Peter Stothard has announced that he is stepping down as editor of The Times after almost ten years.In a statement made to staff, Stothard described the editorship of the newspaper as “the greatest job in journalism” and said that he wanted to leave when the paper was at a “high point.” Robert Thomson, US editor… Continue reading Times Editor Steps Down
Digital marketing company ValueClick is restructuring its UK media division to reflect its changing portfolio of media products.The restructure will see the promotion of Jason Ricks, formerly director of digital direct marketing, to business development director. Ricks will be responsible for network development and will oversee the creation of a bespoke network of sites for… Continue reading ValueClick Restructures UK Media Division
Cable & Wireless, which warned yesterday that profits at its global business could be down by 10% year on year when it announces its results in May, saw shares rise 0.94% yesterday to close at £2.14, an increase of 2p on the day before. Telewest continued to see shares fall following increasing concern over the… Continue reading Sharewatch
Acting chairman of the Press Complaints Commission (PCC), Professor Robert Pinker, has said that he wants to strengthen self-regulation within the newspaper industry.In a speech to the Commonwealth Press Union, Pinker said: “There are many debates I am happy to have, as long as they end up strengthening self-regulation, not handing ammunition to its detractors.… Continue reading PCC Considers Strengthening Self-Regulation
Europemedia reports that space on the current generation of the internet will run out by around 2005 unless the European Union states speed up plans to roll out a new IP version, according to a recent European Commission report. The report claims that the development of internet protocol version 6 (IP6) would further boost Europe’s… Continue reading Internet Will ‘Run Out Of Space’ In 2005, Says New EC Report
Cable & Wireless Warns On Profits Ahead Of ResultsCable and Wireless this week issued a trading update ahead of its full year results forecasting that the group’s revenues will fall by 10%.Cable & Wireless chief executive, Graham Wallace, said: “Despite a backdrop of continuing difficult market conditions expected to contribute to a 10% decline in… Continue reading Cable & Wireless Warns On Profits Ahead Of Results
A new report from the Yankee Group comes to unsurprising conclusions regarding the appeal of video-on-demand services, revealing that young men (16-17 years) are most likely to buy movies in this way. 31% of cable and satellite subscribers say that they are ‘very likely’ or ‘somewhat likely’ to order a VOD movie costing $3.95. 16-17… Continue reading VOD Appeal Greatest Amongst Young Men, Says Yankee Group
Time Out magazine is being redesigned to bring it in line with its global spin-off titles.From 27 February the London listings guide will change to a slightly smaller format and will carry a new Time Out London logo. In response to market research among readers the magazine’s Sell Out section will be renamed Consume and… Continue reading Redesign For Time Out Magazine
Companies are spending one third of their overall marketing budget on sales and promotions initiatives, according to a study carried out by ISBA and the Audience Research Consortium (ARC).The report, which surveyed some of the UK’s major advertisers, shows that sales and promotions (SP) expenditure is growing, with 50% of companies planning to increase their… Continue reading Sales And Promotions Sector Booms
Reed Elsevier released full year results for 2001 today which revealed that heavy internet investment is beginning to pay off. Revenues for 2001 were up 21% to £4,560 million with adjusted pre-tax profits up 23% to £848million. Underlying revenue rose by 3%, overall operating margins were 1% higher at 22%and operating cashflow conversion was strong… Continue reading Reed Delivers Strong Results And Reaffirms Growth Expectations For 2002
