More Industry News articles

Media communications and market research company, Aegis Group, this morning announced that it has acquired an interest in a joint venture with Japanese agency Chuo Senko – a mid-sized Japanese agency network. Chuo Senko recently set up its own media buying business called Chusen Media K.K. Aegis has taken a 49% stake in this and… Continue reading Aegis Builds Presence In Key Japanese Market

Week on week analysis of the media market shows that the best performances came from Smartlogik and UBC Media. The former saw shares rise 25% week on week to close at 2˝p, while the latter saw stock climb 19.64% to finish at 33˝p, an increase of 5˝p on the week before.Reed, which was rumoured to… Continue reading Sharewatch

Troubled advertising agency network, Cordiant Communications, is understood to be seeking a refinancing of its £276.4 million overdraft facility after tough trading conditions and negative newsflow have hit the company hard. Cordiant is reported to be in talks with its bankers about its extending its overdraft, following a period of weak advertising sales and acquisitions… Continue reading Cordiant Looks To Refinance Overdraft After Tough Year

The Chrysalis Group has unveiled a new corporate logo designed to reflect its core values and unify its portfolio of brands.The group’s marketing director, Steve Parkinson, said: “We needed to find a consistent approach to our identity. The group now has four divisions and we have come a long way since the last logo was… Continue reading Chrysalis Unveils New Corporate Logo

Market research and information group, Taylor Nelson Sofres (TNS), this morning said that it expects its underlying improvement in turnover in 2001 to be slightly ahead of market growth – generally estimated to be 5%. This performance is being driven by an above market growth in the company’s European business, although the UK and France… Continue reading Taylor Nelson Sees Turnover Growth Ahead Of Market

The first data from the new BARB audience measurement system will become available today, having been delayed by technical issues for over a week (see BARB Data Suspended Until 15 January). Today overnight figures for the period 1-7 January will be released, while the remaining data produced during the delay will appear between now and… Continue reading BARB Releases First New System Overnights

Shares in ITV company Granada fell heavily in trading today after the company failed to offer new details of the restructure of ITV Digital at its AGM this morning (see ITV Revenues Down 12% In H1, Visibility Still Limited). Following the announcement, stock fell by 3.6% to 139p, but had recovered to 142žp by 4.00pm.… Continue reading Granada Shares Dip As Future Of ITV Digital Remains Unclear

This year will be a disappointing one for the European cellular handset industry, according to a report released by the Yankee Group this month, which claims that saturating markets, infrastructure delays and other external events during 2001 “have all conspired to abruptly turn booming sales into the first ever year of market contraction.” Nevertheless the… Continue reading Mobile Handset Sales Will Contract This Year, But Return To Growth With 3G Takeup, Says Yankee Group

Cordiant was one of only five companies to see stocks improve amid the gloom of yesterday’s media market. Shares rose 3.32% to close at £1.09, an increase of 3˝p on the previous day.Telewest, which recently launched an advertising campaign to raise awareness of its range of services (see Telewest Launches Ad Campaign), was one of… Continue reading Sharewatch

Classic Gold Digital has acquired the six remaining Classic Gold AM licenses from GWR for £1.7m meaning that it can now broadcast to a potential 16 million people in the UK.Classic Gold Digital’s chief executive, Simon Cole, said: “We acquired 12 Classic Gold AM licences as part of our original deal with GWR and the… Continue reading Classic Gold Digital Extends License Portfolio