC Media has announced that Christina Ferrari, founder and managing editor of Time Inc.’s US title Teen People has been appointed as acting editorial director.Brûlé launched Wallpaper*, which now sells editions in over 50 countries… Continue reading Brûlé Gives Bibles Of Cool Cold Shoulder
